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  • ACC appoints Neeraj Akhoury as MD& CEO

    ACC appoints Neeraj Akhoury as MD& CEO  

    Mid-sized private sector lender Indusind Bank today announced the appointment of RBS hand Gaurav Kapur as its chief economist.

    07 Feb 2017, 9.42 am  |  Source: PTI

  • Facebook, Google join drive against fake news in France

    Facebook, Google join drive against fake news in France  

    Social networks and news aggregators came under fire during the US presidential vote when it became clear they had inadvertently fanned false news reports.

    07 Feb 2017, 7.49 am  |  Source: Reuters

  • Top Indian diplomat re-appointed to UN Joint Inspection Unit

    Top Indian diplomat re-appointed to UN Joint Inspection Unit  

    Achamkulangare Gopinathan, a top Indian diplomat, has been re-appointed by the UN General Assembly to the Joint Inspection Unit, the only independent external oversight body of the UN system.

    04 Feb 2017, 11.34 am  |  Source: PTI

  • US revokes 100K visas post Trump`s executive orders

    US revokes 100K visas post Trump's executive orders  

    The US has revoked more than 100,000 visas after President Donald Trump signed executive orders on immigration that banned people from seven Muslim-majority nations from entering the country.

    04 Feb 2017, 9.42 am  |  Source: PTI

  • Financial problems in print media flagged in Rajya Sabha

    Financial problems in print media flagged in Rajya Sabha  

    The financial problems faced by the print media industry were today flagged in the Rajya Sabha with a demand that the government should address the matter by reviewing its advertisement rates which have been stagnant since October...

    03 Feb 2017, 6.20 pm  |  Source: PTI

  • Indian IT sector has a total revenue of Rs 8.4 lakh cr: Govt

    Indian IT sector has a total revenue of Rs 8.4 lakh cr: Govt  

    The Indian IT sector has its presence in 200 cities of 86 countries across the world and employs 37 lakh people while having a revenue rollover of Rs 8.4 lakh crore, the Rajya Sabha was informed today.

    03 Feb 2017, 4.32 pm  |  Source: PTI

  • Godfrey Phillips Q3 net jumps over 3-fold to Rs 38.44 cr

    Godfrey Phillips Q3 net jumps over 3-fold to Rs 38.44 cr  

    Cigarette maker Godfrey Phillips India today reported an over three-fold jump in its standalone net profit at Rs 38.44 crore for the third quarter ended December 31, 2016.

    02 Feb 2017, 9.40 pm  |  Source: PTI

  • Public cloud services in India to reach USD1.8bn in 2017:Gartner

    Public cloud services in India to reach USD1.8bn in 2017:Gartner  

    Public cloud services market in India is projected to grow 38 per cent to USD 1.81 billion in 2017, according to research firm Gartner.

    02 Feb 2017, 7.22 pm  |  Source: PTI

  • Art Personified: BMW Group Brings the 13th BMW Art Car to India  

    BMW Group India presents the 13th BMW Art Car created by Italy’s most renowned contemporary artist Sandro Chia. His creation will be ...

    02 Feb 2017, 5.13 pm  |  Source: Business Wire India

  • Uflex Launches Reflective Colour Communications System for the Converting Industry  

    Getting a metallic sheen on a non-metallic substrate sounds rather uncanny, but owing to the reflective colour communication system offered by the ...

    02 Feb 2017, 2.16 pm  |  Source: Business Wire India

  • Enhanced allocation for metro projects in budget

    Enhanced allocation for metro projects in budget  

    The Centre has set aside over Rs 17,810 crore for metro projects across the country in the Union Budget for 2017-18, which is a jump of nearly 14 per cent over last year's allocation.

    02 Feb 2017, 8.32 am  |  Source: PTI

  • Hinduja welcomes abolition of FIPB

    Hinduja welcomes abolition of FIPB  

    NRI businessman G P Hinduja, Co-Chairman of the Hinduja Group, today welcomed the abolition of Foreign Investment Promotion Board, saying it is a "step in the right direction" to improve the ease of doing business with India.

    01 Feb 2017, 9.36 pm  |  Source: PTI

  • GIPC inks power purchase deal with Gujarat Urja Vikas Nigam

    GIPC inks power purchase deal with Gujarat Urja Vikas Nigam  

    Gujarat Industries Power Company today said it has completed inking of a power purchase agreement with Gujarat Urja Vikas Nigam (GUVNL) for the 50.4 MW Kuchhdi wind farm.

    01 Feb 2017, 8.44 pm  |  Source: PTI

  • Rs 37,435 crore earmarked for scientific ministries: FM

    Rs 37,435 crore earmarked for scientific ministries: FM  

    Scientific ministries have been earmarked Rs 37,435 crore in this year's budget, Union Finance Minister Arun Jaitley today said, with the Department of Space witnessing a maximum hike of over Rs 1,000 crore in its allocation.

