Global rating agency Moody’s Investors Service has downgraded private lender Yes Bank’s ratings to junk status with a negative outlook, citing the lower-than- expected capital raised from the recent QIP issue and the plunging share prices that will be a hurdle in raising more funds.

Islamabad: Pakistan Foreign Minister Shah Mehmood Qureshi has made it clear that no decision has yet been taken to close the country's airspace to India, Dawn news reported.

Talking to reporters during a visit to the National Database and Registration Authority (Nadra) on Wednesday, he dismissed as "speculative" all reports on the issue.

NEW DELHI : Trai issues draft of broadcasting and cable services interconnection regulations amendment

The Telecom Regulatory Authority of India on Wednesday released a draft of broadcasting and cable services interconnection regulations amendment.

The story at Wipro Ltd in recent years has been a series of false starts. Even as revenue growth for its larger peers, Tata Consultancy Services Ltd (TCS) and Infosys Ltd, accelerated, Wipro lagged. But one metric where the company is scoring is cash conversion.

India is set to impose a nationwide ban on plastic bags, cups and straws on October 2, officials said, in its most sweeping measure yet to stamp out single-use plastics from cities and villages that rank among the world's most polluted.

With an aim to defy the future dependency on China with regard to procurement of lithium, Indian Oil Corporation (IOCL) is all set to announce an alumina-based battery, which will be used for running the electric vehicles.

The company executives said that a foreign company has been roped as a partner for development and research of the technology, and will introduce it in the market once all the regulatory and other approvals are in place.

If you thought acquiring a residential or commercial property through an e-auction by a PSU bank is safe, you are probably wrong. A Pune-based businessman learnt this, thanks to his proactive approach in doing a due diligence on the property and not taking the PSU bank's disclosures on face value.

Mobile phone services which were snapped across Jammu and Kashmir since August 5 have been resumed in five districts of Jammu region. The services have been resumed in Doda, Kishtwar, Ramban, Rajouri and Poonch.

Communication channels were suspended in J&K in wake of the revocation of Article 370.

Economists at the state-run State Bank Wednesday hit out the defenders of the central bank autonomy, saying the RBI's independence has been "misunderstood by the intelligentsia".

In a note prepared in the context of the Bimal Jalan committee report which cleared transfer of Rs 1.76 trillion of its surpluses to the government, the economists said fears of "heavens falling" stoked by the "scholars" have been given a burial by the panel's recommendations.

India captain Virat Kohli maintained his slender six-point lead over Steve Smith while speedster Jasprit Bumrah made his maiden entry into the top-10 of the latest ICC Test rankings released on Tuesday.

The biggest gainer, however, was all-rounder Ben Stokes following his stupendous effort in the third Test against Australia at Headingley. It has helped him reach career-best positions among batsmen and all-rounders. He is now 13th among batsmen and second among all-rounders.

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