Urjit Patel must have lost count of the number of times he has been referred to as “shy and reticent” after being selected as the 24th governor of the Reserve Bank of India. Media commentaries and conversations in the corridors of power show a strange anxiety: What does the new RBI governor stand for? That’s because most people are clueless Read More

Many individuals invest in a second house or vacation home but they either don’t let it out for fear of squatting or are very choosy about the profile of tenants. Though rental yields are not high in India, income generation from rent can be crucial for your finances. Rental yield from a property is the annual rate of return it Read More

Corporate Responsibility Watch (CRW) India, a network of 15 voluntary organisations and independent consultants, has come out with a study of India Inc’s track record in meeting national voluntary guidelines on social, economic and environmental responsibilities. Tom Thomas, bottom, left, chief executive officer of Praxis, and convenor of CRW India, shares the outcomes of the study with Sudipto Dey. Excerpts: Read More

Volvo Auto India has launched the range-topping Volvo XC90 Excellence PHEV in India at Rs 1.25 crore, ex-showroom, New Delhi. Like the XC90 D5 diesel variant, the XC90 Excellence is imported to India as a completely built unit. The exterior of the Volvo XC90 Excellence looks largely identical to the regular model currently sold, save for chrome-plated B- and C-pillars, Read More

Weeks ahead of the impending India launch of iPhone 7 and 7 Plus, Apple has slashed prices of the previous generation handsets — iPhone 6S and 6S Plus — by up to Rs 22,000. The iPhone 7 and iPhone 7 Plus, launched earlier this month in the US, are slated to hit the Indian market from October 7, with prices Read More

Carmakers have launched more than a dozen vehicles in the past year but not everyone has been able to get the pricing right. Pricing strategy is becoming trickier as the market gets crowded with more car models. The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross last August. Read More

The world’s fastest-growing economy, on course to become the world’s third largest by 2030 with a gross domestic product (GDP) of $7.3 trillion, India, continues to trail smaller South Asian neighbours – in some instances, Pakistan and Bangladesh – on several social indicators. India’s per capita GDP of $5,238 in 2013 was 65 per cent lower than Iran, 54 per Read More

Close on the heels of surge pricing in premier trains like Rajdhani and Shatabdi express, Humsafar trains are set to be launched next month with fares that would be about 20 per cent higher than the normal Mail and Express services. Announced by Railway Minister Suresh Prabhu during the presentation of the Rail Budget 2016-17, Humsafar, a special class service Read More

Six months ago, Future Group Chief Executive Kishore Biyani was in a different frame of mind when it came to online ventures. The 55-year-old businessman, best-known for kicking off India’s modern retail revolution a decade ago, had just acquired e-tailer Fabfurnish and was putting his blueprint in place on how he proposed to move forward. His plan, he said, was Read More

Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not sure it will boost India’s prospects of cornering a larger slice of the global market. However, the underlying message to the Reserve Bank of India (RBI) could be to lower rates. A low interest rate makes the country less attractive for Read More