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-
India mulls customs duty hike on 30 US products
India has submitted a revised list of 30 items to the WTO on which it proposes to raise customs duty by up to 50 per cent. -
Demonetisation impact: Modi government says ‘Kaala dhan’ became ‘jan dhan’ post-note ban
Facing criticism over the 2016 demonetisation drive, the Union government today said benefits of the note ban are being reaped now as hoarded cash is being put to productive use. -
May trade deficit widens to 4-month high
May trade deficit widens to 4-month high -
Niti Aayog’s Governing Council meeting on June 17: PM Modi to chair – what’s on agenda?
Prime Minister Narendra Modi will chair the fourth meeting of Niti Aayog's Governing Council on Sunday to discuss various issues, including measures taken to double farmers' income and progress of flagship schemes. -
Fitch lowers Axis' outlook to -ve,cuts ICICI's support ratings
The report also warns that adverse findings may create a "reputational risk", especially if they point at broader weaknesses in management. -
Jet Airways connects Nashik with New Delhi under RCS
One-way economy fare on the route under the RCS starts at Rs 2,980. -
Jaiprakash Associates to submit plan to protect home buyers' interest in SC
On May 16, the apex court had said that the liquidation proceedings against JAL's debt-ridden subsidiary Jaypee Infratech Ltd (JIL) shall remain stayed on submission of this amount. -
TCS m-cap again hits Rs 7 lakh crore mark on share buyback plan
The share price of the IT bellwether was quoting 2.75 percent. -
Markets end flat, TCS boost
Index heavyweight TCS spurted 2.75 percent after the company's board approved a Rs 16,000-crore share buyback plan. -
FIFA World Cup 2018: The economics of football; who invests money, who makes money, and how much
FIFA World Cup 2018: Every four years, for almost a month, the entire world is gripped with excitement -- and numerous nail-biting and adrenaline pumping moments -- when the biggest sporting carnival takes place: The FIFA World Cup. And there's some economics involved. -
Sensex ends in green on IT push
Index heavyweight TCS spurted 2.75 percent after the company's board approved a Rs 16,000-crore share buyback plan. -
Higher oil, GST may boost states revenue by Rs 37,400 cr in FY19
States are likely to gain an additional Rs 37,426 crore in revenue in the current fiscal on the back of surge in oil prices and better tax collection due to the GST, says a report. -
Bad loan write-offs by PSBs surge 140% over their losses in 2017-18
SBI alone has written off bad loans of Rs 40,196 crore, nearly 25 per cent of the total write-offs during 2017-18. This was followed by Canara Bank (Rs 8,310 crore), Punjab National Bank (Rs 7,407 crore) and Bank of Baroda (Rs 4,948 crore). -
Gold zooms Rs 330 on firm global cues, silver regains Rs 42K-mark
Silver followed suit and reclaimed the Rs 42,000-mark by rising Rs 450 to Rs 42,400 per kg due to increased offtake by industrial units and coin makers. -
Here's how Dr Reddy performed on its last day on Sensex
Dr Reddy's Shares jumped 3.65 percent to Rs 2351.10 a piece on BSE. -
Higher crude, interest rate may cap GDP at 7.5%: Nomura
The rate hike by RBI and the the oil prices raise concerns over the sustainability of what was termed as a "cyclical, broad-based recovery", Nomura's chief India economist Sonal Varma said. -
TCS board approves up to Rs 16K-cr share buyback plan
The buyback, at Rs 2,100 per equity share, entails up to 7.61 crore shares or 1.99 percent of the total paid up equity share capital. -
HDFC Bank MD Aditya Puri earns Rs 2.64 lakh per day: Reports
This is in contrast with his last year's Rs 2.75 lakh per day salary. -
GST anti-profiteering fund: Here’s what Modi government is planning to do with it
Centre and the 'concerned state' will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the GST anti-profiteering rules, as per a Finance Ministry notification. -
Gujarat leads in composite water management; find out which BJP ruled states are worst performers
All states have been ranked on the composite water management index comprising of nine parameters and 28 indicators by Niti Ayog. -
Aiming to make Maharashtra a trillion-dollar economy by 2025, says CM Devendra Fadnavis
The Maharashtra government is aspiring to make the state the first trillion-dollar economy by 2025, five years early, by investing in infrastructure, agriculture and services and by leveraging foreign investments in various sectors, Chief Minister Devendra Fadnavis has said. -
Trade deficit widens to 4-month high of $14.62 bn
Oil imports were up 49.46 percent to USD 11.5 billion on back of surge in international crude prices. -
Trade deficit widens to 4-month high of $14.62 billion in May
Commerce Minister Suresh Prabhu said exports in May rose by 28.18 per cent to $28.86 billion while imports were up 14.85 per cent to $43.48 billion. -
Trade deficit at 4-month high of $14.62 bn in May
