Business

Other top recipient nations after India were China ($67 billion), Mexico and the Philippines ($34 billion each) and Egypt ($26 billion), as per the report.

For October-March, the RBI has fixed Consumer Price Index (CPI)-based retail inflation to be between 3.9-4.5 percent.

Lucknow: Bharti Airtel, the India’s leading telecommunications service provider, has appointed Kaivalya communication to act as the PR provider for its entire network, following in Bihar and Jharkhand. Giving further details Spokesperson of Kaivalya communication said that we have been serving Airtel since the year 2011, and now we are extremely delighted to extend our …

Beijing: China’s gross domestic product (GDP) grew 6.7 per cent year on year in the first three quarters of 2018 to about 65.09 trillion yuan ($9 trillion), data from the National Bureau of Statistics (NBS) showed on Friday. The growth was in line with market expectations and higher than the government’s annual growth target of around …

United Nations: India has suffered economic losses of $79.5 billion due to natural disasters during the last two decades, according to the UN. Between 1998 to 2017, two of the worst years for lower-middle income countries, a category that India falls into, were 2002 when a severe drought in India affected 300 million people, and 2015 …

Mumbai: The Indian rupee slipped to a fresh record low of 74.46 to a US dollar during the morning trade session on Thursday. It opened at 74.31 to a dollar at the Inter-Bank Foreign Exchange Market and soon slipped to 74.46 to a greenback, the lowest-ever it has touched. ALSO READ: Three dead in Java quake, another …

New Delhi: Social networking giant Facebook, on Monday, announced to appoint Ajit Mohan, CEO of popular video streaming platform Hotstar, as Managing Director and Vice-President of Facebook India. Set to begin his Facebook innings early next year, Mohan will be responsible for driving Facebook’s overall strategy and continued investment in India where it has over 270 …

Mumbai: Weak global cues on the back of escalation in trade tensions subdued equity indices during the afternoon trade session on Wednesday. Although, the Indian markets opened in the green on Wednesday, subsequent selling pressure in consumer durables, banking and FMCG stocks dragged the NSE Nifty50 and S&P BSE Sensex in the negative territory. ALSO READ: Maharashtra …