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Economy

  • How JAM Trinity will transform lending, propel growth

    How JAM Trinity will transform lending, propel growth   

    In CNBC-TV18's 'Indianomics' series, Nandan Nilekani, Former Chairman, UIDAI; Mentor, Ispirt and Ashish Gupta, MD & Head of Research, Credit Suisse discuss how Aadhar, along with government’s financial inclusion program and a sm...

    23 Jul 2016, 2.24 pm  |  Source: CNBC-TV18

  • Railways aims to significantly reduce carbon footprints

    Railways aims to significantly reduce carbon footprints  

    The Indian Council for Research on International Economic Relations and the Climate Policy Initiative in their reports have identified potential pathways to decarbonise the Railways by 2030.

    23 Jul 2016, 1.14 pm  |  Source: PTI

  • Nitish discusses prospects of investment in textile sector

    Nitish discusses prospects of investment in textile sector  

    Vice-President of Apparel Export Promotion Council H K L Maggu gave a presentation before Kumar on the prospects of setting up textile industries in Bihar, an official statement said here.

    23 Jul 2016, 1.14 pm  |  Source: PTI

  • Power sector acquisitions to get cheaper over next year: CESC

    Power sector acquisitions to get cheaper over next year: CESC  

    "Opportunities will come cheaper in a year or so. This is our articulated calculation for it," the group's Chairman Sanjiv Goenka said here on the sidelines of the company's Annual General Meeting (AGM).

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • Farmers planting pulses in big way; area up by 39%

    Farmers planting pulses in big way; area up by 39%  

    The area under pulses has increased sharply by 87 percent in Karnataka to 14.09 lakh hectare as of today, from 7.53 lakh hectare when compared to the year-ago period, as per the data released by the Agriculture Ministry.

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • Cong, AGP MLAs demand scrapping of oilfield auctioning

    Cong, AGP MLAs demand scrapping of oilfield auctioning  

    "Auctioning of oilfields is the most controversial issue today in Assam. Everywhere in the state protests are going on against privatisation of our resources and we are opposed to it," Congress MLA Ajanta Neog said in the House.

    23 Jul 2016, 12.18 pm  |  Source: PTI

  • Govt notifies rules for National Company Law Tribunal

    Govt notifies rules for National Company Law Tribunal  

    The rules for the National Company Law Appellate Tribunal have also been notified by the Corporate Affairs Ministry.

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • Forex reserves up $1.40 bn to $363.35 bn

    Forex reserves up $1.40 bn to $363.35 bn  

    Foreign currency assets (FCAs), a major component of the overall reserves, rose by USD 1.404 billion to USD 338.897 billion in the reporting week, RBI data showed.

    22 Jul 2016, 9.04 pm  |  Source: PTI

  • Cut in MRP may hurt non-urea fert producers` profit: Report

    Cut in MRP may hurt non-urea fert producers' profit: Report  

    The decision to reduce the MRP of non-urea fertilisers comes against the backdrop of a sharp decline in the nutrient based subsidy rates announced for FY17 by the government of India in March 2016, it said.

    22 Jul 2016, 6.54 pm  |  Source: PTI

  • I-T dept conducts searches at premises of pulses traders

    I-T dept conducts searches at premises of pulses traders  

    He said the tax department had conducted searches and surveys at various premises of assessees engaged in the business of pulses.

    22 Jul 2016, 5.46 pm  |  Source: PTI

  • Cloud shift to affect over $1 tn in IT spend in 5 yrs: Gartner

    Cloud shift to affect over $1 tn in IT spend in 5 yrs: Gartner  

    The aggregate amount of cloud shift in 2016 is estimated to reach USD 111 billion, increasing to USD 216 billion in 2020.

    22 Jul 2016, 5.34 pm  |  Source: PTI

  • Weed out red-tapism or face action: Gadkari to officials

    Weed out red-tapism or face action: Gadkari to officials  

    Peeved with slow pace of reforms in the shipping sector, Union Minister Nitin Gadkari today called for a change in mindset and asked officials to "weed out obstacles and remove red-tapism", or face stern action.

    22 Jul 2016, 5.04 pm  |  Source: PTI

  • Part of unused TV spectrum to be utilised for mobile services

    Part of unused TV spectrum to be utilised for mobile services  

    He said that it has been decided that part of the spectrum in the band will be put to use for International Mobile Telephony (IMT) services, when ecosystem for it is developed.

    22 Jul 2016, 5.04 pm  |  Source: PTI

  • Kharif crops output likely to be better than last year

    Kharif crops output likely to be better than last year  

    Till last week, total area sown to kharif crops was higher by 11.38 lakh hectares when compared to the year-ago period.

    22 Jul 2016, 5.04 pm  |  Source: PTI

  • Sebi took action against Franklin, JPMorgan MFs: Govt

    Sebi took action against Franklin, JPMorgan MFs: Govt  

    Sebi has initiated adjudication and enquiry proceedings against JPMorgan MF in December last year for violation mutual fund regulations in the matter of investment in Amtek Auto's debt securities.

    22 Jul 2016, 4.24 pm  |  Source: PTI

  • India avoided adverse Brexit effect, now a safe haven: Jaitley

    India avoided adverse Brexit effect, now a safe haven: Jaitley  

    "The government has assessed the impact of Brexit on the Indian economy. Thus far, India has not only avoided adverse impacts, but it has in fact emerged as a safe haven for investors around the world," Jaitley said in a written r...

