The retail industry, which has been hit by the Covid pandemic and state-level lockdowns, has asked the Ministry of Finance and the Reserve Bank of India for liquidity support, a moratorium, interest subvention, and working capital to remain...

On Thursday itself Low-fare airline GoAir rebranded GoFirst, as the Wadia group-controlled airline prepares to approach the market for a public share sale. The rebranding comes at a time when the second wave of Covid-19 has led to a drastic...

Bitcoin slid to a 2-1/2-month low on Thursday after the regulatory probe into crypto exchange Binance added to pressure from Tesla Inc chief Elon Musk’s reversing his stance on accepting the digital currency. Bloomberg reported on Thursday...

The Unique Identification Authority of India (UIDAI) has reiterated that charges for the Aadhaar card enrolment and updations are fixed and listed three options for Aadhaar cardholders if they are asked to pay extra. The three options suggested...

India obtained over USD83 billion in remittance which is a drop of just 0.2 per cent from the preceding year even in case of devastating the world economy  due to the pandemic, as per the World Bank report. China received USD...

India added 12.1-gigawatt (GW) power generation capacity in 2020-21, of which 7.7 GW was from renewable energy sources, according to a report. India's total power generation also increased by 1.3 per cent in FY21 despite pandemic restrictions,...

On Monday, the Reserve Bank of India (RBI) has amended its master direction on know-your-customer (KYC) norms to further leverage the video-based customer identification process (V-CIP) and simplified the process of periodic updation of KYC for...

India’s fast moving consumer goods (FMCG) segment reported 9.4% year-on-year growth in the March quarter aided by price increases by large companies across edible oils, packaged foods and tea, and demand for packaged foods such as biscuits,...

Passenger vehicle (PV) and two-wheeler sales fell in double digits in the month of April as a sharp rise in Covid-19 cases and lockdowns in several states hit production and delivery of vehicles to dealerships. Sales of cars, SUVs and minivans...

The United Nations predicted that India's economy would rise at 10.1 percent in 2022, making it the world's fastest growing major economy, but warned that the growth outlook for 2021 was 'highly fragile' because the country...