June 13, 2018
US Fed raises policy rate by 25 bps; signals two more hikes seen in 2018

US Fed raises policy rate by 25 bps; signals two more hikes seen in 2018

Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018, as unemployment falls and […]
June 13, 2018
Trump renews attack on OPEC ahead of group’s production meeting

Trump renews attack on OPEC ahead of group’s production meeting

U.S. President Donald Trump said on Wednesday oil prices were too high and blamed OPEC, renewing his attack even as prices fell on Wednesday amid expectation […]
June 13, 2018
RBI urges NBFCs to lend more to small, medium sectors

RBI urges NBFCs to lend more to small, medium sectors

Non-banking financial companies (NFBCs) need to focus more on medium and small enterprises, the returns from which are much higher than from large corporates to whom […]
June 13, 2018
Mahindra Electric to lean on fleet operators as it seeks to double sales

Mahindra Electric to lean on fleet operators as it seeks to double sales

Mahindra Electric Mobility Ltd will depend on fleet operators and app-based cab aggregators to increase sales of passenger electric cars, a company official said here on […]
June 13, 2018
Cabinet clears HDFC Bank’s proposal to raise Rs 24000 crore via FDI

Cabinet clears HDFC Bank’s proposal to raise Rs 24000 crore via FDI

NEW DELHI:The government on Wednesday approved the proposal of HDFC Bank to raise additional capital Rs 24,000 crore by selling equity to foreign investors to fund […]
June 13, 2018
Soon, Railways will let you travel in upgraded Superfast, Mail Express trains

Soon, Railways will let you travel in upgraded Superfast, Mail Express trains

Indian Railways is planning to upgrade its  Superfast and mail Express trains under project Utkrisht. Project Utkrisht will be inspired from Operation Swarn – which involves […]
June 13, 2018
‘Nirav Modi flees to Brussels, believed to be travelling on Singapore passport’

‘Nirav Modi flees to Brussels, believed to be travelling on Singapore passport’

LONDON: Absconding billionaire jeweller Nirav Modi is understood to have jumped on a plane and fled to Brussels on Tuesday or Wednesday, immediately after front-page reports […]
June 12, 2018
Tesla to slash thousands of jobs

Tesla to slash thousands of jobs

Image copyright Getty Images Image caption Tesla’s Model 3 is crucial to the company’s profitability Tesla said it plans to cut 9% of its workforce as […]
June 12, 2018
US man kills four children and himself

US man kills four children and himself

Image copyright GoFundMe Image caption The four victims were named as Iraya, 12, Lillia, 10, Aidan, six, and Dove, one A man in the US state […]
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