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Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI's monetary policy panel cites inflationary risks as reason for...

India posted its best growth in nearly two years at 7.7 per cent in January-March quarter.

17 Aug 2018 9:39 AM IST

Former prime minister Atal Bihari Vajpayee dies at 93. (Photo: PTI)

Shah Rukh Khan, Priyanka Chopra, Rajinikanth mourn former PM Atal...

Vajpayee led the Government from 1998 to 2004, being first-ever member of BJP to become India's PM.

17 Aug 2018 9:38 AM IST

Verificient Technologies utilizes biometrics, computer vision, and machine learning. (Representational Photo: ANI)

Verificient Technologies releases India Plan for its innovative...

The creative technology ensures there is conduct and fairness of online assessments.

17 Aug 2018 9:35 AM IST

Representational Image. (Photo: Pixabay)

People with brain markers of Alzheimer's have no dementia

Here is what a new study has found.

17 Aug 2018 9:27 AM IST

Vajpayee presented the Indian team captain, Ganguly, a cricket bat with a message, saying, Khel hi nahi, dil bhi jeetiye -- shubhkamnaye. (Photo: PTI)

Vajpayee tirelessly championed India's development: World leaders...

Indians will reflect on Vajpayee's many contributions that led to India's rise as a global and economic power, said Mike...

17 Aug 2018 9:24 AM IST

Facebook banned several Buddhist nationalists for hate messages targeting Rohingya Muslims.

Facebook claims it was 'too slow' to combat hate speech in Myanmar

Some 700,000 Rohingya fled their homes last year after an army crackdown that the United States denounced as ethnic...

17 Aug 2018 9:19 AM IST

Tesla has been burning through cash to produce the Model 3.

Tesla on track to manufacture 8,000 Model 3s per week

Tesla produced 5,031 Model 3 electric cars in the last seven days of the second quarter.

17 Aug 2018 9:09 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Telecom department may allot, not auction E&V bands

Trai had earlier suggested Rs 10,000 per link of 250Mhz of E band and Rs 1,000 per link of 50Mhz for V band annually.

17 Aug 2018 9:02 AM IST

Traffic will not be allowed on lower Ring Road from ISBT Kashmere Gate towards Shanti Van and from IP flyover towards Rajghat. (Photo: PTI)

For Vajpayee's funeral, traffic not allowed on these roads in Delhi

Atal Bihari Vajpayee's last journey will begin from BJP headquarters at Pt Deen Dayal Marg at 1 pm.

17 Aug 2018 9:01 AM IST

WhatsApp, has rolled out a new feature that will allow its users to share their location with their contacts in real time.

WhatsApp backup to not be counted against Google Drive storage limit

Google started sending emails to users confirming that it has reached an agreement with WhatsApp.

17 Aug 2018 8:57 AM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

Banks set to come out of PCA framework this year

As many as 11 out of 21 banks are under the watch list of the Reserve Bank of India (RBI).

17 Aug 2018 8:54 AM IST

The latest Marvel film to impress audiences across the world is Avengers: Infinity War.

Avengers: Infinity War villains to star in own comic book series

Written by fantasy novelist Derek Landy the series will have art by former Uncanny X-Men artist Philip Tan.

17 Aug 2018 8:52 AM IST