    01 Feb 2017, 8.44 pm  |  Source: PTI

  • Taxmen can now conduct surveys at charitable institutions

    Taxmen can now conduct surveys at charitable institutions  

    Income Tax officers can now inspect and scrutinise the books of accounts of charitable institutions with Finance Minister Arun Jaitley proposing to expand the scope of 'Survey' under I-T Act to include such entities.

    01 Feb 2017, 8.20 pm  |  Source: PTI

  • Jaitley proposes incentives to boost investment in NPS

    Jaitley proposes incentives to boost investment in NPS  

    In a bid to boost NPS, Finance Minister Arun Jaitley today proposed higher tax rebate for investment in flagship social security programmes and allowed tax relief on partial withdrawal of up to 25 per cent of the contribution.

    01 Feb 2017, 8.20 pm  |  Source: PTI

  • Telangana Inc welcomes budget, says it will spur demand

    Telangana Inc welcomes budget, says it will spur demand  

    The budget presented by Finance Minister Arun Jaitley is a path breaking effort which will pave the way for encouraging demand in rural areas, said Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry.

    01 Feb 2017, 8.20 pm  |  Source: PTI

  • Jaitley halves import duty on LNG to 2.5 pc

    Jaitley halves import duty on LNG to 2.5 pc  

    In a bid to promote gas-based economy, Finance Minister Arun Jaitley today halved the import duty on liquefied natural gas (LNG) to 2.5 per cent, a move that will help cut cost of power and fertiliser production.

    01 Feb 2017, 8.20 pm  |  Source: PTI

  • Budget will spur growth, make economy competitive: India Inc

    Budget will spur growth, make economy competitive: India Inc  

    India Inc today hailed the Modi Government's third Budget as growth-oriented and said the proposals will make the economy more competitive and transparent.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Jaitley proposes tax concessions for banks grappling with NPAs

    Jaitley proposes tax concessions for banks grappling with NPAs  

    In a big relief to banks struggling with bad loans, the government today proposed tax concession on provisions for NPAs while announcing capital infusion of Rs 10,000 crore for state-owned lenders.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Suppy & demand of affordable homes to rise on infra status

    Suppy & demand of affordable homes to rise on infra status  

    Real estate developers, who have been badly affected by the demonetisation move, today said it's a "good Budget" for the sector that would boost supply and demand of affordable homes and thereby help in revival of the property sec...

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Cash donation to parties capped at Rs 2k, poll bonds proposed

    Cash donation to parties capped at Rs 2k, poll bonds proposed  

    In a major move aimed at promoting transparency in political funding, Finance Minister Arun Jaitley today announced capping of anonymous cash donations to political parties at Rs 2,000 and introduced electoral bonds.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Odisha gets Rs 5,102 crore for railway development in 2017-18

    Odisha gets Rs 5,102 crore for railway development in 2017-18  

    Odisha has been allocated Rs 5,102 crore for development of Railways in the Union Budget for 2017-18 against the state's demand of Rs 5,870 crore, East Coast Railways (ECoR) general manager Umesh Singh said.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Govt keen on labour reforms for ease of doing business:Jaitley

    Govt keen on labour reforms for ease of doing business:Jaitley  

    Finance Minister Arun Jaitley today made it clear that the government will go ahead with labour reforms to improve ease of doing business but protect the right of workers also.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Budget brings duty sops, new scheme to promote leather sector

    Budget brings duty sops, new scheme to promote leather sector  

    The government today extended certain duty benefits and announced a new scheme to the labour intensive leather and footwear sector with a view to boosting domestic manufacturing, exports and creating more jobs.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Civil Aviation Min gets 22% more budgetary funds for 2017-18

    Civil Aviation Min gets 22% more budgetary funds for 2017-18  

    The Civil Aviation Ministry today received a substantial increase of over 22 per cent in budgetary allocation at Rs 5,167.60 crore for the next financial year.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Central Budget disappointing: Kerala CM

    Central Budget disappointing: Kerala CM   

    CPI(M) led LDF governmnet in Kerala today said Union budget was 'disappointing' and had failed to deliver justice to the state.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Good Budget with focus on poor, agriculture: CII NE Council

    Good Budget with focus on poor, agriculture: CII NE Council  

    Describing it as a balanced and good Budget for the Northeast region, the CII Northeast Council today welcomed the Union Budget 2017-18 as "a good Budget with focus on poor, agriculture, growth, SME and integrity".

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • `India-made` mobile phones to become expensive by 1-2%

    'India-made' mobile phones to become expensive by 1-2%  

    Consumers will have to shell out 1-2 per cent more on mobile phones following the levy of a special additional duty (SAD) on circuit boards of mobile phones.

    01 Feb 2017, 8.18 pm  |  Source: PTI

  • Govt extends tax exemption to CM, LG relief funds

    Govt extends tax exemption to CM, LG relief funds  

    The government today announced extension of tax exemption on contributions to Chief Minister's Relief Fund and Lieutenant Governor's Relief Fund.

    01 Feb 2017, 8.18 pm  |  Source: PTI

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