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The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves rise to life-time high of USD 424.361 billion

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

6 April 2018 7:22 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

19 states implemented startup policies: Commerce ministry

Narendra Modi unveiled a slew of incentives to boost startup businesses.

6 April 2018 7:12 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

On-the-block Air India looks to renew flying permit

The DGCA has already renewed the SOP of Air India Express.

6 April 2018 7:01 PM IST

The CBI on Friday questioned a former Deputy Governor of the Reserve Bank, H R Khan, in connection with alleged bank fraud cases involving diamond traders Nirav Modi and Mehul Choksi and relaxation of gold import policy by the erstwhile UPA government, sources said on Friday.

PNB fraud case: CBI quizzes ex-deputy governor of RBI

The officials said he was questioned about the UPA government's 20:80 gold import scheme.

6 April 2018 6:46 PM IST

$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

Binani Cement OCs reject Dalmia's offer to pay Rs 151-cr dues

The ongoing Binani Cement insolvency case has taken a new twist.

6 April 2018 6:38 PM IST

ASCI upheld complaints against 171 misleading advertisements in January this year, including those of Livon, Dove shampoo, Byjus, Lotus Herbals, among others.

ASCI upholds 171 complaints against misleading ads in January

Of the total 130 advertisements, 101 advertisements belonged to healthcare.

6 April 2018 6:23 PM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Govt working on several areas to improve logistics infra: C R...

The government is working on several areas such as building infrastructure to improve logistics.

6 April 2018 6:13 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

FICCI recommends RBI to 'find space for rate cut'

FICCI has said the former must find space for a rate cut in the coming quarters.

6 April 2018 5:43 PM IST

Honda Motorcycle and Scooter India (HMSI) on Friday said its 125cc scooter Grazia has crossed one lakh unit sales mark in less than five months of launch.

Honda Grazia crosses one lakh unit sales mark

The company had launched the model on November 8 last year.

6 April 2018 5:28 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

China recalls about 3.2 million cars in Q1

About 2.5 million recalls were made in February alone.

6 April 2018 5:20 PM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

Railway catering services in trains, stations to attract 5 pc GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate.

6 April 2018 5:05 PM IST

The government will create a model whereby 4 lakh jobs will be generated annually in 800 villages across the country through clusters, MSME Minister Giriraj Singh said on Friday.

Govt seeks to create 4 lakh jobs per year in 800 villages

Government will create a model whereby 4 lakh jobs will be generated annually in 800 villages.

6 April 2018 4:55 PM IST