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The Rs 13,000-crore PNB scam and fiscal slippage are among factors that have led to a sharp decline in business optimism for the June quarter, a report said on Monday.

PNB scam, fiscal slippage dent business optimism in June quarter

The optimism was rising in the September quarter of last year and hit a peak of 91 per cent for the first quarter of...

16 April 2018 3:10 PM IST

India will buy an additional one million tonnes per annum of LNG from Australias Gorgon project after it got Exxon Mobil Corp to cut prices. Photo: PTI

Government to launch gas trading hub

Indian gas benchmark will spark a surge in consumption of the cleaner-burning fuel.

16 April 2018 2:28 PM IST

Inflation based on the Wholesale Price Index was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.

WPI inflation eases to 2.47 pc in March as food articles turn cheaper

On the basis of Wholesale Price Index (WPI), inflation was 2.48 per cent in February and 5.11 per cent in March last...

16 April 2018 12:37 PM IST

After eight years since its launch, internet telephony may finally arrive in India with legal clarity next month.

Unrestricted internet telephony likely soon

After eight years since its launch, internet telephony may finally arrive in India with legal clarity next month.

16 April 2018 12:18 PM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Gold futures rise 0.36 per cent on global cues

Gold is trading at Rs 31,230 per 10 gram in futures trade as participants created fresh positions.

16 April 2018 11:25 AM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

Salary hike likely to be better this year

Indian economy and the job market seem to have now picked pace and 2018-19 seems a lot more positive.

16 April 2018 8:47 AM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

Ending twin balancesheets will take time: Assocham

Assocham secretary general D.S. Rawat urged the RBI to relax the norms proposed.

16 April 2018 12:43 AM IST

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

NPAs to rise by Rs 8,000 crore

Gitanjali, among others, is the major account which has turned bad in the Q4 of FY18.

16 April 2018 12:43 AM IST

Prime Minister Narendra Modi arrived in Bihar on Tuesday morning to partake in the centenary celebrations of Mahatma Gandhis Champaran Satyagraha and to address the Satyagrah se Swachhagrah event. (Photo: Twitter | ANI)

CAIT writes to PM, seeks national retail trade policy

CAIT on Sunday said it has written to Prime Minister Narendra Modi seeking a national policy for retail trade.

15 April 2018 6:49 PM IST

Penalty amount that can be imposed by ICAI on individual auditors should be increased to a maximum of Rs 1 crore.

Nirav Modi scam: ICAI sends notices to statutory auditors of PNB...

ICAI has sent notices to all statutory auditors of Punjab National Bank's Brady House branch.

15 April 2018 4:01 PM IST

Cities hosting IPL matches are witnessing a marked rise in traction this season, mainly on the back of reduced air fares, summer vacations and the love for cricket, according to industry experts.

IPL host cities witness rise in traction for hotels, flights: Experts

Cities hosting IPL matches are witnessing a marked rise in traction this season, mainly on the back of reduced air...

15 April 2018 3:42 PM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Jewellers expect 15-20 pc growth in sales this Akshaya Tritiya

Things are looking positive this year and the prices are also stable, ruling at around Rs 30,820 per 10 grams.

15 April 2018 3:30 PM IST