India: News

30 Nov 2016

Uttar Pradesh

Uttar Pradesh - India's leading mobile manufacturing state

A report released by the Department of Industrial Policy and Promotion placed Uttar Pradesh as India's topmost mobile manufacturing state.

30 Nov 2016

PVR Cinemas

SEBI directs PVR Cinemas' founder to explain its profit-sharing deals

Reports stated that SEBI has directed PVR Cinemas' owner to provide explanation on the company's agreement and profit-sharing deals with its investors that had not been disclosed to its shareholders.

29 Nov 2016

South Korea

Pakistan not to participate in Junior Hockey World Cup

Pakistan junior hockey team will not be participating in the upcoming men's hockey junior world cup as they missed their deadlines to apply for the visa.

29 Nov 2016

Prime Minister

Modi asks BJP members to submit bank details

PM Modi directed all BJP MPs and MLAs to submit details of their bank accounts so that suspicious transactions post November 8 can be tracked.

29 Nov 2016

India

Mandatory safety norms to come in from 2018

Centre has notified mandatory safety warnings that automobile manufacturers will now be required to include in all vehicles from April, 2018.

28 Nov 2016

Flipkart

Flipkart's internet arm sees losses double to touch Rs.2,306 crore

After scripting massive expenditures in an attempt to combat the rising rivalry from Amazon, Flipkart's internet division, Flipkart Marketplace saw its losses double to Rs.2,306 crore for the financial year that ended on 31 March, 2016.

Delhi overtakes Mumbai as India's economic hub

In a study published by Oxford Economics, India's capital city of Delhi overtook Mumbai as the nation's commercial and business centre.

28 Nov 2016

Bharat Bandh

Political parties cause disruptions across India

Demonetization and its implementation continues to be vehemently opposed by major opposition parties.

28 Nov 2016

Narendra Modi

RBI raises cash reserve ratio to 100%

India's central bank, the Reserve Bank of India, directed the country's banks to maintain a cash reserve ratio of 100% to help absorb the excess deposits being collected in banks.

26 Nov 2016

Narendra Modi

Travel and leisure stock hurt by demonetization?

The recent government move to demonetize high-value currency has left many travel stocks battling to maintain their robust growth.

25 Nov 2016

ICSE

Harry Potter comes to ICSE schools

English literature classes in ICSE schools are getting a very contemporary makeover.

25 Nov 2016

Anil Ambani

Zee snags Reliance Group's radio and television businesses

Anil Ambani-led Reliance Group is selling 49% of its stake in the company's radio business and a 100% stake in its TV business to Zee Group, reports said.

Govt. employee speaks: Bribes are acceptable in government jobs

An anonymous engineer, working in UP's public works department speaking on the illicit bribes taken during his tenure said that "a bribe is not a taboo in a government job".

23 Nov 2016

Mukesh Ambani

India's richest 1% control over half of nation's wealth

A Credit Suisse study showed that India's richest 1% currently exercise ownership over 53% of the country's overall wealth.

23 Nov 2016

Walmart

Indian family businesses: Only 15% have succession plans

Reports revealed that just about 15 percent of the country's family businesses have a robust plan for succession.

22 Nov 2016

Prime Minister

Monetary Policy Committee to rely on demonetization for rates?

After the sudden announcement of withdrawing nearly 85% of the economy's currency in circulation, industry experts predict that lesser cash availability might trigger a rate cut in the upcoming policy meet.

Can India capture the global production limelight?

With growing linkages to other economies for export-driven production, India is soon rising up the global production ladder.

Villages in rural India have come to a standstill

Rural India that majorly relies on cash transactions has to a great extent come to a standstill after the government's announcement of demonetization on November 8.

Panel looks into NRIs and tourists demonetization hassles

The Ministry of External Affairs (MEA) said an inter-ministerial committee has been formed to study concerns of tourists, NRIs and foreign missions with regards to demonetization.

Sluggish Indian Judiciary: Over 27 million court cases pending

Over 27 million backlog of court cases, mostly involving poor litigants, reportedly lies at India's District and Subordinate Courts.

18 Nov 2016

Business

Debt-straddled companies see salaries take a hit

Reports studied by market research firms have revealed that 'compensation increases' and growth have taken a backseat across firms that are heavily indebted.