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Despite scepticism, govt adopts inflation targetting

Despite scepticism, govt adopts inflation targetting

One year and five months after it got into “flexible inflation targeting” mode, India is set to formally adopt a consumer...

Outstanding bank credit to industries up 0.6% in June
Outstanding bank credit to industries up 0.6% in June

On the other hand, loans to the second most indebted sector of the economy — iron & steel — grew in double digits at 10.3% (y-o-y) to Rs 3.13 lakh crore.

Amazon Prime to focus on local content, offer Indian movies, TV shows
Amazon Prime to focus on local content, offer Indian movies, TV shows

Amazon Prime, which was launched in India earlier this week, will soon feature...

AUTOMOBILES

Mercedes rejects claims about 'misleading' self-driving car ads
Mercedes rejects claims about 'misleading' self-driving car ads

Mercedes-Benz has defended an advertising campaign for its new E-Class against allegations that consumers were being misled about the car's self-driving capabilities, the latest backlash by consumer groups in the wake of a fatal Tesla accident.

TECHNOLOGY

Facebook hits 1.71 billion users; profit and shares soar
Facebook hits 1.71 billion users; profit and shares soar

Facebook had a good quarter, as the number of active monthly users have hit 1.71 billion for the website, which is an increase of 15% over last year.

Horoscope: By Peter Vidal

Today ( 30 Jul )This Week ( 24 Jul - 06 Aug )

SAGITTARIUS After a lot of near misses or false starts, you may finally be about to achieve a cherished goal. The first requirement, though, is to sort out the continuing complications dogging your financial affairs. In matters of… read more