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New RBI governor Shaktikanta Das. Photo: Reuters

RBI Governor Shaktikanta Das cuts repo rate to 4%, reverse repo rate to 3.35%: Key points from press meet

Reserve Bank of India Governor Shaktikanta Das holds a press conference on monetary measures for Covid-19 relief. Scroll down to read other major announcements.

May 22, 2020

Aditya Birla Sun Life Mutual Fund temporarily suspends new entrants into two debt funds from May 22: Here's why

Acceptance of a fresh subscription or switch-in application to Aditya Birla Sun Life (ABSL) medium-term plan and ABSL credit risk fund, SIP, CSIP and STP is temporarily suspended from May 22 until further notice. However, no restrictions on redemptions are being imposed, it will continue as usual.

May 21, 2020

Bill to delist Chinese cos. from exchange passed in US senate; will Modi government follow?

The bill that was introduced by Republican Senator John Kennedy, and a Democrat Chris Van Hollen from Maryland was overwhelmingly passed in the upper chamber of the United States Congress.

May 21, 2020

COVID-19 patients who recovered, tested positive again pose no danger: See why

Researchers claim 285 Covid-19 survivors who were re-tested positive again after they had recovered initially, show no risk of contagion and thus aren't capable of transmitting the infection again to other humans. They could possibly have the antibodies that prevent them from falling sick again.

May 20, 2020

APMC amendment 'truly empowers and frees our farmers', tweets DyCM Ashwathnarayan

The APMC is a marketing board established by a state government to ensure the safety of farmers from exploitation by large retailers, while ensuring the farm to retail price spread does not reach excessively high levels.

May 20, 2020

Amid rising global noises, will India replace China as the biggest manufacturing hub in Asia?

Cashing on the Covid-19 times dampening global economic prospects for this year and next, many radical voices are saying that India is on the way to become the next big manufacturing factory in Asia to replace China soon. This reflects nothing except national hubris and foul cry.

May 20, 2020

Uber slashes 3,000 more jobs; loses 25 percent workforce in 2 weeks

Uber had fired 3,700 employees less than two weeks ago, demonstrating how badly the global ride-hailing service has been hit by coronavirus pandemic.

May 19, 2020

Vedanta must reconsider delisting after Centre amends mining policy; here's why

Looking at the potential business upside, post announcement of coal and mining policy reforms by the Centre today, Vedanta Limited should reconsider its decision to delist from the bourse. Will Vedanta step back and stay on?

May 17, 2020

Warren Buffett's Berkshire dumps Goldman holdings; trims other investments

Warren Buffett's Berkshire Hathaway has made some major changes in its holdings, including dumping majority stakes in Goldman Sachs.

May 16, 2020

Atmanirbhar Bharat Abhiyan – Modi's clarion call for self-reliance a bold move or weak-willed?

The hard-hitting questions about Narendra Modi's Atmanirbhar Bharat Abhiyan, the $266 billion stimulus package to help revive India's economy and soften the devastating blow from the lockdown and deciphering what the new changes mean for Indians and India.

May 16, 2020

Shopping malls, offices, Metro could open in Delhi; schools, salons to remain shut

Delhi CM Arvind Kejriwal, in a letter to PM Modi, suggested no relaxations be allowed in containment zones and cinema halls, schools and religious places remain closed during fourth phase of lockdown.

May 16, 2020

Indian mobile company Lava lured by govt's new schemes exits China

Lava is planning to invest Rs 800 crore in India over the next 5 years. The move was inspired by the government's new schemes to incentivize local manufacturing in India.

May 16, 2020

What does the extension of Operation Greens scheme from TOP to TOTAL mean for farmers and consumers?

To help prevent distress sale and reduction in prices of perishable fruits and vegetables for the farmers, while ensuring fair pricing of products for end-consumers, FM Sitharaman announced the extension on Operations Green scheme to now cover all fruits and vegetables (TOTAL) beyond tomato, onions and potatoes (TOP) announced earlier.

May 15, 2020

From reforms in Essential Commodities Act to agriculture: Key points from Nirmala Sitharaman's speech

The third tranche of measures are a part of Rs 20 lakh economic booster announced by Prime Minister Narendra Modi on May 12.

May 15, 2020

Stimulus package 2.0: FM Sitharaman announces Rs 75,000 crore liquidity infusion for NBFCs

Giving detail about the measures, the minister said that six measures are exclusively meant for the MSME sector, while the others pertain to real estate, NBFCs and general businesses.

May 13, 2020

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Search Results for: markets

RBI Governor Shaktikanta Das cuts repo rate to 4%, reverse repo rate to 3.35%: Key points from press meet

Aditya Birla Sun Life Mutual Fund temporarily suspends new entrants into two debt funds from May 22: Here's why

Bill to delist Chinese cos. from exchange passed in US senate; will Modi government follow?

COVID-19 patients who recovered, tested positive again pose no danger: See why

APMC amendment 'truly empowers and frees our farmers', tweets DyCM Ashwathnarayan

Amid rising global noises, will India replace China as the biggest manufacturing hub in Asia?

Uber slashes 3,000 more jobs; loses 25 percent workforce in 2 weeks

Vedanta must reconsider delisting after Centre amends mining policy; here's why

Warren Buffett's Berkshire dumps Goldman holdings; trims other investments

Atmanirbhar Bharat Abhiyan – Modi's clarion call for self-reliance a bold move or weak-willed?

Shopping malls, offices, Metro could open in Delhi; schools, salons to remain shut

Indian mobile company Lava lured by govt's new schemes exits China

What does the extension of Operation Greens scheme from TOP to TOTAL mean for farmers and consumers?

From reforms in Essential Commodities Act to agriculture: Key points from Nirmala Sitharaman's speech

Stimulus package 2.0: FM Sitharaman announces Rs 75,000 crore liquidity infusion for NBFCs

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]