SBI Signs MoU with Escorts for Tractor Financing

The aim of the tie-up with Escorts is to promote, market and make accessible, organised finance facility, with superior features,

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

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

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

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

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

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

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

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

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

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 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

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”

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