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Category: Business
US Firms Evince Interest to Invest in Uttar Pradesh
Lucknow: In a significant boost to job opportunities in Uttar Pradesh, over two dozen US companies on Monday evinced keen
For 3 Months After Demonetisation, Wealthy Indians Spent 500% More On Foreign Holidays
A fortnight before the first anniversary of demonetisation, these figures raise questions whether some wealthy Indians chose to blow away
Sensex up by 21 points
At the stock markets, after a strong opening, the Sensex at the Bombay Stock Exchange swung between losses and gains,
Indian Energy Exchange Falls on Market Debut After $154 Million IPO
“Indian Energy Exchange’s market debut slump is a clear case of euphoria chasing anything that’s coming in the IPO market,
Gold Hits Two-week Low as US Dollar Rallies vs Japanese Yen
Mumbai: Gold hit its lowest in over two weeks on Monday, as the dollar climbed to a three-month high versus
Japan Shares at Two-Decade Top, Yen Near Three-Month Low as Abe Wins
Sydney: Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe’s ruling bloc gave
Sensex Bounces 224 Points in Early Trade on Positive Asian Cues
Mumbai: The benchmark BSE Sensex recovered about 224 points and the NSE Nifty regained the 10,200 mark in early trade
Rupee Declines 7 Paise Against Dollar in Early Trade
The benchmark BSE Sensex rose by 223.86 points, or 0.69 per cent, at 32,613.82 in early trade. PTI Updated:October 23,
ONGC plans to raise oil output by 4 MT by 2020
State-run Oil and Natural Gas Corporation (ONGC) has drawn a blueprint to raise crude oil production by 4 metric tonne
Bangladesh Signs Gasoil Import Deal With India
Dhaka: Bangladesh on Sunday signed a long-term sales and purchase agreement with an Indian refiner to import gasoil to meet
Infosys Q2 Results: Analysts Expect Concrete Guidance, Stability
New Delhi: Ahead of Infosys’ second quarter earnings announcement, analysts expect the outcome of the board meeting to reflect on
Banking Sector Stares at Additional Rs 40,000 Crore NPAs
New Delhi: The banking sector fears accretion of more than Rs 40,000 crore of bad loans to its books following
ONGC Plans to Raise Oil Output by 4 Million Tonne by 2020
New Delhi: ONGC has drawn a blueprint to raise crude oil production by 4 million tonne (MT) and almost double
‘I am Being Sacked’, Cyrus Mistry Texted Wife Before Tata Board Meet
New Delhi: Former Chairman of Tata Sons, Cyrus Mistry, texted his wife Rohiqa on October 24, 2016 that he was
Facing Coal Shortage, Nalco Closes Captive Power Plant
While the aluminium major required at least 17,500 MT of coal everyday, it is getting only 13,000 MT from Bharatpur
Put Mandatory Aadhaar Linking With Bank Accounts on Hold: AIBOC
New Delhi: Joining the Aadhaar seeding debate, public sector banks’ officer union has demanded that mandatory linking of biometric identity
Govt Fixes Sovereign Gold Bond Rate at Rs 2,971 Per Gram
As per the calender it will open for subscription from Monday to Wednesday of every week starting from October 9
Gold falls to Rs 30,650
Gold fell 100 rupees, to 30,650 rupees per ten grams at Delhi’s bullion market, today, on weak demand from jewellers.
Don’t Believe the Rumours, Linking Aadhaar to Bank Accounts is Mandatory, Says RBI
RBI said in a statement the requirement remained in force under anti-money laundering rules. Reuters Updated:October 21, 2017, 4:21 PM
China Still on Track to Hit Growth Target Despite Winter Smog War, Says State Planner
Beijing: China’s economy is on track to meet its official growth target for 2017, the head of the state planning
Fed’s Janet Yellen Defends Past Policies as Donald Trump Mulls Top Fed Pick
Washington: Federal Reserve Chair Janet Yellen said on Friday that asset purchases and other unconventional policy tools must remain part
Narendra Modi Hails IFFCO’s Measures for Farmer’s Upliftment
IFFCO’s contribution in the upliftment of farmers and co-operative organisations is praiseworthy, said Prime Minister Narendra Modi said in a
GSTN launches excel-based offline tool to file initial GSTR-3B returns
Goods and Services Tax Network (GSTN) has launched an excel-based offline tool for businesses to file initial GSTR- 3B returns.
