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  • Few takers for solar power tender of railways, bid deadline extended Nov 15, 2020 02:58 PM IST

    Few takers for solar power tender of railways, bid deadline extended

    Three sources in leading solar power developers said the tender by the Railway Energy Management Co Ltd (REMCL), a joint venture company of Indian Railways (49 per cent) and RITES Ltd (51 per cent), has not enthused many, leading to multiple extension of the bid deadline.

  • Will ask govt to make employers' contribution, tier-II account tax free for all in Budget: PFRDA Nov 15, 2020 02:18 PM IST

    Will ask govt to make employers' contribution, tier-II account tax free for all in Budget: PFRDA

    Employers'' contribution of 14 percent in pension under the National Pension System (NPS) scheme for the central government employees was made tax free from April 1, 2019.

  • UP's first supercritical power plant in Meja to be fully operational by December: CEO Nov 15, 2020 02:08 PM IST

    UP's first supercritical power plant in Meja to be fully operational by December: CEO

    Meja Urja Nigam Pvt Ltd (MUNPL) is a 50:50 joint venture (JV) of state-owned NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL).

  • M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh crore Nov 15, 2020 01:50 PM IST

    M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh crore

    While Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) witnessed erosion in their market capitalisation, rest of the eight companies including Hindustan Unilever Limited, HDFC, ICICI Bank and Bharti Airtel emerged as gainers.

  • India rate cut bets fall as recovery gains hold, inflation stays high Nov 15, 2020 01:16 PM IST

    India rate cut bets fall as recovery gains hold, inflation stays high

    Industrial production in September grew for the first time in six months while green shoots are also visible in rising goods and services tax collections, higher energy consumption, and an uptick in the purchasing managers' index among other gauges.

  • Proposed mining reforms in a month; at least 500 blocks to be auctioned in 2-3 years: Pralhad Joshi Nov 15, 2020 12:45 PM IST

    Proposed mining reforms in a month; at least 500 blocks to be auctioned in 2-3 years: Pralhad Joshi

    The mines ministry had earlier sought suggestions from the general public, mining industry and other stakeholders on the proposed reforms in the Mines and Minerals (Development and Regulation) Act, 1957.

  • Here's how to set up an SIP and get same-day NAV under new NPS facility Nov 15, 2020 12:45 PM IST

    Here's how to set up an SIP and get same-day NAV under new NPS facility

    Under D-Remit facility, NPS investors can transfer funds directly - through NEFT/RTGS - from their bank accounts to their NPS accounts and get same day NAV.

  • FPIs remain positive on Indian markets; put in massive Rs 35,109 crore in November so far Nov 15, 2020 12:11 PM IST

    FPIs remain positive on Indian markets; put in massive Rs 35,109 crore in November so far

    According to the depositories data, FPIs invested a net sum of Rs 29,436 crore into equities and Rs 5,673 crore into debt segment between November 2-13.

  • Indian economy may be recovering faster than anticipated: Oxford Economics Nov 15, 2020 11:48 AM IST

    Indian economy may be recovering faster than anticipated: Oxford Economics

    Oxford Economics further said that inflation is expected to average significantly above 6 percent in the fourth quarter of the current fiscal and the RBI may hold policy rates in December monetary policy review meeting.

  • Cabinet nod likely on Coastal Shipping Bill in December; to boost coastal cargo movement: Mansukh Mandaviya Nov 15, 2020 11:36 AM IST

    Cabinet nod likely on Coastal Shipping Bill in December; to boost coastal cargo movement: Mansukh Mandaviya

    The Coastal Shipping Bill, 2020, which proposes to do away with the requirement of trading licence for Indian flag vessels for coastal trade besides creating a competitive environment to reduce transportation costs, has been circulated for inter-ministerial consultation.

  • Gold imports dip 47% in April-October to $9.28 billion Nov 15, 2020 10:38 AM IST

    Gold imports dip 47% in April-October to $9.28 billion

    Imports of the yellow metal stood at USD 17.64 billion in the corresponding period of 2019-20.

  • Discoms liquidity infusion: Tamil Nadu tops chart of states with Rs 30,000 crore sanctioned loan Nov 15, 2020 10:33 AM IST

    Discoms liquidity infusion: Tamil Nadu tops chart of states with Rs 30,000 crore sanctioned loan

    The southern state is followed by Uttar Pradesh and Maharashtra, with their state discoms being sanctioned loans of Rs 20,940 crore and Rs 14,310 crore, respectively.

