New York, Aug 28 (IANS) In order to woo more readers and keep subscribers intact, news outlets need to strongly focus on local news amid maintaining a regular reader habit, a new study has said,…
Mumbai, Aug 28 (IANS) Shares of Kalpataru Power Transmission Ltd slumped over 12 per cent on Wednesday after the company said it has received a notice from the World Bank over “process violations” in bids…
New Delhi, Aug 28 (IANS) Noting that ‘band-aid’ measures would not help the economy as it faces several cyclical and structural issues, Fitch group firm India Ratings and Research has lowered its GDP growth forecast…
By Nishant Arora New Delhi, Aug 28 (IANS) Google Pay which reported 55 million monthly active users in India in May has set eyes on tapping over 12 million ubiquitous kirana stores to write its…
By Sujit Chakraborty Agartala, Aug 28 (IANS) The northeastern part of the country has always been a challenge to the Indian Railway. While incurring extra costs, the railways have had to deal with unique challenges…
Mumbai, Aug 28 (IANS) Moody’s Investors Service on Wednesday downgraded private lender Yes Bank’s foreign-currency issuer rating to ‘Ba3’ from ‘Ba1’, which sent the company’s stocks plunging nearly 7 per cent on the BSE. Moody’s…
Mumbai, Aug 28 (IANS) The RBI decision to transfer Rs 1.76 lakh crore to the Central government in the current year will help strengthen its fiscal position in the backdrop of the economic slowdown, Acuite…
Mumbai, Aug 28 (IANS) Private sector lending major ICICI Bank has become the first in the country to deploy industrial ‘Robotic Arms’ to count millions of currency notes at its currency chests across the country,…
New Delhi, Aug 28 (IANS) The Modi government should give up its privatisation spree in the public sector “which is going to strip public assets and add to joblessness”, the CPI-M has warned. At a…
Hyderabad, Aug 28 (IANS) The second edition of the Deccan Dialogue on “Economic diplomacy in the age of Disruption” will be held at the Hyderabad campus of the Indian School of Business (ISB) on August…
Mumbai, Aug 28 (IANS) Global broking firm Goldman Sachs has forecast a mild recovery of the Indian economy from the economic slowdown by March next year, assuming a significant pick-up in consumer confidence and loosening…
Mumbai, Aug 28 (IANS) Sensex and Nifty opened on a dull note on Wednesday owing to decline in metal, financial and banking stocks. At 9.52 a.m., the Sensex was trading 62.53 points or 0.17 per…
New Delhi, Aug 28 (IANS) In a bid to fill the vacant seats in trains and meet the challenges posed by the roadways and airways, the Indian Railways has decided to give discount of up…
By Rohit Vaid Mumbai, Aug 28 (IANS) Beverage major Coca-Cola has entered India’s niche but potentially high-volume non-alcoholic malt drinks market in a big way with its global brand Barbican. The company, which launched pilot…
New York, Aug 28 (IANS) The US dollar declined as investors digested a batch of weak economic data. In late New York trading on Tuesday, the euro was down to $1.1092 from $1.1097 in the…
New York, Aug 28 (IANS) US stocks closed lower on Tuesday, as the market was rocked by renewed fears over a potential recession and investors digested the latest consumer confidence data. The Dow Jones Industrial…
Mumbai, Aug 27 (IANS) The actual gain to the government from the RBI’s surplus transfer of Rs 1.76 lakh crore is Rs 58,000 crore, calculations reveal. The government has already budgeted Rs 90,000 crore as…
New Delhi, Aug 27 (IANS) The Union cabinet in its meeting on Wednesday would take up proposals to relax foreign direct investment (FDI) in various sectors, including single brand retail and digital media, as announced…
New Delhi/Nagpur, Aug 27 (IANS) Global aerospace major Boeing on Tuesday said its sourcing from India now stands at $1 billion. According to the aerospace major, over 160 existing industrial partners have become a part…