SEBI Bans Grass Root Finance, 13 Others From Markets
A probe by SEBI found that the company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and
Centre Gives Green Nod to Rs 1,400 Crore Airport at Rajkot
The state government has proposed a new airport in Rajkot district as the existing one is small and the earlier
Four Foreign Firms in Contention For Submarine Project P-75(I)
New Delhi: Four foreign ship-builders have emerged as the main contenders for the government’s ambitious project to build six advanced
Workers at Tata Steel’s Dutch Arm Oppose Thyssenkrupp Merger
Works council chairman Frits van Wieringen said that, after viewing the two companies’ memorandum of understanding, he was concerned they
4 Tips to Reclaim Your Financial Health Post Diwali Shopping Spree
After a week of splurging on not-so-necessary items, it’s time to balance our budgets and take control on our financial
India’s Fuel Demand up 10 Percent in September
Diesel sales in September surged 16.5 percent to 6.08 MT while petrol consumption jumped 17.85 percent to 2.14 MT. Cooking
33 Lakh GSTR-3B Returns Filed Till Noon: GSTN Chairman
New Delhi: As many as 33 lakh GST returns for September have been filed till noon and 75,000 sales data
5 Simple Tips to Payback Your Debt Faster
Listing your debts will make your target and deadlines clear as you’ll know which loan is costing you more interest.
RBI 623 Assistant Posts Recruitment 2017: Online Application Process Begins at rbi.org.in
The recruitment will be done in two phases via Preliminary Exam and Mains Exam. Candidates would be given 1 hour
Air India Seeks Rs 1,500 crore Short Term Loans for ‘Urgent’ Capital Needs
New Delhi: Disinvestment-bound Air India has sought proposals for short-term loans worth Rs 1,500 crore to meet “urgent” working capital
Diwali Muhurat trading: Gold jumps Rs.76 per 10 grams
In the special Diwali Muhurat trading in Mumbai today, Gold added to its sparkle as the price jumped 76 rupees
Policymakers Tread With Caution as Divide Deepens in RBI Over Rate Cut
New Delhi: The minutes of the October meeting of the Monetary Policy Committee suggests a widening rift within the panel
Prime Minister Narendra Modi Calls on Companies to Invest in Kedarnath as Part of CSR Outreach
PM Modi was in the hill shrine on Friday to inaugurate a new township close to the temple. In his
Dalal Street Heavyweight Jhunjhunwala Predicts ‘Very Very Long Bull Run’, Bets on Pharma
Although Jhunjhunwala declined to name individual stocks, he said that Indian equity would give returns of 15%. Rakesh Jhunjhunwala, CEO,
BP Says Chairman Carl-Henric Svanberg Has Decided to Step Down
London: British energy major BP said Thursday that chairman Carl-Henric Svanberg has decided to step down after a spell of
Air India Disinvestment: Unions to Meet to Discuss Strategy Next Week
Mumbai: Air India unions are likely to meet next week in the national capital to discuss their strategy amid the
Sensex Off to Positive Start in Muhurat Trading, Rises 72 Points
The Sensex was trading higher by 72.40 points, or 0.22 per cent to quote at 32,656.75. The gauge has shed
Rupee Sheds Early Gains, Closes Marginally Lower at 65.04
Retreating during the day, the rupee finally closed at 65.04 against the dollar amid the overall sentiment in the forex
Government Imposes Curbs on Gold Import by 4, 5 Star Export Houses
According to an official, the restrictions imposed by the Directorate General of Foreign Trade (DGFT) is aimed at curtailing gold
Banks to provide funds at 7% to women SHGs under DAY-NRLM: RBI
The RBI today said banks will provide funds to women self help groups, SHGs, in rural areas at 7 per
Inflation, Fiscal Uncertainty Led to Rate Status Quo, Says RBI
Mumbai: Citing medium term risks to inflation and uncertainties on external and fiscal fronts, RBI Governor Urjit Patel had pleaded
Hit by DeMo-GST, Corporates Slash Gifts by 35-40%: Assocham
Lucknow: In sync with low-key festivities due to slowdown concerns and pressure on their balance sheets, corporate India is going
Gold Sparkles on Diwali Demand, Tops Rs 31,000
