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-
RBI issues guidelines on net stable funding ratio
The RBI today issued detailed NSFR guidelines to ensure that banks maintain a stable funding profile in relation to the composition of their assets and off-balance sheet activities. -
At Rs 12 crore, gold-plated and diamond-studded Harley becomes world's costliest bike
Stop counting what all Rs 12 crore can buy and scroll down. This bike is not for sale anyway. -
Mumbai APMC to get international standard facilities: Subhash Deshmukh
The Maharashtra government will provide international standard facilities for the Mumbai Agricultural Produce Market Committee (APMC) in Vashi, one of the biggest agricultural wholesale markets in Asia. -
India#39;s demographics to boost gold jewellery demand: WGC
The gold jewellery demand is likely to face pressure in the long term, however, the country#39;s demographics will offset the trends and boost demand, the World Gold Council (WGC) said in a report today. -
Will airfares come down? Civil Aviation Ministry may approach GST Council for inclusion of ATF
The Civil Aviation Ministry is likely to approach the GST Council soon for bringing aviation turbine fuel (ATF) under the tax regime. -
Four years of NDA: Small reforms by Modi that went unnoticed
Four years of Modi government: The Narendra Modi government has kept it simple: Do away with redundant and obsolete laws. -
Four years of NDA: 4 small reforms by Modi that went unnoticed
Four years of Modi government: The Narendra Modi government has kept it simple: Do away with redundant and obsolete laws. -
Civil Aviation Ministry likely to approach GST Council for inclusion of ATF under tax regime
An indication to this effect was given by a senior official of an airline here following a meeting with Minister of State for Civil Aviation Jayant Sinha. -
Niti Aayog plans CMs#39; meet on #39;New India 2022#39; strategy paper
Niti Aayog will prepare a development agenda by June for #39;New India 2022#39; and call for a chief ministers#39; meeting to discuss the matter, its Chief Executive Officer (CEO) Amitabh Kant said. -
Sensex falls over 230 points in closing, Nifty comes below 10,700
The indices had, however, opened on a positive note. -
Falling rupee to impact investor return of solar projects: Ind-Ra
The study is based on the premise that SPDs will pass on the full impact of increase in project cost, arising from rupee depreciation to the consumer. The recent round of auctions conducted by NTPC for 750MW of solar power has witnessed winning tariffs of Rs 2.72/unit to Rs 2.73/unit. -
Droom raises $30 mn funding led by Toyota Tsusho Corporation
Toyota Tsusho Corporation is a part of Japanese auto maker Toyota Group. -
NRI bonds more effective than rate hike in stabilising rupee: Report
According to the global financial services major, for stabilising the rupee, NRI bonds are far more effective instrument than rate hikes. -
Petrol, diesel prices may be hiked by Rs 4 per litre
The increase is based on assumption that global price of diesel and petrol and Rupee-US Dollar exchange rate remain stable hereon. -
Piyush Goyal promises help to 11 PSBs under RBI watch list
Under the PCA, banks face restrictions on distributing dividends and remitting profits. The owner may be asked to infuse capital into the lender. Besides, the lenders are stopped from expanding their branch networks and need to maintain higher provisions. Management compensation and directors#39; fees are also capped. -
Rs 4 a litre hike in petrol, diesel prices in offing
A Rs 4 per litre increase in petrol and diesel prices is in the offing if state-owned fuel retailers are to return to pre-Karnataka poll hiatus margin levels, brokerage firms said. -
Sebi proposes uniform pricing for debt securities
As per Sebi, the current practice of pricing of corporate bonds varies for different classes of regulated entities and this impacts trading in the secondary market. -
Sebi warns PNB for late disclosures regarding Nirav Modi scam
The Sebi's warning letter has been posted by the bank on stock exchanges as part of regulatory filing. -
NCLAT admits Renaissance Steel plea against Vedanta bid on Electrosteel
A two member bench of the tribunal headed by Chairman Justice S J Mukhopadhaya admitted the plea and directed to list the matter on May 28. -
ONGC capital spending not impacted by oil price: Moody's
In a report, Moody's said while ONGC did not reduce capital spending on oil and gas exploration and production, it halted the pace of its international expansion as a response to the oil price slumping from USD 140 per barrel to under USD 40. -
Sugar import from Pakistan miniscule as compared to total production, government clarifies
The clarification came after some reports indicated that large quantities of sugar had been imported from Pakistan. -
Piyush Goyal vows to clean up banking sector
Goyal, who was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers after undergoing a kidney transplant, met heads of public sector banks here today. -
Lufthansa Group ties up with MakeMyTrip for enhanced partnership
Through Direct Connect distribution partners can use the Lufthansa Group’s application programming interface (API) that will give them direct access to the Lufthansa inventories. -
Wadias face opposition in high-stakes trust row
Nusli Wadia wants to carry out a shake-up at Modern Education Society, which owns properties worth hundreds of crores in Mumbai and Pune. Critics allege it is a move to seize control. -
India#39;s state power plants resume coal imports amid domestic shortages
After no significant imports in 2017, government utilities in Tamil Nadu and Andhra Pradesh have ordered several cargoes of coal since the beginning of this year, two officials said. -
PNB Housing Finance more valuable than its parent PNB
The market capitalisation of PNB Housing Finance stood at Rs 21,199.07 crore and that of Punjab National Bank was at Rs 20,842.33 crore. -
Oil hits highest since Nov 2014 as Brent edges closer to $80
