Raghuram Rajan

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI. Nov 6, 2018
Enforcement directorate

Rose Valley ponzi case: ED arrests Kolkata-based man

They said Sudipto Roy Choudhary, who ran a consultancy business, is a suspect in connection with a number of payments made in the chit fund scam case and payments worth crores made to him are under the ED's scanner. Nov 5, 2018
rupee

Sensex down 150 points, rupee at 73

"The decline in the domestic currency is because of the US dollar, which is stronger as the their economy is doing well. As far as markets are concerned, the volatility is expected to continue. It is trading in a tight range and will continue for few months," Astha Jain, Senior Analyst, Hem Securities. Nov 5, 2018
Apple iOS 12 USB Restricted Mode

Apple loses $1 trillion status after soft holiday forecast

The dip in Apple's shares to $208.50 knocked around $67 billion off its value, and put Amazon and Microsoft Corp back in the mix in the race among the United States' big tech players to be the world's most valuable company. Nov 3, 2018