Money

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Indian billionaires' wealth grew daily by Rs 2,200 crore last year: Oxfam

According to Oxfam, top 10 per cent of India's population holds 77.4 per cent of the total national wealth.

Mehul Choksi surrenders Indian citizenship, opts for Antigua & Barbuda

Mehul Choksi, along with his 47-year-old nephew Nirav Modi, are among the prime accused in the Rs 13,500 crore Punjab National Bank fraud.

26 richest billionaires own as much as half of the world’s poorest: Oxfam report

The development charity said 2018 had been a year in which the rich had grown richer and the poor poorer, reports the Guardian.

India likely to surpass UK in largest economy rankings of 2019: PwC Report

PwC's annual Global Economy Watch projects real GDP growth in 2019 of 7.6 per cent for India.

Markets likely to continue upward bias amid positive quarterly results of companies

Results from the large companies are on track and are seeing positive movement post declaration of their results.

RBI will make efforts to facilitate robust growth: Governor Shaktikanta Das

The newly appointed RBI governor also reiterated that RBI is committed to its mandate of containing inflation, while keeping in mind the need to promote growth.

India's debt up 49 per cent to Rs 82 lakh crore in last 4.5 years

The huge surge in government's debt has been propelled by 51.7% growth in public debt from Rs 48 lakh crore to Rs 73 lakh crore in the four-and-half year period.

Centre likely to miss divestment target by Rs 20,000 crore: Care Ratings

The fiscal deficit will come in at 3.5 per cent as against the targeted 3.3 per cent, the report said.

Sun Pharma stocks plunge after whistleblower raises issues of corporate governance

Sun Pharma said in a letter to Sebi that there is great asymmetry in information circulating between analysts, investors and the media, leading to intense speculation.

India Inc urges RBI Governor to cut interest rate to boost growth

Lowering of lending rates by banks can help in reviving the investment cycle in the country and will also boost consumption and support growth.