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According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

TCS, HDFC, Infosys added Rs 40,597 cr to m-cap last week, HUL lost the...

In the ranking of top-3 firms, RIL stood at number one position, followed by TCS and HDFC Bank.

7 April 2019 4:23 PM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Soon, you may have the option to settle insurance claims in...

Insurance Regulatory and Development Authority of India had set up a working group to study a proposal in this regard.

7 April 2019 3:00 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

ATF under GST will ensure level playing field for domestic airlines:...

Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.

7 April 2019 2:23 PM IST

Union Railway minister Suresh Prabhu

Need to develop proper matrix to understand changes in economy: Prabhu

Minister Suresh Prabhu said now start-ups too are providing huge job opportunities but the challenge is to capture that...

7 April 2019 2:11 PM IST

Vikram Solar is spearheading Indias solar revolution with over 950MW EPC capacity portfolio including Commissioned and Under Execution, Rooftop and Ground-mounted projects. (Photo: Vikram Solar)

MNRE working on unified portal to help consumers install rooftop solar...

The portal will facilitate as a single-window clearance system for consumers looking to install rooftop solar panels.

7 April 2019 1:21 PM IST

At present, Harsh Vardhan Shringla is serving as the Indian High Commissioner to Bangladesh. (Photo: Facbeook | Harsh V Shringla)

India needs to sustain high level of economic growth: Envoy

India's Ambassador to the US Harsh Vardhan Shringla said on Saturday that India represents dreams of more than a billion...

7 April 2019 12:54 PM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

Top ports record marginal upswing in FY19 cargo handling at 699 MT

These ports, under the command of the Centre, had recorded 4.77 per cent growth in 2017-18 over the previous fiscal.

7 April 2019 12:22 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

India's coal import rises 8 pc to 212 MT in Apr-Feb

Coal imports in the month of February was at 18.31 MT (provisional) as compared to 21.15 MT (revised) in January 2019,...

7 April 2019 12:07 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Elections, earnings to dictate market trend this week: Experts

Movement of the rupee, crude oil and foreign capital flows would also influence trading sentiment.

7 April 2019 11:35 AM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

India to be third largest economy by 2030: Arun Jaitley

Talking about growth avenues for next 20 years, finance minister listed infrastructure, rural expansion and gender...

6 April 2019 5:16 PM IST

Tofacitinib will be manufactured at the Zydus Cadilas formulations manufacturing facility at Moraiya, Ahmedabad.

Zydus receives tentative approval from USFDA for Tofacitinib tablets

Tofacitinib is used to treat moderate to severe forms of rheumatoid arthritis, company said in a BSE filing.

6 April 2019 5:04 PM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

Bank of Maharashtra lowers lending rates by a nominal 5 basis points

RBI had cut repo rate to 6 pc from 6.25 citing need to support growth in bi-monthly monetary policy announced on...

6 April 2019 11:46 AM IST