Home » Business

Business - Page 1417

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:14 PM IST

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Oil and gas industry seeks infra status, lower taxes in budget

Rollout of GST, and exclusion of petroleum sector from its purview, has translated into much higher costs for sector.

25 Jan 2018 1:08 PM IST

Diavel has been known for its handling prowess and this one carries forward the legacy.

Ducati Diavel Carbon relaunched in India

The bike is now available in its Euro 4-spec avatar and features a few new additions.

25 Jan 2018 12:36 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Shares in large Indian state-run banks fall as recapitalisation plan...

Govt pledged to inject nearly USD 14 billion combined into all but one state-run lender by March.

25 Jan 2018 11:32 AM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold futures gain 0.50 per cent on strong overseas trend

Gold is trading at Rs 30,366 per 10 grams in futures trade as speculators built up fresh positions.

25 Jan 2018 11:03 AM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

DIPP notifies FDI relaxation in several sectors

Cabinet had allowed 100 pc FDI in single brand retail and construction development under automatic route.

25 Jan 2018 10:56 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI expects loan demand to rise with government spending

Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by...

25 Jan 2018 10:05 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee spurts 22 paise against dollar in early trade

Rupee is trading at 63.47 against US dollar on increased selling of the American currency by exporters and banks.

25 Jan 2018 9:49 AM IST

'Name and shame' has helped improve states' biz rankings: Kant

Government is using indices to achieve development goals and making states compete with one another.

25 Jan 2018 9:37 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Users to pay Rs 2.7 for per GB data after new Jio offer: report

Jio's announcement of Republic Day scheme, under which users will get 500 MB extra data per day.

25 Jan 2018 9:28 AM IST

Currently, under construction projects are subject to 18% GST rate with one-third abatement for land bringing down the effective tax rate to 12%.

Realty firms want GST cut for affordable housing

The industry has also requested the government to grant industry status to avail long-term finance at a lower cost.

25 Jan 2018 6:35 AM IST