Low Inflation Rate

Chief Economic Adviser Arvind Subramanian has said there is room for rate cut by the Reserve Bank as inflation is low.

The policy rate was reduced substantially in 2015 with no less than four rate cuts cumulating to 1.25 per cent, including a 0.5 per cent cut at the October meeting. 

Google Pays Tribute To Rukmini Devi Arundale

Google pays tribute to Rukmini Devi Arundale one of the famous Indian dancers, choreographers and theosophists. Google honored her with a doodle on her 112th birthday today.

Who is Rukmini Devi?

Rukmini Devi was born on 29 February 1904 in a Brahmin family in Madurai. She is considered the most important revivalist in the Indian classical dance form of Bharatnatyam.

Mukesh Ambani remains the richest Indian billionaire

The richest Indian billionaire Mukesh Ambani holds the position again with a surge 30% in his net worth and he bags 21st rank among the world top billionaires where Bill gates being top in the list. 

The total number of billionaires from India has risen to 111, consolidating the country's third position after China and the US, according to Hurun Global Rich List 2016, a ranking of the US dollar billionaires currently found in the world.

Oil price in India

Billionaire Mukesh Ambani, owner of the world's largest refining complex, said that global oil prices are likely to remain low for 3-5 years, benefitting a net importing nation like India.

Are you ready to buy freedom 251?

Ringing Bells will launch India’s most affordable smartphone called Freedom 251 for a price of Rs 251 .

The freedom 251 smartphone is inbuilt with a 4-inch WVGA resolution display, features a 1.3 Ghz quad-core processor, 1GB RAM, 8GB total storage space and a 3.2 megapixel camera on the back. It will have 0.3 megapixel camera on the front and has a 1450 mAh battery.

Will India Reform?

The Government of India will soon initiate a series of reforms to improve governance in public sector banks (PSBs). Arun Jaitley, the finance minister says India has not reached a stage where the government can pull out of banking.

While privatization was not on the agenda, the Government will address issues such as maintaining an arm's length relationship with banks and professionalizing bank boards. 

Liquidity rate in India

Credit Suisse analysts Neelkanth Mishra, Prateek Singh and Ravi Shankar said that the liquidity shortage in the money market could be an early indicator of a reviving economy as month-on-month credit growth have started to track historic trends as 15 months of below trend growth.

Tata motors collaborated with Jayem

Tata motors collaborated with Jayem automotives for development of new vehicles and products.

J. Anand, Managing Director of Jayem and a former F3 champion, told The Hindu that Tata Motors had collaborated with Jayem to build a new range of performance and special vehicles. A sporty hatchback vehicle, which was displayed at Auto Expo 2016, was developed jointly by the two companies.

Will India recover Economy?

India is trying to the economy and there is a likelihood of slowdown in the growth momentum, says Japanese financial services firm Nomura.

It said that while improving urban consumption demand and a robust transportation sector are supporting growth, weak external conditions and sluggish investment demand are weighing on the pace of the recovery.

Will RBI lend more funds to road projects?

The Indian government is likely to ask RBI – The Reserve Bank of India to provide more funds for road projects that are facing cost overruns due to delays, a move aimed at reviving languishing projects worth over Rs 30,000 crore. 

Banks are currently allowed to fund cost overruns up to 10% of the original total project cost.

Ayurveda-The holistic approach

Prime minister Narendra modi speaks about the importance of Ayurveda on a Global Ayurveda Festival. 

He said that Ayurveda is globally relevant due to its holistic and comprehensive approach to health. 

Today, Ayurveda is globally relevant because of its holistic and comprehensive approach to health. 

The Ayurvedic 'dincharya'  helps to bring about peace and harmony in one's life. 

Ayurvedic daily routines are meant to enhance the health of a human being, both mental and physical.