Month: October 2018

India, Japan sign $75 billion currency swap agreement
Economy

India, Japan sign $75 billion currency swap agreement

Under the arrangement, India can acquire dollars from Japan in exchange for rupees while Japan can seek dollars from India…
SEBI proposes relaxed norms for startup listing; will allow more investor categories, ease shareholding norms
Startup

SEBI proposes relaxed norms for startup listing; will allow more investor categories, ease shareholding norms

To make the listing on bourses more attractive for startups, markets regulator Securities and Exchange Board of India (SEBI) Friday came…
Air quality in Delhi continues to be poor, authorities recommend measures
India

Air quality in Delhi continues to be poor, authorities recommend measures

On Saturday, five areas in Delhi recorded severe pollution levels. They are Anand Vihar, Dwarka Sector 8, Narela, Punjabi Bagh…
Indian Railways to offer discounts and partially scrap Flexi-fare system as a Diwali gift to passengers
India

Indian Railways to offer discounts and partially scrap Flexi-fare system as a Diwali gift to passengers

Railway Minister Piyush Goyal is all set to give a Diwali gift to travellers. The Flexi-fare scheme has previously felt criticism from…
Rupee falls in early trade amid weaker domestic market
Economy

Rupee falls in early trade amid weaker domestic market

The rupee has fallen over 15% since the beginning of this year on higher current account deficit, soaring crude oil…
India to become world’s third largest aviation market around 2024 surpassing United Kingdom: IATA
India

India to become world’s third largest aviation market around 2024 surpassing United Kingdom: IATA

India will become the world’s third largest aviation market around 2024 surpassing the UK, global airlines’ body IATA said on…
NBFC liquidity crisis rattles realty sector; may hit demand-supply and fund inflows to developers
Uncategorized

NBFC liquidity crisis rattles realty sector; may hit demand-supply and fund inflows to developers

The ongoing liquidity crisis in NBFCs has “rattled” realty sector as this could hit fund inflows to developers as well…
India may be among late adopters of 5G services as telcos focus on 4G, says Moody’s
India

India may be among late adopters of 5G services as telcos focus on 4G, says Moody’s

Moody’s said that it expects Japan, Korea and Australia to lead the APAC region in rolling out of 5G data…
In a new avatar, Cyrus Mistry turns investor to fund start-ups two years after ouster from Tata Sons
Economy

In a new avatar, Cyrus Mistry turns investor to fund start-ups two years after ouster from Tata Sons

Under his new venture Mistry Ventures LLP, which he started with his elder brother Shapoor, Cyrus Mistry will provide strategic…
Train 18, India’s first engine-less train to start trial run on October 29
Economy

Train 18, India’s first engine-less train to start trial run on October 29

The prototype of the train cost nearly Rs 100 crore to build as mentioned by ICF General Manager Sudhanshu Mani,…
Wipro Q2 net profit drops 14% to Rs 1,889 cr; revenue from operations grows 8.3% to Rs 14,541 cr
Companies

Wipro Q2 net profit drops 14% to Rs 1,889 cr; revenue from operations grows 8.3% to Rs 14,541 cr

IT services major Wipro on Wednesday posted a 13.8 percent decline in consolidated net profit at Rs 1,889 crore for…
Hyundai Santro makes comeback in India; two variants launched, introductory price starts from Rs 3.89 lakh
Companies

Hyundai Santro makes comeback in India; two variants launched, introductory price starts from Rs 3.89 lakh

New Delhi: South Korean auto major Hyundai on Tuesday launched its once popular hatchback, Santro, in a new avatar in India,…
SC refuses blanket ban on sale of firecrackers; allows burning of ‘green crackers’ from 8pm to 10pm
Economy

SC refuses blanket ban on sale of firecrackers; allows burning of ‘green crackers’ from 8pm to 10pm

The court, additionally, banned the online sale of firecrackers and banned e-commerce sites from selling them. The Supreme Court on…
Direct tax collection grows 15.7% to Rs 4.89 lakh crore, says CBDT
Economy

Direct tax collection grows 15.7% to Rs 4.89 lakh crore, says CBDT

As per the latest data, the number of taxpayers getting refunds is up by 62 per cent from 1.22 crore…
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