Fitch downgrades Sri Lanka’s sovereign rating to ‘CC’

Colombo: Fitch has downgraded Sri Lanka’s sovereign rating to ‘CC’ from ‘CCC’, saying there is an…

Govt gets financial bids for Pawan Hans stake

New Delhi: The government has received an undisclosed number of financial bids for sale of its…

Electric vehicle mkt to see investment of Rs 94,000 cr in next 5 years: Report

Electric vehicle market is likely to attract investments of Rs  94,000 crore over the next five…

Rs 80,000 cr investment as 430 bids pour in for city gas licensing round

New Delhi: As much as Rs 80,000 crore investment is envisaged in setting up city gas…

Alibaba to grow Southeast Asia e-commerce arm to $100 bn

Hong Kong: Alibaba this week revealed an ambitious vision to grow its Southeast Asian e-commerce business…

Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist

International Monetary Fund (IMF) Chief Economist Gita Gopinath has made a strong case for regulating cryptocurrencies,…

Banking services remain hit for second day

Chennai: Banking services across Tamil Nadu remained hit for the second day on Friday with employees…

Gold climbs Rs 398; silver zooms Rs 1,033 on global cues

New Delhi: Gold price in the national capital on Friday rallied by Rs 398 to Rs…

RBI Board discusses private cryptocurrencies, CBDC

Mumbai: The Central Board of Reserve Bank on Friday discussed various aspects related to Central Bank…

Forex reserves decline USD 77 mn to USD 635.828 bn

Mumbai: Declining for the third consecutive week, India’s forex reserves dipped by USD 77 million to…