As the Centre failed to file its affidavit in the Supreme Court on a batch of petitions challenging the constitutional validity of the sedition law, the hearing in the case may now get deferred. However, the apex court, in its last hearing, had made it clear that it will not ...
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Central bank actions usually calm nerves. But the Reserve Bank of India's unexpected 40 basis points increase in policy rates has rather rattled the market. An interest rate increase per se wouldn't have been shocking given the price pressures that have been building up and the actions of other central ...
The US Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and said it would begin trimming its bond holdings next month as a further step in the battle to lower inflation.
New Delhi: As Shipping Corporation of India's privatisation plans get delayed, US-based Safesea, one of the bidders shortlisted to bid for the Indian-government owned vessel operator, has turned its attention to Ceylon Shipping Corporation, a government of Sri Lanka-owned company and has made a proposal to acquire a 40% stake ...