Business
Gadkari Urges Private Players to Invest in Expressway, Waterway Projects
The government had brought down the cost of land acquisition drastically to Rs 80 lakh per km from Rs 7.5 crore per km earlier for the development of expressways, Gadkari said adding that private players should take advantage of the reduced land acquisiti...
Bank Employees' Association Says Merger of Banks Unwarranted, Calls for Strike on Dec 26
Urging the Centre to take tough measures to recover bad loans, the association said the government was instead trying to divert the attention and focus on resorting to bank mergers.
Under Fire for Urjit Patel's Exit, Jaitley Admits to Differences Between Centre, RBI 'in 2-3 Areas'
The finance minister, however, questioned how a mere discussion on its functioning could be considered 'destruction' of an institution.
Consumer Inflation Eases to One-and-a-half Year Low of 2.3%
The consumer price index (CPI) based retail inflation in October was revised upwards to 3.38 per cent from 3.31 earlier, the Central Statistics Office said
Eminent Economist Surjit Bhalla Resigns from Economic Advisory Council to the Prime Minister
Surjit Bhalla took to Twitter to share the news about his resignation. He wrote: I resigned as part-time member of PMEAC on December 1.
Oil Minister Dharmendra Pradhan Hopes OPEC Will Remember Consumers When Cutting Output
OPEC tentatively agreed to an oil output cut but was waiting for a commitment from non-OPEC producer Russia.
Mumbai Most Attractive Indian City for Realty Bets: Report
Mumbai stood at the 13th rank, while Bengaluru and New Delhi grabbed the 16th and the 17th spots, respectively, in the list of 22 Asian markets having investment potential, a report by the Urban Land Institute (ULI) and PwC titled 'Emerging Trends in Real...
Sensex Soars Over 350 Points on Global Cues, F&O Expiry
The 30-share index, which had gained 203.81 points in the previous sessions, spurted 364.32 points, or 1.02 per cent, to trade at 36,081.27. The NSE Nifty was also trading 80.30 points, or 0.74 per cent, higher at 10,809.15.
Yes Bank Shares Dive Nearly 12%, M-cap Plunges Rs 4,909 cr on Ratings Downgrade
The stock fell sharply by 11.71 per cent to end at Rs 161.70 on the BSE. During the day, it dived 12.55 per cent to Rs 160.15, its 52-week low.
Niti Aayog CEO Amitabh Kant Pitches for Ban on Usage of Fossil Fuel-based Gensets
He also made case for phasing out more than 25-year-old coal based thermal power plants, creating of open access power market, commercial coal mining and promoting renewables.
FPIs' Bullish Stance Continues; Inflow at Rs 6,310 Crore in November So Far
Of these, most of the funds were infused in the debt market by foreign portfolio investors (FPIs), the latest data with depositories showed. The recent inflows come after a net outflow of more than Rs 38,900 crore in October, which was the steepest withdr...
BSE to Part Ways with S&P Dow Jones; Plans to Develop its Own Indices
The two entities had announced a joint venture -- Asia Index -- in 2013 to provide an array of indices enabling global and domestic investors to participate in South Asia's vibrant economies.
Seven of Top 10 Firms Add Rs 70,867 Crore in M-cap; RIL Tops Chart
The gainers' list also included HDFC Bank, HUL, ICICI Bank, State Bank of India (SBI), HDFC and Kotak Mahindra Bank. On the other hand, TCS, ITC, and Infosys registered losses in their market capitalisation (m-cap) for the week ended Friday.
Bhushan Steel Boosts Tata Steel Group Net by Over Threefold to Rs 3,116 Crore
The company had reported a consolidated net profit of Rs 1,017.7 crore in the year-ago period.
After IL&FS Default, SEBI May Come Out With Stricter Norms for Liquid Mutual Funds
Besides, SEBI is looking to make it mandatory for liquid funds to mark to market the value of all bonds that have maturity of 30 days or more.
Saudi Arabia in Talks to Cut Oil Output After US Waivers Hit Prices
The sources said any such deal would depend on factors including the level of Iranian exports after the United States imposed sanctions on Tehran but granted Iran's top oil buyers waivers to continue buying oil.