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10 December, 2018 8:14 AM Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist

The Indian government must heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld has said, amidst reports of friction between the central bank and the finance ministry over several issues, including how much capital the apex bank needs. Addressing a group of journalists here on Sunday, he also said the International Monetary 34

7 December, 2018 5:14 AM Cabinet approves agriculture export policy, aims to double exports to $60 bn by 2022

Agricultural exports are currently estimated at USD 30 billion. New Delhi: The Union Cabinet has approved the Agriculture Export Policy, 2018 aiming to double agricultural exports to USD 60 billion by 2022. The government underlined that one of the prime objective of the Agriculture Export Policy is to double agricultural exports from present USD 30 billion 94

7 December, 2018 3:56 AM Centre approves key policy to double farm exports to $60 billion by 2022

NEW DELHI: The Indian government on Thursday approved a policy to boost exports of farm commodities such as tea, coffee, fruits and vegetables, Trade Minister Suresh Prabhu said. The policy, approved at a meeting of Prime Minister Narendra Modi`s cabinet, is aimed at helping India step up exports of an array of farm goods but also seeks to avoid ad hoc, knee-jerk 46

5 December, 2018 7:43 AM BT to Remove Huawei Equipment From Its Core 4G Network: Report

Britain's BT Group will remove Huawei Technologies Co's equipment from its core 4G network within two years, the Financial Times reported on Wednesday. The move by BT will bring its mobile phone business in line with an internal policy to keep the Chinese company's equipment at the edge of telecoms infrastructure, the paper said. BT has also excluded 53

5 December, 2018 7:11 AM D-Street Buzz: Nifty Metal down 2% with JSPL at new 52-week low; Tech Mahindra gains 2%, midcaps drag

78 stocks have hit new 52-week low including names like ABG Shipyard, JSPL, Dish TV, Deepak Fertilizers, IL&FS Transportation, Punj Lloyd, Sun Pharma Advanced and UFO Moviez among others. Ahead of the RBI policy outcome, the Indian stock market continues to trade in the red with the Nifty50 is down 64 points, trading at 10,805 while the Sensex 49

5 December, 2018 3:55 AM Sensex Below 36,000, Nifty Breaks 10,800 Ahead Of RBI Policy Outcome

The domestic stock markets started on a negative note on Wednesday, ahead of the outcome of the Reserve Bank of India's fifth bi-monthly policy review. The S&P BSE Sensex opened at 36,035.65, and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,820.45. At 9:17 am, the Sensex was at 35,949.25, down 185.06 points or 0.51 per cent and the Nifty 76

4 December, 2018 2:22 PM What to expect from RBI MPC meet

The MPCs commentary on the interest rate, outlook on the policy stance and liquidity will be keenly watched by the market, as the committee is expected to maintain status quo on interest rates. RBI's Monetary Policy Committee is scheduled to announce the fifth bi-monthly monetary policy statement for 2018-19 on December 5. Experts expect a status quo on interest 48

4 December, 2018 2:07 PM India To Extend Validity Of Business Visas For Up To 15 Years

Along with the extension, the government will also allow for the conversion of a regular visa into medical category in case of an emergency. India has decided to allow extension of business visa for up to 15 years and conversion of a regular visa into medical category in case of an emergency. "Relaxation has been introduced in grant of internship visa which 80

4 December, 2018 11:48 AM Government, e-tailers give finishing touches to draft e-commerce policy

Department of Industrial Policy and Promotion is giving final touches to draft e-commerce policy, which is expected to be released soon. The government is working towards a strategy to promote domestic manufacturers, as US retail giant Walmart takes control of homegrown e-commerce firm Flipkart, to become the country's largest e-commerce operator in India 50

4 December, 2018 4:28 AM PETA accuses Priyanka, Nick of 'animal cruelty' for using an elephant, a horse at the wedding

MUMBAI: After a section of social media users cracked down on the use of firecrackers at the wedding celebrations of Bollywood star Priyanka Chopra and American singer Nick Jonas in Jodhpur, animal rights organization PETA has raised a concern about the use of a horse and elephant at their nuptials. "Dear Priyanka Chopra and Nick Jonas. Elephants for weddings 57