Business

Tata Steel said it has accepted the letter of intent (LoI) for BSL under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code 2016 (IBC).

On Friday, the rupee had ended 1 paisa lower at 64.94 against the US dollar.

In different written replies in the house, Minister of State for Finance Shiv Pratap Shukla said gross non-performing assets (NPAs) under the 'Industry-Large' category for all banks soared to Rs 5.27 lakh crore as on December 2017 from Rs 1.23 lakh crore...

DIAL said that going by a recent order of the Supreme Court of India, Indigo will shift 10 sectors i.e. flight nos 6E 2000-6E 2999 to T2 while SpiceJet will shift seven sectors i.e. flight nos SG 8000-SG 8999.

Different investigating agencies, including CBI and Enforcement Directorate, are probing the fraud, dubbed as the biggest banking scam in the country. Both houses of Parliament have witnessed repeated disruptions over the issue.

India has the largest government-mandated renewable energy programme, with a target of 175 GW renewable energy capacity by 2022, and it announced plans to shift completely to electric vehicles by 2030.

Just like the alarms in the mornings, we have various reminders set for tasks that regularly squeal out for our attention.

Peter Navarro has endorsed withdrawal from the North American Free Trade Agreement as well as from a trade deal with South Korea. He believes the World Trade Organization allows unfair tax practises like value added tax that penalise American business.

Sharma, ranked 1,394th on the list with a fortune of $1.7 billion, is the only Indian billionaire in the under-40 league.

"The macro-economic impact would be serious, not only if the United States took action, but especially if other countries were to retaliate, notably those who would be most affected, such as Canada, Europe, and Germany in particular," Lagarde said.

The country's second busiest airport,Mumbai, is rated as the world's best airport in the over 40 million passengers per year category aerodromes, handles on average 970 aircraft movement per day.

Passport details will help banks to take timely action and inform the relevant authorities to prevent fraudsters like Nirav Modi and Vijay Mallya from fleeing the country, sources said.

China beat forecasts in 2017 as the world's second largest economy grew by 6.9 percent, picking up steam for the first time since 2010 despite a battle against massive debt and polluting factories.

The Confederation of All India Traders (CAIT) in a letter to Ram Vilas Paswan said the Consumer Protection Bill should be taken on priority and must be passed in the current session of Parliament.

It was the latest international reaction to Trump's announcement Thursday that he will impose 25 percent tariffs on steel imports and 10 percent on aluminum, raising fears of a trade war and sending global stock markets tumbling.

"The WTO is clearly concerned at the announcement of US plans for tariffs on steel and aluminium. The potential for escalation is real, as we have seen from the initial responses of others", WTO director-general Roberto Azevedo said in a statement.