Economy

MUMBAI: The economic offences wing (EOW) of Mumbai Police on Wednesday called Surjit Singh Arora, one of the former directors of the scam-hit Punjab & Maharashtra Co-operative (PMC) Bank, for...

NEW DELHI: Chief economic advisor (CEA) K V Subramanian on Wednesday called upon the industry to start making investments, stressing that the fundamentals of the economy are "very very strong".On...

WASHINGTON: The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of US sanctions, two senior administration officials said."We've...

NEW YORK: Finance minister Nirmala Sitharaman has said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan Singh and Reserve Bank...

WASHINGTON: It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, chief economist of the International Monetary Fund (IMF) Gita Gopinath has...

NEW YORK: India wants to comply with global sanctions, including US sanctions on Venezuela and Russia, but also needs to maintain its own strength and strategic interests, finance minister Nirmala...

NEW DELHI: Reliance Jio has petitioned the government to reduce the taxation on the Indian telecom industry ahead of spectrum auctions, and said that overall levies need to be brought...

HYDERABAD: Infrastructure major GVK Group's is under the government scanner with the ministry of corporate affairs (MCA) ordering inspection of Mumbai International Airport Ltd's (MIAL) books of accounts.Dismissing reports of...

NEW DELHI: India on Tuesday leveraged its position as the world's third-largest oil consumer to seek better commercial terms from OPEC, the cartel of 14 oil exporting countries that accounts...

NEW DELHI: Reliance Jio, the country's biggest telecom operator, has petitioned the government to reduce the taxation on the Indian telecom industry ahead of spectrum auctions, and said that overall...