The RBI wants the repo rate to be the external and preferred benchmark for banks to follow for their lending rates for new loans, but banking experts fear a mismatch considering that the repo rate is a short-term borrowing rate
Battling slowdown, automakers feel GST rate cut will improve sentiment
Jaitley passed away from a prolonged illness at AIIMS in New Delhi earlier today. He was 66
Some of the most fascinating topics covered this week are: Business (Know your country; WeWork IPO; Separation of platforms and commerce), Technology (How AI will change the way you manage money), Sports (Man on his horse), Neuroscience (Will we ever control the world with our minds?), and Politics (How the views of a few can determine a country's fate)
A new paper makes a case that, sometimes, retreating from nature instead of fighting it can actually open up new opportunities for communities. "You're in a fight with the ocean. You're fighting to hold the ocean in place. Maybe that's not the battle we want to pick."
As LFW completes two decades, the vice president and head (fashion) at IMG Reliance, which organises the event, says a host of innovations are in store in the coming months
Surcharge on FPI withdrawn; immediate Rs 70,000 crore recapitalisation for public sector banks among key announcements
It is no longer possible for them to remain apolitical, feel experts
Verifying social media accounts via Aadhaar will rein in anonymous abuse but also curb privacy free speech
Protests have disrupted the city for months and have begun to disrupt the commerce that makes up its lifeblood. The offering had been expected to raise $10 billion to $15 billion
The front line of India's electric car movement is messy, improvised and driven by the people. The government and vehicle makers are now trying to gain some control over it