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Updated: 39 min 27 sec ago

Unprecedented financial sector crisis in 70 years, says NITI Aayog

4 hours 26 min ago
NITI Aayog Vice-Chairman Rajiv Kumar also said there was no business of the government to hold back payments to companies.
Categories: India News

Govt bailouts a moral hazard, says CEA Krishnamurthy Subramanian

4 hours 34 min ago
Calls for a fiscal boost from the government for sectors like automobiles have been growing in the past few weeks after the budget from Nirmala Sitharaman failed to provide support
Categories: India News

EPFO to allocate equity investments equally in Nifty and Sensex firms

7 hours 39 min ago
Decision against hiring private fund managers
Categories: India News

Govt proposes ban on e-cigarettes, jail terms for offenders: Report

7 hours 55 min ago
Health ministry's plan would deal a blow to U.S.-based Juul Labs Inc, which is hoping to launch its e-cigarette in India.
Categories: India News

Extraordinary steps needed to deal with financial sector stress : NITI V-C

8 hours 18 min ago
Explaining the reason for the stress in the financial sector, Kumar said the slowdown started with indiscriminate lending during 2009-14, leading to rise in NPAs post 2014
Categories: India News

Advance part-withdrawal approved under Employees' Pension Scheme

8 hours 51 min ago
The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009
Categories: India News

Amit Shah said resuming mining in Goa govt's priority, says state BJP

9 hours 3 min ago
The Supreme Court in March 2018 scrapped licences given to mining companies in the state.
Categories: India News

Govt may decide on Odisha plea on iron ore area limit hike in two weeks

11 hours 22 min ago
Earlier, the Union mines ministry had turned down a proposal of the Odisha government to increase the area limit of mining lease for iron ore
Categories: India News

HSBC lays off 150 employees from India back offices for 'realignment'

11 hours 48 min ago
The layoffs were are at the mid-management level at HSBC centres in Pune and Hyderabad.
Categories: India News

Rupee crashes to over 8-mth low of 71.81 on foreign fund outflows

12 hours 4 min ago
Also, the sudden drop in Chinese yuan led to increased volatility in emerging market currencies, including the rupee
Categories: India News

Government to launch an e-commerce portal to help SMEs: Nitin Gadkari

12 hours 51 min ago
The minister said MSME sector is likely to contribute 50 per cent to the total GDP in the next five years
Categories: India News

Even a stimulus package can't help the economy much, says report

14 hours 29 min ago
The warnings come amid the gloomy news on the growth front, with GDP expansion sliding to a 5-year-low of 5.8 percent in March and expected to fall further in June quarter
Categories: India News

India's widening debt market cracks threaten to swallow realty tycoons

Wed, 08/21/2019 - 11:08pm
The weak performance of property businesses and an acute liquidity crunch were cited as key reasons for rating downgrades
Categories: India News

BJP leaders to meet officials, economists to talk growth, demand slowdown

Wed, 08/21/2019 - 4:32pm
Former chief economic advisor Arvind Virmani and State Bank of India's group chief economic advisor Soumya Kanti Ghosh are likely to attend the event
Categories: India News

No deadline: Centre allays auto sector's electric vehicle concerns

Wed, 08/21/2019 - 4:23pm
Automakers have expressed apprehensions over the government's vigorous push to convert 15 per cent of all vehicle sales in the next five years into electric-powered ones
Categories: India News

Health ministry opposes proposal to hold common entrance exam for varsities

Wed, 08/21/2019 - 2:16pm
The draft also talks about creating school complexes which experts feel would only be successful in urban areas as it is in these areas that adequate teachers are available
Categories: India News

Minutes of MPC meeting: Fixing weak economic growth remains top priority

Wed, 08/21/2019 - 2:08pm
What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India
Categories: India News

Stop personalising profits, socialising losses: CEA to India Inc

Wed, 08/21/2019 - 12:30pm
He also said it will be only investment and not consumption that will help the economy grow
Categories: India News

EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

Wed, 08/21/2019 - 12:25pm
Besides, the Employees' Provident Fund Organisation (EPFO) also approved a proposal for early redemption of its investment of around Rs 700 crore in bonds of DHFL
Categories: India News

RTGS system to open at 7 AM from August 26 as RBI extends operating hours

Wed, 08/21/2019 - 12:00pm
At present, the Real Time Gross Settlement (RTGS) System is available for customer transactions from 0800 hours to 1800 hours
Categories: India News