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  Business   Economy  12 Oct 2017

Business, Economy, 12 Oct 2017

PPI share in digital payments to rise to 30-40 per cent: PCI

PPIs contribution to digital payments from current share of less than 10 per cent.

12 Oct 2017 8:24 PM

Retail inflation at 3.28 per cent in September

Data revealed overall food inflation moderated to 1.25 per cent in Sept from 1.67 per cent in previous month.

12 Oct 2017 6:38 PM

India gets 1st diesel locomotive from GE, work on Bihar factory on

Indian Railways and GE jointly to supply and maintain modern diesel electric locomotives of 4,500 HP and 6,000 HP.

12 Oct 2017 6:37 PM

IIP growth rises to 9-month high of 4.3 per cent in August

IIP growth during April-August period of this fiscal stood at 2.2 pc, down from 5.9 pc in same period in 2016-17.

12 Oct 2017 6:32 PM

CPI inflation for September tanks to 3.28 per cent, IIP climbs to 4.3 per cent

According to data released by the government, the retail inflation rate for the month of August stood at 3.36 per cent.

12 Oct 2017 5:46 PM


Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 4:43 PM

UP's 800,000 govt employees to get 30 days' Diwali bonus

Statement issued by UP govt on Wednesday said bonus for an employee will be up to Rs 6,908.

12 Oct 2017 3:47 PM

Govt to discuss bringing real estate under GST in Nov: Jaitley

The Indian real estate market is expected to touch USD 180 billion by 2020.

12 Oct 2017 1:36 PM

Universal basic income looks good as substitute for inequitable public spending: IMF

Because of its universality, a UBI has the potential of having a significant impact on inequality and poverty.

12 Oct 2017 1:23 PM

Indian govt working on revival of banking sector: Jaitley

Finance Minister Arun Jaitley said that he inherited a banking system whose monies were lying in non-performing assets.

12 Oct 2017 12:50 PM


7th Pay Commission: Benefits to be extended to central, state university faculty

The revised pay that will come into effect from January 1, 2018 will reflect a hike between Rs 10,000 and Rs 50,000.

12 Oct 2017 10:21 AM

India, Japan to team up to get more flexible LNG deals

India and Japan will also look at establishing LNG spot price indices that reflect true supply and demand.

12 Oct 2017 9:45 AM

Maximum tax evasion in real estate, Council mulls bringing it under GST: FM

A 12 per cent GST is levied on construction of a complex, building, civil structure or intended for sale, wholly or partly.

12 Oct 2017 9:29 AM