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Global growth to hit 11-year low: OECD |
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Paris | Friday, 2019 1:45:05 PM IST |
| The Organisation for Economic Cooperation and Development (OECD) has predicted further slowdown in the global economy this year and in 2020, citing escalating trade tension and high policy uncertainty. ... read.. |
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Effective corporate tax rate after surcharge to be 25.17 pc: Sitharaman |
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Panaji (Goa) | September 20, 2019 11:41:36 AM IST |
| To promote growth and investments in the country, Union Finance Minister Nirmala Sitharaman on Friday announced to slash the corporate tax rates for domestic companies and stated that a new provision has been inserted in the Income Tax Act with effect fro ... read.. |
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Rising onion prices bring tears to eyes |
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New Delhi | Friday, 2019 10:45:05 AM IST |
| Rising onion prices are once again bringing tears to the eyes of the people. In the last one week, the price of this vegetable has increased by 40-50 per cent. ... read.. |
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Equity indices flat ahead of GST Council meet, media stocks dive |
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Mumbai (Maharashtra) | September 20, 2019 10:41:28 AM IST |
| Equity benchmark indices were largely flat during early hours on Friday as investors awaited the outcome of Goods and Services Tax (GST) Council's crucial meeting on whether or not to cut rates for automobile and tourism sectors. ... read.. |
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Two bank unions to go on strike on Oct 22 |
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Chennai | Friday, 2019 4:15:05 AM IST |
| Two major unions in the banking sector on Thursday announced that they would go on a one-day strike on October 22 protesting against the merger of government-owned banks. ... read.. |
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$1 bn mobile phones exported in April-July: ICEA |
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New Delhi | Friday, 2019 3:45:05 AM IST |
| India exported mobile phones worth over $1 billion in April-July of FY20, said Pankaj Mohindroo, Chairman of the India Cellular And Electronics Association (ICEA), here on Thursday. ... read.. |
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Need to simplify tax system, lower corporate tax: CBDT Member |
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New Delhi | Friday, 2019 3:15:05 AM IST |
| Giving a brief idea for the first time about the new Direct Tax Code (DTC), the Central Board of Direct Taxes (CBDT) member and also Convenor of the Task Force Akhilesh Ranjan on Thursday said the draft law focuses on improving litigation system and easin ... read.. |
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Volatile oil prices potential risk to CAD: RBI Governor |
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Mumbai | Friday, 2019 2:45:05 AM IST |
| Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said global slowdown, trade and geopolitical tensions currently pose major downside risks for the Indian economy, while volatile crude prices also have the potential to increase the country' ... read.. |
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No stressed MSME to be declared NPA till March 2020: FM |
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New Delhi | Friday, 2019 2:15:05 AM IST |
| In a major relief for micro, small and medium enterprises (MSME), Finance Minister Nirmala Sitharaman on Thursday announced that stressed MSMEs would not be declared non-performing assets (NPA) till March 31, 2020. ... read.. |
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Gujarat HC clears land acquisition for bullet train (Lead) |
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Ahmedabad | Friday, 2019 1:45:05 AM IST |
| The Gujarat High Court on Thursday gave clearance to Prime Minister Narendra Modi's ambitious bullet train project as it rejected over 59 out of 61 petitions filed by farmers against the land acquisition process and "inadequate" compensation. ... read.. |
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Need indigenous cutting-edge tech to save forex: Rajnath |
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New Delhi | Friday, 2019 1:15:05 AM IST |
| It is necessary for India to develop indigenous cutting-edge technologies to save precious foreign exchange, Defence Minister Rajnath Singh said while addressing a Special Session of the Annual Engineers' Conclave in Bengaluru on Thursday. ... read.. |
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Karnataka bats for investments beyond choked Bengaluru |
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Bengaluru | Friday, 2019 1:15:05 AM IST |
| As India's tech hub is bursting at seams and reeling under infrastructure woes, Karnataka Chief Minister B.S. Yediyurappa on Thursday told the IT and biotech sectors to look beyond choked Bengaluru and invest in tier-2 and tier-3 cities across the souther ... read.. |
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Sensex slumps 470 points, Yes Bank down 15% |
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New Delhi | Thursday, 2019 10:15:07 PM IST |
| The key Indian equity indices slumped over 1 per cent on Thursday with the BSE Sensex closing 470 points lower, owing to heavy selling in oil, metal and IT stocks amidst mixed global cues. ... read.. |
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Taj under full moon to attract many more visitors |
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Agra | Thursday, 2019 9:45:05 PM IST |
