Business
Air India Disinvestment: From Soaring High to Selling Out
We take you through the numbers that illustrate the carrier’s current woes and how the national carrier has sunk to its current state.
NITI Aayog Proposes Break up of Coal India Into Seven Companies
India should split the seven units of state-controlled Coal India Ltd into independent companies and let them compete against one another to encourage competitive pricing, the government's policy think-tank said on Tuesday in a draft of a new energy polic...
India's Garment Exports May Hit USD 20 Billion in FY18
India's garment exports are expected to register a 15-18 percent growth to touch USD 20 billion during the current fiscal following improved market conditions in US and other markets.
Finance Ministry For Extending RBI Deadline on Basel III Banking Norms
The finance ministry has made a case for pushing back the Reserve Bank's deadline for implementing Basel III banking norms in view of higher capital requirement to deal with bad loans which have reached unacceptable levels.
SBI Chief's Salary Zilch Compared to Counterparts in Private Banks
SBI, one of the world's 50 largest banks, pays only a small fraction to its top management as compared to private sector players like ICICI Bank and HDFC Bank.
Sensex Gets a Buying Lift, Edges up 75 Points
The Sensex climbed 75 points to 31,365 at the start on Friday, aided by fresh domestic and foreign buying amid mixed Asian pointers.
Rupee Goes up 3 Paise Against US Dollar
The rupee made a modest but positive start on Friday by edging up 3 paise to 64.56 against the US dollar.
NATGRID to Get PAN, Taxpayer Data Access
The NATGRID, a network aimed at sharing information about terrorists among security agencies, will now be getting access to the Income Tax Department's PAN records and individual taxpayers' data.
CAIT Asks GST Council to Revisit Products Under 28 Percent Slab
A day before the GST Council meet, traders' body CAIT on Saturday demanded re-visiting the items put in 28 percent slab and confine the top tax bracket to only luxury and demerit goods.
Oil Hits Six-week Low as OPEC Fails to Curb Oversupply
Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production cuts.
RBI Identifies 12 Mega Defaulters, Asks Banks to Start Bankruptcy Proceedings
The Reserve Bank of India (RBI) said on Tuesday it has identified 12 of the largest loan defaulters and will order lenders to start bankruptcy proceedings against them to start unclogging the $150 billion in bad debt plaguing Asia's third-largest economy.
Centre Proposes to Defer E-way Bill Citing Lack of Software
With just a few days left for GST rollout, the Centre is in favour of postponing by a few months the implementation of the e-way bill.
Demonetisation Led to a 'Substantial Movement' Towards Digitisation: Jaitley
Union Finance Minister Arun Jaitley on Saturday said the government was aware that demonetisation would cause a cash crunch in India but had envisaged long-term advantages like "great and substantial" movement towards digitisation of the economy.
Industry Cheers as Govt Paves The Way For Post Facto Environmental Clearance
Large projects require prior environmental clearance (EC), and retrospective approval for the existing projects has been a bone of contention for about five years
Wipro Chief Premji's Salary Drops 63% in FY17
Wipro saw its net income for the full year decline 4.7 per cent over the previous fiscal.
Wipro Receives Second Threat Email, Beefs up Security at Offices
IT major Wipro on Friday said it has reinforced security measures at all its office locations after receiving a second threat email, but there was no impact on the company's operations.