They earlier touched their highest in more than 3-1/2 years at $79.49 a barrel. -
Donald Trump earned some income from real estate ventures in India in 2016
Trump submitted his discloser on Tuesday. -
Another 2008-like financial crash? No, it could be worse; here’s what emerging markets numbers show
Harvard economist Carmen Reinhart turned heads this week with her comments on emerging markets, saying they’re in worse shape now than during the global financial crisis in 2008. -
Malaysia’s PM Mahathir once called George Soros ‘moron’; he will need someone else to blame for his GST mess
Mahathir Mohamad blamed everyone except himself and his policies for his country’s entanglement in the 1997 Asian crisis. Now, if investors start to lose confidence in Malaysia, Mahathir should know whom to blame. Not Soros, of course. -
NCLAT to hear Bhushan Steel promoter's plea against Tata Steel takeover
Singal has sought a stay on the National Company Law Tribunal (NCLT) order approving Tata Steel's bid for the debt-ridden Bhushan Steel under corporate insolvency resolution process. -
Karnataka’s new CM announces farm loan waiver; here’s why it’s a bad idea
The latest RBI data showed that outstanding bank advances to agriculture and allied activities have risen from about 13% of GDP in 2000-01 to around 53% in 2016-17. -
Tata Steel Q4 net profit at Rs 14,688 crore
It had clocked a net loss of Rs 1,168.02 crore in the same quarter last year. -
Railways to install 'panic button' in trains for women safety
Railways also proposes month-wise calendar of activities with focus on women security and gender sensitisation and upgradation of all-India security helpline. -
RBI extends June 2018 MPC meet to 3 days for first time; check new dates here
The Reserve Bank of India on Thursday announced that the Monetary Policy Committee meeting scheduled for 5-6 June will start from 4 June and finish on 6 June, extending the stretch for three days for the first time. -
China vows to defend its own interests in US trade talks
Spokesman Gao Feng also told reporters that China hopes the US will take "concrete action" to resolve a case involving Chinese tech company ZTE, which Washington hit with a crippling ban on buying from US suppliers after it violated US sanctions. -
Investment in NCD control leads to improvement in health, economy, says WHO report
A new WHO report shows that the world's poorest countries can gain USD 350 billion by 2030 by scaling up investments in preventing and treating chronic diseases like cancer and heart ailments, which will save more than 8 million lives -
Malaysia to scrap GST from June 1 even as India gung ho on its biggest tax reform
Malaysia, the last country to have implemented GST before India, has decided to scrap the Goods and Services Tax from June 1, barely three years after its roll-out, even as India is gung ho on prospects of its biggest indirect tax reform. -
Raghuram Rajan rules himself out for job of Bank of England governor; says, ‘I have a very good job, I am happy’
Raghuram Rajan said he doesn’t plan to apply for the job of Bank of England governor, which Mark Carney will leave in just over a year. -
Former RBI governor Raghuram Rajan says won't apply for top BoE job
Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada`s central bank - steps down at the end of June 2019. -
Sensex jumps 100 points in opening, Nifty above 10,750
Minutes into the trading Sensex was up 59.98 points or 0.17 percent up at 35,447.86. -
Odisha touches record high revenue generation
Besides, revenue collection in 2017-18 also grew by around 14 per cent in comparison to 2016-17. Total collection in the fiscal year 2016-17 was around Rs 74,229 crore which grew up to Rs 84,793 crore in 2017-18. -
Petrol, diesel price on 17th May 2018: Check out rates here city-wise
Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices. -
Four years of NDA: Has Modi fulfilled job creation promise? Here’s what people’s verdict says
Four years of Modi government: Even as 56% Indians still have faith in Narendra Modi that he will fulfil his poll promises before 2019 elections, they are simply not convinced that enough jobs have been created yet. -
Bhagyas were no lucky charm for Siddaramaiah
“We did something for every section of the society and made sure no one was left out... If we do not win despite giving good schemes, programmes and governance, we do not know what else needs to be done. It is now a matter of introspection,” said a senior leader, quoting chief minister Siddaramaiah’s final speech. -
Only 2000 tonnes of Pakistan sugar imported in Maharashtra: Minister
The minister said the claims of the government having imported the sweetener to the tune of 20 lakh tonnes are "false" and are part of a "conspiracy" to ensure that sugar prices crash in local markets. -
Centre’s Finances: FY18 fiscal deficit at 3.42% versus RE of 3.5%
The Centre has contained its fiscal deficit for FY18 at 3.42% of gross domestic product (GDP), down from 3.5% estimated (RE) when Budget FY19 was presented on February 1. -
Teething problems: ‘GSTN has stabilised, can’t fault Infosys’
The Goods and Services Tax Network (GSTN) — which handles a mammoth taxpayer base (over 1 core at last count) and over 50 crore invoices every month — was bound to have some “teething problems”. -
Renewables firms CEOs find low tariffs irrational
Most of the leaders in the domestic renewable energy sector believe that developers have been irrationally aggressive while bidding for solar and wind power plants in the reverse auctions held by the central and state governments. -
Flexible coal linkage to yield savings for private power developers
Private power developers have welcomed the government's latest decision to allow independent thermal power plants to transfer existing coal linkages to their nearest mines, although some feel that since savings on this account has to be passed on to discoms, there is not much they could gain.
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