GDP to grow nearly 7% in FY24: Economists

The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations.......

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it? Photograph: Dado Ruvic/Reuters On September 20, 2013,......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

'Don't expect major cuts in direct tax rates'

'You may see some movement indicating a simpler tax regime with less exemptions, but with fewer tax rates making life simpler for taxpayers.' Illustrations: Dominic Xavier/Rediff.com Rahul Bajoria......

Goodbye Angel; good riddance, Manchester Utd!

Angel di Maria's move from Real Madrid to Old Trafford was such a disaster that Manchester United was more than willing to incur losses of more than 15 million pounds on their investment. Bikash......

Asian sports confident of surviving money crisis

Asian sports bosses remain confident they can ride out the global financial crisis despite conceding the region is not immune and they will have to start tightening their belts. Leading officials......