Business
Exports Grow Marginally by 3.74% in January, Trade Deficit Narrows: Report
According to data from the commerce ministry, exports during the month increased to USD 26.36 billion, compared with USD 25.41 billion in January 2018.
Sensex, Nifty Fall for 6th Straight Session; Yes Bank Zooms 31%
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 percent.
US, India Hold Talks to Calm Trade Tensions; US Commerce Secy Joins Over Video
India and the United States are sparring over a range of issues, from India's new rules on e-ecommerce that affect firms such as Amazon and Walmart to data localisation and its tariffs that Trump says are exceptionally high.
No Scope of Changing Jobs Figures Once Finalised by NSSO, Says Stats Chief Who Quit Over Damning Report
PC Mohanan had resigned to protest the delay in releasing a new set of jobs statistics, the NSSO report, which showed that unemployment in 2017-18 hit a 45-year-high of 6.1 per cent.
India Asks Firms to Expedite Efforts to Establish Shale Oil & Gas Potential
India is a gas-starved country and imports almost half of its annual natural gas consumption. Prime Minister Narendra Modi wants India to be a gas-based economy and increase the share of gas in the country's energy mix to 15 percent by 2030 from 6.5 perce...
Government Amends Significant Beneficial Owners Rules Under Companies Law
The ministry, which is implementing the companies law, has already deregistered lakhs of companies that have not been carrying out business activities for a long time.
German Cabin Crew Union Says Lufthansa Talks Have Broken Down
Lufthansa's management appeared to be more interested in demonstrating a hard line in negotiations than in reaching an agreement with cabin crew, German union UFO said.
Market Ends Flat After RBI Rate Cut; Rate Sensitive Stocks Turn Volatile
In the Sensex pack, Sun Pharma was the biggest gainer, rallying 4.48 per cent, followed by Bajaj Auto, Tata Motors, Coal India, Hero MotoCorp, Maruti and HCL Tech, rising up to 3.01 per cent.
RCom Shares Battered Further, Tank Nearly 13 Percent as Company Opts For Insolvency Proceedings
On February 1, RCom's board reviewed the progress of the company's debt resolution plans since the invocation of strategic debt resolution on June 2, 2017. The board noted that despite the passage of over 18 months, lenders have received zero proceeds fro...
Transport Minister Gadkari to Lay Foundation Stone For Rs 2,345 Crore Highway Projects in Odisha
Gadkari will be in Kamakhyanagar in Dhenkanal district of Odisha on Wednesday to do Bhoomi Pujan for three national highway projects of total length 132 km, worth Rs 2,345 crore, it said.
I-T Assessments to be Completely Faceless in Few Years in Two Years, Says CBDT Chairman
Asked about the finance minister's declaration in the Interim Budget speech that the I-T Department will move towards faceless assessment and verification of returns, the CBDT chief said the department is already working on the initiative.
Central Bank of India Narrows Loss to Rs 718 Crore in Third Quarter
Its total income decreased to Rs 6,329.17 crore during the quarter under review, as against Rs 6,589.32 crore in the year-ago period, the bank said in a regulatory filing.
Budget 2019: No Change in Lokpal Budget Allocation of Rs 4.29 Crore
The amount, which has not been changed for the next fiscal, is meant for establishment and construction-related expenditure for the Lokpal, it said.
Budget 2019: When and Where to Watch Live Stream of Interim Finance Minister Piyush Goyal's Speech
The first phase of union budget session began on January 31 and will continue till February 11. There will be a second session after Lok Sabha polls.
Rupee Gains 26 Paise to 70.86 US Dollar in Early Trade as Fed Keeps Rates Unchanged
The US dollar weakened in overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes.
Labour Ministry Decides to Allow Women to Work in Underground Coal Mines
The present rules do not allow women to work in underground mines. This provision of allowing them to work in underground coal mines is expected to bring more employment opportunities for them.