Business
Rupee Softens 13 Paise Against Dollar to 65.27
The US currency put on more lustre on increased demand from banks and importers. The renewed strength of the dollar overseas weighed on the rupee, forex dealers said.
Sensex Bounces 130 Points, Banking Shares Jump
Expectations built up that Friday's meeting of the GST Council may provide some relief to exporters and SMEs in terms of faster refunds and compliance.
Shell Companies Crackdown: 4.5 Lakh Directors may Face The Axe
Asserting that genuine corporates will not face action, the minister of state for corporate affairs said non-compliant companies are tarnishing the image of good ones.
Rupee Turns Weaker by 9 Paise to 65.10 Against Dollar
Fresh demand for the American currency came in from importers and banks.
Adverse Impact on Manufacturing, May Delay Investment Revival: RBI on GST
In its fourth bi-monthly monetary policy review of 2017- 18, RBI forecast economic growth to slow to 6.7 percent in the current fiscal, from 7.3 percent projected earlier.
Activists Write to PM Narendra Modi, Oppose Anganwadi Cash Transfer Proposal
NITI Aayog, in its recent report, noted that Integrated Child Development Scheme (ICDS) was plagued with complaints of leakages and poor quality food supplement, and recommended that pilot projects be initiated "to test the efficacy of implementing the IC...
Rising Inflation May Dampen Rate Cut Hopes: Morgan Stanley Report
According to the global financial services major, the central bank is expected to keep key policy rates unchanged while maintaining its neutral policy stance.
India 40th Most Competitive Economy, Says WEF; Corruption Still a Roadblock
In the latest Global Competitiveness Report released on Wednesday, India has slipped from the 39th position to 40th while neighbouring China is ranked at 27th.
Malware Attacks: SEBI to Hire Agency to Strengthen IT Infrastructure
This comes at a time when several malware attacks have come to light globally, including in India.
Tata Sons Gets Shareholders' Nod to Make Company Private
As much as 66 percent of Tata Sons is owned by Tata Trusts. Two Shapoorji Pallonji family firms, Cyrus Investments and Sterling Investment, own 18.4 percent.
Arun Jaitley Vows Additional Measures to Boost Economic Growth
Arun Jaitley has held a series of meetings in the past few days with some of his ministerial colleagues and senior government officials to take stock of the situation and firm up steps to push up growth.
US Defence Firms Want Control Over Technology in PM Narendra Modi's Make-in-India
Lockheed Martin and Boeing are both bidding to supply combat jets to India's military, which is running short of hundreds of aircraft as it retires Soviet-era MiG planes, and its own three-decade long effort to produce a domestic jet is hobbled by delays.
AAI to Invest Rs 1,530 Crore in Development Work of 3 Airports
National airports operator AAI plans to invest Rs 1,530 crore in the development work of the existing airports in Lucknow and Allahabad in Uttar Pradesh and Deoghar in Jharkhand to cater to the growing air traffic demand.
Govt is Working on Simplifying Labour Laws: Santosh Kumar Gangwar
Addressing the Golden Jubilee Award Ceremony of Vishwarkar Rashtriya Puraskar, Gangwar said that Labour Ministry is working towards 'reforms and simplification in labour laws' and converting 44 labour laws into 4 simplified codes.
US Senators Seek Reduction on India's 'High Tariff' on Pecans
India's current high tariffs on pecans are affecting American pecan farmers, and have created a disparate trade barrier compared to some other tree nut producers, the Senators wrote in a letter to US Trade Representative (USTR) Robert Lighthizer.
Sensex Down 68 Points in Opening Trade on Weak Asian Cues
The NSE Nifty too was down by 31.80 points, or 0.31 percent, to 10,054.80.