Business Today

IMF lowers India's 2019 growth forecast to 4.8% from 6.1%

In its World Economic Outlook update released on Monday, IMF expected growth to pick up over the course of next two years with the help of monetary and fiscal stimulus as well as subdued oil prices

Unemployment rate rises to 7.5% during Sept-Dec; high among educated youth: CMIE

The report highlighted that the unemployment rate in the urban youth, especially educated one, was very high

SC allows Centre to takeover Unitech management; grants two months to prepare resolution plan

The Supreme Court bench, led by Justice DY Chandrachud, also granted two-month moratorium to the new board of Unitech from any legal proceedings against the company's management

Tata Motors is confident EVs will sell; here's why

Tata Motors believes the stricter BS VI emission norms that come into effect from April 1 will act as an additional enabler towards EVs

Relief for Unitech homebuyers! New Board may access distress fund to finish projects

The government will appoint 10 directors on the company's board - they would be responsible for completing pending projects. This comes as encouraging news to a reported 12,000 homebuyers taken for a ride by the company's earlier management

economic slowdown