Pressure for rate cut mounts as Raghuram Rajan completes second year as RBI...
Known for his hawkish outlook, Reserve Bank of India Governor Raghuram Rajan completes two successful years in office today. Bringing the retail inflation down to 3.8 per cent in July from 9.8 per cent in September 2013, Governor Rajan now faces the challenge for rate cuts with the finance ministry... read more »
Ratan Tata invests undisclosed amount in startup Holachef
Chairman emeritus of Tata Sons Ratan Tata has made a personal investment of an undisclosed amount in the online marketplace for chefs Holachef. Launched in September 2014 by Saurabh Saxena and Anil Gelra, Holachef has seen substantial growth in Mumbai and Pune, the company said in a... read more »
In Major Move, Small Oil and Gas Fields to be Auctioned to Private Firms
In a hefty economic reform, the government has announced that it will, for the first time, auction 69 small and marginal oil and gas fields surrendered by state-run explorers like ONGC. The government hopes to raise 70,000 crores from the sale, said Oil Minister Dharmendra Pradhan. The government... read more »
One-day strike has partial impact in Punjab, Haryana, Chandigarh
CHANDIGARH: Public transport was partially affected in Punjab, Haryana and UT Chandigarh as workers’ union today joined the one-day nationwide strike call given by ten central trade unions, protesting against changes in labour laws. Bank customers faced inconvenience as employees of public... read more »
