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In 2017, the growth was mainly aided by the increase in the adoption of FASTags among vehicle owners.

FASTags pose serious data privacy and security threat

It can also be a serious security threat for women owners.

30 Nov 2019 1:38 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

Online festive sales grow slower than last year

The festive season sales registered a lower growth this compared to last year.

29 Nov 2019 2:50 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Govt notifies WTO about intend to make gold hallmarking must

The decision will come into force with effect from the date of its publication in the official gazette.

29 Nov 2019 2:39 AM IST

The agency also said that these firms have limited ability to incur fresh debt at their current rating levels.

Sical to sell or hive off businesses to pare debt

Such sale shall be for a price based on valuation and made either through strategic sale or slump sale.

27 Nov 2019 2:31 AM IST

Beyond 7th year, sum insured shall be arrived at a mutually agreed value between the insured and the insurer.

Motor cover to include on-road price, fittings

The Insurance Regulatory and Development Authority of India has also suggested a few checks that are beneficial for the...

27 Nov 2019 2:25 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Citigroup cuts gold's three-month target

Gold has fallen from its annual high of $1,580 an ounce to the $1,460 levels now.

27 Nov 2019 2:23 AM IST

The ETC will become functional at 370 toll plazas across the country by October 31.

Congested NH tolls set to continue

According to the June quarter data of Worldline India, 52.2 lakh tags have been issued at the end of the quarter.

26 Nov 2019 1:21 AM IST

The Ministry of Housing and Urban Affairs has approved 77 projects amounting to Rs 418.06 crore for all the 12 cities. (Photo: Twitter@MoHUA_India)

Hriday scheme on slow beat, just Ajmer gets full allocation

The industry is of the view that the government should ensure faster implementation of its schemes and projects.

23 Nov 2019 1:46 AM IST

The domestic value addition of appliances and consumer electronic (ACE) products like air-conditioners, audio, refrigerators, TVs, and washing machines is likely to grow to 54 per cent by FY25, finds an industry body.

Domestic value additions to go up to 54 per cent

The Consumer Electronics and Appliances Manufacturers Association (Ceama) finds that domestic value addition stood at 34...

23 Nov 2019 1:24 AM IST

Compared to e-commerce which has a user base of 90 million, social commerce has greater access to the larger vernacular audience of over 200 million, who are active on WhatsApp, Facebook or other social media sites.

Nearly a fourth of white goods sales seen going online by 2023

Festive season sales have heavily contributed to the growth in the market share from 3 per cent to 11 per cent between...

23 Nov 2019 1:20 AM IST

As many as 110 deals were inked in last quarter against 118 deals in the year ago quarter, as per the update from Grant Thornton.

Weak domestic sentiments pull down M&A deal value

October deal activity down by 45% in value terms and 40 per cent in volume terms.

22 Nov 2019 2:30 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Micro-lenders face a crisis in Assam

Many micro-finance borrowers in fivesix districts of Assam have stopped repayment of their loans.

22 Nov 2019 2:08 AM IST