Business
Wholesale Price Inflation Hits Four-Month High in August
Wholesale food prices in August rose 4.41 percent on year, compared with a 2.12 percent rise a month earlier.
India's Fuel Demand Falls by 6.1%, Highest in Over 14 Years
Sale of petrol was 0.8 percent lower from a year earlier at 2.19 million tonnes, while that of diesel declined 3.7 percent.
SAIL to Raise $ 350 Million From Overseas Market
The money raised will be used by the steel maker to meet expenditure on capital schemes, including modernisation and expansion.
Raghuram Rajan Says Chicago University Leave Wasn't Issue in RBI Exit
Former RBI governor Raghuram Rajan said he did not "knock at the door" of the government to say he needed an extension but had "indicated a willingness to stay on" to address bad loans in the banking system.
Have Courage to Admit Demonetisation Failed, Chidambaram Tells PM Modi
Chidambaram blamed demonetisation for much of the trouble the economy is facing, saying it resulted in loss of 1.5 lakh jobs and the 1.4 percentage point drop in GDP growth.
States Red Flag Problem Faced by Traders on GST Network's Portal
The 21st meeting of the GST Council is being held to discuss technology glitches in GSTN portal, imposition of higher cess on luxury and SUV cars and reduction tax rates on about two-dozen items.
Supreme Court Assures Refund or Flats to Hassled Home Buyers of Unitech
The apex court refused to grant interim bail to jailed Unitech promoters Sanjay Chandra and Ajay Chandra till September 15 in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project.
India Slaps Countervailing Duty on Some Chinese Steel Products
It is a country specific duty which is imposed to safeguard domestic industry against unfair trade subsidies provided by the local governments of the exporting nations.
SBI Chief Advices SMEs to Go in For Equity Capital, Not Debt
State Bank chairman Arundhati Bhattacharya on Friday said SMEs' relying more on debt for their growth capital in the initial stage of their business put pressure on their balance sheets.
RBI Identifies More Huge Loan Defaulters for Resolution
The information was revealed by RBI Deputy Governor Viral Acharya while delivering the 8th R.K. Talwar Memorial Lecture.
Sensex Rises 101 Points as Capital Goods, FMCG Stocks Gain
The 30-share index was trading higher by 100.96 points or 0.31 per cent at 31,763.70 with all the sectoral indices led by consumer durables, capital goods, metal and healthcare rising by up to 0.91 per cent.
GST Drags August Services Output Down For 2nd Month: PMI
According to the seasonally adjusted Nikkei India Services PMI Business Activity Index, the pace of downturn last month was less than the contraction in July when output had declined to its lowest level since September 2013.
For Central Banks, Stabilising Currency is Key: Raghuram Rajan
Former Reserve Bank of India Governor Raghuram Rajan said the central point of a central bank is preserving the value of the currency, which means keeping inflation under control.
Rupee Falls 13 Paise Against Dollar to 64.18
The rupee opened at 64.10 per dollar against last close of 64.05 per dollar. It moved in a range of 64.08 per dollar and 64.18 per dollar in morning deals.
30 Crore Families Got Jan Dhan Accounts, Rs 65,000 Cr Deposited, Says PM Modi
PM Narendra Modi said the schemes like Pradhan Mantri Jeewan Jyoti Bima Yojna and Pradhan Mantri Suraksha Bima Yojna, with a small premium of one rupee or thirty rupees, are giving a new sense of confidence to the poor.
Customers Suffering Because of Mobile Termination Charge, It Should Be Abolished
The hidden Mobile Termination Charge is inbuilt in your tariff when you make a call from your mobile phone to another mobile. Even if an operator wants to pass on the benefit of digital technology and provide free mobile-to-mobile calls, it is restricted...
