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Arvind backs bad bank

The finance ministry has jumped to the defence of the RBI over having a specialised bad bank to fight toxic loans amid murmurs of discontent among top bankers over such an entity.   | Read..

Jio charges up RIL stock

Shares of Reliance Industries Ltd (RIL) today soared to an over 8-year high with investors euphoric about telecom arm Jio's decision to end freebies.   | Read..

RBI strikes upbeat note

The minutes of the monetary policy committee meeting of the RBI on February 7-8 that voted for status quo in rates, and was released today, shows the apex bank to be upbeat...   | Read..

Cash energiser for solar energy

The government today approved an expenditure of Rs 8,100 crore to support solar power projects that will jack up the capacity of this sector to 40,000MW from 20,000MW by...   | Read..

Nadella wants tech for all

Microsoft CEO Satya Nadella today called for using digital technologies to empower the common man even as he launched a clutch of India-centric initiatives, including a...   | Read..

Father of impossibility theorem passes away

Kenneth J. Arrow, one of the most brilliant economic minds of the 20th century and, at 51, the youngest economist ever to win a Nobel, died on Tuesday at his home in Palo...   | Read..
Arvind backs bad bank

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