Petrol price surges to 55-month high, diesel at all-time high

State-owned oil firms in a notification on Sunday said that petrol and diesel rates have been hiked by 19 paise per litre each in Delhi due to rising international oil prices, renewing calls for the government to cut excise tax rates on the fuels.

Amazon to double down on groceries in India

In India, Amazon currently offers some groceries via a service named Pantry. It has also tied up with local vendors in four cities for Amazon Now, which promises two-hour deliveries.

President promulgates Fugitive Economic Offenders Ordinance

President Ram Nath Kovind last night promulgated Fugitive Economic Offenders Ordinance that will allow the government to confiscate properties and assets of loan defaulters who flee the country.

India's pace of growth to accelerate in 2018-19, says RBI governor Urjit Patel

Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal.

Sebi may seek forensic probe of ICICI Bank books, disclosures

Markets watchdog Sebi is mulling getting a forensic examination done on financial statements and disclosures made by ICICI Bank in last few years amid a controversy over alleged conflict of interest involving the lender's CEO Chanda Kochhar and her husband.

Mon Apr 23 09:22:04 IST 2018

From The Magazine

No Confidence

The economy might be showing signs of improvement, but consumer confidence in the metros has actually dipped, according to a RBI survey released recently.