Business News
Pranav MukulOct 14, 2019
While small products such as mobile phones and fashion goods dominated the orders from smaller towns, online retailers have also ramped up their logistics to deliver larger items like furniture and white goods to difficult-to-reach
ENS Economic BureauOct 14, 2019
Moody’s Investors Service had last Thursday cut its forecast for India’s FY20 GDP growth by 40 basis points to 5.8 per cent, in what reflected a continuing trend of such downward revisions by prominent domestic
ENS Economic BureauOct 14, 2019
The banking system had previously registered single-digit growth of 9.9 per cent in credit offtake in the fortnight ended December 8, 2017.
Pranav MukulOct 14, 2019
Airbus Helicopters, which has tied up Mahindra Defence, expects the Centre to award the project in a timely, transparent and fair manner.
ENS Economic BureauOct 14, 2019
No joint statement will be issued, as certain key issues are yet to be resolved, even after two days of intense negotiations on October 11 and 12, according to one of the sources.
Express Web DeskOct 13, 2019
Shares of IRCTC will be listed on the Bombay Stock Exchange(BSE) and National Stocke Exchange (NSE).
PTIOct 13, 2019
The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue.
PTIOct 13, 2019
From time to time, the watchdog commissions studies through independent agencies to gather qualitative as well as quantitative information and insights from market participants and assess the state of competition in a given sector.
PTIOct 13, 2019
The IPO, which was open for subscription between September 30 and October 4, was subscribed 112 times at a price band of Rs 315-320 per share.
Express Web DeskOct 13, 2019
‘GST, demonetisation may have heightened risks for poorest’: World Bank cuts growth projection to 6%
While India has been relatively hit hard by the recent global slowdown, World Bank's Chief Economist for South Asia Hans Timmer told PTI that it's still a "fast-growing economy."
Express News ServiceOct 13, 2019
The bank, which has around 16,000 account holders, was put under financial restrictions by the RBI in May.
ENS Economic BureauOct 13, 2019
FM Sitharaman: Spoke to RBI Governor, concerns of PMC Bank’s customers will be addressed Subscriber Only
In a post on her official Twitter handle, Sitharaman wrote on Saturday, “Spoken to governor @RBI on the #PMCBank matter. He assured me that clients & their concerns will be kept on top priority.”
Sandeep SinghOct 13, 2019
The August figure takes the total outward remittance under LRS since April 2014 to $47 billion.
Express Web DeskOct 12, 2019
The ED has attached land, building, plant and machinery of the firm in Odisha under the Prevention of Money Laundering Act (PMLA).
ENS Economic BureauOct 12, 2019
The slide in the headline IIP numbers has been triggered by a contraction in manufacturing and electricity, alongside a record contraction in the production of capital goods — reflective of the weak investment climate.
ENS Economic BureauOct 12, 2019
“It’s a major corporate tax reform and partly driven by the fact that the backs are against the wall and it was kind of that we have to do something," Subramanian said.
ENS Economic BureauOct 12, 2019
“In this context, the board also discussed in detail the current state of the financial sector with special focus on the regulatory and supervisory architecture of commercial and cooperative banks as also NBFCs,” the central
Prabha RaghavanOct 12, 2019
RK Singh said that states needed to step up and take stern measures against electricity theft, and, contrary to popular belief, locking up offenders would not make them lose votes in the next elections.
ENS Economic BureauOct 12, 2019
Besides its 53.29 per cent stake in BPCL, the core group of secretaries on disinvestment has recently approved the sale of its 63.75 per cent stake in Shipping Corporation, 30 per cent in Container Corporation
Express News ServiceOct 12, 2019
She also said that she is in touch with representatives of the automobile industry and is taking efforts to accommodate their demands.
ENS Economic BureauOct 12, 2019
CBDT data for AY19: Total taxpayers rise 14% to 8.45 crore, those with income over Rs 1 crore up 19%
Seven individuals paid tax exceeding Rs 100 crore but less than Rs 500 crore in AY2018-19 (about Rs 151 crore), as against four individuals (tax paid Rs 166 crore) in the same category in the
Pranav MukulOct 12, 2019
Sector Watch — Aviation: Inform passengers about flight delays every 30 minutes, DGCA tells airlines Subscriber Only
In the letter written to the airlines on Friday, the DGCA stated: “Prompt redressal of passenger complaints should be the top most priority and must be attended to as per the relevant provisions of the
ENS Economic BureauOct 12, 2019
The month saw motorcycle sales dropping to the lowest-ever level in over two decades, while commercial vehicle sales declined the worst since January 2009, when sales declined 67.6 per cent.
Express Web DeskOct 11, 2019
The Finance Minister's statement was in response to a person who "derided" the GST during an interaction with businessmen, entrepreneurs and Chartered Accountants in Pune.
PTIOct 11, 2019
A strategy sub-committee of Central Board of Directors has been formed, the statement said. RBI deputy governors N S Vishwanathan, B P Kanungo and Mahesh Kumar Jain attended the meeting.
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