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.
MP HC sets up judicial commission to probe water contamination in Indore
'India, US moving closer to trade deal after very significant progress in talks'
UK PM Keir Starmer takes ‘China matters’ message on first Beijing visit
Belagavi: Married man jumps into Malaprabha river with lover
Speaker rules out discussion on Guv''s conduct amid K''taka Assembly standoff
10 arrested in inter-state drug racket; narcotics worth Rs 4 crore seized
Rupee hits all-time low for second time in a week
Ajit Pawar's death in plane crash an accident, don't bring politics: Sharad Pawar
Domestic help held for stealing cash, jewellery from US couple's house in B'luru
Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru
Rohit identifies Arshdeep, Hardik as key to India's chances in T20 World Cup
Building castle in the air: SC irked over non-compliance of orders by states in stray dog case
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.
