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Finance Ministry

Finmin spent Rs 1,157 cr extra in 2017-18 without obtaining prior...

The Department of Economic Affairs under finance ministry failed to obtain legislative approval for augmenting...

12 Feb 2019 2:53 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold falters on weak global cues, tepid demand

Gold is trading at Rs 34,080 per 10 gram at the bullion market in sync with a weak global trend.

12 Feb 2019 2:44 PM IST

Gupte succeeds Prat Kumar, who was appointed vice president and program manager of Boeings F-15 fighter aircraft program in November last year.

Boeing appoints Salil Gupte as India head

Gupte will advance the development and execution of Boeing's strategy in India.

12 Feb 2019 1:52 PM IST

With more and more Chinese tech giants entering the Indian continent citing better sales and higher profits, Indian smartphone manufacturers are slowly being pushed aside for want of better quality products and after sales.

Indian smartphone market expands 14.5 pc in 2018: IDC

Shipment numbers in December 2018 quarter were down 15.1 per cent compared to the July-September 2018 period.

12 Feb 2019 1:47 PM IST

Swiggy Scheduled, users can now place their orders in slots of 30 minutes, a minimum of two hours and maximum of 48 hours in advance. (Photo: ANI)

Swiggy moves beyond food delivery, opens Stores to deliver everyday...

Company will deliver from these stores in categories such as fruits and vegetables, kiranas and supermarkets.

12 Feb 2019 1:28 PM IST

In a Twitter post about 90 minutes after the shooting at a Walmart store in suburban Denver, police said investigators had confirmed that two men were dead and a woman was taken to a local hospital, but no further details were given. (Photo: AFP)

Walmart, Google-backed Deliv end online grocery partnership

Walmart is now working mostly with restaurant delivery firms that deliver an order.

12 Feb 2019 1:00 PM IST

The selected airline is expected to start operations from November 2018 onwards, a spokesman of the Civil Aviation Department said here.

Indian airline sector to shrink losses by two-thirds next year: CAPA...

Indian carriers to lose a collective USD 550 million to USD 700 million for financial year 2020.

12 Feb 2019 12:53 PM IST

The Finance Ministry may come out with a Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal India to meet the minimum public holding norm.

Bharat-22 ETF additional sale on Feb 14, govt to raise at least Rs...

The government has so far raised Rs 22,900 crore through the Bharat-22 ETF.

12 Feb 2019 12:33 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Inflow to equity funds slump 60 per cent to Rs 6,158 cr in Jan

Overall, mutual fund industry witnessed a net inflow of Rs 65,439 cr in Jan as against an inflow of Rs 1.06 lakh cr.

12 Feb 2019 12:29 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

NCLAT extends deadline to decide on Essar Steel insolvency case

NCLT Ahmedabad to decide over the Rs 42,000 cr resolution plan submitted by ArcelorMittal for Essar Steel.

12 Feb 2019 12:25 PM IST

HAL posted a profit of Rs 1,998 crore in 2015-16, Rs 2,616 crore in 2016-17, Rs 2,070 in 2017-18 and Rs 650 crore until September 2018. (Photo: Twitter)

HAL posted profit of Rs 7,334 crore from 2015-16 to Sept 2018

The government has made significant investments to boost capacity of the HAL in the last three years: Bhamre.

12 Feb 2019 11:55 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi introduces framework for utilisation of security deposits with...

At present, on the same goods, security deposits are required to be maintained with both WDRA, cleaning corporation.

12 Feb 2019 11:51 AM IST