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moneycontrol.com

Economy

  • Agri Min demands Rs 11,000 cr more to implement PMFBY this yr

    Agri Min demands Rs 11,000 cr more to implement PMFBY this yr  

    The new scheme, PMFBY, was launched in January and is being implemented in the ongoing kharif (summer) season. The Centre aims to bring 4 crore farmers under the scheme.

    16 Aug 2016, 2.40 pm  |  Source: PTI

  • After Assam, Bihar Assembly passes GST bill

    After Assam, Bihar Assembly passes GST bill   

    While speaking in the Assembly, Kumar said there were lots of benefits of the GST.

    16 Aug 2016, 2.28 pm  |  Source: PTI

  • Rajan asks banks to improve cyber security systems

    Rajan asks banks to improve cyber security systems  

    "There have been cyber incidents in the recent past. I think it would be overly complacent for anyone of us to say we are well prepared to meet all cyber threats," he said at the annual Fibac event.

    16 Aug 2016, 2.10 pm  |  Source: PTI

  • Rajan asks banks to tap CASA deposits for project financing

    Rajan asks banks to tap CASA deposits for project financing  

    Stating that there is a large room for them to make enough profits from financing infrastructure, Rajan rued that since the crisis in infra space, banks are shunning project loans and are aggressively targeting retail borrowers.

    16 Aug 2016, 2.10 pm  |  Source: PTI

  • Raghuram Rajan calls for revamp of India`s bank regulators

    Raghuram Rajan calls for revamp of India's bank regulators   

    Raghuram Rajan listed a number of institutions that oversee banks, including parliament, the recently created Banks Board Bureau to improve governance at state-owned lenders and the RBI.

    16 Aug 2016, 12.21 pm  |  Source: Reuters

  • WPI inflation rises to near two-year high of 3.55%

    WPI inflation rises to near two-year high of 3.55%   

    WPI inflation climbs to near two-year high at 3.55 percent as against 1.62 percent month-on-month. Industrial inflation climbed to 1.8 percent from 1.17 percent last month.

    16 Aug 2016, 12.12 pm  |  Source: Moneycontrol.com

  • Retail NPS more than doubles in one year

    Retail NPS more than doubles in one year  

    PFRDA Chairman Hemant Contractor told PTI that the new tax benefits provision has drawn a lot of retail investors to the NPS schemes. Earlier, NPS schemes which were launched five years ago, had failed to get retail subscribers.

    16 Aug 2016, 10.40 am  |  Source: PTI

  • Coastal shipping can hand steel cos Rs 6,500 cr annual savings

    Coastal shipping can hand steel cos Rs 6,500 cr annual savings  

    Traditionally, steel plants in India are set up near the raw material source, with almost 85 per cent of the capacity following this pattern, a government report on the Sagarmala project said.

    16 Aug 2016, 8.28 am  |  Source: PTI

  • Railways starts RoRo service in Tripura to carry petro products

    Railways starts RoRo service in Tripura to carry petro products  

    In order to help Tripura, reeling under a fuel crisis owing to deplorable condition of the road connecting the land-locked state with rest of the country, railways undertook RoRo service of POL (petroleum, oil and lubricants) to c...

    16 Aug 2016, 7.38 am  |  Source: PTI

  • Petrol to be cheaper by Rs 1/litre, diesel Rs 2

    Petrol to be cheaper by Rs 1/litre, diesel Rs 2  

    Petrol will now cost Rs 60.09 a litre in Delhi from midnight as compared to Rs 61.09 a litre currently, said Indian Oil Corp (IOC). The price of diesel will cost Rs 50.27 per litre as against Rs 52.27.

    16 Aug 2016, 7.34 am  |  Source: PTI

  • Oil, gas industry to lose out heavily from GST: ICRA

    Oil, gas industry to lose out heavily from GST: ICRA  

    The GST law in its present form excludes a major portion of the oil and gas industry products thereby excluding the industry from most of the benefits of the one-tax-one-nation proposal.

    15 Aug 2016, 5.26 pm  |  Source: PTI

  • Decks cleared for power generation from KNPP unit 2

    Decks cleared for power generation from KNPP unit 2  

    "The Kudankulam Nuclear Power Plant Unit-2 has achieved a critical milestone. It first attained criticality on July 10 at 20.56 hours. Having completed the mandatory tests, we have got permission from AERB yesterday for going ahea...

    15 Aug 2016, 5.14 pm  |  Source: PTI

  • Chiplun-Karad rail link to boost port link, regional development

    Chiplun-Karad rail link to boost port link, regional development  

    The over 100-km line between Chiplun (in coastal Konkan region) and Karad (Western Maharashtra) will be constructed on public-private partnership basis. An MoU in this regard was signed yesterday between a private firm and Konkan ...

    15 Aug 2016, 4.48 pm  |  Source: PTI

  • PM Modi highlights faster rail network expansion

    PM Modi highlights faster rail network expansion  

    "Earlier, 1500 km line was commissioned in the last 10 years while today we have succeeded in commissioning 3500 km line in two years," Modi said in his Independence Day speech.

    15 Aug 2016, 4.32 pm  |  Source: PTI

  • Uncertainty on incentives may hit 60 GW wind power target:Report

    Uncertainty on incentives may hit 60 GW wind power target:Report  

    However, the reverse auction of wind projects may prove to be a game changer for the sector as it is likely to reduce the cost of power, improving its relative competitive advantage, said the report by ICICI Securities.

