Business
CNG, Piped Cooking Gas Prices Hiked in Delhi, NCR
IGL, which retails CNG to automobiles and piped cooking gas to households in national capital region (NCR), said CNG price in Delhi will be Rs 40.61 per kg and Rs 47.05 in Noida, Greater Noida & Ghaziabad, effective midnight tonight.
PNB Fraud Case: RBI Says Examining Enforcement Action
Replying to an RTI query, the central bank also said it has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning...
Vedanta Wins Bid to Buy Bankrupt Electrosteel Steels
The transaction, financial details of which were not disclosed, is part of the new bankruptcy law, which is aimed at cutting close to $150 billion of accumulated soured loans by pushing loan defaulter firms into insolvency.
Impose Safeguard Duty on Solar Cells Import: ISMA
The association has written to the Commerce ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70 per cent duty on imports of solar PV cells and modules. Safeguard Duty, Solar Cells Import, ISMA, Solar Manufactu...
Private Airlines Say Govt Data Creating False Illusion About Safety of Flyers
SpiceJet, which has a fleet size of 57 aircraft, faced 4,903 snags (86.02 snags per annum). Vistara, with a fleet size of 17 aircraft, faced 1,225 snags (72.06 snags per annum).
Uber Seen Girding for Battle with Ola in India Ahead of IPO
Uber and Ola are both backed by a common investor, SoftBank, which pushed behind the scenes for the merger between Uber and Grab Holdings in Southeast Asia.
Amazon Sheds $53 Billion in Market Value After Report on Trump Threat
Trump has taken aim at the company over taxes and jobs, without offering evidence. The retailer's chief executive officer, Jeff Bezos, owns the Washington Post, which Trump has frequently criticised.
Air India Divestment: Govt Invites Bids to Sell 76 Per Cent Stake
The government on Tuesday proposed selling 76% stakes in Air India to private parties, with the condition that the brand 'Air India' will be retained and the control of the national-carrier will be with Indian nationals.
Rupee Rises 10 Paise Against Dollar in Opening Trade
On Friday, the rupee had gained 10 paise to end at 65.01 against the US currency which suffered losses in global markets on intensifying trade war worries.
India Proposes to Negotiate Trade Pact With Africa: Suresh Prabhu
Commerce and Industry Minister Suresh Prabhu on Sunday said that both the sides can work on negotiating a "completely unique" free trade agreement which will be beneficial to African countries.
Telecom Subscriber Base Dips to 117.5 Crore in January: Trai
"The number of telephone subscribers in India declined from 1,190.67 million at the end of December 2017 to 1,175.01 million at the end of January 2018, thereby showing a monthly decline rate of 1.32 per cent," the Telecom Regulatory Authority of India sa...
CBI Books Former General Manager of IDBI For Rs 445.32 Crore Fraud
The agency has alleged that loans worth Rs 192.98 crore were availed during 2009-10, 2010-11 and 2011-12 by 220 borrowers comprising 21 aggregator groups, who in criminal conspiracy with former General Manager Battu Rama Rao, submitted forged documents an...
Trump’s China Tariffs Drag Nifty Below 10,000-Mark, Sensex Down 471 Points in Opening Trade
The BSE Sensex plunged below the 33,000-level, plummeting 471.44 points, or 1.42 per cent, to 32,534.83. The gauge had lost 129.91 points in the previous session. The NSE Nifty too cracked below the crucial 10,000 mark by diving 153.45 points, or 1.51 per...
Rupee Opens Flat Against US Dollar
On Tuesday, the domestic unit had slipped by 3 paise to end at 65.20 a dollar due to demand uptick for the greenback.
India's Net Exports Not Doing Well, Says Bibek Debroy
Debroy further highlighted that India is facing a dilemma from the point of view of pushing exports, as exporters would like exchange rate to depreciate, however exchange rate might not depreciate as much as exporters want because of capital inflows.
G20 Financial Leaders Seek 'Free Trade' Pledge Amid US Tariffs Concern
Finance ministers and central bank governors of the world's 20 biggest economies are meeting in Buenos Aires to discuss the economic outlook, capital flows, cryptocurrencies like Bitcoin, and how to prevent tax avoidance by international companies.