    22 Jul 2016, 3.58 pm  |  Source: PTI

  • New head for joint Parliament panel on land acquisition bill

    New head for joint Parliament panel on land acquisition bill  

    Ganesh Singh, who was already member of the panel, replaces S S Ahluwalia who became Minister of the State for Parliamentarty Affairs in the July 5 reshuffle of the council of ministers.

    22 Jul 2016, 3.40 pm  |  Source: PTI

  • Plans to create industrial park exclusively for women in TN

    Plans to create industrial park exclusively for women in TN  

    Talking to reporters here, Devika said that land has been earmarked for such parks in Telengana, Gujarat and Karnataka and have in principle agreement from Assam, Haryana, Meghalaya, Punjab, Uttar Pradesh and West Bengal.

    22 Jul 2016, 3.36 pm  |  Source: PTI

  • I-T dept detects Rs 22,000 cr undisclosed income in 2 years: FM

    I-T dept detects Rs 22,000 cr undisclosed income in 2 years: FM  

    As part of enforcement measures the department has conducted searches in 990 groups of assessees during the last two years (2014-15 and 2015-16), seizing undisclosed assets worth Rs 1,474 crore, he said in a written reply to a que...

    22 Jul 2016, 3.26 pm  |  Source: PTI

  • Rise in financial fraud sore point for foreign investors: Study

    Rise in financial fraud sore point for foreign investors: Study  

    "Cases of financial fraud have risen in India over the last few years and become one of the main factors deterring foreign companies from investing in India. As the economy is growing, increasing corporate frauds will prove to be ...

    22 Jul 2016, 3.14 pm  |  Source: PTI

  • India receives $5.34 bn FDI in April-May

    India receives $5.34 bn FDI in April-May  

    During April-May the country attracted USD 4.76 billion FDI under automatic route, while USD 582 million came through the approval route, Minister of State for Finance Arjun Meghwal said in a written reply to the Lok Sabha.

    22 Jul 2016, 3.14 pm  |  Source: PTI

  • Govt asks RBI to provide low interest-rate loans to EXIM Bank

    Govt asks RBI to provide low interest-rate loans to EXIM Bank  

    "The RBI was requested to earmark a portion of forex reserves to Exim Bank for project export finance," Minister of State For Finance Santosh Kumar Gangwar said in a written reply to Lok Sabha.

    22 Jul 2016, 3.08 pm  |  Source: PTI

  • Cos to get PAN, TAN within a day; paperless application starts

    Cos to get PAN, TAN within a day; paperless application starts  

    Besides, individuals can now get a new Permanent Account Number (PAN) through Aadhaar-based e-signature facility which will reduce the effective time in allotment.

    22 Jul 2016, 1.54 pm  |  Source: PTI

  • PM Modi lays foundation stone for fertiliser plant in Gorakhpur

    PM Modi lays foundation stone for fertiliser plant in Gorakhpur  

    PM Modi also laid the foundation stone for setting up of an All India Institute of Medical Science (AIIMS) at an estimated cost of Rs 1,011 crore to provide super-specialty healthcare to people of the state and create a large pool...

    22 Jul 2016, 1.54 pm  |  Source: PTI

  • India`s water reservoirs at 34% capacity in week to July 21

    India's water reservoirs at 34% capacity in week to July 21  

    The latest levels were higher than the last 10 years' average of 33 percent, and were 5 percentage points more compared with the previous week.

    22 Jul 2016, 12.47 pm  |  Source: Reuters

  • PM Modi assures assistance for development of coir industry

    PM Modi assures assistance for development of coir industry  

    Radhakrishnan apprised Modi of the current scenario of the industry in the country and stressed the need for a paradigm shift in the advancement of technology in the industry, a release from the board said.

    22 Jul 2016, 11.48 am  |  Source: PTI

  • Wardha-Nanded rail line project gets special status

    Wardha-Nanded rail line project gets special status  

    A communication in this regard has been received by District Collector Sachindra Pratap Singh from Central Railway's Chief Administrative Officer M K Gupta, he said.

    22 Jul 2016, 11.26 am  |  Source: PTI

  • India ranks 110th on Sustainable Development index

    India ranks 110th on Sustainable Development index  

    The Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung launched a new Sustainable Development Goal Index and Dashboard to provide a report card for tracking Sustainable Development Goals (SDG) progress a...

    22 Jul 2016, 10.24 am  |  Source: PTI

  • PSBs capital needs significantly higher than budgeted: Moody`s

    PSBs capital needs significantly higher than budgeted: Moody's  

    The firm estimates that the 11-rated PSBs need Rs 1.2 lakh crore capital to shore up their balance sheets, which far exceeds the Rs 45,000-crore budgeted for disbursal to the banks by March 2019.

    22 Jul 2016, 10.24 am  |  Source: PTI

  • Navi Mumbai airport first phase likely by Dec 2019: Jayant Sinha

    Navi Mumbai airport first phase likely by Dec 2019: Jayant Sinha  

    Minister of State for Civil Aviation Jayant Sinha said the Navi Mumbai airport project has received all approvals except stage-II forest clearance, which is expected shortly.

    22 Jul 2016, 9.44 am  |  Source: PTI

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