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Business

India's GDP growth slips to six year low 4.5 pc in July-Sept

New Delhi: India's economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September, according to official data released on Friday.

 


Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off

London: Tata Steel Europe said it had begun consultations with the European Works Council (EWC) on Wednesday on restructuring plans for its business, which would include up to 3,000 job losses 1,000 of which will be in the UK.

 


LATEST HEADLINES

Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC


Adults can be in live-in relationship even without attaining marriageable age: Rajasthan HC


Three militants arrested in Manipur for threatening Sangai festival participants


Karnataka's Bill against Hate Speeches conspiracy against Hindutva activists: Pramod Muthalik


Farmers in Chincholi demand better MSP, accuse sugar factory owners of not fulfilling assurance


Rajasthan High Court receives bomb threat; police swing into action


Annadaneshwara Swami of Neela Manika Mutt passes away at 75




Sensex, Nifty hit record peaks in opening session

Mumbai: Market benchmark BSE Sensex jumped over 200 points in early trade on Tuesday to hit its record high of 41,108, and NSE Nifty surged to its lifetime peak of 12,126 amid sustained foreign fund inflow and positive global cues.

 

India becoming $5 trillion economy by 2025 ‘simply out of question’: Ex-RBI Governor C Rangarajan

New Delhi: Claiming that India will need another 22 years of sustained growth to become a “developed country,” former Reserve Bank of India (RBI) governor C Rangarajan said on Thursday that at the current growth rate, India becoming a USD 5 trillion economy by 2025 is “simply out of question.”

 
Tata Steel confirms job cuts of up to 3,000 across European operations

London: Tata Steel has confirmed cuts of up to 3,000 jobs across its European operations as part of a wider restructuring and cost-cutting strategy to counter stagnant steel demand in Europe and global overcapacity.

 

IT companies may shed 30,000-40,000 mid-level staff: TV Mohandas Pai

Bengaluru: India's information technology services companies may shed 30,000 to 40,000 middle-level employees this year as growth slows down, IT industry veteran T V Mohandas Pai said Monday.

 

Mobile call, data to cost more from December as Vodafone Idea, Airtel hike rates

New Delhi: Telecom operator Bharti Airtel on Monday said it will start raising rates for services in December to make business viable.

 

Anil Ambani resigns as Reliance Communications director

New Delhi: Anil Ambani has resigned from his position as director of Reliance Communications, along with four others, even as the bankrupt carriers nears the sale of its assets under the process of insolvency.

 

AGR hit: Vodafone Idea Q2 loss at Rs 50,921 crore

New Delhi: Hit hard by the unpaid statutory dues, telecom operator Vodafone Idea on Thursday posted a colossal Rs 50,921 crore loss for the second quarter ended September 30, and said it is in the process of filing a review petition on the adjusted gross revenue matter.

 

Infosys shares plunge nearly 17%; m-cap drops by Rs 53,451 crore on whistleblower complaint

New Delhi: Shares of IT services firm Infosys on Tuesday plummeted nearly 17 per cent, wiping Rs 53,451 crore from its market valuation, on concerns over a whistleblower complaint which alleged that two top executives of the company were indulging in unethical practices to increase short-term revenue and profits.

 

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