Bullion traders said increased buying by local jewellers, driven by Diwali festival demand in domestic spot markets, mainly led to
Sensex declines 7 points, to 32,602
At the stock markets, after a weak opening, the Sensex at the Bombay Stock Exchange recovered much of the lost
Rupee recovers by 7 paise to 64.95 against dollar in early trade
The rupee recovered by 7 paise to 64.95 against the dollar in early trade today on mild selling of the
Sensex Drops 100 Points on Muted Earnings, Profit-booking
Mumbai: The BSE Sensex fell over 100 points to 32,508.42 at the start of the last trading session of the
Wipro Net up 6%, Revenue Dips 2.5% in Second Quarter
Bengaluru: Software major Wipro on Tuesday reported a Rs 2,190 crore net profit for the second quarter (Q2) of fiscal
Axis Bank Net Jumps 38% on Lower Base; Asset Quality Worsens
Mumbai: Private sector Axis Bank on Tuesday posted a a 38 per cent rise in September quarter net profit at
Jewellers See no Sparkle in Sales this Dhanteras
New Delhi: Gold and jewellery sales may remain flat this Dhanteras amid sluggish demand from consumers despite relaxation in KYC
Tax on Petrol, Diesel Slashed in Chandigarh
The administration on Tuesday announced that the value added tax (VAT) on diesel or high speed diesel will be reduced
Any New Initiative Will Face Problems: VP Naidu on GST Issue
“Any new legislation, any transformation, there will be some problem and there are problems, how can anybody deny, the debate
India Likely to Stick to Deficit Target, May Step up Bank Reform, Says Surjit Bhalla
Many policy makers in New Delhi, including the head of a government policy think tank have suggested fiscal stimulus is
India Looks to Cut Dependence on Middle East, Tests US Crude Oil
New York/New Delhi: India is set to emerge as a key market for American crude exports in coming months, as
India Likely to Stick to Deficit Target, May Step up Bank Reform, Says PMEAC Member
Surjit Bhalla, a member of Prime Minister Narendra Modi’s Economic Advisory Council, told Reuters in an interview however, that the
Sensex falls 62 pts, Nifty 12 points
At the stock markets, after early weakness, the Sensex at the Bombay Stock Exchange swung between losses and gains, and
Infosys to Announce Q2 Results on October 24
Infosys’s larger rival, Tata Consultancy Services announced its second quarter earnings last week, while others are slated to do so
FM launches gold options trading on MCX
Finance Minister Arun Jaitley today launched gold options trading on the leading commodity bourse MCX and said this is one
Dhanteras Regains Lost Sparkle as Jewellery Sales Pick up After ‘Worst Period’
New Delhi: Dhanteras may finally start looking rosy again. Jewellery sales, which were subdued, have started to pick up in
Sensex, Nifty Retreats from Record on Profit Booking
The 30-share index fell by 56.19 points or 0.17 per cent to 32,577.45 in early trading. It had opened higher
Rupee Falls by 15 Paise to 64.89 Against Dollar in Early Trade
Dealers said the dollar’s gains against some other currencies overseas also impacted the domestic currency. PTI Updated:October 17, 2017, 10:11
India to Attract $10 Billion Investment in Food Processing Sector
Union Food Processing Industries Minister Harsimrat Kaur Badal said on Monday the retail sector in India offered a large demand-driven
Pakistan Needs USD 17 Billion to Cover Rising Current Account Deficit: World Bank
“Pakistan is facing headwinds in the external sector and a rising fiscal deficit that could put macro-economic management at risk,”
Airbus to Take Majority Stake in Bombardier C-Series Jet Programme
Paris: Airbus will take a majority stake in Bombardier’s marquee C-Series airliner programme, the companies announced, as the Canadian firm
India Prefers Domestic Buyer for Air India: Government Source
Earlier this year the government said it would sell its stake in the loss-making airline but it has yet to
66 Machines Being Used to Count Demonetised Notes: RBI
New Delhi: At least 66 Sophisticated Currency Verification and Processing (CVPS) machines are being used for counting junked Rs 500
