Economy

Required for original message sender’s identification: govt. The government on Wednesday said it does not want WhatsApp to “decrypt and read” messages sent on its platform but “insists” that the Facebook-owned firm be able to trace the origin of messages that lead to serious crimes. This was conveyed to WhatsApp …

Reiterating that RBI’s autonomy is within the Act sends the message: ex-officials The Finance Ministry’s statement on Wednesday regarding the Reserve Bank of India and its reiteration of the consultative process with the central bank is welcome. But the fact that it mentioned that the central bank was autonomous within …

They are net sellers at $4 billion, which is the highest for any month in the last 16 years October has turned out to be the worst-ever month for Indian equities in terms of outflows from foreign portfolio investors (FPIs) that are often looked upon as the prime drivers of …

Finance Ministry statement makes no mention of whether Section 7 of RBI Act has been invoked The Ministry of Finance has acknowledged that the autonomy of the Reserve Bank of India is an ‘essential and accepted governance requirement,’ in a statement issued on Wednesday. Significantly, it neither confirmed nor denied …

WTO panel to examine India-U.S. export case The World Trade Organisation’s (WTO) dispute settlement body has set up a panel to examine the U.S.’ complaint against certain export-subsidy measures by India as both the sides failed to resolve the issue at consultation level, an official said. In March, the U.S. …

Long crop duration makes ryots go in for hybrid varieties ‘ Malai poondu ’ or hill garlic grown on the hills of Kanthalloor and Vattavada areas of Idukki district of Kerala are known for its unique flavour, pungency, taste, medicinal properties and longer shelf life . But the long crop …

Levy has helped add to our bottomline, says executive chairman of TTK Prestige Kitchen appliances maker TTK Prestige Ltd. the Rs. 1,800-crore flagship of the TTK Group has just reported bumper numbers for the second quarter with net profit jumping by 28% on the back of strong rural demand for …

4G and 5G technologies have to coexist. It doesn’t mean that since you are doing 5G, you kill 4G, says the country head of Intel India Nivruti Rai , country head, Intel India, talks about emerging technologies such as 5G and artificial intelligence (AI) and the evolving role of Intel …

A combination of higher input costs, tariff uncertainty, IGST refund woes leads to export contraction in September, the first time in six months Exporters in India are not happy with the current policy and exchange rate situation even though they should be cheering the depreciating rupee. A combination of higher …

Old-economy companies are buying or investing in tech firms, as their definition of ‘core’ changes Ask Pirojshaw Sarkari why a traditional business such as Mahindra Logistics, of which he is the CEO, picked up stake this year in ShipX, a provider of transport management solutions and he tells you, “Because …