Commerce Minister Suresh Prabhu said exports in May rose by 28.18 per cent to $28.86 billion while imports were up 14.85 per cent to $43.48 billion. -
Exports surge 28% in May, so does trade deficit; widens to 4-month-high
India's trade deficit widened to four-month high of USD 14.62 billion in May as imports surged nearly 15 per cent, the government said today. -
SBI to stop handling Iran oil payments: IOC
Iran offers Indian refiners a 60-day credit period on oil sales, which means payment for cargoes loaded from end-August will be due in November. -
How expensive has India become? This chart shows how inflation surged in last one year
There was a broad-based increase in price levels across all the key segments of the CPI index and core inflation rose to a near 4 year (46 months ) high of 6.2%. -
TCS to consider share buyback in board meeting today
Tata Consultancy Services (TCS), the country's largest software service firm will consider a proposal to buy back shares at its board meeting on Friday. -
Rolls-Royce denies media reports, says no plans for job reductions
Media reports had said that Rolls-Royce would cut 4,600 jobs primarily in the UK as part of a plan to simplify its business. -
Digital India is fight against touts: PM Modi
From booking rail tickets to paying bills and availing government services like pensions by giving proof of existence digitally, people are being empowered, he said. "Kisi ko dikhe ya na dikhe, par desh badal raha hai (people may or may not see, but the country is changing)," PM Modi said. -
Wait for monsoon to be longer after ‘good’ start? Here’s what US-based weather forecaster says
India's monsoons, which hit the southern coast late last month, are expected to make slow progress over the next two weeks and delay the onset of crucial rains over north-western parts of the country, a private U.S.-based weather forecaster said. -
ICICI Bank's insolvency plea may not be admitted by NCLT: Punj Lloyd
The two-member bench has directed to list the matter on July 24 for next hearing. -
Markets recover in early morning trade amid wobbly Asian cues
In the Sensex pack, Dr Reddy's, Sun Pharma, ICICI Bank, RIL, Infosys, TCS, Tata Motors, Coal India, HDFC and Tata Steel, advancing by up to 3.09 percent. -
Petrol, diesel price on 15th June 2018: Check out rates here city-wise
Fuel prices reached al-time high after state-owned oil firms lifted pre-Karnataka poll hiatus to resume daily price revisions from May 14. -
Fabindia 'Khadi' allegedly factory-made, sued
Khadi and Village Industries Commission (KVIC) has filed a case against ethnic retailer Fabindia in the Bombay high court, seeking damages of Rs 525 crore for allegedly selling factory-made cotton garments under the guise of ‘Khadi’. -
SBI MD may be named interim chief of IDBI Bank
tate Bank of India (SBI) managing director B Sriram may be headed to IDBI Bank as its interim chief, signalling the government’s resolve to ensure that the lender, which is grappling with 28% of its loans turning into non-performing assets, does not remain headless at this crucial juncture. -
Nitin Gadkari: Difficult for Maharashtra farmers to abandon sugarcane crop
Water resources minister Nitin Gadkari said on Thursday it was practically difficult for sugarcane farmers in Maharashtra to abandon the water-guzzling crop and shift to other crops, as the latter are less remunerative. -
Call drop situation worsens in April
The call drop situation deteriorated in April 2018 after two consecutive months – February and March – of good performance by telecom operators, the latest Trai data show. -
Your bank info at risk due to foreign-owned cos?
Top executives in the financial sector have raised concerns over the speed at which foreign companies are gaining a foothold in the payment and loans segment in India through non-banking financial companies (NBFCs). -
US-focused pharma cos see 30% drop in FY18 earnings
Regulatory clampdowns, increased competition and channel consolidation in the US have led to a drop of 30% — one of the worst — in earnings of US-focused Indian pharma companies in FY18. But the good news is there are signs of recovery with a strong double-digit growth expected in FY19. -
Ripple sees life beyond RBI cryptocurrency ban
Fintech company Ripple, which straddles the world of cryptocurrencies and cross-border remittances, is unfazed by the Reserve Bank of India’s (RBI’s) restriction on banks dealing with cryptocurrencies. -
Electric Vehicles: Power utilities to earn $11 billion in revenue with EV demand, says report
The overall electricity demand from electric vehicles (EVs) in India is projected to be around 79.9 gigawatt hours (GWh) by 2020, and is expected to reach 69.6 terawatt hours (TWh) by 2030. -
Sale of assets boosts firms’ debt-to-equity ratios
Continuous focus on sale of non-core assets to reduce the debt burden seems to be reflecting on the improving net debt-to-equity ratios of most infrastructure developers.
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