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We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.

India services activity reverses course, surges in July: PMI

The IHS Markit Services Purchasing Managers' Index rose to a one year high of 53.8 in July, up from 49.6 in June.

5 Aug 2019 11:03 AM IST

Parliament passed a bill to repeal 58 laws from the statute books on Friday. (Phtoto: PTI)

Law which allowed circulation of Rs 1000 notes in 1999 scrapped

The Rs 1000 denomination notes are no longer in circulation.

5 Aug 2019 10:01 AM IST

The Make in India initiative was launched in September 2014 with an aim to promote India as an investment destination and a global hub for manufacturing, design and innovation.

Rs 25,000 cr tenders cancelled or modified to promote Make in India...

Govt issued the order on June 15, 2017, to promote manufacturing and production of goods and services in India.

5 Aug 2019 9:43 AM IST

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Two lakh jobs cut in last 3 months across automobile dealerships: FADA

286 showrooms were closed across 271 cities in the 18-month period ended April this year.

5 Aug 2019 9:22 AM IST

Moving a step closer towards setting up a spot gold exchange, a steering committee of industry bodies has defined the structural framework for the exchange.

Industry suggests framework for gold bourse

Product specifications should be broad enough to appeal to a range of customers but narrow enough to promote liquidity.

5 Aug 2019 3:38 AM IST

When it comes to natural rubber, there has been a subdued demand from domestic stockists amid expectations of a rise in supply in the coming days.

Natural rubber prices to remain under pressure

When it comes to imports of rubber products, the volume and value are on the rise as well.

5 Aug 2019 3:35 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Good money after bad? India's bank rescue plans keep on coming

Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India's economic...

3 Aug 2019 1:18 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

RSS' economic wing says India unlikely to accept China-led trade deal

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and...

3 Aug 2019 12:06 PM IST

Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

Sitharaman to meet heads of public and private sector banks on Monday

In the last few months, there have been signs of revival in public sector banks.

3 Aug 2019 11:24 AM IST

Thirdhand smoke, or THS, results when exhaled smoke and smoke emanating from the tip of burning cigarettes settles on surfaces such as clothing, hair, furniture, and cars. (Photo: Representational/Pixabay)

Taking on the tobacco fight with regulations at the forefront

Most countries are focusing on the perceived benefits of ENDS and advantages to adult smokers.

3 Aug 2019 1:21 AM IST

The slow pace of revenue growth can be attributed to a broad-based slowdown in consumption, which has affected sectors such as automobiles and fast-moving consumer goods (FMCG).

FMCG firms face demand dearth, push inventory

Average stock at trade channel up by 10 days to 25 days.

3 Aug 2019 1:20 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI posts Rs 2,312 crore profit, but slippages rise

The lender had reported a net loss of Rs 4,876 crore during Q1FY19.

3 Aug 2019 1:18 AM IST