indigo, indigo airlines, indigo aircraft, indigo engine, indigo engine snag, indian express news
September 25, 2017 1:59 am

In March, IndiGo had asked its pilots to not ascend A320neo aircraft over 30,000 feet to manage the strain on the faulty engines, but revoked this altitude restriction earlier this month.

fpi, foreign investment, foreign portfolio investors, economy, indian economy, india growth, gdp
September 25, 2017 7:42 am

Any deviation from fiscal and monetary prudence not likely to go down well with investors

September 25, 2017 1:50 am

The ministry said that no official had sought meeting in their "personal capacity" with the MPC members prior to the June review of the monetary. However, a meeting was sought to exchange views on macroeconomic situation in the country, it said in the reply.

Union Minister of Minority Affairs Mukhtar Abbas Naqvi, Mukhtar Abbas Naqvi, e-portal, marketing e-portal, e-portal marketing, business news, latest business news, indian express, indian express news
September 24, 2017 9:27 pm

Naqvi said 'Hunar Haat' would soon be held in Bangalore, Hyderabad, Lucknow, Allahabad, Ranchi, Guwahati, Jaipur and Bhopal

Mobile Companies, India Mobile Companies, Union Minister Ravi Shankar Prasad, IT Minister Ravi Shankar Prasad, IT Minister, India News, Indian Express, Indian Express News
September 24, 2017 8:58 pm

"Today 95 mobile manufacturing factories have come in India and India is becoming a big hub of electronics and mobile manufacturing. 32 have come in Noida and Greater Noida," Prasad said at Capital Foundation Annual Lecture

Essar, Essar LNG ports, Essar natural gas ports, liquefied natural gas, natural gas ports
September 24, 2017 7:31 pm

Essar Ports, which delisted in late 2015, will close 2017-18 with a pre-tax profit of about Rs 1,000 crore and is targeting to take it up to Rs 1,300 crore with the commissioning of new facilities, he said.

Uber, Uber london licence, London transport authorities on Uber, Uber safety concerns, London mayor Sadiq Khan, business news, world news, indian express news
September 24, 2017 7:28 pm

More than 625,000 people have since signed a "Save Your Uber in London" petition calling on the mayor of London Sadiq Khan to reverse the decision as the company prepares to appeal against the decision.

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September 24, 2017 6:11 pm

After the media reported the grounding of nine planes, the airline issued a statement saying, "We have faced some issues with the neo engine, causing operational disruptions. Both Pratt & Whitney and Airbus are working to address the issues."

Maruti Suzuki, Maruti Suzuki dzire, Alto, automobile news, India best selling cars, SUV Vitara Brezza, Alto sales in august, indian express news
September 24, 2017 5:18 pm

MSI's new Dzire, which was launched in May this year, clocked sales of 26,140 units in August ahead of 21,521 units sold for Alto. Alto has been the undisputed best selling model in India for over a decade.

narendra Modi, Suhil Kumar modi, Atal Bihari Vajpayee, Atal Bihar vajpayee and Narendra Modi news, India news, National news
September 24, 2017 5:06 pm

As many as 49.68 lakh returns in GSTR-3B were filed for July. This compares to 59.6 lakh businesses who are required to file returns. Taxes of over Rs 95,000 crore were collected in the maiden month of roll-out.

Chief Economic Advisor Arvind Subramanian, Arvind Subramanian, Economy, SMEs, Indian Government, India News, Indian Express, Indian Express News
September 24, 2017 3:56 pm

Chief Economic Advisor Arvind Subramanian has been tasked with preparing details of the pressure points facing the economy and the probable remedies

Ford Motor Company, india business, car makers
September 24, 2017 2:37 pm

The company's arm Ford Smart Mobility LLC will initiate a pilot project of its smart shuttle services involving its employees in Chennai by the end of this year. 

India, South Korea, india south korea ties, india south korea trade ties, finance news, india news, south asian countries, world news
September 24, 2017 1:26 pm

Seeking greater economic cooperation with South Korea a joint panel has been set up to identify areas of high-end technological components to boost trade and investments between the two countries.

Steel plant, central govt, scrap based, invest, india business, business news,
September 24, 2017 1:08 pm

The government is planning to set up five scrap-based steel plants within a year, at an investment of Rs 500 crore, to ensure that a chunk of the country's targeted steel output is met.

SEBI, IT infrastructure, security loopholes, stock exchange, business, Express of Interest, business, Indian Express
September 24, 2017 12:30 pm

Spelling out the eligibility criteria, Sebi said the applicant should have been in operation for at least five years and should have registered profit for at least three years during the last five financial years.

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September 24, 2017 1:02 pm

Besides conducting joint marketing efforts and promotion activities, Amazon experience centres will be set up in 80 Shoppers Stop stores across the country to bring in the touch and feel aspect on's assortment.

sbi, state bank of india, rbi, telecom sector, sbi telecom sector, Arundhati Bhattacharya, indian express news
September 24, 2017 1:58 am

The decision comes in the wake of RBI ordering banks to make higher provisioning for the standard assets of the telecom sector and keep a close watch on it.

