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Urjit Patel, The RBI ‘Wise Owl’ Who Braved Demonetisation and Changed How Monetary Policy is Framed

Patel, who completed two years at the helm, had faced several storms in the early days.

Urjit Patel Steps Down as RBI Governor Amid Rift with Govt, Cites Personal Reasons

There were earlier reports that Patel may consider stepping down from the post following Finance …

Myntra CEO Ananth Narayanan Resigns, Flipkart's Amar Nagaram to Take Over: Report

The report comes weeks after Narayanan said an interview that he would continue to lead operations…

Sensex Tumbles 714 Points as Exit Polls Show Congress-BJP in a Close Fight in Assembly Elections

The BSE Sensex cracked below the 35,000 mark, plunging 713.53 points, or 2 per cent, to close a…

Govt Contribution to National Pension Scheme Raised to 14 Per Cent, Withdrawal Made Tax Free

The central government's contribution to the National Pension System (NPS) will be increased …

Direct Tax Collections Surge 15.7 percent to Rs 6.75 Lakh Crore in April-November

Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which …

Rupee Falls 59 Paise to 71.40 Against US Dollar in Early Trade

The rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over…

Sensex Plunges as Exit Polls Predict Dip in BJP's Fortunes, Weak Global Markets Add to Woes

Exit polls have predicted a tight finish between the BJP and the Congress in Madhya Pradesh and Chh…

Outgoing IMF Chief Economist Says Successor Gita Gopinath Faces 'Tough' Global Landscape

Gita Gopinath, who will assume the office in January, is the second Indian to be appointed to the r…

'India's Growth Very Solid': IMF Chief Economist Praises GST, Bankruptcy Code

India under the government of Prime Minister Narendra Modi has carried out some really fundamental …

IMF Chief Economist Backs RBI Amid Friction With Govt, Says Politicians Shouldn't 'Manipulate' Central Banks

IMF Chief Economist Maurice Obstfeld says central banks face the challenge of being more transparen…

More Than Half of Companies Look to Step Up Hiring in 2019: Mercer

Mercer (India) CEO Anish Sarkar noted that the trend for the last couple of years has been good in …

AAI Employees to Go on Hunger Strike Against Proposed Privatisation of 6 Airports

The Airports Authority Employees Union (AAEU) has also warned that staff would go on mass casual le…

Nissan Seeks to Block Former Chairman Ghosn's Access to Apartment in Rio

Brazilian-born Ghosn has been detained in Tokyo since his November 19 arrest on suspicion of conspi…

After Two Years, Banker Uday Kotak Says Note Ban was Poorly Executed

The executive vice chairman and managing director of the fourth largest private sector lender Kotak…

Mobile Chipmaker Qualcomm Hopeful of Faster 5G Deployment in India

Emphasising that 5G is going to have a 'more profound impact on the industry', Qualcomm Inc…

Six of Top 10 Companies Lose Rs 54,916 Crore in Market Capitalisation

The market valuation of RIL slumped by Rs 22,153.28 crore to Rs 7,18,317.52 crore while that of ITC…

FPIs Pull Out Nearly Rs 400-Crore in Just 5 Sessions on Global Cues

This comes following a net inflow of over Rs 6,900 crore in the equity market by Foreign Portfolio …

Air India Plans Flight Services to Iraq's Najaf From Lucknow

Najaf is considered sacred by Shia Muslims. Notably, Lucknow has a sizable Shia population. The air…

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