Days after Volkswagen recalled 3.32 lakh vehicles, CNBC-TV18 has learned that the Road Ministry may consider banning sales of VW diesel cars in India till a new engine is introduced. Further, the ministry will order a fresh probe into Volkswagen to decide whether its cars were fitted with a cheating device.
Posts tagged MC
RoadMin mulls probe into, interim ban of VW diesel cars (03-12-2015)
Europe comes under pressure after ECB cuts deposit rate (03-12-2015)
Prior to the rate decision, key indexes and individual stocks plummeted, while euro spiked against the dollar, after a tweet by the Financial Times released an ECB update ahead of the announcement.
Gold falls below Rs 25K, crashes to 3-1/2 month low (03-12-2015)
Globally, gold hit a near-six-year low, as the dollar soared after Federal Reserve Chair Janet Yellen hinted at a US rate hike later this month and investors nervously awaited the European Central Bank’s policy decision later in the day.
TRAI to test improvement in call drops next month (03-12-2015)
“We will be testing in a number of cities to see the improvement in call drops next month,” Telecom Regulatory Authority of India (TRAI) chief told reporters on the sidelines of Infocom seminar here.
India now a preferred mkt because of compulsion: Deutsche (03-12-2015)
“Improvement in corporate earnings has now become the most critical driver for market confidence with investor patience beginning to thin,” the ‘India Equity Strategy: 2016 Outlook’ report by the bank said.
Google’s Pichai to visit India; will meet PM, President (03-12-2015)
Google’s Indian-born CEO Sundar Pichai will visit India this month. It will be his first overseas trip after taking over as the company’s CEO. During the visit he plans to meet Prime Minister Narendra Modi and President Pranab Mukherjee.
Google’s Pichai, Microsoft’s Nadella to visit India in Dec (03-12-2015)
Google’s Indian-born CEO Sundar Pichai will visit India this month. It will be his first overseas trip after taking over as the company’s CEO. During the visit he plans to meet Prime Minister Narendra Modi and President Pranab Mukherjee.
ECB cuts deposit rate 10 bps, to announce more measures (03-12-2015)
With the European Union continuing to reel under chronic conditions of low inflation and high unemployment, the European Central Bank (ECB) today cut interest rate on deposit facility by 10 basis points to -0.30 percent.
ECB cuts deposit rate by 10 bps, extends QE until Mar 2017 (03-12-2015)
With the European Union continuing to reel under chronic conditions of low inflation and high unemployment, the European Central Bank (ECB) today cut interest rate on deposit facility by 10 basis points to -0.30 percent. It also decided to extend its existing asset purchases programme until end March 2017.
RBI revises PSL norms for regional rural banks (03-12-2015)
As per the new norms released, rural banks will have to advance 18 percent of total outstanding towards agricultural activities.