In Other News

Omni-channel supply chain as a multichannel distribution network which manages multiple methods of distributing and promoting products.

The rise of omni-channel supply chain and its impact on modern retail

The omni-channel supply chain has risen significantly with major online brands delving into retail stores.

22 Aug 2019 9:51 AM

RTGS System is available for customer transactions from 0800 hours to 1800 hours and for inter-bank transactions from 0800 hours to 1945 hours. (Photo: Pexels)

RTGS system for customer transactions to open at 7 am from Aug 26: RBI

The NEFT system is used for fund transfers of up to Rs 2 lakh, and RTGS for those above this threshold.

22 Aug 2019 8:47 AM

Relaxing the regulatory framework for foreign portfolio investors (FPIs), the markets regulator Sebi on Wednesday simplified KYC requirements for them by doing away with the broad-based eligibility criteria for FPIs, classifying them into two categories instead of three.

Sebi eases entry rules for foreign investors

The Sebi board also amended regulations concerning credit rating agencies.

22 Aug 2019 3:23 AM

From December, Vietnam-based airline Vietjet is planning to start direct flight between India and Vietnam. (Photo: VietJet Air)

'Bikini Airline' Vietjet to launch India operations with offer tickets starting from Rs 9

The promotional sale is on till 22 August.

21 Aug 2019 4:02 PM

Prime Minister Narendra Modi has been working to push electric vehicles in an effort to cut India’s fuel import bill and curb pollution.

Govt has not set deadline to launch electric vehicles: official

Auto industry has been caught in the middle of slowing economic growth that has led to a slump in demand for vehicles.

21 Aug 2019 2:06 PM

Need to build trust between tax payers and tax administrators: Sitharaman

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over the next few weeks.

21 Aug 2019 9:10 AM

A representational image for textile or apparel industry. (Photo: PTI)

Trade war can help MMF exports

Man-made textile is one among the products from China upon which Trump administration has levied additional tariff recently.

21 Aug 2019 1:30 AM

According to the data released by the Central Electricity Authority, solar power generation in the second quarter (Q2) of calendar year 2019 increased by 29 per cent year-on-year to 12,277 million units (MUs) compared to Q2 2018 during which approximately 9,514 MUs were generated by solar projects.

Solar power growth dips in H1

The report said solar power generation in the country peaked in the summer months of March, April, and May of 2019 with over 4 BUs.

21 Aug 2019 1:19 AM

Banks are keen to offer floating interest rates on deposits, as they come under pressure from the Reserve Bank of India to transmit the repo rate cuts to borrowers by reducing their lending rates.

Floating rates for bulk deposits on the cards?

Banks already have discretion to offer differential rate of interest on bulk deposits. Most of the bulk deposits are from institutions.

21 Aug 2019 1:17 AM

72 per cent of the job seekers said they would not believe a job opportunity is real, if there was no information about the employer reputation available online. (Photo: AFP)

Employer reputation key factor considered by job seekers: report

Before applying for a job, job seekers look for insight into factors of the company such as career growth opportunity, stability.

20 Aug 2019 1:39 PM

A new five-year e-tourist visa will be introduced with USD 80 fee and a one year with USD 40 fee, minister Prahlad Patel said. (Photo: Representational Image/Pixabay)

India's e-tourist visa fee to be based on tourist footfall

The move is being introduced to encourage tourists to visit India.

20 Aug 2019 12:37 PM

China lost 20 lakhs jobs in short period of time: Donald Trump

After coming to power, Trump has imposed 25 per cent import tariff on Chinese products worth USD 250 billion.

20 Aug 2019 10:34 AM

Nirmala Sitharaman had cut corporate tax for companies with annual turnover of up to Rs 400 crore.

Corporate tax for large companies to be gradually cut to 25 pc: Sitharaman

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

20 Aug 2019 8:43 AM

India started exporting umbrellas on a small scale, and has huge potential.

India has great potential to export umbrellas

Indian umbrellas are exported to a good number of African countries. But the scope is huge.

20 Aug 2019 7:44 AM

Quarter on quarter aggregate revenue of BSE 500 companies saw de-growth of 3.7 per cent from Rs 22,61,772.8 crore in January-March 2019 quarter while profit after tax saw 19 per cent growth from Rs 1,18,940.3 crore.

India Inc reports a lacklustre Q1

Among the Nifty-50 companies the aggregate revenue growth was modest at 6.3 per cent while the PAT grew at 2.5 per cent.

20 Aug 2019 7:28 AM

The Confederation of All India Traders (CAIT) has "given the call to boycott Chinese products to make China understand the repercussions of supporting Pakistan".

Traders body calls for boycott of Chinese goods, seeks up to 500 pc import duty

The issue will be discussed in a national conference of traders from all states convened by CAIT on August 29.

18 Aug 2019 5:34 PM

Bengaluru already has a wide variety of culinary experiences and we are confident that the robots will be welcomed with open arms in Bengaluru, Robot Restaurant founder Venkatesh Rajendaran said. (Photo: Representational)

'Robot Restaurant' comes to Bengaluru

The restaurant claimed that its Bengaluru launch was after its "resounding success" in Chennai and Coimbatore.

18 Aug 2019 5:14 PM

Latest data from the US Treasury Department showed that Japan was the largest holder, with holdings of American government securities worth USD 1.122 trillion, followed by Mainland China whose exposure stood at USD 1.112 trillion. (Representational Image/ Pixabay)

India's holding of US govt securities jumps to USD 162.7 bln

Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of USD 162.7 billion.

18 Aug 2019 4:08 PM

In the print media sector, 26 per cent FDI is allowed through government approval route. Similarly, 49 per cent FDI is permitted in broadcast media through government approval route. (Representational Image)

Govt to clarify on applicability of FDI policy on digital media: Sources

The present FDI policy is silent on the fast-growing digital media segment.

18 Aug 2019 1:28 PM

These charges are taxed multiple times as they are billed in a circuitous manner, said a senior government official. (Representational image)

Govt forms committee to rationalise additional taxes on Aviation Turbine Fuel

Currently, airlines have to pay charges such as 'throughput charges', 'into plane charges' and 'fuel infrastructure charges.'

18 Aug 2019 11:56 AM