On June 5, both ICRA and CRISIL downgraded the commercial paper of DHFL to [ICRA] D and CRISIL D, respectively, on account of delay in servicing the scheduled debt obligation worth Rs 950 crore, on June 04, 2019
Policy watchers think that the US has kept its powder dry. If India does not step back now, more retaliation could follow. In fact, it could end up damaging its most successful exports story - IT and ITeS
The fact that Modi wanted Santosh Gangwar to continue in the labour and employment ministry only proves the importance the government attaches to his 'reform agenda'.
Aggressive fleet induction plans of large airlines are likely to push aviation sector into dark ages
The pharma industry is today growing at around 11 per cent per annum as compared to a high of around 15 per cent about five years ago.
India, over the decades, has under-invested in healthcare, education, and skills development. All of this will come to bite the new government as it braces up to the challenge of finding millions of jobs every year.
Contrary to what most market participants had anticipated, the Sensex returned just 51% under PM Narendra Modi's term as compared to UPA-II's 78 per cent and UPA-I's 180 per cent under the then PM Manmohan Singh
The pet scheme of PM Narendra Modi aims to provide a benefit cover of Rs 500,000 per family per year for tertiary and secondary treatment to 10.74 crore poor, rural families
The Indian government's thrust to ensure that companies maintain data locally will certainly increase the cost of doing business and compliance obligations for multinationals
A study conducted by the National Sample Survey Office has found that 36 per cent of companies that are part of the MCA-21 database were shell companies which cannot be traced, and thus hinting at a possible overestimation of the GDP.