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According to the ISMA, mills produced 33.16 million tonne of sugar during the 2018-19 marketing year, of which sales were 25.5 million tonne.

India sugar output for 2019-20 unlikely to see big revision: ISMA

The trade body also estimates more than 800,000 tonnes of sugar cane production will be diverted to ethanol in the...

11 Feb 2020 2:00 PM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani Transmission sells 25.1 pc stake in arm AEML to QIA for Rs 3,220...

AEML has recently completed an investment grade, USD 1 billion bond issuance.

11 Feb 2020 12:09 PM IST

The Apache helicopter takes flight

India readying USD 2.6 billion US naval helicopter deal ahead of Trump...

India's defence purchases from the United States have reached USD 17 billion since 2007.

11 Feb 2020 12:04 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI publishes draft framework for new payment system

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

11 Feb 2020 11:15 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee rises 10 paise to 71.20 against US dollar in early trade

Rising crude prices, foreign fund outflows and strengthening of the American currency weighed on rupee and restricted...

11 Feb 2020 10:13 AM IST

Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being...

11 Feb 2020 10:03 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex surges over 400 points; Nifty reclaims 12,100

The 30-share BSE index was trading 405.61 points or 0.99 per cent higher at 41,385.23.

11 Feb 2020 9:57 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM IST

While the country attracted FDI valued around $286 billion in the past five years across sectors, defence and aerospace, which were projected as high potential sectors under Make in India, could grab only a measly Rs 1,834 crore, according to government data released on Monday.

Defence, aerospace get Rs 1,800 cr FDI in 5 years

The government had also announced two defence corridors-- in Tamil Nadu and Uttar Pradesh.

11 Feb 2020 4:17 AM IST

The government had formulated a draft National Tourism Policy in 2015-16, but is still, hold your breath, seeking cabinet approval.

5 years and tourism policy is still on way to cabinet

The last time the tourism sector had a national level policy was in 2002, nearly two decades ago.

11 Feb 2020 4:12 AM IST

The state-owned firm had earlier said that it will produce 750 million tonnes of coal in the next financial year.

Coal imports rise in November after three months of decline

Coal imports in November rose 8.6 per cent from a year earlier to 21.83 million tonnes.

10 Feb 2020 1:57 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Govt clocks Rs 40,000 cr in public procurement transactions through...

CPPP is operational since 2012 and hosts the Government eProcurement System.

10 Feb 2020 12:33 PM IST