Arvind Subramanian, Chief Economic Adviser, CEA Arvind Subramanian, arun jaitley, Arvind Subramanian term, business news
September 24, 2017 1:27 am

It is learnt that the finance minister has approved his extension and a formal release regarding the same will be issued closer to the time when his first term comes to an end next month.

finance ministry, reserve bank of india, rbi, india economy, indian express, business news
September 24, 2017 12:57 am

The official added that the pickup in inflation, as seen for last month, has been taken into account in their analysis while suggesting a rate cut.

finance ministry, reserve bank of india, rbi, india economy, indian express, business news
September 23, 2017 6:41 pm

In its last policy review in August, the RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks. The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

Arvind Subramanian, Arvind Subramanian Indian economy, indian economy, rupee, RBI, GDP, Indian GDP, indian express
September 23, 2017 5:03 pm

The one-year extension of Arvind Subramanian as CEA comes at a time when the government is working on measures to support economic growth, after GDP growth fell to 5.7 per cent in April-June – the lowest in at least five quarters.

Arvind Subramanian, Arvind Subramanian Indian economy, indian economy, rupee, RBI, GDP, Indian GDP, indian express
September 23, 2017 4:53 pm

Arvind Subramanian has, over the last three years, brought new ideas in public discourse such as the JAM--Jan Dhan, Aadhaar and Mobile--trinity. He was closely involved in drafting the Goods and Services Tax Act and had also authored the 'Report on the Revenue Neutral Rate and Structure of Rates for the GST' in December 2015.

startup govt funding, fund of funds for start ups, ffs, startup india action plan, govt start up funding, Alternative Investment Funds, indian express
September 23, 2017 7:52 am

The Fund, which aims to invest in local venture capital funds that would, in turn, back seed-stage and early-stage companies, has made commitments to 62 start-ups.

sm krishna, it raid, sm krishna son in law, income tax dept, income tax raid, bengaluru, indian express
September 23, 2017 3:13 am

Earlier this week, seven men posing as Income Tax officers had entered a businessman’s house in Malviya Nagar to conduct a search. They searched the house and collected Rs 20 lakh in cars.

finance ministry, reserve bank of india, rbi, india economy, indian express, business news
September 23, 2017 3:06 am

The Confederation of Indian Industry (CII) said that a cut in interest rates would encourage domestic demand in sectors such as affordable housing, consumer durables and construction.

Arun Jaitley, Stressed assets, Banking sector, NPAs, Jaitley on NPAs, Jaitley on GST, Jaitley on banking sector, Business news, Indian Express
September 23, 2017 3:00 am

“I don’t think there is a need for panic. There’s a need for analysis and for responsive action to this and we are fully prepared for this,” he said.

Arun Jaitley, Stressed assets, Banking sector, NPAs, Jaitley on NPAs, Jaitley on GST, Jaitley on banking sector, Business news, Indian Express
September 23, 2017 8:08 am

In the April-June quarter of 2017-18, non-performing assets (NPAs) of a sample of 38 banks rose by 34.2 per cent on a year-on-year basis. Also the NPA ratio increased to 10.21 per cent (Rs 8,29,338 crore) in June 2017.

Modi Cabinet 2017, Suresh Prabhu, Railway portfolio, Cabinet reshuffle
September 23, 2017 2:46 am

The lower-than-expected GDP growth followed large-scale destocking undertaken by manufacturers ahead of the goods and services tax rollout and the lingering impact of demonetisation.

Sensex, Nifty, Sensex points, BSE index, share market, business news, indian express news
September 23, 2017 2:41 am

The rupee — which plummeted by a whopping 53 paise to end at 64.80 a dollar on Thursday — dropped by 31 paise to a four-month low level of 65.12 intra-day trading against the US dollar before closing at 64.79/80 on Friday.

Internet of Things, Reliance, IBM, Reliance Unlimit, IoT solutions, global IoT movement, IBM Watson, Watson IoT, IoT-driven insights, IBM IoT growth, IoT in India, IBM IoT India partnerships, Unlimit enterprise use, Reliance vertical industries
September 23, 2017 2:34 am

Shares of Reliance Capital closed Friday’s session 7.83 per cent lower at Rs 661.55 per share on BSE. However, the stock’s return over three months is 26.05 per cent.

gst, goods and service tax, gst tax, gst foodgrain, tax commissioner, indian express news
September 23, 2017 2:33 am

Over 46 lakh businesses have paid taxes to the tune of Rs 95,000 crore for July under GST. However, businesses also claimed transitional credit worth Rs 65,000 crore.

ndtv, bse, bombay stock exchange, ajay singh, spicejet, ndtv shares, ndtv takeover, indian express
September 23, 2017 2:31 am

When asked about the NDTV deal on Thursday, a SpiceJet official said “it’s absolutely false and baseless.” Messages and emails sent to NDTV officials did not elicit any response.

finance ministry, reserve bank of india, rbi, india economy, indian express, business news
September 23, 2017 2:26 am

Currently, the limit for investment by FPIs in corporate bonds is `2,44,323 cr

sbi, sbi ipo, sbi share, nse, nse nifty, indian express
September 23, 2017 2:19 am

The qualified institutional buyers (QIBs) portion was oversubscribed 12.56 times, non-institutional investors

irdai, pvt equity investment, insurance firms, assocham, Insurance Regulatory and Development Authority of India, business news, indian express
September 23, 2017 2:17 am

“In Irdai we have things like 150 per cent of solvency margins irrespective of numbers etc, we are trying to move towards risk-based capital model,” said Vijayan.

maharera, thane, housing, real estate, what is rera, indian express
September 23, 2017 2:10 am

Region-wise analysis of the data shows that the highest number of units registered are in Thane Municipal Corporation and Thane District (59,516 units registered).