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Reserve Bank maintaining status quo on monetary policy failed to cheer investors as the benchmark BSE Sensex plunged by 285.83 points to 24,539 today, while global cues were also bearish on fresh slide in crude oil prices.

The Modi government’s push for startups has one more champion in the form of Raghuram Rajan. The Reserve Bank of India governor on Monday unveiled a series of measures to make it easier for startups to raise foreign capital and do business in India.

The stock markets lost steam and leading benchmarks dipped into the negative territory soon after the news about RBI keeping interest rates unchanged at its last monetary policy review meeting this fiscal on Tuesday.

Jaitley is staring at a big revenue shortfall as India again misses an unrealistic target for raising cash from selling off state assets, while sliding commodity prices and exports have dented revenues.

The NBFC will offer interestfree loans for futuristic projects, research infrastructure and efficient use of space on campus.

Jetstar to fly to Manila Jetstar Japan has announced the launch of new routes from Narita, Osaka and Nagoya to Manila, making Jetstar the nation’s first low-cost carrier to offer direct flights to the Philippine capital. The airline will begin offering seven direct flights a week to Manila from March ...

The dollar sagged to levels around ¥120.60 in Tokyo trading on Tuesday, dragged down by falls in oil and stock prices following their recent rallies. At 5 p.m., the dollar stood at ¥120.62-63, down from ¥121.21-21 at the same time Monday. The euro was at $1.0902-0903, up from $1.0845-0845, and ...

The nation’s exports of agricultural, forestry and fishery products as well as foods in 2015 rose 21.8 percent from a year earlier to ¥745.2 billion, hitting a record high for the third straight year, a preliminary government report showed Tuesday. The government’s interim target of expanding annual exports to ¥700 ...

Toshiba Corp. said Tuesday it will acquire land adjacent to its chip plant in Yokkaichi, Mie Prefecture, for ¥3 billion as the electronics maker aims to boost production of 3-D NAND flash memory chips. In a bid to re-emerge from a massive accounting scandal, Toshiba is undergoing a broad restructuring, ...

A Cabinet meeting Tuesday saw the government formally decide to sign the Trans-Pacific Partnership free trade pact — putting an end to years of wrangling and heartache over the agreement. A signing ceremony in Auckland on Thursday will see Japan, the United States and 10 other countries put pen to ...