Business

Among the nationalised banks, Punjab National Bank topped the chart with 143 non-performing asset (NPA) accounts carrying over Rs 100 crore each. They collectively owed the Delhi-headquartered bank Rs 45,973 crore.

Air India, which was founded in the 1930s by the Tata Group and nationalised in 1953, is saddled with a debt of $8.5 billion.

Foreign portfolio investors (FPIs) had pumped in Rs 48,400 crore or $7 billion into the domestic equities in FY17 and this is set to witness a four-five-fold increase in the year to March at $28-35 billion.

He would be eligible for variable pay of Rs 9.75 crores at the end of the fiscal year," independent board member at Infosys Kiran Mazumdar Shaw told PTI.

The Sensex rose 158.35 points, or 0.46 per cent, to 33,970.61 in early trade.

The stock markets also opened strong but lost some of the gains later. The BSE Sensex was trading up 48.77 points or 0.14 per cent at 33,861.52 after hitting a high of 33,964.14. FIIs bought shares worth Rs 325 crore in net basis on Monday.

Along with MRP, the companies have to display the manufacturing date, expiry date, net quantity, country of origin and consumer care details on the label.

The MoEF, in an amendment notification published on December 9, 2016, exempted buildings and construction projects from the process of environment impact assessment (EIA) and prior environmental clearance.

India must create its own success stories on the lines of global giants such as Google, Alibaba or Tencent, Union Minister of State for Civil Aviation Jayant Sinha said.

There remains some disagreement among policymakers about the need to raise rates since there are few signs that inflation is accelerating even with very low unemployment.

The overall hiring sentiment of employers in India, as per major staffing consultancies, should continue on the revival path that has got underway in the last quarter of 2017 after three consecutive quarters of downtrend.

The launch has given an extra kick to the cyptocurrency's scorching run this year. It has nearly doubled in price since the start of December, but recent days saw sharp moves in both directions, with bitcoin losing almost a fifth of its value on Friday af...

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, and a uniform 5 per cent tax was prescribed for both air-conditioned and non-AC restaurants.

According to the Ministry of Finance, the Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill) which is presently under the consideration of the Joint Committee of Parliament provides additional level of protections for depositors than other...

The committee had last cut the lending rate by 25 basis points in August this year. The decision comes much to the expectation of experts and market-watchers who had predicted the stay in rates.

November's Nikkei/IHS Markit Services Purchasing Managers' Index fell to 48.5 - its lowest since August - from 51.7 in October, well below the 50 mark that separates expansion from contraction.