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FM Sitharaman pitches special plan for firms fleeing China

Is India the new China? Sitharaman eyes blueprint for firms fleeing trade war

Finance Minister Sitharaman says a 'blueprint' to attract investment deserting China over trade tensions with the US will have importance beyond the current crisis.

11 hours ago

India to beat US in global economic growth share by 2024; China to remain at top

India will be among 20 nations dominating global growth in 2024 in nominal terms, IMF data show.

14 hours ago

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer.

15 hours ago

IMF praises India's corporate tax cut; calls it positive impact on economy

The funding body went on to say that while this has a positive impact, India should also consider the fiscal consolidation, address it and secure long-term stability of the fiscal conditions.

1 day ago

Can India tide over economic crisis that may be worse than the 2008 recession?

Goldman Sachs believes the liquidity issue that NBFCs fuelled is only part of the story as the consumption fall is responsible for a third of the overall slump that began snowballing from January 2018.

2 days ago

How will the Brexit deal affect large Indian corporate investors in the UK?

Tata Group is happy that the Brexit deal removes some uncertainty while many others are yet to decide and remain tight-lipped as they assess the situation

2 days ago

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day.

2 days ago

DHFL reports $29 million loss in June quarter; company under financial stress

One of India's biggest housing finance companies, DHFL posted a net loss of 2.06 billion rupees during the quarter compared with a profit of 4.35 billion rupees.

2 days ago

Air India Airbus A320 passenger aircraft.

Air India divestment: Permission to retrench staff may clinch deal in second bid

The Modi government may get second time lucky with the offer made sweeter with 100% stake sale and permission to retrench staff under voluntary retirement scheme norms

3 days ago

Social media scare prompts HDFC Bank to clarify on deposit insurance programme

Photograph of a passbook page affirming that deposits are insured for up to Rs 1 lakh as per a 2017 RBI circular circulated on social media causing panic amid continuing stress in India's banking sector.

3 days ago

Market today: Sensex rises over 100 points, Nifty nears 11,480

The broader NSE Nifty traded 6 points higher at 11,470.05, while the benchmark BSE Sensex opened at 38,647.44, higher from its previous close of 38,598.99.

3 days ago

saudi aramco, aramco ipo, aramco public issue

Saudi Aramco expected to give green light to its blockbuster IPO soon

The share offer is the centrepiece of the Kingdom's Vision 2030 strategy that aims at revamping its economy through diversification under the leadership of Crown Prince Mohammed bin Salman.

4 days ago

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Finance Minister Sitharaman says India cannot sacrifice 'economic strength' and strategic interests to comply with US sanctions.

4 days ago

India's Nayara supplying fuel to Rosneft in exchange for Venezuelan oil: Report

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units.

4 days ago

Friendship with Gardi could prove most damaging of all Naresh Goyal's dealings

Dubai-based Gardi is being probed along with Goyals for various alleged violations; ED is looking into likely offences under foreign exchange regulations by Gardi.

5 days ago

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