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The bad news is that over the next three days there would be less or no rains in many parts of the country, which would widen the all-India rain deficit from the present 17 per cent to 20 per cent from June 1, the start of the monsoon season.

Rains to revive, pick up pace over next two weeks

The state-run agency also said rains in the remaining parts of the country are very likely to be normal to below normal.

19 July 2019 6:55 AM IST

In FY19, the country exported agri goods worth Rs 923 crore to China against Rs 464 crore in FY18, a growth of 99 per cent. Guar gum, fresh grapes and pulses witnessed good growth.

Agri exports to China double

In dollar terms the growth was 83 per cent from $72 million in FY18 to $132 million in FY19.

19 July 2019 6:49 AM IST

Securities and Exchange Board of India (SEBI)

Sebi to tighten auditor resignation norms

Auditors have to give detailed reasons for resigning from an audit job.

19 July 2019 6:40 AM IST

Sachin Bansal in talks for Essel Mutual Fund

Sachin Bansal and former Bank of America director Ankit Agarwal are in joint talks for acquiring Essel MF.

19 July 2019 6:29 AM IST

Darshan Hiranandani

Hiranandani forays into data centre parks

About the family business, the senior Hiranandani said his son Darshan will be his successor.

19 July 2019 3:25 AM IST

Average prices at the auctions of Coonoor Tea Trade Association nosedived to a new low of Rs 79.10 a kg at sale No. 28.

South Indian tea prices plunge as demand flags

The price decline is more pronounced in high quality Assam tea, compared with the low to medium categories of tea.

19 July 2019 3:21 AM IST

Refinancing needs are manageable for most corporates in 2017, given their better access to the capital markets and large cash balances.

Renegotiation of PPAs to hit cash flows

Earlier this month, the state government had formed a negotiation committee to renegotiate wind and solar PPAs in the...

18 July 2019 1:39 AM IST

The Ministry of Heavy Industries has invited proposals from urban local bodies, municipal corporations, PSUs (state/central) and public/private entities, who are interested in developing EV charging infrastructure in different states and cities.

EV charging stations to be set up in capital cities

The government wants to extend the capital grants with various organisations to promote the use of EVs in the country.

18 July 2019 1:22 AM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

EPFO recovers Rs 459 cr PF dues out of Rs 1,251 cr outstanding in...

The total backlog or outstanding provident fund dues of the EPFO during 2018-19 was Rs 791.63 crore.

17 July 2019 4:06 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Taxpayers beware! Claiming false HRA through ITR may land you in...

The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).

17 July 2019 2:58 PM IST

Ten years after 26/11, the Indian Navy coordinated the largest-ever coastal defence exercise off the Indian coast on 22-23 January 2019, codenamed Sea Vigil.

Israel Aerospace signs USD 50 million follow-up deal with Indian navy

The agreement involves maintenance and other services for sub-systems of Israel Aerospace's medium range surface-to-air...

17 July 2019 2:40 PM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

Christine Lagarde resigns as IMF chief, starting race for her...

IMF succession is expected to be a major topic of discussion among G7 finance ministers and central bank governors...

17 July 2019 10:27 AM IST