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Business - Page 2017

Union Minister Ashok Gajapathi Raju

Air cargo sector to grow at 9 pc: Ashok Gajapathi Raju

The cargo sector is yet to see robust expansion despite high growth potential.

4 May 2017 1:25 PM IST

Sunil with new Mahindra 4-wheeler. (Photo: courtesy Anand Mahindra)

When Mahindra gifted new four-wheeler to auto driver

Sunil had designed and decorated his three-wheeler auto in such a way that it passed like a Mahindra Scorpio.

4 May 2017 1:22 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Cabinet okays 7th Pay Commission proposals; key facts

Armed forces have been pressing for reverting to percentage-based regime for disability pension.

4 May 2017 1:13 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Indian market should be more deregulated, FDI friendly: ADB

ADB has forecast India's economic growth rate at 7.4 per cent in the current fiscal year.

4 May 2017 1:10 PM IST

Representational image.

National Steel Policy: 300 MT output, Rs 10 lakh cr investment

Cabinet also approved a policy for use of domestic steel products in government organisations.

4 May 2017 1:09 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Bank stocks surge up to 9 pc on NPA resolution push

Public sector banks are saddled with NPAs or bad loans to the tune of a staggering Rs 6 lakh crore.

4 May 2017 12:16 PM IST

Chairman and founder of Adani group Gautam Adani

Adani signs steel supply deal with Aus group Arrium

Railway track contract assessment showed the best option for an order of that size was for it to be supplied by the...

4 May 2017 11:57 AM IST

Arrested on the basis of profiling, the gold was concealed in the shoes he was wearing. (Representational Purpos).

Gold slips Rs 172 in futures trade on global cues

Globally, gold fell 1.53 per cent to USD 1,237.70 an ounce in New York.

4 May 2017 11:42 AM IST

Food prices witnessed a sharp rise by 2.69 per cent in February as compared to a deceleration by 0.56 per cent

Cabinet okays Rs 6,000 crore scheme for food processing sector

Objective of SAMPADA is to supplement agriculture, modernise processing and decrease agri-waste.

4 May 2017 11:34 AM IST

Services ector forms the core of services PMI.

Service sector growth nearly stalls in April: PMI

A composite PMI, which includes both manufacturing and services, fell to 51.3 last month from 52.3 in March.

4 May 2017 11:24 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Cabinet clears ordinance to amend Banking Act to tackle NPAs

Amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.

4 May 2017 10:58 AM IST

Bombay Stock Exchange

Sensex soars 189 points on reforms, earnings boost

The NSE Nifty-50 index was trading higher by 49.45 points, or 0.53 per cent, at 9,361.40.

4 May 2017 10:36 AM IST