RIL Shares Gain Nearly 2% After Q2 Results
The stock gained 1.71 percent to touch its one year high of Rs 891.70 on BSE. It, however, gave up
WPI Inflation Eases to 2.60 Percent in September
New Delhi: Wholesale inflation fell to 2.60 per cent in September as prices of food articles, led byvegetables, softened. Inflation,
Sensex surges 254 pts to touch all time high of 32,687 in opening trade
The Sensex at the Bombay Stock Exchange surged 254 points to touch an all-time high of 32,687 in the opening
Sensex Hits New Peak of 32,687.32; Nifty at 10,242.45 Points
Mumbai: The benchmark BSE Sensex and the broader Nifty climbed to new life-time highs of 32,687.32 and 10,242.45 points, respectively,
Rupee Spurts 25 Paise Against Dollar in Early Trade
Stock markets opening with gains bolstered the rupee sentiment. However, the dollar’s strength against other currencies overseas capped the gains,
Pent-up GST Demand Expected to Boost Diwali Sales of Consumer Durables
New Delhi: With Diwali around the corner, industry players are betting big on sales of consumer durables like 4K smart
Bring Real Estate Under GST: Sisodia Writes to Arun Jaitley
In a letter to Jaitley, Sisodia said if real estate comes under the new indirect tax regime, exorbitant hike in
Never Spoke of Fiscal Stimulus to Revive Growth, Says Arun Jaitley
Washington: There was never any talk by the Indian government about announcing a fiscal stimulus package for boosting the economy,
Slowdown Bottomed Out, GDP Likely to Grow 7 Per Cent in FY18: NITI
New Delhi: Niti Aayog Vice Chairman Rajiv Kumar has said the economic slowdown that began in 2013-14 has bottomed out
Tea Board Proposes Rs 100 Crore Package for Darjeeling Gardens
The Darjeeling Tea Association (DTA), however, had sought a much higher package to compensate for the revenue loss and for
Tata Steel Targets 20 Percent Women in Workforce by 2020
Mumbai: Tata Steel targets to have 20 per cent women in its workforce by 2020 as gender diversity ensures availability
Great Interest About India Among Investors in United States: Finance Minister Arun Jaitley
Washington: There is a great interest about India in the United States and among its investors, Finance Minister Arun Jaitley
IMF Chief Backs Note Ban and GST, Says Indian Economy on ‘Very Solid Track’
Washington: Days after the International Monetary Fund lowered its growth forecast for the current and the next year, IMF chief
IMF Denies Endorsing Universal Basic Income to Replace PDS
Washington: The IMF on Sunday shot down media reports speculating that it was pushing for the Public Distribution System (PDS)
Low Productivity in Advanced Economies Worrisome, Says Arun Jaitley
Washington: Even as the gathering pace of global economic recovery is reassuring, the persistence of low productivity and potential growth
IndusInd Clinches Largest MFI Deal, Takes Over Bharat Financial
Mumbai: Ending months of speculation, IndusInd Bank and the second largest microlender Bharat Financial Inclusion (BFIL) on Saturday announced largest
Govt to Bring 12 Lakh Hectares of Land Under Micro-Irrigation: Agri Minister
New Delhi: The Centre is working towards bringing 12 lakh hectares of land under micro-irrigation in the current fiscal, Agriculture
IMF Favours Three Structural Reforms in India
Washington: The IMF has suggested a three-pronged approach to structural reform in India that includes addressing the corporate and banking
India has High Growth Potential for Next Two Decades: Arun Jaitley
Washington: India has the potential to grow at a reasonably high level in the next decade or two, owing to
A Cheaper, Faster Rajdhani Between Delhi and Mumbai This Diwali
New Delhi: A new, cheaper and faster Rajdhani is the Railways’ Diwali gift to commuters on the Delhi-Mumbai route. The
India’s Trade Deficit Narrows to 7-month Low of $8.98 billion in September
Merchandise exports for September rose 25.67 percent from a year ago to $28.61 billion, mainly driven by a rise in
RIL Q2 Net Profit up 12.5 Percent to Rs 8,109 Crore
The company’s revenue rose 23.9 percent to Rs 1,01,169 crore in the reported quarter as against Rs 81,651 crore in
