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Shaktikanta Das

RBI Governor to meet heads of payments banks later this week

RBI Governor to meet heads of payments banks later this week

25 March 2019 12:24 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Don't miss the belated returns filing deadline

Missing the belated income-tax returns deadline can put you in deep trouble as the I-T department may send you a notice...

25 March 2019 1:24 AM IST

Cotton is widely grown around the world, with its fiber used to make textiles and the cottonseed used among other things to feed animals such as cattle and sheep that have multiple stomach chambers.

Textile exports face headwinds

Higher prices will add cost pressure on the value chain, making yarn, fabric and apparel exports less competitive.

25 March 2019 1:24 AM IST

Premium rates have gone up for companies manufacturing rubber goods, plastics, textiles, chemicals, besides transporters godowns, steel plants and thermal power plants.

Insurance cost goes up to 9-fold for companies

Eight segments suffer steep hike as GIC Re increases rates.

25 March 2019 1:23 AM IST

Airfares especially on the Delhi-Mumbai sector, has seen a surge of 30 per cent owning to fewer flights operating out of one of Indias busiest airports. (Photo: ANI)

Domestic air passenger growth slows down in February: DGCA

The number of passengers flown by government-owned Air India also dropped to 14.53 lakh as against 15.30 lakh in the...

23 March 2019 3:20 PM IST

Apple has never officially confirmed the project, several of CEO Tim Cooks comments have fueled speculation.

In China, Apple's Cook says he's bullish on global economy

The iPhone has long been Apple's marquee product and main money maker.

23 March 2019 1:08 PM IST

Nandi expects refrigerator sales to grow by 10 to 12 per cent and ACs by 12 to 15 per cent.

Rising summer heat lifts spirit of AC makers

Summer sales of air-conditioners and refrigerators have already picked up in south India.

23 March 2019 2:00 AM IST

State Bank of India

SBI raises Rs 1,251 crore via debt

The bonds carry a coupon of 9.45 per cent payable annually with call option after five years.

23 March 2019 1:59 AM IST

The regulatory mechanism still results in reasonably predictable cash flows for GHIAL over the five-year regulatory period, despite interim tariff volatility due to delayed regulatory resets.

GHIAL outlook stable

The tariff mechanism will allow for the eventual recovery of costs, capital spending, and returns, it said.

23 March 2019 1:59 AM IST

The government had set Rs 3,500 crore as the base issue size for the three-day issuance of the fifth tranche of the CPSE ETF.

CPSE ETF helps govt cross selloff target

Earlier government had mopped up Rs 50,809.76 crore from disinvestment of various public sector enterprises.

23 March 2019 1:59 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

SBI hopeful of Jet Air resolution this month

Naresh Goyal, Chairman, currently holds 51 per cent stake in Jet Airways, while Abu Dhabi-based Etihad Airways has a 24...

23 March 2019 1:58 AM IST

With the falling score, the government had reportedly said it would soon empower the DGCA to regulate air traffic controllers.

Air passenger traffic growth slows

The stock of SpiceJet zoomed 7.04 per cent to Rs 98.10. Intra-day, it rose 14.23 per cent to touch a high of Rs 104.70.

23 March 2019 1:56 AM IST