Business

Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said the export data for past two-three months, which are showing low or marginal growth, is a matter of concern to all.

Anarock Property Consultants chairman Anuj Puri says any government facing polls usually try to make a strong electoral pitch by offering tax sops or promises of welfare schemes even in interim budgets.

Market may take it in its stride even if the fiscal deficit target is breached by a small amount, provided that the government is able to convincingly back its actions with a push for growth-oriented

Forex traders said strengthening of the US dollar against some currencies overseas and sustained foreign fund outflows weighed on the local unit.

In the past three months, 10 PSUs have announced or executed buybacks for a cumulative amount of Rs 15,000 crore, which will count toward the government’s target of Rs 80,000 crore from disinvestment of state-owned

Jet Airways has a fleet of 123 aircraft, including 86 Boeing 737s – including several variants such as 737 MAX 8, 737-700, 737-800, 737-900 and 737-900ER. Other aircraft operated by the airline include Boeing 777,

Although funds available with CPSEs via external sources to be incurred on capital expenditure has been marginally lower in FY19 at Rs 2.1 lakh crore as against Rs 2.2 lakh crore in FY18, the amount

The Centre lowered customs duty on import of parts and components of such vehicles to 10-15 per cent. So far, vehicle parts and components imported for assembly in India attract import duty of 15-30 per

The Defence Ministry has said that the duty be withdrawn as duty component was being paid out of the ministry’s budgetary allocation.

Essar Steel which owes Rs 54,389 crore to a consortium of banks was in the first list of 12 defaulters prepared by the Reserve Bank of India for resolution under the Insolvency and Bankruptcy Code

Cobrapost alleged that the scam has been pulled off mainly by sanctioning and disbursing funds in secured and unsecured loans to dubious shell companies, which have in turn passed the money on to companies controlled

Earlier on November 20, 2018, the bank had stated that efforts were being undertaken for mutual resolution and truce between Rana Kapoor Group and Madhu Kapur and family, the two co-promoter groups of the bank.

The company had sold shares in the initial public offer of HDFC Life Insurance Company for a consideration of Rs 5,250 crore in the quarter ended December 2017.

MD and CEO Amitabh Chaudhry said the bank’s strategy for the next three years would “pivot around delivery of three important vectors – growth, profitability and sustainability”

The case was registered after Puneet Dewan, who runs a consultancy in Defence Colony, filed a complaint in a Delhi court.

The partial government shutdown left forecasters, investors and policymakers without much of the data they rely on — just as concerns were mounting that the United States’ decade-long economic expansion could be nearing its end.

The change comes after overwhelming demand saw recent local government bond issues massively oversubscribed, underscoring both their distorted pricing and the market's appetite for high-quality debt as Beijing relaxes monetary conditions.

Maharashtra Metro Rail Corporation Limited (MAHA-METRO), a 50:50 joint venture between the Indian government and the Maharashtra government, is currently executing the Pune Metro Project.

Data sourced from UK-based air travel intelligence firm OAG show that 188 air routes have direct flights operated by only one airline on that route, including Hyderabad-Raipur, Kolkata-Lucknow, Amritsar-Goa, Mumbai-Kanpur, Pune-Indore and Ahmedabad-Chandigarh.

The I-T department has allegedly identified multiple contracts that IL&FS Rail awarded to shell companies, procuring fake invoices for “non-existent” work to lower its profits.

The bank’s gross non-performing assets (NPAs) came down from Rs 62,328 crore in March 2018 and Rs 61,561 crore in September 2018 to Rs 60,797 crore in December 2018.

The South Korean automobile giant set a record by commencing trial production in a record time of one year.

Israel, with hostile neighbours, is second after United States on perception of cyber attacks as a threat. It is also among the countries with which New Delhi has close ties on cyber security.

Subramanian’s suggestions come days ahead of the Budget to be presented on February 1. Incidentally, Congress President Rahul Gandhi said his party will bring Minimum Income Guarantee for every poor person if voted to power.

The Sensex touched an intra-day high of 36,124.26 and low of 35,565.15 before finishing 368.84 points, or 1.02 per cent, down at 35,656.70.