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-
DBT transfers increase 47 per cent, but little growth in saving
Transfers of assorted subsidies and sops to the beneficiaries through the direct benefit transfer (DBT) route stood at Rs 2.8 lakh crore so far in FY19, 47% higher than such transfers during the whole of the previous year. -
Most farmers don’t know they receive fertiliser subsidy: Survey
The Centre spends some Rs 70,000 crore annually to heavily subsidise fertiliser for farmers, but two-third of the beneficiaries have no idea that they receive the largesse, a survey has found. About 90% of them, however, know that Aadhar is required to buy fertilisers. -
8.73 lakh jobs created in IT sector in five years: Ravi Shankar Prasad
As Congress and other Opposition parties are raking up the issue of job losses, electronics and IT minister Ravi Shankar Prasad on Wednesday said that in the past five years, 8.73 lakh new jobs have been created in the IT sector. -
Nirav Modi in possession of three passports, UK court told
The 48-year-old's defence team, led by barrister George Hepburne Scott, told the court about the existence of the multiple travel documents during his plea for bail, which was rejected by District Judge Marie Mallon. -
260 Boeing 737 pilots of Jet Airways appear for SpiceJet interview in Mumbai
Nearly 260 Jet Airways’ pilots, who fly the Boeing 737, appeared for an interview conducted by low cost carrier SpiceJet in Mumbai on Wednesday. Among the pilots were 150 captains -
260 B737 pilots of Jet appear for SpiceJet interview
Nearly 260 Jet Airways’ pilots, who fly the Boeing 737, appeared for an interview conducted by low cost carrier SpiceJet in Mumbai on Wednesday. Among the pilots were 150 captains -
Long time before Nirav Modi is extradited: Top UK law expert
Modi was held after a UK court executed an arrest warrant issued against him by the Westminster Court on March 13, which was described as "a major victory" by India. -
UK court denies bail to Nirav Modi, next hearing on March 29
Modi allegedly cheated Punjab National Bank through fraudulent issuance of Letters of Undertakings and Foreign Letters of Credit. -
Lenders trying to revive Jet by management change
With Jet flying just about a third of its fleet, defaulting on interest payments and delaying salaries to pilot, SBI chairman Rajnish Kumar along with aviation secretary Pradip Singh Kharola and principal secretary to Prime Minister Nripendra Misra met Jaitley on Wednesday afternoon. -
CBI arrests senior Airports Authority of India officer while taking bribe
The official had allegedly demanded a bribe of Rs 4 lakh for each allotted tenders to the company for 'D' category airports. -
Exim Bank to give $800 mn credit to Maldives for developmental projects
Exim Bank has extended a Line of Credit (LOC) of USD 800 million to Maldives for financing developmental projects. -
SpiceJet in talks to lease some of Jet Airway's grounded planes: Source
The 25-year-old airline has defaulted on loans after racking up over $1 billion in debt. -
ED to sell 173 paintings, 11 vehicles of Nirav Modi
The ED will put on sale the 173 paintings of Modi which are valued at Rs 57.72 crore and eleven vehicles that include Rolls Royce, Porsche, Mercedes and Toyota Fortuner. -
IT Minister Prasad says Congress lying on jobs, shows NASSCOM data of last 5 years
Confronting the Opposition over the jobs crisis barb, the minister challenged the Congress to show just how many jobs had been generated in their tenure. -
Lenders to make every effort to keep Jet Airways flying: SBI
The pilots union of Jet Airways had on Tuesday threatened to stop flying from April 1 if their salaries are not paid by March 31. -
EU regulators fine Google €1.49 billion for blocking advertising rivals
"Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites," European Competition Commissioner Margrethe Vestager said. -
EU fines Google $1.7 bn for blocking ad rivals
The European Union antitrust chief, however, gave a cautious welcome to Google's measures to boost competition and give Android users a choice of browsers and search apps, suggesting the company's regulatory woes may be coming to an end. -
India calls for greater market access in China as trade deficit widens
Misri said that another welcome area for the Chinese investment would be the hospitality sector, such as restaurants that cater to the Chinese palate, which in turn would be an attractive factor for Chinese tourists. -
SBI chairman says bankruptcy 'last option' for Jet Airways
"We believe that it is in everybody's interest that Jet Airways continues to fly," the SBI chairman, Rajnish Kumar, told reporters after a meeting with government officials, adding that placing Jet into bankruptcy would mean grounding the airline. -
SBI chairman says bankruptcy 'last option' for Jet
"We believe that it is in everybody's interest that Jet Airways continues to fly," the SBI chairman, Rajnish Kumar, told reporters after a meeting with government officials, adding that placing Jet into bankruptcy would mean grounding the airline. -
Nirav Modi arrested in London, to be produced in court shortly
The External Affairs ministry has already sent an extradition request to the United Kingdom. -
Sensex rises marginally, Nifty slips but closes above 11,500
FIIs were a net buyers worth Rs 2,132.36 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 1,253.67 crore, provisional data available with BSE showed. -
The Nirav Modi saga: Details of cases against disgraced billionaire diamantaire
A case under the provisions of PMLA, 2002, was recorded against Nirav Modi on February 14 last year. -
EU leaders will ask ministers to clear negotiating mandates for US trade talks
The EU has been in talks on trade with Washington since July 2018, when US President Donald Trump agreed to hold off new punitive tariffs while the two sides worked on ways to improve economic relations. -
