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$\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)$ Business

India Inc pitches for land and labour reforms to achieve double-digit...

To target GDP growing up to 10 per cent by 2023-24, the total investment requirement is estimated at USD 5.74 trillion.

3 Jun 2019 6:40 PM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Business

Telecom minister promises dialogue with industry on outstanding...

The telecom sector is burdened with staggering debt levels and cut throat competition.

3 Jun 2019 6:23 PM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Business

Commerce Ministry to hold meet on Jun 6 to discuss ways to boost...

Board of Trade (BoT) would seek views of all stakeholders on the forthcoming foreign trade policy.

3 Jun 2019 5:48 PM IST

Opposition parties were trying to spread bitterness, casteism and regionalism in the country to target the BJP, Union Minister Ravi Shankar Prasad alleged. (Photo: ANI/Twitter)

Business

Ravi Shankar Prasad warns social media firms on platform misuse

IT Ministry, last year, began work on tightening rules for social media and online companies, for which it held wide...

3 Jun 2019 5:28 PM IST

Business

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Business

Sensex, Nifty close at record highs on rate cut hopes

The 30-share Sensex also saw its all-time peak in intra-day trade at 40,308.90.

3 Jun 2019 4:18 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Business

Gold rises Rs 75 to Rs 33,195 per 10 gram on local buying

Gold strengthened on the back of buying by local jewellers and positive global cues, traders said.

3 Jun 2019 4:13 PM IST

US decision to withdraw GSP incentives taken in haste, will hurt...

CII President Vikram Kirloskar expressed hope that US and India would find an amicable solution to this issue.

3 Jun 2019 3:50 PM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

Business

Assocham demands cut in effective corp tax to 25 pc, inflation...

Assocham also demanded cut in customs duty rates on aluminium to 5 per cent from 7.5 per cent

3 Jun 2019 3:32 PM IST

Indias sugar output in the last marketing year (October-September 2018) was also a record of the sort at 32.5 million tonne.

Business

Government may provide subsidised sugar to more families; mulls extra...

The proposal is to extend one kg sugar supplies to additional 16.29 crore beneficiary families, would cost Rs 4,727...

3 Jun 2019 2:49 PM IST

Ravi Shankar Prasad said the campaign has become a peoples movement. (Photo: ANI)

Business

Telecom spectrum auction to be held this year: Ravi Shankar Prasad

Taking charge of Telecom ministry, Prasad said that amongst his priorities will be revival of state-owned MTNL and BSNL.

3 Jun 2019 2:36 PM IST

Aprilia has launched the Storm 125 at Rs 65,000 (ex-showroom, Pune).

Business

Aprilia launches Storm 125, its most affordable scooter in India

The new Storm 125 slots below the Aprilia SR 125.

3 Jun 2019 12:58 PM IST