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According to CII, strong rural consumption is reflected in sectors such as consumer non-durables, 2-wheelers and tractors.

Park Hotels MD Nijay Dewan new CII Bengal chairman

Mehul Mohanka, Managing Director & Group Chief Executive Officer of Tega Industries Ltd was elected as deputy chairman...

23 Feb 2019 7:17 PM IST

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

RBI stiffens rules, makes loans costlier for NBFCs to borrow

Now any loan to an NBFC which is due to pay to the banks Rs 200 crore or above, will now lure a risk weight of 150 per...

23 Feb 2019 7:10 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 bundles NBFCs into 1 type,offering operational flexibility

The central bank also decided that exposures to all NBFCs will be risk weighted as per credit ratings.

23 Feb 2019 5:58 PM IST

Forex dealers said that there was a higher opening in domestic equity market

FPIs pour Rs 6,311 cr into domestic capital markets, highest in Feb so...

According to the latest data from the BSE, foreign portfolio investors (FPIs) sold securities worth Rs 4,126.98 crore.

23 Feb 2019 5:49 PM IST

NALCO, an aluminium major. (Photo: Twitter)

NALCO plan envisages more than Rs 2,000 cr net profit by 2020

With the metal sector being affected the worst, NALCO took a conscious decision of introducing an all weather business...

23 Feb 2019 5:40 PM IST

deputy chief minister Manish Sisodia

Delhi's per capita income three times the national average: Economic...

Delhi's per capita income in 2018-19 was pegged at Rs 3,65,529.

23 Feb 2019 5:25 PM IST

The AxisRooms Airbnb tie-up is Airbnbs first business partnership in India with a booking site controller for accommodations

India is one of the fastest-growing emerging markets for Airbnb:...

The company, which commenced operations in India in 2016, currently has 45,000 listings on its platform.

23 Feb 2019 5:15 PM IST

Telecom players have also argued that the stringent data protection rules applicable on them should also apply equally and uniformly on other players like OTT apps.

5G holds potential to catalyse higher overall economic growth: Trai

5G will bring new capabilities to fore in areas such as telesurgery and autonomous vehicles.

23 Feb 2019 5:05 PM IST

Adani Logistics set to acquire agri-logistics arm from AEL

Adani Agri Logistics (AALL) is a subsidiary of Adani Enterprises (AEL) and the transaction is proposed at Rs 1,662...

23 Feb 2019 4:53 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

CBIC sets up 3 working groups to facilitate exports, curb tax evasion

The working groups will focus on export promotion and facilitation.

23 Feb 2019 4:48 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

India, US expected to soon finalise a trade package to boost bilateral...

ndia's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion.

23 Feb 2019 4:35 PM IST

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 per cent while the licence fee collected by the government dropped by 16 per cent year-on-year in the quarter ended December 31, 2017.

Trai begins review of transaction charges involved in telecom network...

The regulator has sought stakeholders views on whether the per port transaction charges should continue to be computed.

23 Feb 2019 4:18 PM IST