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CCI imposes over Rs 74 cr penalty on pharma companies, trade bodies

The Competition Commission of India (CCI) has imposed penalties of over Rs 74 crore on two pharmaceutical companies -- Himalaya Drug Company and Intas...

Highlights of RBI’s monetary policy statement

Following are the highlights of the second bi-monthly monetary policy announced by the RBI on Thursday: Repo rate reduced by 25 bps to 5.75...

RBI lowers economic growth forecast to 7 pc for FY20

The Reserve Bank of India Thursday lowered the economic growth forecast for the current fiscal to 7 per cent due to slowdown in domestic...

RBI cuts interest rates for third time this year to boost growth

Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 per cent Thursday...

JLR and BMW to jointly develop next-gen electric vehicles

Tata Motors-owned Jaguar Land Rover on Wednesday said it has joined hands with BMW to develop next generation electric drive systems. The collaboration seeks to...

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