Saturday, Feb 16, 2019 | Last Update : 03:11 PM IST

In Other News

West saw large endowments due to inheritance tax: FM Arun Jaitley

Inheritance tax is levied on the wealth inherited by the legal heirs of a deceased person.

26 Dec 2018 12:57 AM

Need to open up India's dredging market to boost ports trade: NITI aayog

The government has already made an action plan to increase the draft depth of ports.

25 Dec 2018 1:46 PM

RBI to soon release new Rs 20 bank note

The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series.

25 Dec 2018 12:40 PM

Gold ETFs lose sheen, investors withdraw Rs 280 cr in Apr-Nov

Gold-linked ETFs had witnessed a withdrawal of Rs 511 crore in the first eight months of 2017-18.

25 Dec 2018 11:34 AM

Rs 83,000 crore banks recap exercise to start next week

The infusion is also expected to help four-to-five banks to pull out from the PCA framework and also help loan growth.

25 Dec 2018 10:25 AM


Crude nears 2018 lows as markets slide on US cues

Investors have flocked to perceived safe-haven assets such as gold and government debt, at the expense of crude oil and stocks.

25 Dec 2018 1:24 AM

Prepaid meters set to be made compulsory

The Central government may introduce prepaid electricity recharge cards similar to the ones for mobile phones.

25 Dec 2018 1:24 AM

Preparing incentive package for exporters to address their woes: Prabhu

India's exports grew by a meagre 0.80 per cent to USD 26.5 billion in November.

24 Dec 2018 3:21 PM

MFs add Rs 3 lakh-cr to assets base in 2018, eyes more traction in new year

The industry had seen a surge of 32 per cent in the AUM or an addition of over Rs 5.4 lakh crore in 2017.

24 Dec 2018 1:12 PM

DoT may ease spectrum trading rules, says Manoj Sinha

Besides these steps, the ministry is also working on doing away with import licences that are required to be obtained from the DoT, he said.

22 Dec 2018 12:49 AM


Petrol costs Rs 34 per litre before tax, dealer commission in NCR

On December 19, the retail price of petrol was Rs 70.63 a litre.

21 Dec 2018 5:43 PM

PSB officers on strike, protesting merger, seeking wage hike

Around 3.20 lakh officers from various state-run banks have called for a one-day strike.

21 Dec 2018 4:05 PM

Finance ministry increases bank recap fund by Rs 35,000cr

This would enable infusion of over Rs 83,000 crore in the next few months in Public Sector Banks (PSBs), said a finance ministry official.

21 Dec 2018 1:02 AM

State banks recover USD 8.69 billion of bad loans in April-September

Banks have raised 244.4 billion rupees from the market this fiscal year.

20 Dec 2018 5:45 PM

Growing power demand a challange: World Bank

With growing population and rapid urbanisation, the demand for electricity in India will almost triple between 2018 and 2040.

20 Dec 2018 11:41 AM


India ranks 111 in mobile net speed

Speed has improved by 15% last year, but trails behind China, tied with Brazil.

20 Dec 2018 1:26 AM

Panel to redraft direct tax laws to focus on simplification

The recommendations of the panel is likely to be included in the final budget for 2019-20.

19 Dec 2018 4:32 PM

India will need 2,300 planes worth USD 320 billion in 20 years: Boeing

As much as 85 per cent of the planes would be narrow-body and the rest would be wide-body.

19 Dec 2018 1:20 PM

Currency printing cost rose to Rs 8,000 cr in demonetisation year: Jaitley

The finance minister said in Rajya Sabha that four people died during the demonetisation drive in 2016-17.

19 Dec 2018 10:16 AM

India again defers duty hike on US products till January 31

According to a notification by the finance ministry, the implementation of the duty hike has been postponed until January 31, 2019.

18 Dec 2018 2:41 PM