Business
Suresh Prabhu Bats for Textile Sector to Boost Manufacturing Growth
The Union commerce and industry minister said he is holding talks with various countries to explore new markets for Indian fabrics, garments and apparels in order to boost exports, as he said the industry is working in 'sub-optimal' level for its over-dep...
Soon, You'll be Able to Surf The Internet and Make Calls While Flying
The Department of Telecom had last year asked the Telecom Regulatory Authority of India to give its recommendations on licensing terms and modalities for providing in-flight data and voice services.
InterGlobe Aviation Shares Face High Volatility After Ghosh Stepped Down as IndiGo President
IndiGo, which has a fleet of 160 aircraft, is the country's largest airline with a market share of nearly 40 percent. It operates around 1,000 flights daily.
Bitcoin Frenzy Settles Down as Big Players Muscle into Market
A worldwide wave of regulation has led to a collapse in trading volumes. Cryptocurrency advertisements are disappearing from top internet pages, and bitcoin no longer dominates Google searches.
India's Crude Steel Output Grows 2% to 26 MT in Jan-Mar
India has set a production target of 300 MT by the year 2030.
Axis Bank Reports First Ever Quarterly Loss as Bad Loans Pile Up
However, in the midst of the NPA pain, it successfully raised over Rs 10,000 crore in core capital from existing investors led by Bain Capital and LIC.
Rosneft-Trafigura Led Essar Oil to be Called Nayara Energy
Essar Oil's incumbent CEO Lalit Gupta had stepped down from the position but continues as a senior advisor to the board of the new company.
Where's The Money, RBI? Data shows Indians Are Once Again Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore rupees, about 27 percent more than in same quarter of 2016.
EU Dangles Brexit Carrot if Britain Changes Mind And Stays in Customs Union
EU diplomats don't expect the next negotiating round due on May 2-4 to bring much of a breakthrough, with one saying both sides were holding their positions to see who blinks first.
EPFO to Inform Members About Contributions Not Deposited by Firms
In the recent past, the EPFO has taken a number of e-initiatives to provide services and timely information to all its stakeholders in tune with the government's motto of minimum government and maximum governance.
No Cartelisation Among Banks in Fixing Savings Bank Rates, Says CCI
Among all the scheduled commercial banks (SCBs), the conduct of top ten banks whose savings bank account deposits accounted for about 70 per cent of the total market as on March 31, 2016 was examined.
India's Pace of Growth to Accelerate in 2018-19: RBI Governor
Patel said the goods and services tax (GST), which was implemented from July 2017 has reformed the system of indirect taxes by simplifying payments and credits, and improving the efficiency of movement of goods across the country.
Jet Airways to Inspect Four B737 Engines After Deadly Explosion on US Airline
In a statement released on Saturday, the airlines said that three engines currently being used on aircraft and one in maintenance will be tested within the next 20 days.
Cash Crunch: 86% ATMs Operating, Notes Being Printed 24x7; SBI Says Problem to be Over Tomorrow
Such overtime printing was last seen post demonetisation when the printing of new Rs 2,000 notes was fast-tracked to meet the liquidity shortage in the market.
Fortis Forms Expert Panel for Takeover, to Evaluate Only Binding Offers
The troubled healthcare chain had received binding offers from Manipal/TPG consortium, and Munjal and Burman family offices.
Sensex Extends Gains on Normal Monsoon Forecast
The 30-share barometer was trading higher by 92.66 points, or 0.27 per cent, at 34,398.09, with power, metal, PSU, infrastructure, realty, capital goods and auto sector stocks leading the trend.