Business
Government to Revise GDP Base Year, Measure Women's Economic Contribution
Union Minister of Statistics and Programme Implementation DV Sadananda Gowda said that his ministry intends to undertake several initiatives during financial year 2018-19 "to further improve statistical system to meet the data requirements in the emerging...
PNB Hands Over to CBI List of 150 Fraudulent LoUs Issued to Nirav Modi
The bank became suspicious only on January 16 when the accused companies --Diamond R US, Solar Exports and Stellar Diamonds (all accused in the CBI FIR) -- approached it with import documents and a request to issue Letters of Understanding (LoUs) for rais...
Sensex Extends Rally, Rises 173 Points on Positive Macro Data
Besides, a mixed trend in other Asian markets following positive lead from Wall Street buoyed sentiment here. The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session. All sectoral indices were trading in the green, wit...
India Explores 'Cheap Power' Sales to South Asian Neighbours and Myanmar
Indian companies such as Reliance Power Ltd and Adani Power Ltd have already signed agreements to supply power to Bangladesh, where New Delhi is fighting for influence with China.
Inflation Cools But Still Above RBI Target, Industrial Output Grows to 7.1%
The IIP growth in December was mainly on account of uptick in manufacturing sector which constitutes 77.63 per cent of the index.
Coal India Net Profit up 4.21% in Q3
Its revenue from operations during the quarter under review was at Rs 21,643.28 crore, down by 1.6 per cent from Rs 22,000.79 crore in the corresponding quarter of 2016-17.
Rules on Cryptocurrencies Should be Out Soon: SEBI Chief
SEBI Chairman Ajay Tyagi, who is part of the committee formed by the government to examine the pros and cons of virtual currencies (VCs), including launching an own cryptocurrency, said that a policy in this regard should come out first and then only the...
IndiGo Grounds Three A320 Neo Planes on Engine Woes
The official said EASA on Friday issued an emergency airworthiness directive for A320 neo planes fitted with PW1100 engines having a particular serial number.
Rupee Surges 20 Paise Against Dollar in Early Trade
The benchmark BSE Sensex recovered by 470.39 points, or 1.36 per cent, to 34,666.33 in opening trade on Wednesday.
Income Tax Department Issues Notices to Crypto Currency Investors: CBDT Chairman
The department has found that there is no clarity on investments made by many people, which means they have not declared them properly, CBDT chairman Sushil Chandra said on Tuesday.
India's Gold Demand Went Up By 9% to 727 Tonne in 2017
Also, the government's decision to remove anti-money laundering regulation, the Prevention of Money Laundering Act (PMLA), from jewellery helped boost demand.
Only 5 Stocks Registered Gains on BSE Sensex Today Morning
The BSE had opened at 33,543.20 points, while the 50-share Nifty opened at 10,290.50 points. Both indices had already been reeling under the Long-Term Capital Gains tax on equity gains of more than Rs 1 lakh since the Budget.
Assam Gets Investment Commitments of Rs 1 Lakh Crore
As many as 25 MoUs, entailing Rs 35,000 crore investment, were signed on the final day of 'Advantage Assam - Global Investment Summit 2018' on Sunday.
'Modicare' to Cost About Rs 11, 000 Crore a Year, Say Govt Sources
The National Health Protection Scheme, which the government dubs "Modicare", was announced in Thursday's budget for 2018/19 and would provide 100 million families, or about 500 million poor people, with health cover of 500,000 rupees per year for free tre...
Banks to Get Rs 5 Lakh Crore Leeway Via Recap Plan
The finance ministry had unveiled a mega recapitalisation plan last month to improve PSBs' financial position as most of them are plagued by mounting bad loans.
Budget 2018: Here's What the Finance Minister Said on MSMEs
Finance Minister Arun Jaitley 's Budget 2018 is expected to provide Income Tax and Corporate tax relief along with farm sops.
