New Delhi: Petrol and Diesel prices have been slashed today by Rs. 2.43/litre and Rs. 3.60/litre respectively. The change in price will be effective from midnight.The fuel prices were last revised on 16th July'15 and
New Delhi: The Hong Kong central bank today penalised State Bank of India's Hong Kong branch USD 1 million (Hong Kong dollar 7.5 million) for alleged violation of local anti-money laundering and counter-terror financing laws.
New Delhi: Reserve Bank is likely to pause on rates at its ensuing meeting next week, but may go for a rate cut by the end of the year, as further clarity on the monsoon
New Delhi: Just 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.This is more than double the amount of total tax
New Delhi: Raising a red flag over “empty promises” of the Modi government, global giant Moody's today said delay in key reforms is denting business confidence and the foreign investors are wary of investing in
Mumbai: Clarity regarding P-Notes, the government's push for reforms and the expiry of July derivative contracts, coupled with the US Fed's decision to keep interest rates intact, buoyed investor sentiments on Thursday.The global and domestic
New Delhi: Moody's today cautioned against tampering with the independence of the Reserve Bank of India (RBI) in deciding on interest rates, saying it would hurt India's economic prospects.Moody's Analytics, an economic research unit of
New Delhi: Government today said it has cleared seven foreign investment proposals, including that of Hathway Cable and Datacom, totalling over Rs 981 crore.The proposals worth Rs 981.15 crore have been cleared by the Finance
Mumbai: With e-commerce platforms increasingly turning to the Indian Posts to deliver their orders to customers, the fast flourishing e-retail business has become a revenue generator for the state-run agency, whose traditional operations are dented
Mumbai: Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said that the inability to get quality talent may be hurting policy-making."In our country, there
Thiruvananthapuram: Kerala is ranked at the top with regard to actual exports and actual investments through Agri Export Zone (AEZs), an Assocham study has said.The study says that with an export value of about Rs.2,278
New Delhi: To soothe nerves of jittery foreign investors after an SIT on black money suggested stricter norms for P-Notes, the Government on Monday said it will not take any “knee-jerk” reaction that will will
Chennai: Gold prices on Monday slipped down to Rs.2,370/gram while the demand for the yellow metal has picked up."Gold prices has come down to Rs.2,370/gram (22 carat) from Saturday's rate of Rs.2,377/gram. However demand for
New Delhi: The Centre has sanctioned Rs 1,000 crore for laying of 15.06 km long tracks to connect Indian Railways with Bangladesh through the North East."We were informed by the Centre on Saturday that it
New York: The US-India Business Council (USIBC) Medical Device Trade Mission is "excited about the opportunities in India" from Prime Minister Modi's "Make in India, Innovate in India" initiatives and expects the sector to grow
Bengaluru: A paradigm shift is required in policies and procedures to 'Make in India' and enable the country reduce imports and increase indigenisation for self-reliance in aerospace and defence, a senior official said on Friday."We
New Delhi: Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator Sebi to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also
New Delhi: In a move that may dilute powers of Reserve Bank of India (RBI) chief, the government today proposed taking away his authority to veto the interest rate decision of the central bank's monetary
New Delhi: US-based renewable energy major SunEdison on Thursday announced a long-term power agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply 180 MW solar power for the New Delhi area."This is the largest
Melbourne: Indian mining giant Adani Group has suspended two major contractors on its 16.5 billion dollar coal and mine project in Australia, triggering fresh speculation about the company's ability to finance the country's largest coal
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