| Come the next full moon in October, many more Taj Mahal lovers will be able to view the iconic 17th century monument to eternal love from a spot across the Yamuna river that has been newly developed by the authorities. ... read.. |
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No rise in Ambani's stake, subsidiaries' shares merged with RSHL: RIL |
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New Delhi | Thursday, 2019 9:45:05 PM IST |
| Denying reports of rise in Mukesh Ambani's stake in Reliance Industries (RIL), a company spokesperson has said that under the ongoing restructuring of RIL's subsidiaries, five subsidiaries holding 17.19 crore shares have merged with Reliance Services and ... read.. |
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China to tap pork reserves over swine fever |
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Beijing | Thursday, 2019 9:15:05 PM IST |
| China will on Thursday release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. ... read.. |
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Pot-holed Agra roads put off tourists |
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Agra | Thursday, 2019 8:15:05 PM IST |
| Though a new tourist season is about to begin next week, the city administration is yet to wake up to repair and clean up the roads in the city which have not only become a safety hazard but also assault the aesthetics of the Taj city. ... read.. |
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Google in pact with UK publisher Archant to boost local news |
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London | Thursday, 2019 8:15:05 PM IST |
| In a bid to build a sustainable digital model for local news, Google has entered into a three-year partnership with UK publisher Archant for Project Neon which will target up to three communities, identified as being currently underserved by local news. ... read.. |
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IDBI Bank okays preferential issues to LIC, Govt |
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Mumbai | Thursday, 2019 7:15:05 PM IST |
| IDBI Bank on Thursday approved the proposal for preferential issue to the government and LIC aggregating after their infusion of Rs 4,557 crore and Rs 4,743 crore, respectively, a total capital infusion of a little over Rs 9,000 crore. ... read.. |
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HLL Life to go on the block soon as disinvestment gathers pace |
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New Delhi | Thursday, 2019 5:45:05 PM IST |
| Speeding up the sale process of public sector HLL Life Care, the producer of 'MOODS brand of condoms and 'HAPPY DAYS' sanitary pads, the Prime Minister's Office (PMO) has directed the health ministry to prepare the contours of transaction. ... read.. |
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Domestic air traffic in August grows 3.24 pc year-on-year |
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New Delhi | September 19, 2019 3:41:31 PM IST |
| Domestic airlines carried 943.58 lakh passengers during January to August as against 913.95 lakh during the corresponding period of previous year, marking an annual growth of 3.24 per cent and monthly growth of 3.87 per cent. ... read.. |
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Ambuja Cement among top four in global DJSI ranking |
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Mumbai (Maharashtra) | September 19, 2019 1:11:36 PM IST |
| Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, has moved one spot up to the fourth rank globally in the construction material category adjudged by Dow Jones Sustainability Index (DJSI) 2019. ... read.. |
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Sensex drops by 229 points, Yes Bank slips 5 pc |
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Mumbai (Maharashtra) | September 19, 2019 10:41:32 AM IST |
| Equity benchmark indices were in the red during early hours on Thursday on the back of mixed global cues and selling pressure across various segments. ... read.. |
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5 easy ways to incorporate California walnuts in your daily diet |
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| September 19, 2019 8:11:28 AM IST |
| New Delhi [India] Sept 19 (ANI/NewsVoir): Consuming a wholesome meal rich in essential nutrients is critical to staying energied throughout the day. While eating healthy may not sound exciting to many, incorporating ingredients as walnuts can help in upli ... read.. |
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US Fed cuts interest rates for second time this year |
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Washington | Thursday, 2019 6:45:05 AM IST |
| The US Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more than a decade. ... read.. |
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Global telcos launch OTIC initiative for 5G infra |
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Mumbai | Thursday, 2019 6:15:05 AM IST |
| Global telecom operators, including the Indian major Reliance Jio here on Wedneday launched the 'Open Test and Integration Centre' (OTIC) initiative to accelerate multi-vendor, open and disaggregated next-generation 5G wireless infrastructure. ... read.. |
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Mukesh Ambani bolsters hold over RIL with stake hike, shares up |
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New Delhi | Thursday, 2019 6:15:05 AM IST |
| With Saudi oil major Aramco buying stake in Reliance Industries oil-to-chemical business and uncertainty over likely changes in the equity structure of the company, Mukesh Ambani has increased his stake in RIL in a symbolic manner. ... read.. |
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Gurugram Rapid Metro to continue ops till Sep 20 |
