Business
Commerce Ministry Recommends Restriction of Duty-free Alcohol Purchase to One Bottle
Currently inbound international passengers are allowed to buy two litres of alcohol and a carton of cigarette from these shops.
Commerce Minister Piyush Goyal to Lead Indian Delegation to WEF 2020 in Davos
The union minister will hold bilateral meetings with ministers of Australia, South Africa, Russia, Saudi Arabia, Switzerland, Korea and Singapore.
Mother Dairy Opens First Restaurant in Noida, Plans 60 Outlets in Delhi-NCR
Named 'Caf Delights', the newly-opened eatery will serve holistic food options and delicacies from across the country, Mother Dairy said in a statement, adding that it will have both dine-in as well as take away options.
Moody's Places Yes Bank's Ratings under Review; Direction Uncertain
The US-based agency said that the placing of Yes Bank's deposit rating of B2 under review reflects Moody's expectation that the bank's standalone viability is getting increasingly challenged by its slowness in raising new capital.
'Integrity of Constitution Has to be Preserved Against Hasty Changes': HDFC Chairman Parekh
In the remarks, which come amid the Citizenship Amendment Act ptotests, and six months after the controversial changes to the status of Jammu and Kashmir, Deepak Parekh also said fundamental rights of people need to be protected.
Bankrupt Jet Airways to Sell Netherlands Business to KLM Royal Dutch Airlines
The insolvency resolution professional managing the affairs of Jet Airways said various options are being explored for the 'company's resolution and maximising the value for its stakeholders', as per the filing on Friday.
Too Many Obstacles to Business in India, Need Less Micromanagement, Says Tata Sons Chairman
Growth cannot come by merely pushing people to move fast and requires a transformative vision and a change in the culture, the head of the USD 110-billion conglomerate said, delivering the Nani Palkhivala Memorial Lecture.
China Trade Surplus With US Dropped 8.5% to USD 296 Billion in 2019 in Bruising Trade War
The figures were released just a day before the US and China are expected to sign a "phase one" agreement that marks a de-escalation in their two-year conflict.
No Need to Panic about Oil Prices, Says Union Minister Dharmendra Pradhan
There are tensions in the Persian Gulf due to geo-political reasons, union minister Dharmendra Pradhan said.
India's Forex Reserves Touch Record $461.16 Billion
In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which rose by $3.013 billion to $427.949 billion.
Sensex Rises Nearly 200 Points, Nifty Tests 12,250 Amid Easing Geopolitical Tensions
After hitting a high of 41,647.60, the 30-share BSE index was trading 124.70 points or 0.30 per cent higher at 41,577.05. Similarly, the broader NSE Nifty advanced 37.25 points or 0.30 per cent to 12,253.15.
Sensex, Nifty Surge as US Embraces Peace to De-escalate Middle East Tensions
SBI was the top gainer in the Sensex pack, rising up to 2.19 per cent, followed by IndusInd Bank, Bharti Airtel, Tata Steel, ICICI Bank, L&T, Axis Bank, Reliance Industries and HDFC twins.
Govt Imposes Restrictions on Import of Refined Palm Oil
Putting the commodity in restricted category means an importer will require licence for import.
Sensex Recovers Sharply after Falling 400 Points as US-Iran Tensions Wane: 10 Things to Know
Sensex and Nifty opened the session deep in red after Iran’s retaliatory attack on US forces based in Iraq sent global markets into turmoil, but pared losses later as both US and Iran indicated at the need of de-escalating tensions.
India's Oilmeals Export Drops over 79% to 67,562 Tonne in December 2019
Overall shipment of oil meals during April-December period of the current fiscal declined by 25 per cent to 18.02 lakh tonne as against 24.11 lakh tonne a year ago.
US-Iran Tension Will Impact India's Exports To Gulf Nation, Says FIEO
Tensions between Iran and the US has increased after an American drone strike killed top Iranian General last week.