Next CEA should be one who believes in Indian ethos, values, says RSS affiliate
June 20, 2018 8:22:25 pm

Earlier in the day Union Minister Arun Jaitley announced that Subramanian will be leaving the finance ministry after nearly 4 years because of "pressing family commitments" and return to the US. 

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June 20, 2018 7:33:23 pm

Indigo clarified that it has not received any summons from Enforcement Directorate (ED), amid media reports that its top management was summoned by the probe agency in connnection with FEMA violation.

NDMC Auction Taj Group
June 20, 2018 7:10:38 pm

The NDMC had in 2017 decided to auction The Connaught and re-auction Asian Hotel, after they were sealed by it in 2015 due to non-payment of license fees dues.

Markets stage strong comeback, log fifth weekly gains
June 20, 2018 5:49:35 pm

FMCG, capital goods, oil and gas, PSU and IT indices ended in the red, falling up to 0.36 per cent. The broader markets too were in better shape as investors accumulated stocks available at attractive levels.

Govt committed to Air India's strategic disinvestment: Sinha
June 20, 2018 3:53:20 pm

Sinha, the minister of state for civil aviation, said the government is committed to the strategic disinvestment of Air India.

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June 20, 2018 6:15:09 pm

Arvind Subramanian joined the Modi government as Chief Economic Advisor on October 16, 2014 for a period of three years. His term was then further extended.

Tax structure for petrol, diesel to be a combination of GST, VAT
June 20, 2018 6:57:23 pm

The Centre currently levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel. On top of this, states levy Value Added Tax (VAT) on the fuels.

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June 20, 2018 12:01:31 pm

RITES IPO is the first state-owned company to hit the IPO market in this financial year. With the sale, the government plans to garner around Rs 460 crore.

Airtel responds to allegations of discriminatory, denies changing representative due to religion
June 20, 2018 11:49:26 am

Airtel said its representatives were merely doing their job and trying to solve the service issue but were wrongly targeted for "acceptance of discrimination" and "bowing down to bigotry".

Rupee slips 13 paise
June 20, 2018 11:07:20 am

The rupee recovered from its nearly one-month low by strengthening 32 paise to 68.06 against the US dollar in early trade today.

Microsoft CEO Satya Nadella on US immigration policy
June 20, 2018 10:54:19 am

Satya Nadella on US immigration policy: "The immigration policy of this country is one of our greatest competitive advantages, and this is something we must preserve and promote."

PNB fraud case: CBI files supplementary chargesheet, names Nirav Modi and 17 others
June 20, 2018 9:53:35 am

Punjab National Bank's 162-page internal report lays out how failings by 54 PNB officials - ranging from clerks to foreign exchange managers, and auditors to heads of regional offices, allowed the $2 billion fraud to be perpetrated.

Starbucks China revenue
June 20, 2018 7:29:22 am

The world's largest coffee chain is facing competition both from upscale coffee houses and lower-priced fast-food chains like McDonald's Corp and Dunkin' Donuts.

June 20, 2018 2:38:16 am

Malayalis across the world can join chits, pay installments and take part in chitty auction from anywhere, online.

AirAsia Group: Lobbying for 5/20 norm removal done without any unlawful payments
June 20, 2018 2:32:57 am

The statement rebutting all allegations comes after nearly a fortnight of the Central Bureau of Investigation (CBI) raiding at least six AirAsia India offices in India, including its Bengaluru headquarters.

GDP Current Account Deficit
June 20, 2018 2:10:26 am

CAD, the difference between the inflow and outflow of foreign exchange, jumped to $48.7 billion, or 1.9 per cent of GDP, in 2017-18 fiscal. This was higher than $14.4 billion, or 0.6 per cent, CAD in 2016-17.

Railway officials call proposal ‘disruptive move’: Piyush Goyal pitches cadre-merger idea, officers object
June 20, 2018 2:00:30 am

Piyush Goyal stressed that the public money with PSU banks is safe and the government is totally committed to supporting the banks.

Wall Street
June 20, 2018 1:15:01 am

"Investors are waking up to the idea that all the rhetoric on trade could be more than just a negotiating tactic," said Emily Roland, head of capital markets research at John Hancock Investments in Boston.

June 20, 2018 1:08:59 am

However, there is a condition that the overall cost of the dwelling unit in the metropolitan centre (with population of ten lakh and above) and at other centres should not exceed Rs 45 lakh and Rs 30 lakh, respectively, for being classified as priority sector.

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June 20, 2018 8:24:23 am

The fee revision will be effective July 15 and comes at a time when the e-commerce company is facing intense competition from its rival Flipkart, which is in process of being acquired by US-based retail giant Walmart.