RBI seen keeping rates on hold as inflation concerns revive

The Reserve Bank of India (RBI) is expected its policy rate unchanged at a policy meeting this week despite a sharp slowdown in economic growth, after inflation surged to a five-month high, threatening the central bank’s target. The RBI has made a priority of maintaining consumer inflation at around 4% — the midpoint of its […]

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Tata Motors upbeat on commercial vehicles business

Automotive major Tata Motors is upbeat on the company’s commercial vehicles business unit, where it expects to consolidate its market share up from 43 per cent now. “Putting behind concerns which had resulted in a slowdown in the CV business due to demonetisation, the transition from BS III to BS IV norms, and the GST […]

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IIT Delhi: First ‘Industry Day’ to be held on September 23

IIT Delhi: First ‘Industry Day’ to be held on September 23 The objective is to provide a common platform for the industry, academia and research community to come together to discuss the problems faced by the industry and form partnerships to create effective solutions. IIT Delhi The Indian Institute of Technology (IIT Delhi), a leading […]

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People on Twitter are furious at this startup that aims to replace mom-and-pop stores with vending machines

A new startup launched by two former Google employees aims to replace the corner store – but city dwellers on Twitter don’t seem too happy about that. Called Bodega , after New Yorkers’ preferred term for the local convenience store, the idea behind the startup is to place interactive pantry boxes full of non-perishable goods in convenient spots, […]

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Anganwadi workers go on indefinite strike; rally today

More than two lakh anganwadi workers across Maharashtra are on an indefinite strike from Monday to draw attention to their demand for a hike in their honorarium. Hundreds of them are expected to participate in a morcha at Azad Maidan in Mumbai on Tuesday. According to the Maharashtra State Anganwadi Workers’ Action Committee, they will […]

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Panjab University VC faces flak for no comments on former chancellor felicitation

In the first Senate meeting after Vice-President Hamid Ansari’s tenure ended last month, Panjab University Vice-Chancellor Arun Kumar Grover on Sunday came under criticism for not making an official comment of felicitation for the former Chancellor of the university. Grover allegedly had avoided mentioning Ansari’s name even during the last month’s Syndicate meeting after which […]

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