Business

Mumbai: The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said Tuesday. Addressing a press conference on his last day at work, Das said restoring the growth-inflation balance is the most...

Bhubaneswar: The Railways has sanctioned Rs 509 crore for the construction of two major flyovers in Cuttack and Rayagada districts, an official release stated Monday. The initiative is part of the broader Energy, Mineral and Cement Corridor Scheme of the Railways, aimed at improving train...

New Delhi: A computer science engineer and master's in public policy from Princeton University, Sanjay Malhotra, the new Governor of the Reserve Bank of India (RBI), is a known consensus builder and the person instrumental in the implementation of the new income tax regime. Malhotra,...

Mumbai: Shaktikanta Das will demit the office Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor December 12, 2018, after the abrupt...

Bhubaneswar: The Opposition Congress Monday questioned the Odisha BJP government's silence on the alleged Adani bribery case in which the state has been named by a US court. The issue was raised during the Zero Hour by Congress Legislature Party leader Rama Chandra Kadam who...

Noida: A UX copywriter at a salon and wellness platform has alleged that hundreds of employees were abruptly terminated following a company survey about workplace stress. Anushka Dutta, a LinkedIn user, shared a screenshot of an email she attributed to Ashu Arora Jha, the HR...

New Delhi: The government Monday appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet cleared Malhotra's name, who has been appointed as the RBI Governor for three years, starting Wednesday. Malhotra, a 1990...

Mumbai: Equity benchmark indices Sensex and Nifty ended lower Monday, dragged down by selling in blue-chip stocks Reliance Industries, Hindustan Unilever, Axis Bank and mixed global trend. After oscillating between highs and lows during the day, the 30-share BSE benchmark Sensex declined 200.66 points or...

New Delhi: Tata Motors Monday said it will hike the price of its passenger vehicle portfolio, including electric vehicles, by up to 3 per cent from January next year. The price hike is being undertaken to partially offset the rise in input costs and inflation,...

Bhubaneswar: Over 59,000 people became victims of online trading frauds in Odisha during the last six years, Chief Minister Mohan Charan Majhi informed the Assembly Monday. In a written statement, Majhi said 769 online trading fraud cases were reported in the state between 2019 and...