German automobile giant Volkswagen has been recently in news on account of the emissions scandal. The Volkswagen emissions scandal began on 18 September 2015 when…
German automobile giant Volkswagen has been recently in news on account of the emissions scandal. The Volkswagen emissions scandal began on 18 September 2015 when…
India signed a 123.51 million US dollar loan agreement with Asian Development Bank (ADB) to upgrade tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh.
In the month of August, China’s foreign exchange reserves decreased by $93.9 billion. This is the biggest monthly fall in China’s Forex reserves.
World’s 11th-biggest economy and the United States’ biggest trading partner Canada entered into the first technical recession in six years, apparently due to the falling energy prices and economic troubles in China.
In his Independence Day Adress Prime Minister Narendra Modi launched a new campaign with the name “Start-up India, Stand up India”.
Wholesale prices has fallen for the ninth consecutive month in July on the back of a decline in food and fuel prices, raising prospects of a cut in interest rates to give a push to growth.
The Central government of India announced an overhaul of public sector banks. As a part of this process, the government drafted executives from the private sector to run at least two state-run lenders, for the first time since nationalization.
The Reserve Bank of India paid a dividend of nearly Rs 66,000 crore to the government. The amount is the highest ever in the central bank’s 80year history, and 22% more than it paid last year.
Swiss FMCG major Nestle reported 2.5% decline in its consolidated net profit at 4.51 billion Swiss francs for the first half of 2015 reportedly due to the ban on Maggy in India.
According to a recently released data, the Retail inflation in India decreased sharply in July, while industrial output growth rose to a four-month high in June.