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Blast Box Office Collection Day 9: Arjun Sarja Starrer Sees A Slight Dip, India Net Crosses Rs 27.69 Crore Mark

India, June 6 -- Arjun Sarja's action-packed family entertainer Blast is still doing pretty steady things at the box office. By its ninth day in theatres, the film saw a small drop in collections, and... Read More


Another solid growth year as GDP hits 7.8%

India, June 6 -- Despite witnessing the ongoing global uncertainty, geopolitical tensions and elevated energy prices, the Indian economy grew at a better-than-expected 7.8 per cent in the fourth quart... Read More


RBI holds repo rate at 5.25%, unveils steps to support rupee

India, June 6 -- India had entered the latest episode of global turbulence with stronger macroeconomic fundamentals than in previous crises, but warned that escalating geopolitical tensions, elevated ... Read More


India eases tax rules for foreign investors

India, June 6 -- The Modi Government on Friday exempted foreign investors from income tax on interest earnings and capital gains from Government securities as it looked to attract foreign capital to c... Read More


Weak monsoon may impact rural demand: RBI Governor

India, June 6 -- The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said a projected deficiency in the south-west monsoon could impact rural demand and private consumption, though miti... Read More


Paying beyond disclosed rates to attract deposits not acceptable: Governor

India, June 6 -- Reserve Bank Governor Sanjay Malhotra on Friday said payment of a higher interest rate than the one already disclosed is "not acceptable" to the central Bank. He, however, declined t... Read More


'Polymer currency notes proposal under consideration'

India, June 6 -- RBI Governor Sanjay Malhotra on Friday said a proposal to introduce polymer currency notes is under consideration of the central bank, and the idea is currently at a preliminary stage... Read More


'Stable home loan interest rate to sustain housing demand'

India, June 6 -- Real estate industry bodies CREDAI and NAREDCO on Friday hailed the RBI's decision to keep repo rate unchanged despite inflationary concerns, saying a stable interest rate regime woul... Read More


Rupee rises 81 paise to close at 94.93 against US dollar

India, June 6 -- The rupee appreciated 81 paise to close at 94.93 (provisional) against the US dollar on Friday after the Reserve Bank announced measures to support foreign capital inflows and strengt... Read More


What Cambridge kept asking: The crisis has a centre

India, June 6 -- On May 30, I spoke at the Cambridge Union as part of the Cambridge India Business Dialogue, in conversation with Professor Jaideep Prabhu of the Judge Business School. I had been told... Read More