Malaysian budget airlines group, AirAsia today announced discounted fares, starting as low as Rs 1,099 for domestic destinations operated by its Indian joint venture carrier and Rs 2,999 for international flights operated by other group airlines under a limited period offer.
President Donald Trump today said the US needs a "good shutdown" in September to fix a "mess" in the Senate, expressing frustration over the hurdles posed by the Democratic party in passing the budget proposed by him.
The Budget session of parliament came to an end today, with both houses being adjourned sine die. However the session itself has been one of the most eventful sessions so far, with significant forward movement on several crucial legislations. CNBC-TV18's Rituparna Bhuyan and Areeb Sherwani give a wrap up the session.
Finance Minister Arun Jaitley today received a pat from President Pranab Mukherjee for completing the budget exercise by March 31 and not seeking a the Vote on Account, which happened for the first time in many years.
Foreign brokerage HSBC today said despite financial support from the Centre, Indian state governments' fiscal deficit widened more than budgeted and the gap will remain at the elevated level in 2017-18.
The BJP's decision not to contest the elections for the posts of Mayor and Deputy Mayor in the Brihanmumbai Municipal Corporation (BMC), where it won just two seats less than the Sena in the just-concluded Mumbai civic polls, is likely to ease strains in relations between the two saffron parties.
As NPAs of public sector banks soared to a staggering Rs 6.8 lakh crore, the chairman of a key Parliamentary panel today favoured naming and shaming corporate houses which default on repayment of bank loans.
The CSO, which released the quarterly GDP figures today, has been barred by the Election Commission from releasing any state-specific data during the ongoing assembly elections lest it should influence voting pattern.
The fiscal deficit for April top January period came at 5.64 lakh crore as against Rs 5.32 lakh crore year-on-year (YoY). The fiscal deficit for the period is 105.7 percent of the FY17 Budget estimate.
Amid signs of slide in consumer goods sales and muted investment activity because of the cash crunch, it is highly likely that the CSO will sharply revise downwards Indias GDP growth in its second advance estimates.
Sebi wants more clarity on imposition of 10 percent Long Term Capital Gains (LTCG) tax proposed in the Union Budget, Chairman U K Sinha said today while asserting that the regulator would not allow market manipulation by those abusing tax exemptions.