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Maharashtra CM Devendra Fadnavis

Centre's Sagarmala programme helping port development: Fadnavis

These facilities are being developed over a 2000-metre waterfront and the logistic area comprises 400 acres.

9 March 2019 1:31 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

In a first, SBI links pricing of loans, deposits to repo rate

The repo rate is currently at 6.25 pc after the Feb 7 review where the central bank surprisingly lowered the repo rate...

9 March 2019 12:17 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI slaps penalties on 36 major banks for non-compliance in SWIFT...

Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.

9 March 2019 10:51 AM IST

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

WPC relaxing import norms for telecom products to expedite launches in...

Mobile phone companies were required to take approvals for even sample devices which they showed to the public for...

9 March 2019 10:46 AM IST

The sector has been seeking a rebate on all the embedded taxes paid by the value chain, including those on diesel, electricity, fertilisers for cotton and the like.

Apparel industry lauds central rebate on taxes

The government has also brought down the hank yarn obligation for spinning mills from 40 per cent to 30 per cent.

9 March 2019 1:09 AM IST

MF equity inflows dip to 25-month low

Inflows in the equity mutual funds dipped to a 25 month low.

9 March 2019 1:08 AM IST

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

Passenger vehicles to see just 3 per cent growth in FY19

Although auto sales last month showed a sluggish trend, overall sales were positive in all key segments during the April...

9 March 2019 1:08 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Market moves into consolidation mode

The Sensex closed at 36,671.33 down53.99 points or 0.15 per cent.

9 March 2019 1:08 AM IST

E-Commerce platforms helping Indian sellers.

Consumer internet firms raised $7 billion in 2018

Online grocery & food delivery firms grabbed $1.62 bn.

9 March 2019 1:08 AM IST

What top women economists predict for 2019

India's economy, among the world's fastest growing, faces risks from a global slowdown and political instability after a...

9 March 2019 1:07 AM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

ED probes Philip Morris, Godfrey Phillips deal

A spokesman for the Enforcement Directorate did not respond to an e-mail seeking comment.

9 March 2019 1:06 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar: NCLT clears ArcelorMittal's bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks' wisdom.

9 March 2019 1:06 AM IST