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Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Government clarifies still planning to sell debt-laden carrier Air...

Government failed last year in its attempt to sell a 76 pc stake in loss-making Air India due to a lack of interest from...

28 Jun 2019 9:51 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

Indians' money in Swiss banks falls, hits second-lowest level in two...

Swiss banks, including through India-based branches, fell by nearly 6 pc in 2018 to 955 million Swiss francs (about Rs...

28 Jun 2019 9:32 AM IST

Ram Vilas Paswan

Govt working towards 'one nation one ration card': Paswan

The food ministry will also create a central repository of all ration cards which will help in de-duplication.

28 Jun 2019 9:27 AM IST

Union Road Transport and Highways Minister Nitin Gadkari attended an event organised by Pune District Urban Cooperative Banks Association Limited. (Photo: ANI)

Govt plans to develop Alibaba-like portal for Indian MSMEs: Gadkari

PM Modi's dream of making India a USD 5 trillion economy can only be fulfilled by ensuring the growth of MSME sector.

28 Jun 2019 9:23 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Spectrum auctions in India likely in second half of 2020: Moody's

All telecom operators, except Reliance Jio, have been under pressure due to huge debt and decline in margins.

28 Jun 2019 9:14 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Ficci urges FinMin to re-look into GST regime for consulting, service...

At present, the Consulting community continues to be made liable for payment of GST on behalf of the employer.

28 Jun 2019 9:05 AM IST

India ranked 130 out of 190 countries on the World Banks ease of doing business list. (Photo: Pixabay/Representational)

DPIIT seeks views on draft cabinet note on national policy for ease of...

India's rank improved by 65 positions in Doing Business index over the last four years (2014-2018).

28 Jun 2019 9:01 AM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro exits WAISL JV, sells remaining 11 pc share to Antariksh...

In April last year, Wipro had sold 63 pc of its stake in WAISL to Antariksh Softtech in a Rs 3.15 crore deal.

28 Jun 2019 8:57 AM IST

Sumit Padmakar Joshi, Vice President of ELCOMA and CEO, Signify Innovations India Ltd. (formerly known as Philips Lighting India) echoed more or less similar sentiments.

LED bulbs defy BSI safety rules

These spurious products are a safety hazard for consumers besides causing significant loss in tax revenues for the...

28 Jun 2019 2:43 AM IST

Dr. K. M. Cherian

India's first medical SEZ awaits liquidation

Breakthrough researches stalled for want of just Rs 200 crore.

28 Jun 2019 2:42 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC profits from investments double in Q4

The balance sheet of LIC in FY19 stood at Rs 30.55 lakh crore compared to Rs 27.91 lakh crore in FY18.

28 Jun 2019 2:41 AM IST