Business
New GDP Figures Have Economists Surprised, Cautious
The new GDP estimate, which shows demonetisation had little or no impact on the growth trajectory of the country, has prominent economists surprised, while one speculated the growth in financial services thanks to the drive to go cashless may have offset...
States Must Adopt Model Bill to Keep Shops Open 24x7: Assocham
However, it said the interests of the workers employed in the shops and small outlets should be protected and they should not be made to work in double shifts without additional benefits. Besides, safety and security of the staff working late hours, parti...
Idea, Airtel Share Prices Drop as Jio Announces it Will Match Their Best Selling Plans
Halfway through Mukesh Ambani’s speech at a tech industry conference the share prices of Airtel and Idea started dropping. The stocks were reacting to the news that Jio would match their best-selling plans and offer 20% more data for the same price.
Rupee Firms up For 2nd Session, up 9 Paise to 66.92
The rupee on Monday strengthened for the second straight session, gaining by another 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with firm equity market.
Chandrasekaran to Take Over Tata Group Reins on Tuesday
Indian multinational conglomerate Tata group will enter a new era on Tuesday as N Chandrasekaran takes over as chief, hoping to put behind an acrimonious boardroom battle that saw the ouster of Cyrus Mistry as Tata Sons Chairman.
No Major Impact on Indian Banks After Brexit, Says SBI UK Chief
There will be no major impact on Indian banking operations in the UK post-Brexit and the British capital will continue to be the global "financial hub", according to the UK chief of State Bank of India.
Rupee Falls Further, Down 8 Paise Against Dollar
The rupee came down by a further 8 paise to 67.15 against the US currency in early trade on Friday after importers chased the dollar.
Banks Rush to Buy Cyber Security Cover as Digi Payments Rise
At a time when cyber threats are on the rise for banks for increasing cashless transactions and effects of demonetisation, insurers see rise in demand for cyber insurance and cyber liability insurance, in particular.
Steel Sector Facing Tough Business Environment, Says SAIL
State-run Steel Authority of India Ltd (SAIL) on Sunday said it has identified five core areas, including optimisation of new assets utilisation, to turn ongoing challenges into opportunities.
RBI Expected To Hold Interest Rates at Tuesday's Review
Industry chamber FICCI, has said that the RBI is likely to maintain status quo in the upcoming monetary policy and cut rates in the first half of the next fiscal beginning April 1.
TCS CEO Chandrasekaran Did Not Attend RBI Pre-note Ban Meet
TCS CEO Natarajan Chandrasekaran was one of the two directors who did not attend the November 8 meeting of the RBI's all-powerful Central Board that was called within a day of government's "advice" to the central bank to consider junking old 500 and 1000...
Penalty of Equal Amount For Receiving Cash Over Rs 3 Lakh: Revenue Secy
In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction.
Economy to Grow More Than 7% Next Fiscal: Shaktikanta Das
Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das on Saturday expressed confidence that the economy will grow upwards of 7 per cent next fiscal.
Union Budget 2017: What It Means For You
Additional surcharge of 10% on individuals earning between Rs 50 lakh to Rs 1 crore
Rupee Extends Gains, up 24 Paise Against US Dollar
The rupee had gained 8 paise to close at one-month high of 67.87 against the US currency yesterday on sustained selling of the dollar by exporters and banks ahead of the Union budget to be presented on Wednesday.
Vodafone Confirms Talks With AB Group's Idea Cellular For Merger
The landmark merger, if it goes through, will create India's largest telecom company with revenues of over Rs 80,000 crore.