May 09, 2018 07:44 PM IST
Trump announced that he was withdrawing the US from what he called the "decaying and rotten" Iran nuclear deal signed by the Obama regime in 2015, putting him on a collision course with America's closest allies.
May 09, 2018 06:23 PM IST
Under the 'Rythu Bandhu' scheme for farmers, government provides input costs by giving them Rs 4,000 each for every acre through specially printed cheques.
May 09, 2018 06:15 PM IST
The new helmets to be designed on the recommendations of a committee will also be India-specific and will weigh at least 300 grams less than the existing ones.
May 09, 2018 06:04 PM IST
The purpose behind distinctive number plates is their easy identification for preferential treatment in parking, free entry in congested zones besides other proposed benefits like concessional toll, the road transport, and highways minister told PTI.
May 09, 2018 03:18 PM IST
Asia continues to be the main engine of the world's economy, accounting for more than 60 percent of global growth three-quarters of which comes from China and India alone, as per IMF's Regional Economic Outlook: Asia and Pacific (REO).
May 09, 2018 03:15 PM IST
The ratings agency, however, cautioned on the possible widening of the current account deficit (CAD) due to rising oil prices which was creating pressure on the currency.
May 09, 2018 09:57 AM IST
India’s IT sector, which has a significant presence in Europe, is gearing up to face the new requirements posed by the new GDPR regime.
May 08, 2018 07:48 PM IST
The deal values the life insurer at Rs 10,091 crore
May 08, 2018 07:01 PM IST
Profits of the country’s biggest private sector bank were dragged by an 85-percent spike in provisions due to a 17-percent rise in bad loans.
May 08, 2018 06:08 PM IST
The general insurer posted its maiden underwriting profit of Rs 32 crore in FY18
May 08, 2018 05:33 PM IST
After the OMO announcement, the benchmark yields fell to 7.62 percent from 7.73 percent last Friday. Today it opened at 7.62 percent and closed at 7.58 percent. Since last November, the bond yields were on northward-ho gaining almost 70 bps.
May 08, 2018 05:19 PM IST
The CAI has revised the state outputs, and for Maharashtra and Karnataka the production are estimated to be higher by 2 lakh bales and 50,000 bales, respectively, CAI said in a release issued here.
May 08, 2018 05:12 PM IST
"With the reduced cane costs, the total contribution margin is likely to increase by around Rs 500 per tonne of sugar produced, which translates into a one-and-a-half per cent margin at the operating level," Icra Ratings Senior Vice President and Group Head Sabyasachi Majumdar said.
May 08, 2018 04:56 PM IST
Export realisation in the last financial was USD 785.92 million. In 2016-17, export realisation was USD 95.19 million lower, the statement said.
May 08, 2018 04:50 PM IST
As many as 86 geographical areas (GAs), made by clubbing adjacent districts, are on offer in the 9th city gas distribution (CGD) bidding round, according to oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB).
May 08, 2018 04:21 PM IST
The FMCG sector is likely to report 11-12 per cent rise in revenue in fiscal 2019, up 300-400 basis points from 8 per cent in fiscal 2018, driven by revival in rural demand and new product launches, domestic rating agency Crisil said in a report today.
May 08, 2018 03:35 PM IST
The drop in purchases by India, though, could weigh on global prices, which are still up nearly 6 percent from a mid-December trough, despite dropping back from a 17-month high hit at the end of January.
May 08, 2018 03:30 PM IST
An official in the Chief Minister's Office (CMO) gave this information and said the decision was taken to encourage production of milk powder from surplus milk.
May 08, 2018 02:47 PM IST
According to estimates in the UN Economic and Social Commission for Asia and the Pacific's (ESCAP) flagship publication the Economic and Social Survey of Asia and the Pacific, India's GDP grew at 6.6 percent in 2017, down from 7.1 percent in 2016.
May 08, 2018 11:43 AM IST
Shriram General Insurance will diversify within the motor business in FY19
May 07, 2018 08:10 PM IST
The meeting assumes significance as India's exports dipped after a gap of four months in March. Exports contracted by 0.66 percent to USD 29.11 billion due to negative growth in several key sectors.
May 07, 2018 08:03 PM IST
The two-day conference ‘First Apex Conference for the CEOs of Smart Cities' will be held in Bhopal. This is the first such conference after the launch of Smart Cities Mission on June 25, 2015.
May 07, 2018 06:42 PM IST
"It is learnt that the Government of India is coming up with a proposal to amend the Electricity Act, 2003, which enables the Centre to double down on states not to offer free power to any segment of consumers.
May 07, 2018 06:38 PM IST
"The planned increase in SDL (state development loans) issuance in Q1 of FY19 should not be construed as an indicator of a sharp fiscal deterioration of the states' fiscal health," ratings agency Icra said in a note today.
May 07, 2018 05:58 PM IST
However, in value terms, the demand for gold jewellery is likely to register a growth of 5-7 percent during the year, rating agency Icra said in its report.
