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Balesh Sharma (ex-Vodafone India CEO) to spearhead Vodacom South Africa as...

NEW DELHI: New Vodacom Group announced that Balesh Sharma has been appointed MD & CEO of Vodacom South Africa reporting to Shameel...

ITC to acquire spices maker Sunrise Foods for estimated Rs 1,800-2,000...

NEW DELHI: Diversified business entity ITC Ltd on Sunday said it will fully acquire spices manufacturer Sunrise Foods Private Ltd (SFPL). While...

In 8th straight cut, RBI slashes key rate 40 basis points...

MUMBAI: The Reserve Bank of India on Friday unexpectedly cut key interest rates by 40 basis points, citing negative GDP...

Job searches for remote work surge in Feb-May: Report

MUMBAI: Job searches for remote work in India have surged by over 377 per cent during February to...

The trader who called the 2020 oil crisis

LONDON: French oil trader Pierre Andurand was catapulted into the spotlight this year after correctly betting that the deadly novel coronavirus would spark a...

Reforms do not mean complete abolition of labour laws, says Rajiv...

NEW DELHI: Amid concerns over changes in labour laws in various states, Niti Aayog vice chairman, Rajiv Kumar on Sunday said reforms do not...

Telcos approach Trai seeking early decision on floor price issue

NEW DELHI: Telecom players have urged regulator Trai to move forward quickly on the issue of fixing floor price for tariffs, saying the matter...

Home loan rates set to dip to 15-year low, EMIs to...

NEW DELHI: The RBI's announcement is good news for home loan borrowers with a secure income, as interest rates

Loan rejig will happen only after lockdown ends

Mumbai: Restructuring of loans may happen only after the lockdown ends as it is only then that banks will get...

Amazon to hire 50,000 more for delivery, supply

BENGALURU: Amid the gloom of job cuts due to the impact of the Covid-19 pandemic on businesses, Amazon India is looking to...

How RBI crack teams in isolation keeping financial system working

RBI governor S Das (file photo)NEW DELHI: Since the national lockdown was announced in late March, a team of more than 200 personnel from...

Healthy elderly can fly; Aarogya Setu app not must for air...

NEW DELHI: The Centre iterated on Friday that domestic flights to all places would resume from Monday, despite resistance from Tamil Nadu...

Pay $716 million to 3 Chinese companies: UK court to Anil...

Anil Ambani (File photo: PTI)LONDON: Business tycoon and former billionaire Anil Ambani was on Friday ordered by a UK court to pay...

Covid has hit income of 60% households: Survey

NEW DELHI: Covid-19 has hit the income of around 60% households across India, showed a survey. The study, conducted by Nielsen across 12 cities,...

IBM Layoffs 2020: IBM’s global layoffs hit India too | India...

BENGALURU: Within 50 days of his taking charge, IBM CEO Arvind Krishna has undertaken a major layoff exercise...

Nirmala Sitharaman: Future actions to stimulate economy will depend on how...

NEW DELHI: A day after the RBI (Reserve Bank of India) projected economic contraction in 2020-21, finance minister Nirmala Sitharaman on Saturday said future...

Tell government to take fiscal measures: Chidambaram to RBI governor after...

NEW DELHI: Senior Congress leader P Chidambaram on Saturday asked RBI (Reserve Bank of India) governor Shaktikanta Das to "bluntly"...

Will try to restart international flights before August: Hardeep Singh Puri

(Representative image: AFP)NEW DELHI: India will try to restart a good percentage of international passenger flights before August, civil aviation minister

Covid-19: Leading economist warns of 10 years of depression, debt

LONDON: Economist Nouriel Roubini has warned of a prolonged downturn and sluggish recovery from the coronavirus. Nicknamed Dr Doom for his gloomy predictions, Professor...

Air travel bookings open, not too many takers on day one

MUMBAI: Day one of opening of domestic air travel bookings from May 25 saw a tepid response from passengers, and tickets for...

H-1B legislations introduced in Congress to give priority to US-educated foreign...

Representational photo. WASHINGTON: A bipartisan group of lawmakers introduced a legislation in both the chambers of the US Congress proposing major reforms in skilled...

After 41 yrs, RBI sees GDP shrinking

The Indian economy is expected to contract for the first time in nearly 41 years, while the outlook for inflation remains uncertain,...

India plans scrutiny of new portfolio investors from China, Hong Kong:...

NEW DELHI: India has drafted rules proposing tighter scrutiny of new foreign portfolio investors (FPIs) from China and Hong Kong, three government sources told...

Tomato Price drop: Tomato prices fall to 3-year low at Rs...

(Representative image)NEW DELHI: Tomato prices in consuming centres of Delhi, Bengaluru and Hyderabad fell below three-year lows, in the range of Rs...

Income Tax Refunds: I-T department issues refunds of Rs 26,242 crore...

(Representative image)NEW DELHI: The Income Tax (I-T) department on Friday said it has issued I-T refunds of Rs 26,242 crore...

Repo Rate cut to Loan Moratorium: What RBI has done so...

MUMBAI: From asking banks to put in place contingency measures to unscheduled policy review meetings to deep rate cuts, the Reserve Bank of India...

SBI Loan Moratorium: About 20% SBI borrowers avail loan repayment moratorium:...

(Representative image)MUMBAI: State Bank of India (SBI) chairman Rajnish Kumar on Friday said close to 20 per cent of the...

Anurag Thakur: It’s only a pause, more steps to come to...

NEW DELHI: The government has only taken a pause and more measures will be announced in the days to come to help sectors hit...

RBI measures to help revive economy: SBI chairman

SBI chairman Rajnish Kumar (File photo: ANI)MUMBAI: The steps announced by the Reserve Bank of India including reduction in repo rate and extension of...

Government expected to prioritise expenditure

NEW DELHI: The government is expected to prioritise expenditure on sectors such as healthcare, food and transporting migrants over areas such as...
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