Viral Acharya quits as RBI deputy guv 6 months before his term ends

President Xi to attend G20 summit, set to meet Trump to end trade war

Chinese President Xi Jinping will attend the G-20 summit in Japan this week during which he would meet his US counterpart Donald Trump for key talks. He would like to clinch a deal to end the bruising trade war and to forestall moves by Washington to clamp tariffs on the remaining USD 300 billion of exports from China.

Viral Acharya quits as RBI deputy governor six months before his term ends

RBI Deputy Governor Viral Acharya, who batted for central bank's Independence, has reportedly resigned six months before the scheduled end of his term. Acharya, who joined the RBI on January 23, 2017, was youngest deputy governor post-economic liberalisation. He will return to New York University Stern School of Business (NYU Stern) to teach, reported the Economic Times.

Infosys created 9,100 jobs in US since April 2017

Infosys, the country's second largest software exporter, has reportedly recruited nearly 9,100 employees in the United States (US) between April 2017 and March 2019, almost achieving its target of hiring 10,000 American workers. The Bengaluru-headquartered company had also announced to open four new technology and innovation hubs in the country

IndiGo flight from Delhi faces nose wheel malfunction on landing in Mumbai

A Mumbai-bound IndiGo flight from Delhi faced a nose wheel malfunction after landing at the airport on Sunday, the airline said.  In an official statement, IndiGo said the landing was as per schedule and the aircraft was towed for further inspection by a technical team. It said that the aircraft was now operational after maintenance.

Huawei urges India to take 'informed and independent decision' on 5G trials

Huawei has urged India to make an "informed and independent decision" on permitting its 5G trials in the country as the Chinese telecom giant reeled under pressure following the US ban. The US has banned Huawei, the world's leader in telecom equipment and the number two smartphone producer, over concerns of security and Washington has been pressuring other countries to restrict the operations of the Chinese telecom firm.

PM Modi helps poor man from UP, gives Rs 30 lakh for his daughter's treatment

Listening to the plea of a poor father, Prime Minister Narendra Modi has sanctioned a grant of Rs 30 lakh for the treatment of an Agra girl suffering from a rare disease called aplastic anaemia. However, the girl's father, Sumer Singh, has sought more funds from the PM to treat his ailing daughter as the "earlier amount was not enough".

PM-economists meet: 'Single-minded pursuit' for growth, FDI in banking, divestment discussed

Further opening of banking and insurance sectors for FDI, speeding up disinvestment process and management of water resources were among the focus areas of Prime Minister Narendra Modi's interaction with economists and industry experts on Saturday to achieve higher economic growth, said sources. During the interactive session, ahead of the presentation of the Union Budget next month, speakers made a case for "single minded pursuit" to achieve growth, they added.