Govt Raises $1.75 Billion in IPO of Reinsurer GIC Re
Mumbai: The government raised 113.7 billion rupees ($1.75 billion) on Friday by selling some of its shares in General Insurance
India Should Prioritise Public Banking Sector Reforms: IMF
Washington: India must prioritise implementation of public banking sector structural reforms, enhance the efficiency of labour and product markets, and
Small Savings for Big Dreams
Savings largely depend on our income; however, by cutting short on some redundant but unnecessary expenses can lead us to
Bharti Airtel Jumps 8% on Tata Mobile Unit Deal
Shares of Tata Teleservices Maharashtra Ltd (TTML) zoomed 9.95 per cent to Rs 4.86 — its highest trading permissible limit
Taking India-US Trade to $500 Billion Not a Distant Dream: Arun Jaitley
Washington: The goal of increasing the annual trade between the US and India to USD 500 billion is not a
Sensex Climbs 211 Points, Bharti Airtel Zooms 6 Percent on Tata Teleservices Deal
Mumbai: Driven by strong IIP numbers and an unchanged inflation, the Sensex on Friday rallied over 211 points to 32,393,
Rupee Shines on Macro Data Lift, Climbs 19 Paise to 64.89
A stronger opening in domestic stocks and the dollar’s reduced strength against some currencies overseas kept the rupee on a
Samsung Electronics CEO Kwon Announces Shock Resignation as Profits Surge
Seoul: Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from
China Lifting 800 Million People Out of Poverty is Historic: World Bank
Washington: China lifting more than 800 million people out of poverty since the start of its economic reform is a
Take Decisions to Make Economic Recovery Sustainable: IMF Chief to Policymakers
Washington: IMF chief Christine Lagarde on Thursday called on the policymakers to take benefit of the global broad-based economic recovery
Govt Invites Bids For Strategic Disinvestment of 4 PSUs
New Delhi: The government has invited bids from central public sector enterprises (CPSEs) for buying its entire shareholding in consultancy
RBI Floats Draft Norms For Setting up ETPs For Financial Market Instruments
Mumbai: Aimed at ensuring transparency, the RBI on Thursday floated draft directions for setting up of Electronic Trading Platforms (ETPs)
SEBI Orders Release of Triumph International Finance India’s Accounts
Last month, SEBI had ordered the attachment of bank and demat accounts and the mutual fund folios of Triumph International
Retail inflation at 3.28 per cent in September
Retail inflation stood at 3(point)28 per cent in September this year, unchanged from August. Retail inflation had stood at 4.39
IIP rises to 9-month high of 4.3% in August
The country’s industrial production grew at a nine-month high of four point three percent in August this year. This was
Factory Output at 9-month High, Retail Inflation Stays Steady
New Delhi: Industrial production grew at a nine-month high of 4.3 percent in August on account of robust performance of
September Retail Inflation at 3.28 Percent; Unchanged From August
New Delhi: Retail inflation came in at 3.28 percent in September, unchanged from August, despite softening of vegetable and cereal
IIP Growth Rises to 9-month High of 4.3 Percent in August
New Delhi: Industrial production grew at a nine-month high of 4.3 percent in August, mainly on account of robust performance
Consumer Inflation Eases to 3.28 Percent in September: Expert Views
New Delhi: The country’s annual consumer inflation in September marginally eased to 3.28 percent from a year ago, while industrial
JNPT Container Traffic Rises 6 Percent in H1 FY18
Jawaharlal Nehru Port Trust (JNPT), which handled a record 4.5 million TEUs in the previous financial year, has sustained its
Monsanto Settles Rs 300 Crore Royalty Dispute With 3 Local Seed Cos
New Delhi: US biotechnology major Monsanto’s Indian JV has settled royalty dispute with three Indian cotton seed companies that have
Sensex gains momentum in afternoon trade, jumps to 31,990
At the stock markets, after a firm opening, the Sensex at the Bombay Stock Exchange suddenly gained some momentum in