Arun Jaitley’s GST formula for healthcare, rural development
The successful experiment of GST Council, which is a constitutional body for making recommendations to the union and state governments on issues related to goods and service tax, needs to be replicated in other areas. -
SpiceJet to lease some of Jet's grounded planes
SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes. The low-cost carrier is in talks with lessors to lease some of those aircraft. Shares of SpiceJet rose as much as 7.2 % in their biggest percentage gain since Dec 18 as investors bet the airline could take advantage of Jet Airways' woes. -
SpiceJet in talks to lease some of Jet Airway's grounded planes: Report
Shares of SpiceJet rose as much as 7.2 per cent on Wednesday in their biggest percentage gain since December 18 as investors bet the airline could take advantage of Jet Airways' woes. -
PNB scam: Nirav Modi arrested in London
The United Kingdom had responded to a Red Corner Notice issued by the agency against Nirav Modi last year, they added. The RCN was issued in June 2018 on a request from the agency to the Interpol. -
Nirav Modi denied bail, to be in custody till Mar 29
The United Kingdom had responded to a Red Corner Notice issued by the agency against Nirav Modi last year, they added. The RCN was issued in June 2018 on a request from the agency to the Interpol. -
India, Peru hold 4th round of FTA talks in Lima
Among the top-10 commodities that India exports to Peru are motor vehicles, cars, auto components, tyres, dyes, products of iron and steel, cotton yarn and fabrics. -
Toyota, Suzuki sign pact to supply India-produced vehicles for African market
Toyota will adopt newly developed Suzuki engines for compact vehicles. -
India takes largest leap in innovation; patent applications jump by more than 27%
India registered the largest innovation jump of any country last year. Patent applications jumped more than 27 per cent -- from 1,583 in 2017 up to 2,013. -
Interest groups behind RCEP: Is it really gainful for India?
India will have to overcome various market access barriers if it is to increase doubling its exports in agriculture, manufacturing and services sectors. -
GST Council-like institutions needed to promote healthcare, rural development: Arun Jaitley
The successful experiment of GST Council, which is a constitutional body for making recommendations to the union and state governments on issues related to goods and service tax, needs to be replicated in other areas. -
China paints a more pleasing visage for companies and investors
The NPC’s secretariat received 491 proposals – 487 proposed legislations and four regulatory recommendations. Li Zhanshu, Chairman of the NPC’s Standing Committee, pledged to move forward with “revising urgently needed laws for deepening market-based reforms.� -
Zee Business wins 3 prestigious awards at IBJA Awards 2019
The three awards were in the category of Best Business Channel, Icon of Business Journalism and Best Commodity Anchor. -
Modi’s infra push boosts credit growth, reverses 2-year trend; here’s how much power, telecom receive
The total credit outstanding to the sector surged by more than Rs 95,000 crore or 10.8 per cent between April 2018 and January 2019 to Rs 9.86 lakh crore, Reserve Bank of India (RBI) data showed. -
State with highest, lowest production oilseeds in last four years
Gujarat topped the chart for the highest production oilseeds in 2013-14 , and Madhya Pradesh in the following years. -
Key decisions on real estate sector taken by GST Council in the 34th meeting
The promoters shall be given a one -time option to continue to pay tax at the old rates on ongoing projects. -
Supertech looking to sell 9 lakh-sq-ft office complex in Noida for Rs 1,000 cr
The company has developed a 9 lakh sq ft office building in its 17.5 acre mixed-use project 'Supernova'. -
Maruti drives in updated Eeco with additional safety features
Additional features like speed alert system, ABS and airbag have been added in select variants. -
Jet Airways: Banks may infuse funds provided major shareholders pledge shares
The full service carrier is grappling with acute financial woes that has resulted in grounding of a significant number of planes, defaulting on debt repayments -
Xiaomi enters digital payment space, expands handset manufacturing
The company has received approval from the National Payments Corporation of India (NPCI) and has partnered ICICI bank for the service. -
Sebi directs FHL, FHsL to recover Rs 403 cr from Singh brothers, 7 others
Singh brothers, erstwhile promoters of FHL, have also been asked not to associate themselves with the affairs of FHL and FHsL in any manner. -
IDBI Bank to borrow up to Rs 4,000 cr via bonds next fiscal year
The borrowing would be comprised of Basel III-compliant tier-II bonds and senior bonds (not more than Rs 1,000 crore) by way of private placement during 2019-20, the bank said. -
CPSE ETF receives bids worth Rs 6,072 crore from anchor investors
This is the second CPSE (Central Public Sector Enterprises) ETF FFO in the current fiscal after Rs 17,000 crore raised in November 2018. -
Airtel transfers another 16.76% stake in Infratel to Nettle Infra
Airtel holds 53.51 per cent stake in Bharti Infratel. -
L&T, Mindtree come in open to counter each other over hostile deal
This is seen as the first hostile takeover bid in the Indian IT industry. -
RCom shares continue to gain, rally 10%
On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE.Shares of the company had zoomed 10 per cent on Tuesday too. -
Arun Jaitley says India’s growth story under Modi best since independence; what he says on ‘where are jobs?’
Even as the Modi government is being criticised for over credibility of economic data and lacklustre employment generation, Finance Minister Arun Jaitley rebutted the claims saying India’s economic growth story has been best since independence in the last 5 years.
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