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Sugar prices in the domestic market were hovering around Rs 31,000/MT in April, 2019 (ex-mill, UP). Prices have recovered and now stand at Rs 33,000- Rs 33,500/MT.

Sugar dearer on cane availability concerns

Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.

3 Jun 2019 3:03 AM IST

As the probe of IL&FS fraud, committed likely by its in-house top honchos, is taking an aggressive turn, the Ministry of Corporate Affairs-led investigating agency Serious Fraud Investigation Office (SFIO) is mulling interim attachment of all movable and immovable assets of auditors, independent directors and other top officials.

SFIO may attach assets of IL&FS honchos, auditors

The SFIO's first charge-sheet came on IFIN, the first subsidiary of IL&FS, which is proved to be a gateway to this huge...

3 Jun 2019 2:55 AM IST

Reserve Bank of India (RBI)

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

3 Jun 2019 2:48 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI to observe Financial Literacy Week in Kerala on June 3

Reserve Bank of India is observing the first week of June as the Financial Literacy Week across the country.

1 Jun 2019 1:07 PM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Govt to present Budget 2019-20 on July 5

This will be first full Budget of Modi 2.0 government.

1 Jun 2019 11:17 AM IST

Income support schemes the Congresss Nyay for 20 per cent of the poorest households and the BJPs PM Kisan scheme for farmers with less than two hectare of land, are both progressive social protection measures.

Bonanza for farmers: New govt extends PM-KISAN, announces pension...

The pension scheme will ensure social security to poor and small farmers.

1 Jun 2019 11:15 AM IST

E-way bill provision has been decided by the GST Council and will be implemented in six months. (Representational Image)

How transportation can be single most impactful factor for a greener...

The transport sector alone contributes to about a quarter of global CO2 emissions.

1 Jun 2019 11:00 AM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

5 best ways to transfer money online

The best way to get a personal loan is by lending it from a known person to avoid interest rates.

1 Jun 2019 10:23 AM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

Big-bang reforms on cards: Niti Aayog's Rajiv Kumar

This should help companies to avoid getting embroiled in complicated disputes with their workers.

1 Jun 2019 1:36 AM IST

Interestingly, HCL has been implementing mine expansion scheme to quadruple its capacity from 3.4 million tonne per annum to 20.2 million tonne a year.

PSUs' JV set to acquire strategic assets abroad

official teams have already visited mines in countries like Peru, Bolivia and Chile, which are rich in such strategic...

1 Jun 2019 1:29 AM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Unemployment rate at 6.1 per cent in 2017-18, confirms govt data

The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in case of females.

31 May 2019 6:13 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Nirmala Sitharaman appointed Finance minister, breaches largely male...

Sitharaman took over as Defence minister in September 2017, taking over from Arun Jaitley.

31 May 2019 5:45 PM IST