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Business News and Finance News Headlines on Economy, Industry

IT majors' product plans put them at risk of cannibalisation

rediff Business - 4 hours 10 min ago
Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.

ATM transaction charges may rise

rediff Business - 4 hours 10 min ago
Interchange fee is the amount charged by ATM operators for every transaction.

Global payments firms in talks with RBI for free flow of data

rediff Business - 4 hours 10 min ago
While most of these payment players continue to run Indian data through the global processes of data analytics and fraud detection, the industry seems divided over whether the regulator would allow this to continue.

Will your home loan EMI fall due to rate cut?

rediff Business - 4 hours 10 min ago
New borrowers will benefit if banks cut their MCLR. Older borrowers' EMIs will change only when their reset date arrives

Why political class is betting on welfare spending

rediff Business - 4 hours 10 min ago
There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.

Why liquidity will remain constrained till March-end

rediff Business - 4 hours 10 min ago
Although the RBI's open market operations have ensured sufficient system-level liquidity, some sectors are finding liquidity to be a challenge owing to their credit profile.

The new WagonR isn't perfect, but is ready to challenge its rivals

rediff Business - 4 hours 10 min ago
Can a stronger platform, an all-new design, a more powerful engine and an extended feature list make the third-gen WagonR a better car than its rivals? Let's find out

Sensex sinks 311 points on heavy selling and FII outflow

rediff Business - 4 hours 10 min ago
Top losers in the Sensex pack included TCS, Yes Bank, ITC, Sun Pharma, Reliance, Coal India, Asian Paints, SBI, Maruti, HUL, HCL Tech and ICICI Bank, falling up to 2.91 per cent.

RBI pays Rs 28,000 cr interim dividend to govt ahead of elections

rediff Business - 4 hours 10 min ago
The interim dividend will help Narendra Modi-led government partly bridge the deficit its budget had developed after the announcement of a Rs 75,000 crore a year cash dole scheme for small farmers.

Lenders won't sell Anil Ambani-led Reliance group shares till Sep

rediff Business - 4 hours 10 min ago
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.

Govt needs to keep a tight leash on expenditure

rediff Business - 4 hours 10 min ago
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.

From carmakers to buyers, hybrids are slowly gaining ground

rediff Business - 4 hours 10 min ago
The trend is expected to gain momentum as global vehicle makers in India, particularly from Japan, ride on hybrids to meet the more stringent fuel efficiency norms that take effect in 2022.

Budget rebate for individuals not as bold as it seemed

rediff Business - 4 hours 10 min ago
Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.

2 reasons why India's market capitalisation is down $274 billion

rediff Business - 4 hours 10 min ago
The weakness in the rupee and broader markets has led to evaporation in the market cap.

Explainer: Why Jet Airways is selling a majority stake for Re 1

Admiral Quixote's Roundtable - 5 hours 52 min ago
Jet Airways has defaulted on loans that were due by December 31 and has delayed payments to staff and lessors

'People use storage for life events'

BBC News - Business - 8 hours 42 min ago
"We have to be mindful of the moments in life our customers are in," says storage boss Anthony Paine.

How Brexit hit the pound in your pocket

BBC News - Business - 8 hours 43 min ago
The value of the pound has changed a lot over the past three years - making us all a little poorer.

Could hackers 'brainjack' your memories in future?

BBC News - Business - 8 hours 43 min ago
A decade from now, memory-boosting implants could be available commercially, but at what risk?

Ren Zhengfei described the arrest of his daughter as politically motivated.

BBC News - Business - Mon, 02/18/2019 - 23:04
Ren Zhengfei described the arrest of his daughter Meng Wanzhou, the company's chief financial officer, as politically motivated.

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