Business
Bank Stocks Rally up to 32% on Recapitalisation Plan
Shares of Punjab National Bank were trading with a sharp gain of 31.90 per cent, Bank of Baroda zoomed 24.17 per cent, Bank of India advanced by 23.75 per cent and State Bank of India surged 19.02 per cent on BSE.
China Still on Track to Hit Growth Target Despite Winter Smog War, Says State Planner
China has forced 28 cities in smog-prone northern regions to reduce emissions of airborne particles known as PM2.5 by at least 15 percent from October to March 2017, with some cities expected to cut steel production by as much as 50 percent.
4 Tips to Reclaim Your Financial Health Post Diwali Shopping Spree
After a week of splurging on not-so-necessary items, it's time to balance our budgets and take control on our financial health.
Trump Administration Again Declines to Name China Currency Manipulator
The semi-annual US Treasury currency report said no countries deserved the currency manipulator label, but it kept China on a currency "monitoring list" despite a fall in China's global current account surplus since 2016.
Tax on Petrol, Diesel Slashed in Chandigarh
The administration on Tuesday announced that the value added tax (VAT) on diesel or high speed diesel will be reduced from 16.40 per cent to 11.40 per cent.
India Likely to Stick to Deficit Target, May Step up Bank Reform, Says Surjit Bhalla
Many policy makers in New Delhi, including the head of a government policy think tank have suggested fiscal stimulus is needed to boost economic growth but the central bank has warned that missing the target could hit macro-economic stability.
India Likely to Stick to Deficit Target, May Step up Bank Reform, Says PMEAC Member
Surjit Bhalla, a member of Prime Minister Narendra Modi's Economic Advisory Council, told Reuters in an interview however, that the government has stuck to its fiscal deficit targets over the past three years and is expected to do so this year as well.
Sensex, Nifty Retreats from Record on Profit Booking
The 30-share index fell by 56.19 points or 0.17 per cent to 32,577.45 in early trading. It had opened higher at 32,654.41 and advanced to a high of 32,659.32 in opening trade.
India to Attract $10 Billion Investment in Food Processing Sector
Union Food Processing Industries Minister Harsimrat Kaur Badal said on Monday the retail sector in India offered a large demand-driven market and the government was creating the right infrastructure, an enabling environment, and an innovation culture to f...
Govt Mulling 2-3 Tariff-Based Auctions for Wind Projects
State-run Solar Energy Corporation of India (SECI) was the nodal agency for conducting these two auctions.
In Its 1st Meeting, PM Modi's Economic Council Identifies Reasons for Slowdown
However, Bibek Debroy, chairman of EAC-PM, refused to publicly identify the reasons.
Vistara Offers Low Fares Starting at Rs 1,149
The sale of tickets under the 48-hour festival offer commences from mid-night on Tuesday and the travel period will be from October 26 to March 24 next year.
New Limit for Reporting Gold Transactions Soon: Govt
The government had on Friday reversed its August order of bringing gems and jewellery dealers under the purview of the reporting requirement of the Prevention of Money Laundering Act (PMLA).
IndiGrid Approves Acquisition of 3 Power Transmission Assets
These acquisitions result in a 40 per cent increase in assets under management, from Rs 3800 crore to Rs 5300 crore, IndiGrid said in a statement here.
Asian Shares Edge up Slightly After Strong US Data
Japan's Nikkei was almost flat while Australian shares ticked up 0.2 percent.
RBI Should Have Cut Interest Rate to Boost Economic Growth: India Inc
The industry argued that a rate cut would have propelled demand as interest rates remain unduly high.