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Fitch gives NTPC 'BBB-' rating with a stable outlook

It said NTPC's ratings benefit from its dominant market position and regulated business model, which provides certainty...

15 Jun 2017 7:14 PM IST

There are some industries that are more vulnerable than others. These are industries that are typically seen to have some social or political impact.

Foreign investment of Indian industries dips to 56% in May

Among major investors, pharma major Dr Reddy's Laboratories invested USD 263 million in its wholly owned unit in...

15 Jun 2017 6:53 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Indian Oil sets up control rooms to oversee daily price revisions

The control room cell at 70 Divisional Offices will be manned by technical, operations and retail sales officers of IOC.

15 Jun 2017 6:36 PM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

Tower companies term GST rules for cell towers 'regressive'

Mobile tower companies said the government's move to not allow tax adjustments on bills they raise to telecom operators...

15 Jun 2017 6:21 PM IST

Sensex opened higher at 26,756.66.

Equities suffer losses, Nifty settles below 9,600

Sensex, after opening higher, scaled a high of 31,229.44, but slipped to end lower by 80.18 points, or 0.26 pc.

15 Jun 2017 5:48 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO slashes claim settlement period

EPFO also reduced the grievance redressal period to 15 days from 20 days.

15 Jun 2017 5:22 PM IST

It's raining discounts as carmakers woo customers ahead of GST

Dealers of country's largest car maker, Maruti Suzuki, are offering discounts between Rs 25,000 and Rs 35,000.

15 Jun 2017 5:03 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

India's oil imports from Iran plunge over gas field row

India plans to order about a quarter less Iranian crude due to a snub over development of Iran's Farzad B gas field.

15 Jun 2017 4:48 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Lack of infra biggest issue in daily fuel price change

Petrol pump owners in the city feel the liabilities of the public sector oil companies have been conveniently pushed on...

15 Jun 2017 4:31 PM IST

Finance Minister Arun Jaitley

GST Council to vet e-way, anti-profiteering rules on Jun 18

As per the draft, GSTN would generate e-way bills that will be valid for 1-15 days, depending on distance to be...

15 Jun 2017 3:59 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold sheds Rs 85 on global cues, tepid demand

Gold of 99.9 per cent and 99.5 per cent purity declined further by Rs 85 each to Rs 29,165 and Rs 29,015 per 10 grams.

15 Jun 2017 3:32 PM IST

A reduction in MCLR helps all new borrowers get the benefit of lower interest rates for all kinds of loans. (Representational image)

Risk weights cut on home loans credit negative for banks: report

RBI lowered the risk weight for housing loans above Rs 75 lakh to 50 per cent from the earlier 75 per cent.

15 Jun 2017 3:25 PM IST