Business

According to P Chidambaram, the average growth rate under the UPA-1 government was 8.87 per cent, during which it also cloaked double digit growth rate of 10.08 per cent in 2006-07 and under the UPA-2 dispensation, it was 7.39 per cent.

The credit disbursal to the MSME sector has, however recovered a tad since the lows of 2017 to reach the mid-2015 level, notes an RBI report called the Mint Street Memo.

On Monday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.91 against the US currency amid fears that Turkish currency turmoil could turn out into global financial crisis.

Amid rising concerns over the airline's financial health and proposed salary reductions for employees, the Jet Airways Chairman said a new committee would be set up to improve public perception and negative publicity about it.

International Monetary Fund also said that a dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality.

Facebook, which has faced intense criticism for sharing user data with many app developers, was interested in information including bank card transactions, checking account balances, and where purchases were made, according to the source.

HDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments.

Sources said ONGC has written to HPCL management asking it to take steps to rectify the filings to reflect the true promoter of the company.

Mistry in his pleas primarily argued that his removal was not in accordance with the Companies Act and that there was rampant mismanagement of affairs across Tata Sons.

J J Irani and Keki Mistry too got re-appointment as directors to HDFC's board with more favourable votes.

In a series of tweets targeting Mueller's credibility, Trump alleged he had "a very nasty & contentious business relationship" with Mueller.

The USD 71.3 billion deal will give Disney prized assets being sold by Rupert Murdoch's group, which include the Fox studios in Hollywood and important film and television production operations.

The outcome seemed a victory for Trump, who had assured supporters that his confrontational trade strategy would bear fruit, and who appears to have conceded little in the talks with the EU.

The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018, was introduced by Finance Minister Piyush Goyal. The bill replaced the Ordinance which was approved by the Union Cabinet in May.

The stock plummeted 24.17 per cent to Rs 90.95 — its 52-week low — on BSE.

As of now, Centre for Monitoring Indian Economy happens to be the only organisation to come up with a comprehensive unemployment data on India.