Pratt and Whitney appoints Ashmita Sethi as MD
Engine-maker Pratt and Whitney (PW) appointed Ashmita Sethi as the managing director of its India division. The 320neo family planes, powered by PW ...
FinMin sets Rs 1.1 lakh cr monthly GST collection target
Amid talks of the government likely to miss tax collection target, the Finance Ministry has set a Rs 1.1 lakh crore monthly GST mop-up target for the...
KMB best suited to acquire Yes Bank: Top bankers
Two of India's top bankers opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank. Yes Bank's cap...
Cyrus Mistry restored as Tata Sons chairman
In a big win for Cyrus Mistry, the National Company Law Appellate Tribunal ordered restoration of him as the Executive Chairman of Tata Sons. NCLAT a...
Govt imposes restrictions on import of gold
Amid rising inward shipments of gold, the government imposed restrictions on import of precious metals. According to a notification issued by the Dir...
GST Council fixes 28% uniform tax rate for lottery
The GST Council on Wednesday resorted to voting for the first time to decide on an issue as it fixed a uniform tax rate of 28 per cent on both state ...
More measures to boost economy as and when required: Minister
Finance Minister Nirmala Sitharaman promised more stimulus measures for sectors of the economy in distress as she counted on steps taken till now to ...
Forex reserves touch all-time high of $453 bn
The country's foreign exchange reserves surged by USD 2.342 billion to touch a life-time high of USD 453.422 billion in the week to December 6, accor...
SpiceJet grounds 3 B737 freighter planes
No-frills carrier SpiceJet said it has grounded three Boeing 737 freighter aircraft due to a 'potential defect'. The move follows an advice from Isra...
Sensex zooms 428 pts; Nifty ends near 12,100
Market benchmark Sensex soared 428 points on Friday, tracking strong gains in global equities led by optimism over U.S-China trade deal and Boris Joh...
U.S, China near deal that would suspend planned tariffs
The Trump administration and China are close to finalising a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-esc...
RBI has not put banks on alert: Shaktikanta Das
The Reserve Bank of India said it has not put banks on alert, as reported by a section of media, but asked lenders to remain prepared to face emergin...
Gold prices rise Rs 71, silver jumps Rs 359
Gold on Thursday rose Rs 71 to Rs 38,564 per 10 gram in the national capital reflecting overnight gains in international prices amid strengthening ru...
'Bharat Bond ETF' opens for subscription
India's first corporate bond exchange-traded fund (ETF) -- the Bharat Bond ETF, which is also the country’s largest new fund offer (NFO) ever, ...
Govt to sell 100% stake in Air India
The government has decided to sell its entire 100 per cent stake in Air India under the proposed disinvestment process, Union minister Hardeep Singh ...
Markets back to winning ways as bank, IT stocks shine
Equity benchmarks resumed their upward march on Wednesday, propelled by fag-end buying in bank, IT and auto stocks amid lacklustre global cues. Overc...
ADB trims India's GDP growth forecast to 5.1% in FY20
The Asian Development Bank (ADB) trimmed its forecast for India's economic growth in 2019-20 to 5.1 per cent saying consumption was affected by slow ...
Govt carrying out reforms to boost economy: Minister
The government has carried out a number of reforms in various sectors and it is a continuous process for improvement in the economy, Commerce Ministe...
Gold slips by Rs 95 on stronger rupee, weak demand
Gold prices fell Rs 95 to Rs 38,460 per 10 gram in the national capital on Tuesday due to weak demand and a stronger rupee, according to HDFC Securit...
NBFCs to look for growth opportunities in offshore markets: Fitch
India's non-banking financial companies will look increasingly to offshore financing as local funding conditions may remain under pressure, Fitch Rat...
