Moody's Investors Service on Friday said it estimates India's GDP growth to hit zero' in FY21 and pointed to a wide fiscal deficit, high government debt, weak social and physical infrastructure, and a fragile financial sector.
Facebook on Wednesday announced an investment of USD 5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio as the social media giant looks to expand presence in its largest market in terms of subscriber base.
US vetoes Palestinian bid to gain statehood at the United Nations
KL Rahul, De Kock fifties propel LSG to 8-wicket win over CSK
HC stays women commission’s notice against HDK over ‘women going astray remark’
3 dead amid heavy flooding caused by record rain in the UAE
PM Modi praises cricketer Mohammed Shami in election rally in UP's Amroha
Deputy CM DK Shivakumar claims BJP trying to impose Governor's rule in Karnataka
Zero voter turnout in 6 Nagaland districts amid shutdown call; CM says no problem with demand
Jadeja's fifty powers CSK to 176/6 against LSG
PM Modi to address public meetings tomorrow in Bengaluru and Chikkaballapura
India delivers first batch of BrahMos missiles to Philippines
Mother, child die after falling into water sump in Bengaluru
Turkish President Recep Tayyip Erdogan confirms meeting with Hamas leader Ismail Haniyeh
Microsoft on Friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy.
New Delhi: ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19, whereas BSNL, Air India and MTNL incurred highest losses for a third consecutive year, according to a survey tabled in Parliament on Monday.
Mumbai: Employees' union of LIC has strongly opposed the government's plan to sell a part of its holding in the country's largest financial institution through a public issue.
New Delhi: The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 per cent from 6.8 per cent estimated earlier, mainly due to deceleration in mining, manufacturing and farm sectors.
Davos: The International Monetary Fund (IMF) on Monday slightly revised downwards the growth outlook for the global economy and flagged fundamental issues of reform in trade systems.
New Delhi: Amazon chief Jeff Bezos on Wednesday said the e-commerce major will invest USD 1 billion (over Rs 7,000 crore) in digitising small and medium businesses in India.
Washington: India's growth rate is projected to decelerate to five per cent in 2019-20 amid enduring financial sector issues, according to a World Bank report, which said the country's GDP was likely to recover to 5.8 per cent in the following financial year.
New Delhi: Gold prices in the national capital hit an all-time high level on Monday and zoomed Rs 720 to Rs 41,730 per 10 gram following a pick-up in safe-haven demand for the metal amid weak equities and bullish global trends, according to HDFC Securities.