Business
Wholesale Price Index Based Inflation Rises to 2.93 Per cent in February
Inflation of primary articles, which includes kitchen essentials like potato, onion, fruits, and milk increased to 4.84 per cent during the month, as against 3.54 in January, the data revealed.
Bharti Airtel to Transfer More Than Half of Infratel Stake to Unit
Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 per cent stake in Bharti Infratel by March 18.
EPF Transfer on Job Change to Become Automated From Next Fiscal
This new measure will enable the employee to get the credits of his EPF contribution during his previous tenure with old employer into his or her UAN automatically.
RBI Slaps Penalties on 36 Major Banks for Non-compliance in SWIFT Operations
The penalties, ranging from Rs 1 crore to Rs 4 crore, were imposed by orders dated January 31 and February 25, the RBI said in a statement.
Sensex Extends Gains on Positive Domestic Cues
The broader NSE Nifty opened at 11,077.95 and rose further to 11,089.05 in intra-day trade. The gauge touched the day's lowest level at 11,027.10. It closed at 11,058.20, showing a rise of 5.20 points, 0.05 per cent.
Cabinet Approves Renewable Status for Large Hydro Power Projects
India is aiming 175 GW of renewable energy by 2022. With addition of large hydro to clean energy segment, India is poised to have 225 GW of renewable energy by 2022.
Gold Falls Rs 360 on Subdued Demand, Weak Trend Overseas
In the national capital, gold of 99.9 per cent and 99.5 per cent purities dropped Rs 360 each to Rs 33,070 and Rs 32,900 per 10 grams, respectively.
Sensex Spurts 193 Points; Nifty Closes Above 11,000-mark
The NSE Nifty opened at 11,024.85 and hit a high of 11,062.30 and low of 10,998.85 during the day. The index swung around 65 points during the trading session. It closed at 11,053, showing a rise of 65.55 points, or 0.60 per cent.
IL&FS Board Charges Former Directors of Money Laundering, Criminal Intent
IL&FS Group, which operates at least 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, is sitting on debt of Rs 94,000 crore and landed in a major controversy last year following multiple defaults.
Decks Cleared for 306 Infrastructure Projects in J&K
The committee has in its seven meetings till date approved 2,512 projects with a cumulative investment of Rs 6,565.13 crore for funding through Jammu and Kashmir infrastructure Development Corporation.
Citizens Must Fulfil Constitutional Duties, Responsibilities: Debroy
Debroy said that governance involves people and it is more about decision making process. He pointed out towards Swachh Bharat Mission saying it is successful due to public participation.
Notes, Coins to Have Separate Space in Currency Chests Now
The currency chests that do not have sufficient storage space inside the vault to segregate storage of coins, may continue to store the coins under CCTV coverage, in a manner so that notes and coin spaces are clearly identifiable.
Air India Caps Fares to J&K at Rs 5,000; Others Waive Off Cancellation Fees
Also, for the armed and para-military forces, Air India has waived off fees for journey date changes up to the first week of March.
Market Extends Losses as India-Pakistan Tension Escalates
Investor sentiment took a beating after Pakistani fighter jets on Wednesday violated Indian air space in Jammu & Kashmir's Poonch and Nowshera sectors, brokers said.
Accounts of IL&FS, Group Companies Cannot be Declared as NPA Without NCLAT Nod
The tribunal's direction came during the hearing over the government's plan for the resolution of IL&FS group companies.
Delhi's Per Capita Income Three Times the National Average: Economic Survey
The per capita income of Delhi at current prices during 2018-19 is estimated at Rs 3,65,529 as compared to per capita income of Rs 1,25,397 at national level.