Toyota Corolla 2020 smashes past crash test with five-star safety rating

Toyota Corolla has been on roads around the world for years and years. And years. The reliable workhorse of a sedan from the Japanese has been trusted by millions and for good reason. And the list of reasons can now be added with the new 2020 Corolla's five-star safety rating given by Latin NCAP authority.In...

Read more

India’s real estate, construction industries in deep trouble: Raghuram Rajan

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India Governor Raghuram Rajan said.There is also “significant distress in rural areas,”...

Read more

Etihad Airways named world’s best airline at World Travel Awards

UAE national carrier also picks up World's Leading Airline - Customer Experience 2019, World's Leading Airline Inflight Entertainment 2019 and World's Leading Excellence Inflight Service 2019 awardsEtihad Airways named world's best airline at World Travel AwardsEtihad Airways has been recognised with...

Read more

Mukesh Ambani 9th richest on Forbes’ real-time billionaires list

With a net worth of USD 60 billion, Reliance Industries chief Mukesh Ambani has been ranked the 9th richest person globally, according to 'The Real-Time Billionaires List' of Forbes, that was topped by Amazon Founder and CEO Jeff Bezos.The list tracks the daily ups and downs of the world's richest people...

Read more

Car sales in November resume downward spiral

Almost ever major passenger vehicle maker in the country reported negative sales growth for the month of November, underlining the general agreement that the spurt in sales a month earlier was primarily due to the festivities.After months of sluggish sales, October had come as a respite but that respite...

Read more

Paytm raises $1 billion in fresh funding

Paytm said it has raised fresh funds from a group of investors, including existing backers such as SoftBank’s Vision Fund and Alibaba’s Ant Financial on Monday.The company has not officially disclosed details of the funding, but a source said the Indian company raised $1 billion in the latest round.The...

Read more

Govt eases norms for change of address on Aadhaar

The demand for this change has come from various sectors, especially to help migrant workers.The government has amended the Prevention of Money-laundering (Maintenance of Records) Rules allowing an Aadhaar enrollees to provide a current address different from their permanent address.According to sources,...

Read more

Government may hike bank deposit insurance cover: Nirmala Sitharaman

The government is considering introducing legislations in the winter session of Parliament to raise the ₹1-lakh insurance cover limit for greater protection of depositors’ money in banks and regulate multi-state co-operative banks, and is reviewing ways to address concerns of distressed telecom operators,...

Read more

Centre approves Rs 25,000 crore fund for unfinished housing projects

The Centre on Wednesday approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects and endorsed setting up of a special window to provide priority debt financing for completion of stalled projects in the affordable and middle-income housing sector.Announcing a rescue plan for homebuyers...

Read more

Government Will Be The Biggest Loser If A Telecom Operator Collapses

While slamming its rivals for seeking relief on pending dues, the telecom unit of Asia’s richest man, Mukesh Ambani, said given the vibrant competition there would be no impact on the sector if, in an unlikely event, Bharti Airtel Ltd. and Vodafone Idea Ltd. were to fail. The government wouldn’t...

Read more