RBI cuts interest rates to 9-yr low, expects banks to quickly lower home, auto loan EMIs
MUMBAI: In a move that may lead to lower home, auto and other loan EMIs, the RBI Thursday cut interest rates for the third...
Azim Premji to retire as executive chairman of Wipro; son Rishad to take over
NEW DELHI: IT czar Azim Premji will retire as executive chairman of Wipro with effect from July 30, but will continue to serve on...
YouTube to ban 'hateful,' 'supremacist' videos
WASHINGTON: YouTube said Wednesday it would ban videos that promote or glorify racism and discrimination as well as those denying well-documented violent events, like...
China launches its first rocket from mobile platform in sea
BEIJING: For the first time, China Wednesday successfully launched a rocket from a mobile launch platform in the Yellow Sea, sending two technology experiment...
World Bank retains India's growth rate for FY19-20 at 7.5 per cent
WASHINGTON: India's economy is projected to grow at 7.5 per cent in the next three years, supported by robust investment and private consumption, the...
Asia markets climb as Fed signals possible rate cut
HONG KONG: Asian markets largely rose Wednesday, tracking rallies on Wall Street after the US Federal Reserve chief indicated greater openness to lowering interest...
The economy of Mauritius
Located off the southeast coast of Africa, neighboring the French island of La Reunion, Mauritius is an island state of 1.3 million inhabitants. The...
Immigrating to Mauritius
Attracting foreign capital has always been a major objective in any country’s economic development strategy. Numerous advantages, including tax incentives are already offered to...
NEW YORK: Plane maker Boeing has said some of its 737 planes, including many 737 Max aircraft, may have faulty parts on their wings. It's...
Bank fraud touches Rs 71,500 crore in 2018-19: RBI
NEW DELHI: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India...