Business
Sensex Jumps Over 300 Points After Appointment of Shaktikanta Das as New RBI Governor
The 30-share index was trading higher by 324.94 points, or 0.92 per cent, at 35,474.95. All the sectoral indices, led by banking, auto, and consumer durables stocks were trading in the positive zone.
Sensex Recovers 190 pts, Nifty Above 10,500 Despite Pre-poll Jitters, Patel's Exit
The Sensex had plunged 714 points on Monday in its worst session in two months on pre-poll jitters.
AAI Employees to Go on Hunger Strike Against Proposed Privatisation of 6 Airports
The Airports Authority Employees Union (AAEU) has also warned that staff would go on mass casual leave from December 28.
Air India Plans Flight Services to Iraq's Najaf From Lucknow
Najaf is considered sacred by Shia Muslims. Notably, Lucknow has a sizable Shia population. The airline is discussing modalities of the proposed flight and a final decision is expected to be taken on Monday.
In a First, Online Travel Aggregators to be Accreditated, Classified by Govt
The ministry has prepared a set of guidelines by which it will approve and classify online travel aggregators (OTAs) ensuring reliability of their services.
RBI Kept Growth Forecast for 2019 Unchanged and This Should be Music to Govt's Ears
But despite the bonhomie with the RBI on growth forecast, the government may remain watchful of the risks.
To Make Most of US-China Trade War, India Has to Move Smart
According to a study by the European Network for Economic and Fiscal Policy Research, 20.5 per cent of the cost of the tariffs the US has imposed on $250 billion worth of Chinese goods will be borne by Chinese producers. US consumers, meanwhile, will only...
Sensex Falls Over 200 Points, Nifty Slips Below 10,800 on Global Selloff
Global investor sentiment turned weak after uncertainty over negotiations between the US and China countries during the next 90 days rose.
AAI Employees Stage Protest as Government Decides to Privatise 6 Airports,
Last month, the government cleared a proposal to manage six AAI airports under public private partnership. They are Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru.
Lion Air Considers Cancelling Purchase of Boeing Jets After Row Over Crash: Report
Co-founder Rusdi Kirana is furious over what he regards as attempts by Boeing to deflect attention from recent design changes and blame Lion Air for the crash, while the airline faces scrutiny over its maintenance record and pilots' actions.
Moody's Expects Real GDP to Grow 7.2%, Outlook on Indian Banks Stable
The banks have recognised the bulk of legacy problem loans and will start making recoveries from large non-performing loans that have been resolved.
Debt-ridden Jet Airways Cancels 14 Flights as Pilots Report 'Sick' Over Non-payment of Salaries: Sources
The loss-making private carrier has been defaulting on salary disbursement to its senior management along with pilots and engineer since August due to severe cash crunch.
RBI Likely to Keep Interest Rate Unchanged on December 5
After back-to-back hikes since June, the RBI had kept interest rates unchanged in the previous policy review in October, surprising markets that had expected a rate hike.
Unions Threaten Nationwide Strike on December 26 to Protest Merger of Banks
All unions under UFBU will participate in this strike call to protest the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank.
More Than 500 Million Marriott Guests’ Information Was Hacked. Company Missed it For 4 Years
Shares were down 5.7 percent in late afternoon trade on news of the hack, one of the largest in history, which prompted regulators in Britain and at least five U.S. states to launch investigations.
Pakistan Rupee Suffers Massive Hit, at All-time Low of Rs 144 Against US Dollar
It opened at a high of 142 rupees in the morning and the local currency further devalued by 2 rupees to 144 rupees. It was the second devaluation since the current government came to power in August.