01 Sep 2015
New Delhi: Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed today, adding to the clamour for interest rate cut by RBI.
29 Aug 2015
Washington: Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has said he is not done with lowering rates and the central problem for the entire world remains slowing economic growth.
20 Aug 2015
Chicago: Gold futures on the COMEX division of the New York Mercantile Exchange rose ahead of the release of the minutes from a US Federal Reserve meeting.
14 Aug 2015
New Delhi: Deflationary trends continued for the ninth month in a row in July with wholesale inflation plunging to a historic low of (-)4.05 percent on cheaper vegetable and fuel, which may prompt RBI to cut interest rate ahead of the September 29 policy meet.
12 Aug 2015
Kolkata: Google's new CEO Sundar Pichai's tryst with the world of technology started with a thesis on electronic materials from IIT-Kharagpur two decades ago, while pursuing a B Tech in Metallurgical and Materials Engineering.
14 Aug 2015
New Delhi: State-owned Oriental Bank of Commerce (OBC) slashed minimum lending rate -- the base rate -- by 0.1 percent to 9.90 percent, a move which will lower EMIs for borrowers of the bank.
05 Aug 2015
Mumbai: A special court for Prevention of Money Laundering Act here today issued a non-bailable arrest warrant (NBW) against former IPL chief Lalit Modi in connection with a case of money laundering following a plea by the Enforcement Directorate.
29 Jul 2015
New Delhi: The Supreme Court today refused to stay the execution slated for tomorrow of Yakub Abdul Razak Memon, the lone death row convict in 1993 Mumbai blasts case, rejecting his last ditch plea to escape the gallows.
10 Aug 2015
New Delhi: There are 1,598 Public Interest Litigations (PIL) pending before Supreme Court with the oldest of them having been filed 23 years ago, the Apex Court has said in its response to an RTI query.
29 Jul 2015
New Delhi: Private sector lender Yes Bank today reported 27.7 percent rise in net profit to Rs 551.20 crore during the first quarter ended June 30, 2015-16, on higher net interest income.