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The cement industry is likely to register a flat growth of around 5 per cent in the current financial year.

Cement industry may post flat 5 per cent growth in FY19: report

The profitability margins and debt metrics of the cement companies may also come under pressure.

9 April 2018 5:41 PM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

India can benefit from global trade challenges: Suresh Prabhu

The minister was speaking at the CII annual general meeting here.

9 April 2018 4:18 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Finmin may write to Sebi for relaxing minimum public float norms for...

There are over a dozen public sector units (PSUs) which are yet to meet the minimum public holding norm.

9 April 2018 3:34 PM IST

India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.

Companies to see dip in revenue growth, low margins in Q4: report

India Inc's revenue growth will slow down to 9 per cent in the January to March period on base effects.

9 April 2018 2:49 PM IST

The govt has given nod to recover Rs 22,000 crore arrears from agriculture pump owners.

Cabinet note on new MSP policy soon

Agriculture ministry has finalised details of implementing the ambitious MSP schemes as announced in the budget.

9 April 2018 1:25 PM IST

The strike, which has seen 18,000-odd taxis off the roads, left hundreds of passengers and tourists stranded at railway stations, the airport and hotels. (Representational image)

Goa govt to launch its app-based taxi service

Currently, the tourist taxi operators run their businesses individually in Goa.

9 April 2018 10:45 AM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

Blackmoney SIT reviews cryptocurrencies; directs clampdown

Government is the final authority to frame rules and law to regulate these virtual currencies.

9 April 2018 8:43 AM IST

USD 1,685.42 per metric tonne has been imposed on import of Phosphorus Pentoxide from China.

Govt slaps anti-dumping duty on import of phosphorus pentoxide from...

It is used as a powerful desiccant and dehydrating agent and is a useful building block and reagent in the chemical...

8 April 2018 5:48 PM IST

Two-wheeler loans witnessed an impressive 32 per cent growth in 2017 led by non-bank lenders, and Gujarat had the highest incidence of non-payments by borrowers.

Two-wheeler loans grow 32 pc in 2017; Gujarat has highest NPAs

Two-wheeler loans witnessed an impressive 32 per cent growth in 2017 led by non-bank lenders.

8 April 2018 5:20 PM IST

Prime Minister Narendra Modi will address the CPSE Conclave at Vigyan Bhawan on Monday, according to an official statement.

Narendra Modi to address CPSE Conclave on Monday

The deliberations in the Conclave will lead to formulation of an actionable roadmap to achieve the target of a New India...

8 April 2018 4:34 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB hires lawyers in bankruptcy proceedings of Nirav Modi firm in US

Firestar Diamond approached a bankruptcy court in New York in February.

8 April 2018 4:01 PM IST

Coal shortage is still affecting the efficacy or capacity utilisation (Plant Load Factor) of independent power projects in the country.

Coal shortage at power plants may push up spot prices in summer

Coal shortage is still affecting the efficacy or capacity utilisation of independent power projects in the country.

8 April 2018 2:30 PM IST