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PTI
August 18, 2018
The highest ever growth rate since Independence was recorded at 10.2 per cent in 1988-89 when Rajiv Gandhi was Prime Minister.


BusinessToday.In
August 16, 2018
As the nation mourns Vajpayee's loss, let's looks at the reasons why the country should be thankful to the poet prime minister.


Goutam Das
August 16, 2018
The IT industry was tottering at around $6 billion in 1999-2000. It is more than a $150 billion industry now.


BusinessToday.In
August 16, 2018
The 93-year old political icon was suffering from kidney tract infection, urinary tract infection and even respiratory problems.


BusinessToday.In
August 16, 2018
The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.


BusinessToday.In
August 16, 2018
Atal Bihari Vajpayee, the former prime minister who was undergoing treatment at the All India Institutes of Medical Sciences, breathed his last at 5:05 pm today.


Joe C Mathew
August 16, 2018
One and a half decade after Vajpayee demitted office, he is today remembered as a leader who took forward India's telecom revolution, laid the foundation for massive infrastructure projects - road, rail and air, in a size and scale that matched the Nehruvian-era.


BusinessToday.In
August 16, 2018
The currency fell 42 paise to hit a fresh all time low of 70.32 intra day. Earlier, it opened 35 paise lower to 70.25 level compared to the US dollar.


BusinessToday.In
August 15, 2018
Prime Minister Modi said that the country has made rapid changes in the past few years compared to 2013 when the Congress-led UPA government was in power. The Prime Minister said that the country was on a new path of progress.


BusinessToday.In
August 14, 2018
Given the record low of 70.08 per dollar that the rupee slipped to today, it's hard to imagine a time when it could hold its own against the US dollar.


BusinessToday.In
New Delhi, August 13, 2018
The first Gulf War (1990), which sent crude oil prices surging again, the downgrade by global credit rating agencies and the disintegration of the Soviet Union all brought on a massive balance of payment crisis in India.


Mudit Kapoor
New Delhi, August 9, 2018
The gap between total investments into FDs in comparison with other investment alternatives such as equities is sharply declining. So, should one move their deposit money into mutual funds to earn higher returns?


BusinessToday.In
New Delhi, August 9, 2018
IMF sees Indian economy as an elephant that is starting to run; SBI launches a unified payment terminal MOPAD; Swedish furniture maker IKEA opens its first store in India; and Google CEO Sundar Pichai questioned by US senators over reported Chinese search engine. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, August 9, 2018
IMF sees Indian economy as an elephant that is starting to runThe International Monetary Fund (IMF) believes the $2.6 trillion economy is an elephant that is starting to run.What's more, its latest report on India not only reaffirms that the country is \"again one of the world's fastest-growing economies\" - accounting for about 15 percent of global growth - but also that India it could be what China previously was for the world economy.The report's favourable medium-term outlook reflects continued robustness in private consumption and a recovery in investment, which is supplemented by progress in bank balance-sheet repair and improved credit growth. WhatsApp officially rolls out forward message feature; restricts limit to 5 usersInstant messaging app WhatsApp has finally rolled out the limited 'forward message' option for India, which restricts a forward message to just five users, the company said on Wednesday. The Facebook-owned company has been under fire ever since several incidents of lynching, linked to rumours spreading through WhatsApp, were reported from different parts of India. \"The limit has started to appear this week for people in India who are on the current version of WhatsApp,\" the company said in a statement on Wednesday. Ikea opens its first store in Hyderabad todaySwedish retail giant Ikea has put all its might behind the company's first store in India opening in Hyderabad. The company put in around 12 years of work and took 6 years after their announcement to open their first Indian outlet. It is finally opening today. Flipkart-Walmart deal: CCI nod to US retail giant's Flipkart acquisition for $16 billionThe Competition Commission of India (CCI) cleared the acquisition of India e-commerce major Flipkart by the United States-based retail behemoth Walmart. The approval from the competition watchdog clears the path for the biggest FDI deal in the history of Indian corporate sector. Back in May, Walmart had announced acquisition of 77 per cent stake in Flipkart in lieu of $16 billion. Once the deal is complete, the 11-year old Indian e-commerce firm will be valued at $20.8 billion.SBI launches a unified payment terminal MOPAD State Bank of India, the largest lender with a fifth of the market share, launched a payments machine that would help merchants eliminate the multiple choices that they keep to facilitate transactions from cards to QR code based payments. The new device titled MOPAD, or Multi Option Payment Acceptance Device, is a Point of Sale (PoS) terminal that would along with cards accept payments through UPI, Bharat QR, and SBI Buddy wallet which till now required different tools to receive payments as reported by the Economic Times.Flipkart co-founder Sachin Bansal has this suggestion on ownership for Indian startupsFlipkart co-founder Sachin Bansal has a suggestion on ownership for Indian startups. One of the country's newest billionaires courtesy his recent exit from the company post its $16 billion deal with Walmart, Bansal told The Economic Times that differential voting rights will be helpful for the Indian startup ecosystem, especially for entrepreneurs. Bansal's decision to sell his entire stake to Walmart was reportedly the result of differences with the investors.  Google CEO Sundar Pichai questioned by US senators over reported Chinese search engineGoogle CEO Sundar Pichai is being questioned by six US senators on reports about the company's plan to release censored search engine in China as reported by the Indian Express. Reports that came out last week stated that Google is planning a censored search engine project for China via The Information. Following these reports, six US senators including Florida Republican Marco Rubio have written to Pichai. Google has neither confirmed nor denied these reports.


BusinessToday.In
August 8, 2018
The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.


Anand Adhikari
New Delhi, August 7, 2018
After a four-year easing cycle, interest rates are now gradually increasing.


BusinessToday.In
August 7, 2018
During the Budget presentation in February, then Finance Minister Arun Jaitley had projected the fiscal deficit target at 3.3 per cent of GDP for the financial year 2018-19.


BusinessToday.in
New Delhi, August 6, 2018
Bank credit has grown by 12.44 per cent to Rs 86.13 lakh crore, services sector saw a growth of 23 per cent against just 4.7 per cent in the previous month; the draft Personal Data Protection Bill has left the crucial issue of data localisation rather open-ended; and it was revealed in the parliament that central and state governments were unable to fill 24 lakh vacancies including in the railways, and army. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, August 5, 2018
Cleansing the Indian economy of black money was one of the biggest promises PM Narendra Modi made before coming to power in 2014. Now that the Modi government has completed four years at the Centre, BusinessToday.In Editor Rajeev Dubey assesses the initiatives it took to curb the menace of black money.


Sahil Joshi and Vidya
New Delhi, August 3, 2018
Antigua says it had sought updates on the probes against Choksi and received confirmation from Sebi that in one case, the matter had been closed, and indicating in the other that there is not sufficient evidence.


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