Business
Bank of India Joins the Under-reporting Club, Logs in Rs 2,341 Crore Loss
The bank's NPA ratio worsened in the quarter. Its gross non-performing assets jumped to 16.93 percent from 13.38 percent, while net NPAs crossed the double digits at 10.29 percent from 7.09 percent.
GAIL India Posts 28 Per Cent Jump in Third-quarter Profit, Misses Analysts' Estimates
Profit from continuing operations rose to 12.62 billion rupees ($196.22 million) for the quarter ended December 31, from 9.83 billion rupees a year earlier, the gas marketing company said on Monday.
Reliance Infrastructure Bags Rs 567 Crore NTPC Order in Haryana
The scope of the work includes design, engineering, manufacture, erection and civil work, as well as testing and commissioning of the FGD system.
US, UK Government Websites Infected With Crypto-Mining Malware: Report
More than 4,200 sites were infected with a malicious version of a widely used tool known as Browsealoud from British software maker Texthelp, which reads out webpages for people with vision problems, according to The Register.
India to Seek Lower Oil Rates from Saudi Arabia, US
Saudi Oil Minister Khalid A Al-Falih will visit India on February 23-24 while US Energy Secretary Rick Perry would be here between February 28 and March 1, Oil Minister Dharmendra Pradhan said.
Banks Set to Raise Lending Rates, Pre-empting RBI
HDFC Bank, India's second-biggest bank by assets, on Wednesday became the latest to raise some rates by 10 basis points. The same day, the Reserve Bank of India kept its policy rate unchanged, to "carefully" nurture economic growth.
Idea Snaps Interconnect Services With Aircel Citing Dues
Idea - which is on the verge of merging with larger rival Vodafone in India - said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount or the circles.
Market Rout Erodes Rs 9.6 Lakh Crore Investor Wealth in 3 Days
Investor sentiment has remained sluggish after the government announced in the Budget a proposal to levy 10 per cent long-term capital gains (LTCG) tax on equities and projected a fiscal deficit of 3.5 per cent of GDP for 2017-18.
Bitcoin 'Biggest Bubble in Human History', Says Man Who Predicted 2008 Global Recession
"Now bitcoin crashing below 8000, headed towards 7000. Down 60% from the peak, 40% in a month and over 10% today. The Mother of All Bubbles and Biggest Bubble in Human History Comes Down Crashing," he wrote on the micro-blogging site.
Central Government Jobs go up 2.53 Lakh in Two Years
This is 2.53 lakh more than the headcount of 32.52 lakh in March 2016. About 2.27 lakh jobs are estimated to have been added in central government departments between 2016 and 2017.
Air Travel Cheaper Than Using Auto-Rickshaws: Jayant Sinha
The minister claimed that more people were opting for air travel because the country had the cheapest fares in the world and added that Finance Minister Arun Jaitley had remarked that a man wearing slippers is also now flying.
In the Election Year, Union Budget Fails to Impress Madhya Pradesh Agri Sector
MP had seen a number of farmers’ agitation on falling farm prices this year, mostly during June when five farmers were killed in police firing during the protest.
Union Budget 2018: Share of Defence Budget in GDP Lowest Since China War
In the 2018-19 Union Budget, the amount of Rs 2.95 lakh crore works out to around 1.58% of India’s Gross Domestic Product (GDP).
India Slips to 42nd Place on EIU Democracy Index; US at 21st
While Norway has again topped the list, followed by Iceland and Sweden, compiled by the Economist Intelligence Unit (EIU), India has moved down from 32nd place last year and remains classified among "flawed democracies".
Explained: Jargons You Heard in Arun Jaitley's Budget Speech Today
News18 has decoded some of these terms you'll Hear in Arun Jaitley's budget speech today.
Air India Divestment, GST Stabilisation, NPA Settlements Big Reforms; Rate Cut Unlikely, Hints CEA Arvind Subramanian
In a conversation with CNBC TV18's Shereen Bhan, Chief Economic Adviser (CEA) Arvind Subramanian said the government is not likely to come up with monetary easing in the recent future.