Former RBI governor Raghuram Rajan said the US Treasury should not label India as a “currency manipulator”, as the country needs to build forex reserves to protect the economy from surge in outflows.

Rajan, currently a professor at University of Chicago Booth School of Business, further said India runs a current account def

The Centre has decided to scrap the subsidy extended to minority Muslims from 2018, it is reliably learnt.
A decision to this effect was taken at a review meeting held on Thursday, which was attended by senior officials from External, Minority Affairs and Civil Aviation.

According to reliable sources, the government has come to

Mumbai: Stocks were firmly in the saddle today as both indices Sensex and Nifty jumped to new peaks after the announcement of a new US Federal Reserve chief.

Investors also took keen interest in the unveiling of tax reforms by House Republicans in Washington.

The 30-share index rose by 119.36 points, or 0.35

New Delhi: Prime Minister Narendra Modi today asserted that it is now easier to do business in India than ever before after the country leaped 30 places to break into top 100 nations worldwide.

The jump to 100th rank on this year’s World Bank Ease of Doing Business index, from last year’s 130, is the bigges

Rajkot: India are poised for their third T20 International series triumph in five years but would be wary of a strong fightback from the usually plucky New Zealand when the two sides clash in the second game of the three-match series here tomorrow.

The comprehensive 53-run victory in the series opener at Delhi has

New Delhi: The ED has issued fresh summons asking Tejashwi Yadav, son of RJD leader Lalu Prasad, to appear before it on November 13 in connection with its money laundering probe in the railway hotels allotment corruption case, officials sources today said.

The fresh date has been issued after the former Bihar depu

Washington: The Senate today confirmed by a voice vote the nomination of Kenneth Juster as the next US Ambassador to India.

Juster, 62, is an old India hand who played a key role in the landmark Indo-US civil nuclear deal.

He would replace Richard Verma as the top Ame