In Other News

The Jalan panel is likely to submit its report in the coming weeks.

RBI has $43 billion excess capital: Report

As of September last, the excess capital with the central bank stood at Rs 9.6 lakh crore.

23 Apr 2019 2:30 AM

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee drops 32 paise, may stay weak if crude spikes

Central bank to remain on guard to weed out any volatility as elections are going on.

23 Apr 2019 1:49 AM

Extend special loans to pay Jet staff: AIBEA to banks

National Aviators Guild (NAG), which is the pilots' union of Jet Airways, has said that a sum of Rs 175 crore is needed to pay employee salaries.

23 Apr 2019 12:41 AM

Travelling abroad for a vacation or something else requires an elaborate planning. Of this, money management in the foreign country is one of the most important issues that you might have to decide before leaving the country.

Travelling Abroad? How to choose between cash, travel card and travel credit card

Travel credit card offers many add-on benefits such as travel insurance, airport lounge, reward points, etc.

22 Apr 2019 1:55 AM

The government has not yet interviewed for the post by its selection panel — Public Enterprise Selection Board (PESB).

HPCL ignores ONGC as promoters again

As far as the existing vacancies are concerned in HPCL, the director (finance) has been lying vacant after J Ramaswamy retired on February 28.

22 Apr 2019 1:33 AM

Interestingly however, precisely the same time, the output of black tea has fallen significantly in India, which is the largest producer of black tea.

5 Asian tea producers form ATA to boost trade

Except Dooars, Tamil Nadu and Karnataka, all tea producing regions in the country have posted a decline in output so far this year.

22 Apr 2019 1:31 AM

New FDI rule limits the market growth as the rules do not allow exclusive sales of brands on the online platform.

Online mobile sales will fall, fashion mart to rise

Mobile phone has been the fastest growing category between 2015 and 2018.

22 Apr 2019 1:29 AM

Modi promises collateral-free loan, insurance, pension as he woos traders

PM Modi promised collateral-free loan of up to Rs 50 lakh, Rs 10-lakh accidental insurance to GST-registered entitie.

20 Apr 2019 8:58 AM

Logistics sector has undergone a rapid transformation and growth, driven by effective policy changes, like GST.

How logistics sector can be a key differentiator of success for modern businesses

The sector is estimated to grow from the current USD 160 Billion to USD 215 Billion by 2020.

20 Apr 2019 8:45 AM

In FY16 it was 335 lakh carats and 305 lakh carats respectively.

India’s rough diamond exports rise

After the polishing wastage, it exported 348 lakh carats of cut and polished diamonds.

20 Apr 2019 12:58 AM

Even in the global air crashes, it leads to an increase in the premium payable by the airline.

Jet Airways closure to affect PSU insurers

As far as the losses of these insurers are concerned, pricing factor in aviation space plays a key role for these insurers.

20 Apr 2019 12:58 AM

Oriental Insurance is the leading insurer of Jet Airways and New India Insurance has some time been a co-insurer.

No insurance for Jet fliers

Customers cannot make insurance claims for cancelled flights.

20 Apr 2019 12:57 AM

Those with an annual income less than Rs 8 lakh, having agricultural land less than five acres, owning a flat smaller than 1,000 sqft, among other criteria, are eligible for the quota.

Who says there are no jobs? Modi govt’s goodwill trumps unemployment concerns

There are around 14,000 registered unemployed people in Bikaner alone, according to data provided by NCS.

19 Apr 2019 12:53 PM

Mallya asks SBI to disclose 'legal fees' spent to recover funds

Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore.

19 Apr 2019 12:21 PM

Carbonated beverages account for 51 per cent of PepsiCo's sales volumes in India. (Photo: Representational | File)

India's per-capita soft drink consumption to be almost double by 2021: VBL

The industry would have a broad-based growth across categories, especially helped by juices and bottled water, says VBL.

19 Apr 2019 11:43 AM

The government wanted to encourage bank boards to restructure their business strategy and also suggest way forward for their consolidation and merger with other banks. (Representational Image)

Banks Board Bureau identifies 75 senior officers for leadership roles in PSBs

Bureau was assigned with the task of recommending personnel for appointment as directors in govt-owned insurance companies.

19 Apr 2019 11:06 AM

There was no immediate reaction from Pakistan.

India suspends cross border trade in Kashmir in new crackdown

Govt of India to suspend the LoC trade at Salamabad and Chakkan-da-Bagh in Jammu and Kashmir with immediate effect.

19 Apr 2019 9:58 AM

An MNC having a fixed place of business in India is considered as having Permanent Establishment in India and is taxed as per domestic laws. (Photo: PTI)

I-T dept proposes new norms for taxing MNCs in India

The CBDT had set up the committee to bring greater clarity and predictability for taxing MNCs.

19 Apr 2019 9:09 AM

Gold imports in value terms have been shrinking for the past few months except January.

Gold imports dip in FY19

In FY18, the country had imported 804 tonnes valued $33.57 billion.

19 Apr 2019 2:35 AM

The latest study by ICRA on the Indian aviation industry suggests that the recent groundings of aircraft of the Indian aviation industry has already hit its total capacity hard, resulting in increased airfares and more inconvenience to the passengers, thereby affecting passenger traffic growth.

Jet’s grounding to hit aviation industry hard

As on date, 98 of the total 670 aircraft in the industry have been grounded.