Business
India Ranks 130 in Index of Economic Freedom; up by 13 Spots
Observing that non-tariff barrier significantly impede trade, the Heritage Foundation said the government's openness to foreign investment is below average.
Bangladesh, India Sign 129.5 km Oil Pipeline Deal
The deal was part of the six memorandum of understandings (MoUs) which Dhaka and New Delhi signed during a meeting between their Foreign Secretaries at State Guesthouse Padma in the capital, Xinhua news agency reported.
Rupee Gains 12 Paise Against US Dollar in Early Session
The domestic unit had ended flat at 64.97 against the US dollar in a quiet range-bound trade on Friday as local equities consolidated their recovery momentum.
AirAsia India Adds 18th Plane, to Expand Services from Kolkata
The 18th A320 aircraft will be stationed in Kolkata, which is the third base for the Tata Sons-AirAsia invested domestic carrier, a release said on Sunday.
Federal Bank Ties up With Fortune Wealth to Offer PIS Services
This will enable non-resident Indian clients to invest in Indian equity markets on repatriable and non-repatriable basis, Federal Bank Deputy Vice-President and Head-International Banking, told reporters Coimbatore.
Videocon Loan Case: CBI Questions Rajiv Kochhar for the Third Day
Kochhar, the founder of Singapore-based Avista Advisory, appeared at the agency's office in the Bandra Kurla Complex in Mumbai this morning, where he was asked about the role of his company in the restructuring of the loan, they said.
State-owned Oil Companies Planning to Nearly Double Iranian Imports, Say Sources
Iran is pushing to retain its oil customers in Asia, offering better terms than other Middle Eastern suppliers including Saudi Arabia, even as the threat looms of potential further US sanctions on the OPEC member.
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Sensex Slips 93 Points in Early Deals on Profit-booking
Domestic equities opened lower after Thursday's rally with benchmark Sensex rising up 577 points on Thursday after the RBI kept the policy rate unchanged but said growth will rebound this fiscal amid softening inflation.
RBI Plans to Launch its Own Cryptocurrency, Tightens Rules Against Bitcoin
An interdepartmental group has been constituted to study and provide guidance on the "desirability and feasibility" to introduce a "central bank digital currency" and will submit its report by June, the central bank said.
RBI Maintains Status Quo, Keeps Policy Rate Unchanged at 6 Per Cent
The Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel expects the growth rate to accelerate to 7.4 per cent in 2018-19, up from 6.6 per cent last fiscal, ended March 31, mainly on account of revival of investment activity.
Jet Airways Agrees to Buy 75 Boeing 737 MAX Jets Worth $8.8 Billion
Indian airlines are scrambling to add more jets to meet demand for more domestic and international flights, making it one of the most targeted sales markets for Boeing and European rival Airbus SE.
Niti Aayog Pitches for Financial Support to Farmers Not Burning Crop Residues
. A report of the task force prepared jointly by Niti Aayog and the CII has also made a case for ploughing the residue back into the field.
Philippines Competition Watchdog Says Examining Uber-Grab Deal
Meanwhile, Indonesia is making it mandatory for Go-Jek and Grab to register as transport companies within two months to ensure they meet safety requirements as a public transport provider, potentially increasing costs and scrutiny of the ride-hailing firm...
RBI May Keep Repo Rate Unchanged in April Policy Review: Report
According to global financial services major UBS, the tone of the policy statement by the RBI's monetary policy committee (MPC) is expected to "remain cautious while maintaining a neutral policy stance".
Hindustan Aeronautics Falters on Market Debut
Analysts said the offering has been hurt by competition from a number of IPOs due to hit the market this month and a fall in stock markets from record highs reached in January.