Business
Fiscal Deficit Target May be Relaxed to Arrest Declining Growth: Economic Survey
The year 2019-20 has been challenging for the Indian economy owing to the decelerating growth rate experienced in the first half of the year, said the survey prepared by a team led by Chief Economic Adviser K V Subramanian.
Indian Railways Maintains Status of World's Largest Passenger Carrier, Shows Economic Survey
The Railways also transported 120 crore tonnes of freight in 2018-19, making it the world's fourth-largest freight carrier.
Economic Survey Focus on Consolidation in Agriculture is Devoid of a Roadmap
The Survey has not lost sight of the government’s goal of doubling farmers’ income by 2022 and for this it seeks more investment, creation of irrigation facilities, among others. All this is knowledge but the “how” and “by when” is missing.
Budget 2020: Govt Likely to Trim PM-KISAN Allocation by 20% to Rs 60,000 Crore
The Centre had allocated Rs 75,000 crore in the Budget Estimate (BE) for 2019-20 to implement the PM-KISAN scheme, under which Rs 6,000 is being provided to farmers per year in three equal instalments.
Rupee Rises 10 Paise to 71.21 against US Dollar in Early Trade
Forex traders said rupee is trading in a narrow range amid fast-spreading coronavirus outbreak in China stoking fears about more trouble for the global economy.
Five Banks Willing to Invest Rs 2.5 Lakh Cr in Highway Projects: Nitin Gadkari
The road transport minister also said the government is contemplating to create a Motor Vehicle Accident Fund for hit and run cases.
RSS-affiliate BMS Opposes Air India Sale, Asks Modi Govt to Revisit Decision
The RSS-affiliate Bharatiya Mazdoor Sangh also said that it is unfortunate that the PSUs are being sold in the name of resource mobilisation to fund social spending.
Three Expressways/Green Corridors to be Completed in 3 Yrs; 22 to be built at Rs 3L cr: Gadkari
These 22 projects comprising 7,500 km of greenfield expressways and corridors are planned to be completed by FY25 at a cost of Rs 3.10 lakh crore.
Kuwait Firm to Set Up Rs 49,000 Crore Oil Refinery in Tamil Nadu: CM K Palaniswami
The setting up of the refinery would see the southern districts in the state develop like Jamnagar in Gujarat and Jurong Island in Singapore, Tamil Nadu Chief Minister K Palaniswami.
Union Budget 2020: Date, Time and What to Expect
It is widely expected that basic income tax exemption may go up from the current Rs 2.5 lakh per annum in order to help put more disposable income in the taxpayer’s hands.
SC Nod for Centre’s New Formula to Take Over Unitech Management, Ex-IAS Officer YS Malik to be CMD
The Centre in 2017 had moved the National Company Law Tribunal (NCLT) seeking suspension of the existing board and restraining the alienation of company's assets.
HDFC Bank Q3 Net Profit Rises 33% to Rs 7,417 Crore
Total income rose to Rs 36,039 crore during the December quarter against Rs 30,811.27 crore in the year-ago period, HDFC Bank said in a statement.
News Broadcasters Meet FM Sitharaman, Seek Parity in GST with Print Media
The Finance Minister accepted a copy of the recommendation of NBF and assured the members that she would look into the matter.
SC Constitutes Four-member Committee for Speedy Auction of Amrapali Properties
The top court also asked National Buildings Construction Corporation (NBCC) to expeditiously start work on seven stalled projects of Amrapali Group.
Steel Ministry Looks at $70 Billion Investments in Eastern Region
According to the National Steel Policy announced in 2017, the government is aiming at a total production capacity of 300 million tonne by 2030 and out of which, around 200 million tonne is envisaged from the five eastern states, Union Minister Dharmendra...
Infosys, Delta Corp, Yes Bank and HDFC Among Key Stocks in Focus Today
Yes Bank shares gained 2.2% ahead of the lender’s board meeting today to consider and approve raising of funds by issuance of equity shares or depository receipts or convertible bonds or debentures or warrants, through permissible modes.