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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth seen falling to 6 per cent and GVA to 5.8 per cent in Q1

Icra attributed this to a slowdown in the expansion of industry (from 9.8 per cent to 5 per cent) and agriculture (from...

23 Aug 2019 1:37 AM IST

Keeping the flood scenario in many parts of the country, recently the Insurance Regulatory and Development Authority of India (IRDAI) advised insurance companies to expedite claim settlement.

Floods: Insurers expect over Rs 1,000-cr claims

Two senior officials of a public sector insurance company said the industry expects as many as 10,000 floods-related...

23 Aug 2019 1:31 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Indians pawning the family gold amid credit crunch

Gold loans rose 6.6 per cent between April 1 and July 24 this year to 358 billion rupees.

22 Aug 2019 2:51 PM IST

Few large retail outlets have already started advertising the downward revised prices of FMCG items.

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 IST

Digital transactions in October shot up to 965 million transactions, the highest ever so far. (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 IST

Sebi is market regulator.

Sebi eases entry rules for foreign investors

The Sebi board also amended regulations concerning credit rating agencies.

22 Aug 2019 3:23 AM IST

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...

The promotional sale is on till 22 August.

21 Aug 2019 4:02 PM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

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 IST

Finance Minister Nirmala Sitharaman

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

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

21 Aug 2019 9:10 AM IST

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...

21 Aug 2019 1:30 AM IST

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...

21 Aug 2019 1:19 AM IST

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

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...

21 Aug 2019 1:17 AM IST