  • Govt pushes for dispute resolution panel to resolve oil, gas wrangles Nov 15, 2020 10:30 AM IST

    Govt pushes for dispute resolution panel to resolve oil, gas wrangles

    The government had in December last year constituted a 'Committee of External Eminent Persons/Experts'' comprising former oil secretary G C Chaturvedi, former Oil India Ltd head Bikash C Bora and Hindalco Industries Ltd Managing Director Satish Pai, for dispute resolution without having to resort to the tardy judicial process.

  • Bengal FM Amit Mitra writes to Nirmala Sitharaman seeks GST Council meeting Nov 15, 2020 08:46 AM IST

    Bengal FM Amit Mitra writes to Nirmala Sitharaman seeks GST Council meeting

    In the letter written on November 13, Mitra said that many states had argued at the GST Council meetings held in August and October that the Central government borrow from RBI''s special window to meet the gap between protected revenue at 14 per cent growth rate and GST collections.

  • Will COVID-19 upend our notions of soft power? Nov 15, 2020 08:35 AM IST

    Will COVID-19 upend our notions of soft power?

    India’s rich and powerful have in the past always rushed to the US for treatment of serious diseases. Now they will think twice.

  • Coronavirus News Highlights: Amit Shah chairs a meeting on COVID-19 situation in Delhi Nov 15, 2020 07:19 AM IST

    Coronavirus News Highlights: Amit Shah chairs a meeting on COVID-19 situation in Delhi

    Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 88 lakh. There are 4,79,216 active cases in the country.

  • Rising COVID-19 cases jeopardize US growth Nov 14, 2020 12:01 PM IST

    Rising COVID-19 cases jeopardize US growth

    US coronavirus infections have hit new record levels of more than 150,000 a day, causing authorities in many areas to impose new restrictions.

  • COVID-19 impact: Star performer life insurance agents find the mojo missing in e-rewards Nov 14, 2020 09:34 AM IST

    COVID-19 impact: Star performer life insurance agents find the mojo missing in e-rewards

    Insurers have moved to e-incentives and virtual reward parties for agents who get the top sales numbers. Agents, however, feel short-changed.

  • Coronavirus News Highlights: Odisha's COVID-19 death toll crosses 1,500-mark Nov 14, 2020 07:21 AM IST

    Coronavirus News Highlights: Odisha's COVID-19 death toll crosses 1,500-mark

    Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen above 87 lakh. There are 4,80,719 active cases in the country.

  • G20 agrees debt framework to help poor countries hit by COVID Nov 13, 2020 08:20 PM IST

    G20 agrees debt framework to help poor countries hit by COVID

    Major creditors, including China, will be expected to follow the common guidelines laying out how debt which is deemed unsustainable can be reduced or rescheduled.

  • India's forex reserves surge $7.78 billion to lifetime high of $568.494 billion Nov 13, 2020 07:41 PM IST

    India's forex reserves surge $7.78 billion to lifetime high of $568.494 billion

    Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

  • Services exports fall 1.4% to $17.3 billion in September Nov 13, 2020 07:25 PM IST

    Services exports fall 1.4% to $17.3 billion in September

    Cumulatively, the services exports stood at $100.97 billion during April-September 2020 and the imports were $58.98 billion.

  • Standard health insurance plan for vector-borne diseases on anvil Nov 13, 2020 07:14 PM IST

    Standard health insurance plan for vector-borne diseases on anvil

    Diseases like Dengue, Malaria, Filaria, Kala-azar, Chikungunya, Japanese Encephalitis, and Zika Virus will be covered under this standard health plan

  • India's exports dip 5.12% in October; trade deficit narrows to $8.71 billion Nov 13, 2020 07:11 PM IST

    India's exports dip 5.12% in October; trade deficit narrows to $8.71 billion

    During April-October 2020, exports declined 19.02 percent to $150.14 billion, while imports fell 36.28 percent to $182.29 billion over the same period a year ago.

  • Big Story | All about FM Nirmala Sitharaman's latest economic stimulus package Nov 13, 2020 06:07 PM IST

    Big Story | All about FM Nirmala Sitharaman's latest economic stimulus package

    Union Finance Minister Nirmala Sitharaman on Nov 12 rolled out 12 measures as part of the Atmanirbhar Bharat 3.0 stimulus package worth Rs 1.2 lakh crore to boost the economy.

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