Ismail Shakil

Rise in government borrowing can squeeze corporate sector: RBI's Viral Acharya

23 Jul 2019

MUMBAI/BENGALURU An increase in government borrowing runs the risk of flooding the debt market, and puts upward pressure on interest rates, making it more expensive for companies to borrow, said outgoing Reserve Bank of India Deputy Governor Viral Acharya.

U.S. proposes barring big tech companies from offering financial services, digital currencies

15 Jul 2019

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.

India's space startups ignite investor interest

24 Jun 2019

MUMBAI From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race.

RPT-India's space startups ignite investor interest

24 Jun 2019

* Rapid growth of low earth orbit satellites fuelling space boom

Planned base price of India's 5G spectrum too high: telecom lobby

04 Jun 2019

MUMBAI/NEW DELHI India's top telecom lobby said the government's proposed base price for the auction of spectrum for next-generation 5G networks is too high as India outlined plans to launch the sale process this year.

UPDATE 1-Planned base price of India's 5G spectrum too high - telecom lobby

04 Jun 2019

* 5G seen as central for emerging technologies (Adds comments from Bharti Airtel, Vodafone Idea, details on pricing)

Tribunal stays NSE fine in unfair access case

22 May 2019

MUMBAI India's National Stock Exchange (NSE) won a partial reprieve on a $90 million regulatory fine for allegedly giving unfair access to its network servers, as an appellate tribunal on Wednesday announced an interim hold on the penalty.

Cricket: India feel confident before 'most challenging' World Cup, says Kohli

21 May 2019

MUMBAI India are very confident about their form, captain Virat Kohli said on Tuesday before his squad depart for the 10-nation World Cup in England and Wales starting next week.

Tata Motors shares hit by Jaguar Land Rover woes, weak home market

21 May 2019

MUMBAI/BENGALURU Tata Motors Ltd gave an uninspiring outlook for its luxury brand Jaguar Land Rover and forecast weak demand in the Indian automaker's home market, sending its shares 6% lower on Tuesday. | Video

Fighter jet crashes in Bengaluru, two pilots dead

01 Feb 2019

BENGALURU An Indian Air Force Mirage-2000 trainer aircraft crashed in Bengaluru on Friday immediately after taking off, killing both pilots.

World News

White House acknowledges strings attached in Trump withholding Ukraine aid

President Donald Trump's withholding of $391 million in military aid to Ukraine was linked to his request that the Ukrainians look into a claim - debunked as a conspiracy theory - about the 2016 U.S. election, a senior presidential aide said on Thursday, the first time the White House acknowledged such a connection.