Business

The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan, the RBI said.

Rangarajan, a former RBI governor, said there is also a need for the Central Statistics Office (CSO) to disclose a few essential details on the recent change in GDP computation.

Global equities were subdued as a partial US government shutdown that entered was set to stretch through Christmas.

US President Donald Trump is expected to join this elite jamboree, to be attended by over 3,000 global leaders from business, politics, government, civil society, arts and media, for the second consecutive year.

Negative global cues amid fears of a potential US government shutdown and rising tension between the US and China, too, weighed on investor sentiment.

Shares in European aircraft maker Airbus tumbled more than nine percent on Thursday after French daily Le Monde reported it could face record fines of several billion dollars in a US corruption inquiry.

Of this, an amount of Rs 410 crore has been mopped up till date through sale of its non-core assets in various cities in India and abroad, Minister of State for Civil Aviation Jayant Sinha said in a written reply to the Lok Sabha.

Forex traders said the strength of the US dollar against some currencies overseas weighed on the local unit. However, fresh foreign fund inflows and easing crude prices capped the losses for the domestic unit.

Last fiscal, the RBI paid an interim dividend of Rs 10,000 crore to the Centre. RBI follows the July-June calender.

The document that was released by Finance Minister Arun Jaitley.

Huge sums of public money were allegedly stolen from Malaysia's 1MDB sovereign wealth fund and used to buy everything from yachts to artwork, in a scheme that allegedly involved former premier Najib Razak.

Sankaran Naren, who helps manage Rs. 3.1 lakh crore as chief investment officer at ICICI Prudential Asset Management Co, told Bloomberg that investors need to brace for a run of constrained returns that will last until the Fed Chairman Jerome Powell makes...

The British airline had suspended its flights to Pakistan in September 2008 after the deadly bombing on the Marriott Hotel in Islamabad, which killed more than 50 people and triggered a major drawdown by embassies and international organisations over safe...

The report said it does not anticipate any material change in the central bank's level of independence, especially with regards to its adoption and implementation of prudent policy.

Cairn India CEO Sudhir Mathur said the company has put in an offer far superior than the firm which originally wanted the block, and it will do much more than the committed work programme.

In the national capital, petrol was sold at Rs 70.34, against Rs 70.29 per litre on Friday, data on the Indian Oil Corporation website showed.