Business
IndiGo Switches 125 Airbus A320neo Orders to Longer Range A321s: Source
IndiGo now has 150 of Airbus SE's A321neo jets on order, the source said. The orders showed in the official October review on Airbus' website.
Sensex Down Over 100 Points on Weak Global Cues
The BSE Sensex was trading 114.08 points, or 0.32 per cent, lower at 35,123.60. It had dropped 226.45 points in opening trade.
Sensex Rallies 246 Points as Samvat 2075 Opens on Strong Footing
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck.
RBI Refuses to State How Much Destruction of Banned Notes Cost: RTI
In its reply dated October 29 to the query by Chandrashekhar Gaud, an RTI activist from Neemuch in Madhya Pradesh, the RBI said invalidated notes worth Rs 10,720 crore did not return to the banking system.
India to be Among 3 Largest Economies in Coming Years: Arun Jaitley
Speaking at the 'Support and Outreach Initiative for the MSME sector' event in New Delhi, the minister said since the Narendra Modi-led government took over about four years ago, India has moved from the ninth to sixth position in the global economic land...
Rupee Rises 11 Paise to 73.84 Against US Dollar
At the interbank foreign exchange, after opening higher at 73.88 rupee strengthened further to quote at 73.84 against the dollar registering a recovery of 11 paise over its previous close.
Subsidised LPG Price Hiked by Rs 2.94 per Cylinder, to Cost Rs 505.34
The subsidy transfer in customers' bank account has been increased to Rs 433.66 per cylinder in November 2018 as against Rs 376.60 per cylinder in October 2018.
India Certainly Not a 'Tariff King', Says World Bank Official on Trump's Remarks
Earlier this month, Trump described India as a "tariff king" as he reiterated his allegations that New Delhi has a high tariff rate on various American goods.
India Jumps 23 Places to 77th in World Bank's Ease of Doing Business Ranking
In the last two years the country has climbed 53 notches, and has become the top ranked country in South Asia for the first time and third among the BRICS nations.
PMO Says List of High-Profile Loan Defaulters Flagged by Raghuram Rajan Does Not Come Under RTI
The applicant had sought to know the list of bad loans submitted by Rajan, the high-profile cases flagged, action taken on them by the PMO and the name of the public authority to which the matter was referred to among others.
NIIF to Acquire Controlling Stake in IDFC Infra Finance Arm for Undisclosed Amount
Earlier in the day, IDFC Ltd in a stock exchange filing said that IDFC Infrastructure Finance Limited will sell controlling interest in its arm to National Investment and Infrastructure Fund II.
Rupee Falls 16 Paise to 73.61 Against US Dollar in Early Trade
Traders said the US dollar's strength against some currencies overseas and a lower opening in the domestic equity markets also weighed on the local unit.
Recoveries, Interest Income Help Union Bank Post Rs 139 Crore Net
The return to profitability is despite the fact that the bank saw is dud assets piling up again, with gross NPAs jumping to 15.74 per cent from 12.35 per cent a year ago, and net NPA ratio rose to 8.42 per cent from to 6.70 per cent.
India, Japan Sign $75 Billion Currency Swap Agreement to Help Stabilise Foreign Exchange
The agreement will further strengthen and widen the depth and diversity of economic cooperation between the two countries.
Indian Banks on Top of Situation Over NPA Problem: SBI Chairman Rajnish Kumar
Elaborating further on the issue of NPAs, Rajnish Kumar said last year the system was struggling with higher and elevated NPAs and largely it was the steel and power sectors that got impacted the most.
'Better Cooperation Between Commerce and Agricultural Ministries to Help Boost Exports'
The increasing cooperation would also help boost agri-exports to $60 billion by 2022 from the current $38 billion, it said. The Commerce Ministry is expected to soon come out with an agriculture export policy.