Direct tax collections in the first half of the current financial year rise 15.8 percent
The Direct Tax Collections in the first half of the current fiscal shows growth of 15(ponit)8 per cent. Finance Ministry
Sensex opens at 31,887 levels
The benchmark, BSE Sensex surged 138 points in late morning trade today. It was trading at 31,972 a short while
Sensex Moves up 113 Points, Nifty Climbs Above 10,000
Mumbai: The benchmark Sensex went up 113 points and the NSE Nifty seized control of 10,000 level on Thursday as
Working on Plan to Rebuild Capacity of Banking Sector, Says Arun Jaitley
Washington:Finance Minister Arun Jaitley has said the Indian government is working on a plan to rebuild the capacity of the
Rupee Holds up, Climbs 4 Paise to 65.10 Against Dollar
The benchmark Sensex rose by 112.53 points, or 0.35 per cent, to 31,946.52, in early session PTI Updated:October 12, 2017,
Real Estate Under GST Ambit? Strong Case for It, Says Arun Jaitley
Washington: Identifying real estate as the one sector where maximum amount of tax evasion takes place, Finance Minister Arun Jaitley
India, Japan to Team up to Get More Flexible LNG Deals
New Delhi: India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its
Weak Banks and Corporates Leave India Vulnerable, Says IMF
A recent study, according to International Monetary Fund Financial Counsellor Tobias Adrian, showed that Indian banking sector was vulnerable given
Offshore Work Contracts For Oil, Gas Exploration to Attract 12% GST: Govt
[unable to retrieve full-text content]The GST Council also decided that the import of rigs and ancillary goods imported under lease
Petrol Pump Dealers Withdraw All-India Strike Call
The dealers are protesting marketing guidelines amended by public sector oil marketing companies (OMCs), which introduce stringent penal action for
Supreme Court’s order on Privacy protects Aadhaar: Arun Jaitley
Finance Minister Arun Jaitley has said, the recent Supreme Court order on the right to privacy lays down the correct
Direct Tax Collections in first half of current fiscal shows growth of 15.8%
The Direct Tax Collections in the first half of the current fiscal shows growth of 15.8 per cent. Finance Ministry
No plan to reduce VAT charge on petroleum products: Tripura’s FM
Tripura’s finance minister Bhanulal Saha has said that the state government has no plan to reduce VAT charge on petroleum
India Inx to Launch Trading in Crude Oil Futures This Month
Accordingly India INX (India International Exchange) will commence trading in WTI Crude Oil from October 20 and Brent Crude Oil
Markets Turn Cold After Macro Estimates, Nifty Drops Below 10k
Mumbai: Disappointing macro estimates on Wednesdy laid investors low as the Sensex and the Nifty squandered their early advantage and
In Its 1st Meeting, PM Modi’s Economic Council Identifies Reasons For Slowdown
New Delhi: In its first meeting on Wednesday, the five-member Prime Minister’s Economic Advisory Council (EAC-PM) reached a consensus on
Sensex up by 104 points; reclaims 32,000 mark
The Benchmark BSE Sensex reclaimed the 32,000 mark by rising 104 points to 32,028 and Nifty went above 10,050 in
Market Rally Continues, Sensex Above 32,000
Retail investors and domestic financial institutions built up positions ahead of release of data sets of IIP for August and
Rupee Jumps 10 Paise to 65.18 Against Dollar
Banks and exporters turned their back on the greenback. The rupee looked good, taking support from a higher opening in
Demonetisation, GST Affected India’s Economic Momentum: World Bank
Washington: India’s economic momentum has been affected by disruptions from the withdrawal of banknotes and uncertainties around the Goods and
Economy May Grow at 6.5% for 2017-18, Says Rangarajan
Former RBI Governor C Rangarajan on Tuesday opined that as the banks are presently loaded with non-performing assets, any signal
Vistara Offers Low Fares Starting at Rs 1,149
The sale of tickets under the 48-hour festival offer commences from mid-night on Tuesday and the travel period will be
IMF Lowers India’s Growth Forecast Over Demonetisation, GST
