SEBI approves BSE, NSE for electronic book mechanism launch
The capital market regulator on Tuesday approved stock market majors -- BSE and the National Stock Exchange of India (NSE) -- for launch of electronic book mechanism...
Business
Hybrid-till airport tariffs will increase passenger charges: IATA
A global airlines' association on Tuesday raised concerns over a provision in the recently approved national civil aviation policy (NCAP) to ascertain airport tariffs....
Mallya quits Bayer's Indian arm as chairman
Beleaguered tycoon Vijaya Mallya resigned as chairman of Bayer CropScience Ltd, the Indian subsidiary of the German pharma major Bayer AG, the company ...
Rules for premature withdrawal of PPF announced
The Finance Ministry has announced new rules allowing for premature withdrawal of the Public Provident Fund (PPF) account deposit for reasons such as higher ...
Adequate stocks lead to drop in pulses' wholesale prices: Officials
Quick government measures including actions against hoarders and increasing of stocks have led to "increased availability of the commodity" in the market on Tuesday resulting in modest fall in wholesale prices of arhar and a few other pulses, officials said on Tuesday....
We respect Raghuram Rajan's decision to leave: Sitharaman
The government appreciates the work done by Reserve Bank of India (RBI) Governor Raghuram Rajan and respects his decision to return to work in academics at the end of his term in September, Commerce Minister Nirmala Sitharaman said on Monday....
Economic reforms, value buying lift key equity indices
The equity markets opened on a downside prompted by news of Reserve Bank of India (RBI) Governor Raghuram Rajan formally declining a second term. However, they pared their early losses to close the day's trade in the green....
Scientists make world's first 1,000-processor microchip
This energy-efficient microchip, designed by a team at the University of California, Davis, Department of Electrical and Computer Engineering, is named as the "KiloCore" chip and has a maximum computation rate of 1.78 trillion instructions per second and contains 621 million transistors. ...
Infosys 2020 goals: $20b revenue, $80,000 revenue per employee
Indian IT major Infosys has set a goalpost of $20 billion in revenue with and operating margin of 30 per cent to be achieved by 2020, said Chairman R. Seshasayee on Saturday....
Raghuram Rajan's no to 2nd RBI term, says academia beckons him
Ending months of suspense, Reserve Bank of India (RBI) Governor Raghuram Govind Rajan formally told his colleagues on Saturday that he is not keen on a second term at the helm of the country's ...