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Volkswagen to recall 3.23 lakh vehicles in India

The Automotive Research Association of India (ARAI) found that diesel cars manufactured in India by Volkswagen having E189 engine were fitted with the "defeat device", which may lead to excess nitrogen oxide emission levels in on-road vehicles.

Govt floats idea of country's first gold exchange

"This is just an idea... can we think of a gold exchange where there can be transparent trading. A platform where those who have surplus gold can sell it to those in requirement," Shaktikanta Das, Secretary Department of Economic Affairs Ministry of Finance said.

AXA raises stake in Indian insurance JVs to 49%

The government earlier this year allowed foreign ownership in the $50 billion Indian insurance sector to up to 49 per cent from a maximum permissible 26 per cent stake, a move that is aimed at giving a boost to the capital-starved sector.

Sensex ends in green, Nifty at 7,954 post RBI policy; Vedanta top gainer

RBI Governor Rajan's comment that the central bank was still accommodative eased market worries and suggested the policy was less hawkish than feared.

Monetary policy: Five takeaways from Rajan's review

As widely expected, RBI Governor Raghuram Rajan today kept the interest rates unchanged in the fifth monetary policy review.

Wed Dec 02 05:02:04 IST 2015
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