Washington: The International Monetary Fund (IMF) on Tuesday lowered India’s growth projection to 6.7 % in 2017, 0.5 percentage points
Badal Invites German Companies to Invest in Food Frocessing Sector
The Food processing ministry is gearing to host over 30 countries and 2,000 companies at World Food India 2017 to
Sensex Rises For 3rd Day; Nifty Above 10,000
The broader NSE Nifty closed above the 10,000-mark for the first time since September 21, gaining 28.20 points, or 0.28
Bold Reforms Have put India Firmly on Growth Path: OPEC
New Delhi: India is experiencing some of the greatest structural changes as bold new reforms like note ban and GST
Centre imposes anti-dumping duty on imports of steel wire rods from China
The Centre has imposed anti-dumping duty on imports of certain steel wire rods from China for five years, with a
SEBI Moves Contempt Plea Against Sahara For Obstructing Aamby Valley Auction
SEBI further said that Sahara was breaching the Supreme Court’s order to cooperate with Aamby Valley auction proceedings. File photo
Sensex Starts Off High, Nifty Regains 10k Mark
Mumbai: The market made a strong start on Tuesday as the benchmark Sensex surged 111 points, mainly driven by domestic
Rupee Jumps 11 Paise Against Dollar to 65.25
According to traders, Rupee uptrend got a leg-up from a positive opening in the local stock market. PTI Updated:October 10,
Indian Oil Corp Buys New US Crude Grades for December Delivery, Say Sources
India joined other Asian countries in buying US crude in the fourth quarter to widen its import sources as well
Attempts to Derail GST Have Failed, Says Finance Minister Arun Jaitley
Washington: Responding to a question on the biggest challenged to GST, Finance Minister Arun Jaitley said that there are “attempts”
Attempts to Derail GST Have Failed, Says FM Arun Jaitley
Washington: Responding to a question on the biggest challenged to GST, Finance Minister Arun Jaitley said that there are “attempts”
Last date for filing GSTR-1 for July ends today
Today is the last date for filing GSTR-1 return for the month of July and there will be no further
Centre will consult states on bringing petroleum products under GST: PM
Prime Minister Narendra Modi has said the Centre will consult states on bringing petroleum products under the ambit of Goods
Pepsico India CEO Shivakumar Quits, to Join Aditya Birla Group
Shivakumar has been replaced by Ahmed El Sheikh, Senior Vice President and General Manager for PepsiCo Egypt and Jordan, PepsiCo
Anti-dumping Duty Imposed on Certain Chinese Steel Products
The commerce ministry had found that ‘wire rod of alloy or non-alloy steel’ has been exported to India at below
India Post Payments Bank to Promote Financial Inclusion: Manoj Sinha
New Delhi: Communications Minister Manoj Sinha on Monday said the government is working on establishing 650 branches for India Post
Exporters’ Pending GST Refunds to be Cleared in 2 Months: Hasmukh Adhia
New Delhi: The government will clear pending GST refunds of exporters by November-end and over the next six months no
Indian Energy Exchange Ltd (IEX) Launches Rs 1,000-crore IPO
The issue by which the company is selling 60, 65,009 shares or 20 percent of the post-issue paid-up capital is
Indian Energy Exchange Ltd (IEX) Launches IPO to Raise Rs 1,000 Crore
The issue by which the company is selling 60, 65,009 shares or 20 percent of the post-issue paid-up capital is
Weinstein Co Board Ousts Harvey Weinstein After Harassment Allegations
Weinstein Co Board said that Harvey Weinstein was taking an indefinite leave of absence after the New York Times reported
Growth Important, But Not at Cost of Inflation: RBI Governor Urjit Patel
“Growth is always there in the MPC’s scheme of things; we don’t lose sight of that, but not at the
Sensex Opens With Gains, Nifty Trades Positive Too
The 30-share index rose 67.10 points, or 0.21 percent, to 31,881.32. The gauge had soared 222 points in the previous
Rupee Goes up 6 Paise Against Dollar at 65.32
The dollar losing sheen against other currencies overseas supported the local unit, traders said. A higher start in domestic equities
