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Government bears about Rs 70,000 crore annually as fertiliser subsidy to provide cheaper nutrients to farmers.

Farm loan waivers may lead to fiscal slippages, says RBI

RBI said that farm loan waivers are likely to compel a cutback on capital expenditure.

2 Aug 2017 5:26 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Approved three proposals for FDI in food retail: Sitharaman

Govt granted these permissions for 100 per cent foreign direct investment for retail trading of food products.

2 Aug 2017 5:21 PM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

Knitwear exporters hit by GST ask banks for repo rate cut benefits

The association in Tirupur has already represented to all banks for enhancement of limit to ease the working capital...

2 Aug 2017 5:10 PM IST

Wholesale Price Index or wholesale inflation is also down in June.

RBI to keep retail inflation near 4 pc on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

2 Aug 2017 4:56 PM IST

Economic Affairs Secretary Subhash Chandra Garg, (Photo credit: World Bank)

RBI rate cut important step for sustained growth: Finance Ministry

Monetary policy statement was arrived after a two- day meeting of the MPC headed by RBI Governor Urjit Patel.

2 Aug 2017 4:36 PM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.

Sensex slips 98 points, Nifty retreats from record post RBI rate cut

The Reserve Bank of India on Wednesday slashed benchmark lending rate by 25 bps to 6 per cent.

2 Aug 2017 4:13 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways to announce June quarter results in September

Shares of airline trading marginally lower at Rs 594.65 in late afternoon trade on BSE.

2 Aug 2017 3:41 PM IST

Beginning April 1, people living in rural areas need to have Aadhaar under MGNREGS that mandates 100 days work for a household annually.

Govt considers making Aadhaar compulsory for property registration

This move will help the government crack down on benami property deals.

2 Aug 2017 3:37 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs

This is the first rate cut since October 2016 and the interest rate is now at 6-year low.

2 Aug 2017 3:01 PM IST

Reserve Bank of India

Loans to get cheaper as RBI slashes repo rate by 25 bps to 6 per cent

In its June review meet, the MPC had held the repo rate citing the risk of fiscal slippages.

2 Aug 2017 2:29 PM IST

Fazer 250 is based on the FZ25 and will be Yamahas second full-faired bike to be manufactured in India after the R15 Version 2.0.

Production-spec Yamaha Fazer 250 spotted sans camouflage

New Fazer 250 is a clear example that opting for shortcuts while designing a bike isn't really a clever option.

2 Aug 2017 2:11 PM IST

TNT 300 being is one of the highest selling 300cc motorcycles in the market today.

DSK Benelli to launch 3 new bikes this fiscal

Currently a total of 120 units of the TNT 300 are sold every month and the 302R should make for another 60 to 80 units.

2 Aug 2017 2:05 PM IST