    15 Aug 2016, 4.22 pm  |  Source: PTI

  • Haryana preparing water projects: Manohar Lal Khattar

    Haryana preparing water projects: Manohar Lal Khattar  

    Manohar Lal Khattar said this while addressing the people after hoisting the National Flag during the 70th Independence Day celebrations at Shaheed Bhagat Singh Stadium in Sirsa today.

    15 Aug 2016, 4.14 pm  |  Source: PTI

  • Telangana to grow by fostering friendly ties with neighbouring

    Telangana to grow by fostering friendly ties with neighbouring  

    Addressing the gathering at Independence Day celebrations after unfurling the tri-colour at historic Golconda Fort here, Rao said measures taken in this direction have shown results.

    15 Aug 2016, 4.04 pm  |  Source: PTI

  • Will keep inflation in check, stay away from populism: PM Modi

    Will keep inflation in check, stay away from populism: PM Modi  

    Giving the 'reform, perform and transform' slogan in his third Independence Day address, Modi said the government has to be sensitive, responsible, accountable, transparent and efficient to complete the journey from 'Swarajya' (se...

    15 Aug 2016, 3.16 pm  |  Source: PTI

  • PM Modi assures middle class of an end to tax terrorism

    PM Modi assures middle class of an end to tax terrorism  

    "Middle class, upper middle class used to be hassled with I-T officers, more than police. I have to change this situation, I am working on it and will make the change happen," Modi said in his Independence Day address.

    15 Aug 2016, 2.26 pm  |  Source: PTI

  • Will ensure poor man`s food plate doesn`t become costly: PM Modi

    Will ensure poor man's food plate doesn't become costly: PM Modi  

    Delivering his third Independence Day address from the ramparts of Red Fort, he said his government has not allowed the rate of price rise to cross 6 percent as opposed to the double digit inflation during previous government.

    15 Aug 2016, 2.08 pm  |  Source: PTI

  • India to save Rs 20,000cr from new gas import deal with Qatar:PM

    India to save Rs 20,000cr from new gas import deal with Qatar:PM  

    India buys 7.5 million tons a year of liquefied natural gas (LNG) per annum from Qatar. The price formula for this was fixed 13 years back and the rate went out of sync when global energy prices slumped last year.

    15 Aug 2016, 1.48 pm  |  Source: PTI

  • GST to strengthen growth, make economy more predictable: PM

    GST to strengthen growth, make economy more predictable: PM  

    Modi credited all political parties for passing a Constitutional amendment in the just concluded Monsoon Session of Parliament to bring a single unified value added tax system to turn the country into world's biggest single market...

    15 Aug 2016, 1.14 pm  |  Source: PTI

  • LED bulbs can help save Rs 1.25 lakh cr in energy cost: PM

    LED bulbs can help save Rs 1.25 lakh cr in energy cost: PM  

    Delivering his third Independence Day address from the ramparts of the Red Fort, he said light-emitting diode (LED) bulbs not just save electricity but also reduce CO2 emissions and contribute to the environment and the economy.

    15 Aug 2016, 12.40 pm  |  Source: PTI

  • MP working to generate 22,000 MW power by 2022, says CM on I-Day

    MP working to generate 22,000 MW power by 2022, says CM on I-Day  

    The state is providing 24-hour uninterrupted power to non-agriculture sector and is making efforts for supplying 10-hour dedicated electricity for agriculture purpose.

    15 Aug 2016, 12.40 pm  |  Source: PTI

  • Andhra CM hits out at Centre over unfulfilled promises to AP

    Andhra CM hits out at Centre over unfulfilled promises to AP  

    They are not releasing funds for the Polavaram irrigation project nor are they trying to resolve the contentious issues between the two states (AP and Telangana)," the Chief Minister said on the occasion of the 70th Independence D...

    15 Aug 2016, 12.40 pm  |  Source: PTI

  • Govt aims to provide 5 cr LPG connections within 3 years: PM

    Govt aims to provide 5 cr LPG connections within 3 years: PM  

    Delivering his third Independence Day speech from the ramparts of the Red Fort, he said the government's focus on providing cleaner, efficient and cheaper cooking fuel to households has led to issuing of an unprecedented number of...

    15 Aug 2016, 12.40 pm  |  Source: PTI

  • India`s exports better placed in product diversification:Study

    India's exports better placed in product diversification:Study  

    India has consistently diversified its export products as concentration of top ten export products was 60 percent in 2010 and 58 percent in 2015, noted the analysis conducted by PHD Chamber of Commerce.

    15 Aug 2016, 11.20 am  |  Source: PTI

  • Govt has not allowed inflation to cross 6%: PM

    Govt has not allowed inflation to cross 6%: PM  

    Backing a new inflation target, Prime Minister Narendra Modi today said his government has not allowed the rate of price rise to cross 6 per cent as opposed to the double digit inflation during previous government.

    15 Aug 2016, 11.20 am  |  Source: PTI

  • `Agenda of PM`s independence speech was to reassure common man`

    'Agenda of PM's independence speech was to reassure common man'   

    “Most reassuring is the manner in which he (Modi) politically packaged the economic reforms,” says AK Bhattacharya, Editor of Business Standard adding that it was a people-friendly speech.

    15 Aug 2016, 10.47 am  |  Source: CNBC-TV18

  • Reforms at lower level needed to improve ease of doing biz: FM

    Reforms at lower level needed to improve ease of doing biz: FM  

    "Reform is required at the lower level (civic bodies) along with Centre and state efforts to improve ease of doing business," Jaitley stressed.

    15 Aug 2016, 8.54 am  |  Source: PTI

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