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Chandigarh | Thursday, 2019 2:45:05 AM IST |
| With the inking of a pact between Haryana Shahari Vikas Pradhikaran (HSVP) and Delhi Metro Rail Corporation to take over the Rapid Metro Rail in Gurugram, previous owning company Rapid Metro Rail Gurgaon South Ltd on Wednesday said it was willing to conti ... read.. |
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DCC to meet to decide telecom spectrum auction base prices |
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New Delhi | Thursday, 2019 2:15:05 AM IST |
| The Digital Communications Commission will meet on Thursday and is likely to finalise the prices for the upcoming spectrum auction, according to official sources here, who also said that in this regard the DCC is expected to adhere to the auction base pri ... read.. |
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FM to review PSU banks' merger preparedness (Lead) |
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New Delhi | Thursday, 2019 2:15:05 AM IST |
| Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process within the stated timeline of April 1, 2020. ... read.. |
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Stocks that defied the benchmark to hit 52-week high |
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Mumbai | Thursday, 2019 1:45:05 AM IST |
| Indian equity markets, for the past three months, fell sharply after the Union Budget on July 5 failed to inspire confidence among domestic and foreign investors, worried over softening growth. ... read.. |
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FM to review PSU banks' merger preparedness |
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New Delhi | Thursday, 2019 1:15:05 AM IST |
| Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process within the stated timeline of April 1, 2020. ... read.. |
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RJio tops subscription race in July; Airtel, VIL lose |
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New Delhi | Thursday, 2019 1:15:05 AM IST |
| Reliance Jio continued its onward march in July adding the highest number of subscribers during the month, while the other major market players, Airtel and Vodafone Idea eroded their subscriber base. ... read.. |
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CITU continues strike against Muthoot Finance |
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Thiruvananthapuram | Wednesday, 2019 11:45:05 PM IST |
| The third round of conciliatory talks to end the over month-long strike called by a small section of employees of Muthoot Finance, a leading non-banking financial company, failed to break the deadlock on Wednesday as the rival parties stood their ground. ... read.. |
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Congress alleges govt misusing LIC funds |
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New Delhi | Wednesday, 2019 11:45:05 PM IST |
| The Congress party continued its tirade against the government on economic issues. In a fresh attack on the government, the party has alleged that current the government is misusing LIC funds. ... read.. |
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Top Goa hoteliers urge GST cut on room tariff |
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Panaji | Wednesday, 2019 10:45:05 PM IST |
| Top hoteliers and tourism industry stakeholders met Union Minister of State for Tourism and Culture Prahlad Singh Patel here on Wednesday and sought reduction in the Goods and Services Tax (GST) on room tariff to help the state compete with international ... read.. |
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After Russia, US hints at oil for India on concessional terms |
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New Delhi | Wednesday, 2019 10:45:05 PM IST |
| The US may offer oil and gas to India on concessional terms from its own reserves to help the latter tide over any shortages arising from the drone attacks on Saudi Arabian Oil Company, or Aramco, that have caused the biggest-ever disruption in global cru ... read.. |
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Air Asia to introduce flights from Tripura |
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Agartala | Wednesday, 2019 10:15:05 PM IST |
| After introducing flights from Guwahati (Assam) and Imphal (Manipur), low-cost carrier Air Asia will start operations from another northeastern state - Agartala (Tripura) - from next month, an AAI official said on Wednesday. ... read.. |
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Risk weight cut on consumer loan is credit negative: Moody's |
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Mumbai | Wednesday, 2019 8:45:05 PM IST |
| The Reserve Bank's (RBI) decision to reduce risk weighting on consumer loans is credit negative as it will encourage banks to increase their exposure to this loan segment at a time when credit risks are already increasing, said a report by Moody's Investo ... read.. |
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Key GoM meet on Air India to take up 10 major disinvestment issues |
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New Delhi | Wednesday, 2019 6:15:05 PM IST |
| A Home Minister Amit Shah-led ministerial panel will discuss as many as 10 major issues, including further dilution of FDI rules, transfer of debt to the SPV and fixing reserve price as it holds its first meeting to decide almost complete exit of the gove ... read.. |
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Markets open in green |
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Mumbai | Wednesday, 2019 3:45:06 PM IST |
| The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. ... read.. |
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