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ADB will provide Rs 1,650 crore, out of which 80 per cent will be grant-in-aid and the state will have to repay 20 per cent loan in due course of time.

ADB approves Rs 1,650 cr infrastructure projects in Tripura

The project will be taken up in Khowai, Ambassa, Dharmnagar, Kailashahar, Udaipur, Bishramganj and Belonia.

17 Jun 2019 9:48 AM IST

UCO Bank names Yash Birla wilful defaulter, puts notice with photo

UCO Bank also declared directors of seven other companies as wilful defaulters, which have total outstanding of Rs 740...

17 Jun 2019 9:36 AM IST

The latest incident comes after the US alleged that Iran used mines to attack four oil tankers off the nearby Emirati port of Fujairah last month. (Representational Image)

Saudi seeks oil supply protection as US and Iran face off

Thursday's tanker attacks in the Gulf of Oman exacerbated the antagonistic fallout from similar blasts in May that...

17 Jun 2019 8:19 AM IST

Your credit score is a three-digit, numeric expression of your creditworthiness. It is measured by credit information agencies such as Experian and CIBIL and ranges from a low of 300 to a peak of 900.

These things do not hurt your credit score

So let's take a look at several things that don't impact your credit score.

17 Jun 2019 2:12 AM IST

The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.

Steel industry seeks safeguard duty to counter rise in imports

The proposed duty is to cover under its purview products like semis, flats, longs, pipes and tubes, stainless steel and...

17 Jun 2019 2:05 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Market likely to see correction

The market is closely watching the progress of the monsoon and the trend in crude oil prices.

17 Jun 2019 1:16 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Round-tripping still rampant in gold exports

Round-tripping continue to flourish to take advantage of the interest arbitrage or to inflate balance sheets.

17 Jun 2019 1:11 AM IST

These lenders are following the path of a lending unicorn-Capital First, which adopted a similar strategy. In 2012, venturing down the entrepreneurial road, V Vaidyanathan acquired a stake in an existing NBFC and secured the equity backing of Rs 810 crore from Warburg Pincus and thus founded Capital First Ltd.

Start-ups entering listed space via reverse merger

Nath, a financial services veteran, launched U GRO last year after acquiring listed entity Chokhani Securities.

17 Jun 2019 1:03 AM IST

According to civic officials, the earlier system was to charge property tax on the entire building or housing society.

CREDAI seeks bank funding for developers to buy land for affordable...

Land funding is typically done by NBFCs or private equities, it said, but added that cost to developers are as high as...

16 Jun 2019 6:23 PM IST

T V Mohandas Pai

'India has wage problem, not job problem': Mohandas Pai

India is not producing good jobs, but creating a lot of Rs 10,000-Rs 15,000 low-paid jobs, says T V Mohandas Pai.

16 Jun 2019 5:18 PM IST

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

Trai mulls approach to determine unique mobile subscribers base

Subscriber number does not give exact picture of those connected or unconnected as it counts multiple phone connections.

16 Jun 2019 4:03 PM IST

The TV is equipped with an Android remote that will have Google Assistant and hot keys for Netflix and Google Play.

Large-screen TV sales soar up to 100 pc as World Cup fever grips fans

Companies expect sales to pick up further as tournament progresses towards knock-out rounds, and have lined up...

16 Jun 2019 3:46 PM IST