FM Arun Jaitley to be on official visit to US from today
Finance Minister Arun Jaitley will be on an official visit to the US from today. During the week long visit,
Saudi Aramco Opens Office in India, Eyes Higher Sales
Saudi Aramco CEO Amin H Al-Nasser opened the office of the company’s subsidiary, Aramco Asia India, at Gurugram, an official
Barring Auto, Even Retail Loans See Spike in Bad Loans: Report
Education loans and commercial vehicle loans reported one of the biggest spikes in the proportion of NPAs, while the auto
OPEC Should go for ‘Responsible Pricing’: Indian Oil Minister
New Delhi: India on Sunday pressed oil cartel OPEC to adopt “responsible pricing” for oil and consider the world’s third-biggest
IndiGrid Approves Acquisition of 3 Power Transmission Assets
These acquisitions result in a 40 per cent increase in assets under management, from Rs 3800 crore to Rs 5300
RBI to soon launch financial literacy drive in 9 states
The Reserve Bank of India (RBI) is to launch a financial literacy drive in 80 blocks in nine states on
GST Rate Cut on Man-Made Yarns to Give Immediate Relief: AEPC
AEPC also demanded that the government look into the issue of embedded taxes on exports. PTI Updated:October 8, 2017, 4:26
AMCs See SEBI Move Spawning Consolidation, Number of Funds Dipping to Around 1,300
Mumbai: The Sebi’s decision to categorise the number of similar mutual fund schemes and also to cap ‘me-too’ products will
GST, demonetisation having desired impact, Says Arun Jaitley
Washington: Modi government’s initiatives like Swachh Bharat, Goods and Services Tax (GST) and demonetisation are having desired impact, with the
RBI Places Curbs on Oriental Bank of Commerce for Bad Loans
Net NPA of Oriental Bank of Commerce rose to 9.56 percent of net advances as of June 2017, against 8.11
RBI Places Lending, Dividend Distribution Curbs on OBC For High Bad Loans
Net NPA of Oriental Bank of Commerce rose to 9.56 percent of net advances as of June 2017, against 8.11
Q1 GDP Decline Temporary, Economy Will Bounce Back, Says Ravi Shankar Prasad
Gandhinagar: Union minister Ravi Shankar Prasad on Saturday tried to deflect the criticism arising from the steep fall in growth
Raghuram Rajan Among Probables for Economics Nobel Prize, Says Clarivate
Raghuram Rajan is one of the six economists on the list of probable winners complied by Clarivate Analytics, a company
54,000 Petrol Pumps to Go on Nationwide Strike on October 13
The demands include implementation of the pending agreement signed with oil marketing companies on November 4, 2016, scrapping unfair penalties
Zydus Cadila’s Anti-Depressant Drug Gets US Regulatory Nod
According to the drugs major, it has received approval to market the tablets in strengths of 10 mg, 25 mg,
Khakra, Roti, Real Zari Among 27 Items to Cost Less After GST Cut
The tax rate on services, including government contracts involving large labour, job work services in relation to imitation jewellery, some
Govt Tweaks GST Formula: Here are the Five Key Takeaways
New Delhi: The GST Council on Friday approved changes to give relief to small and medium businesses on filing and
Jaitley Announces GST Goodies for Small Businesses, Exporters to Boost Economy
New Delhi: Amid tepid GDP growth numbers and criticism from small businesses and export houses, Finance Minister Arun Jaitley-led Goods
Despite Cut, India’s Fuel Rate 2.5 Times of Singapore Benchmark: Moody’s
New Delhi: A cut of up to Rs 2.5 per litre in petrol and diesel prices notwithstanding, auto fuel rates
Despite Cut Fuel Rate 2.5 Times of Singapore Benchmark: Moody’s
New Delhi: A cut of up to Rs 2.5 per litre in petrol and diesel prices notwithstanding, auto fuel rates
SEBI Categorises Mutual Fund Schemes to Help Investors
The categories are equity, debt, hybrid, solution-oriented and others, the Securities and Exchange Board of India (SEBI) said in a
Indian Exports to China up by 40.69 Percent in Jan-Aug Period
Beijing: India’s exports to China, which have been showing signs of revival this year after years of slump, registered a