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Economy

PSU asset monetisation likely to get fillip in Budget FY22

New Delhi, Dec 23 (IANS) The pandemic has created severe pressure on the government's coffers, thereby making asset monetisation and disinvestment the Centre's priorities...

Rs 255 cr assets of companies fraudulently availing agri loans attached

New Delhi, Dec 23 (IANS) The Enforcement Directorate has attached properties worth Rs 255 crore in a case connected to fraudulent availing of agricultural...

Decoding recovery path of the Indian economy

Dr. Niranjan Hiranandani No one ever thought of the scale and magnitude of disruption that was caused by the Covid-19 pandemic. In the aftermath, the...

Wipro to takeover IT operations of German firm in $700m deal

Bengaluru, Dec 22 (IANS) Global software major Wipro on Tuesday announced that its is taking over the IT operations of German food services firm...

Sensex crashes by 1,350 points as European markets open weaker

Mumbai (Maharashtra) , December 21 (ANI): Equity benchmark indices witnessed a sharp downturn in the afternoon hours on Monday after European markets opened weak...

‘Biscuit King’ Rajan Pillai’s brother to support 25 new start-ups

Thiruvananthapuram, Dec 19 (IANS) Rajmohan Pillai, brother of late 'Biscuit King' Rajan Pillai, on Saturday announced that his business group will support 25 new...

Govt preparing a budget ‘as never before’: Sitharaman

New Delhi, Dec 18 (IANS) Finance Minister Nirmala Sitharaman on Friday said that the government is seeking growth-inducing big ideas and inputs derived from...

US asks India to limit forex intervention

By Sanjeev Sharma New Delhi, Dec 17 (IANS) The US has asked India to allow the exchange rate to move to reflect economic fundamentals and...

NAA finds McDonald’s franchisee Hardcastle guilty of profiteering

New Delhi, Dec 13 (IANS) The National Anti-Profiteering Authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald's, guilty of not...

Buzz about 3 leading corporate houses in the fray for Air India as deadline...

New Delhi, Dec 13 (IANS) As the deadline for bidding for Air India ends on Monday, reports have suggested that leading corporate houses Tata,...