India

RBI keeps repo rate unchanged at 5.15%, real GDP growth revised to 5%

The reverse repo rate is at 4.90 percent and bank rate at 5.40 percent.

Dec 5, 2019

IL&FS records over Rs 22,000 crore loss in FY19

The company posted total revenue of Rs 824 crore during the period under review, as against Rs 1,734 crore in the previous year.

Dec 5, 2019

Market today: Nifty, Sensex gain ahead of expected interest rate cut

Nifty has risen 7.7% and Sensex has gained 8.43% since the last rate cut in October, mainly due to measures such as reducing the corporate tax rate and expectations of more stimulus.

Dec 5, 2019

Madhya Pradesh accident: 9 killed, 23 injured in bus-truck collision in Rewa

The accident took place near Gudh road, located around 25 km from Rewa when the bus was on its way to Sidhi district.

Dec 5, 2019

Karnataka by-polls: Voting concludes for 15 Assembly constituencies

In the current 207-member Assembly, the Yediyurappa government has a majority with 106 MLAs, including an independent lawmaker.

Dec 5, 2019

Govt strives to revive construction sector, focusing on generating jobs

Over the last few years, an increasing number of multi-crore infrastructure and construction projects have gotten entangled in legal issues and court proceedings.

Dec 5, 2019

Govt cuts onion stockholding by 50% to check hoarding

According to the Union Ministry of Consumer Affairs, Food and Public Distribution order, onion wholesalers would no longer be able to stock more than 25 tonnes of onions.

Dec 5, 2019

More than 250 prisoners from J&K lodged in UP and Haryana jails

The Union Minister of State for Home Affairs, G Kishan Reddy was informing the Rajya Sabha in response to a written question asked by member M P Veerendra Kumar.

Dec 4, 2019

Does India need a third aircraft carrier amid China's breakneck naval expansion?

India has begun basin trial of its second aircraft carrier after firing up the engine at the Cochin Shipyard even as the navy pushes for a third one; China tightens 'String of Pearls' around the Indian Ocean Rim and begins building the fourth 'flat-top'

Dec 4, 2019