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Arun Jaitley informed the Parliament \Transformative measures have to be undertaken to make Indian Railways competitive,Business
Railways working to ensure confirmed berths on demand by 2021

Railways is planning to introduce more passenger trains on high-density routes.

28 April 2017 7:49 PM IST

No other aviation market in the world is growing in the double digit except India and China.Business
UDAN: Discounted tickets all booked on new Shimla-Delhi flights

The non-subsidised seats currently available were priced between Rs 5,300 and Rs 19,080.

28 April 2017 5:41 PM IST

IT Minister Ravi Shankar PrasadBusiness
Tax compliance a must while pushing digital economy: Prasad

Tax practitioners and tax administrators will have to understand tempo of this change.

28 April 2017 5:24 PM IST

Union finance minister Arun Jaitley in New Delhi. (Photo: PTI)Business
7th Pay Commission: Lavasa panel submits report

Full implementation of panel recommendations will cost govt Rs 29,300 crore.

28 April 2017 5:01 PM IST

Against a basket of currencies, the dollar was firm at 102.800 having climbed 0.6 per cent overnight.Business
India sees highest listed foreign funds inflows at USD 1.7 billion

Allocation to India by Asia ex-Japan funds has marginally decreased to 13.6 per cent.

28 April 2017 5:00 PM IST

Commerce and Industry Minister Nirmala SitharamanBusiness
GST rollout: Commerce Ministry to modify certain portions of FTP

FTP was announced in 2015 and it was stated that the ministry would conduct a mid-term review in September.

28 April 2017 4:46 PM IST

IPO is public issue of shares.Business
NSE's Rs 10,000-cr IPO to take a few months: Sebi

Offer may give exchange a valuation of Rs 50,000-55,000 crore, officials said.

28 April 2017 4:32 PM IST

Bombay Stock ExchangeBusiness
Sensex down 111 points, Nifty defends 9,300 level

NSE Nifty ended lower by 38.10 points, or 0.41 per cent, at 9,304.05, after shuttling between 9,342.65 and 9,282.25.

28 April 2017 4:29 PM IST

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.Business
Fitch upgrades Tata Motors to BB+ with stable outlook

Upgrade of long-term issuer default ratings to BB+ from BB reflects the sustained improvement in its domestic business.

28 April 2017 4:07 PM IST

FTIL promoter Jignesh Shah. (Photo: PTI)Business
Sebi issues fresh showcause notice to brokers in NSEL case

Sebi is probing whether these five brokers were 'fit and proper' to operate in markets.

28 April 2017 4:05 PM IST

DoCoMo sold its stake in telecom JV in 2014 to Tata Sons.Business
Delhi HC rejects RBI's intervention plea in Tata-Docomo case

However, HC has taken on record terms of consent of settlement between NTT Docomo and Tata Sons.

28 April 2017 3:21 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.Business
PE investments fall to 33-month low at $2.1 billion

Only four investments were valued at and above USD 100 million during the quarter, as against 7 deals a year ago.

28 April 2017 2:45 PM IST

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