BUSINESS

3 hours ago

Stubborn food prices delaying disinflation: RBI Governor at MPC

Mumbai: Stubborn food prices are responsible for slow pace of decline in overall retail inflation, Reserve Bank of India (RBI) Governor Shaktikanta Das said while voting for status in policy rates earlier

BUSINESS

3 hours ago

GST rate rationalisation panel reconstituted, Bihar Dy CM appointed convenor

New Delhi: Bihar Deputy Chief Minister Samrat Chaudhary has been appointed as the convenor of the GoM on GST rate rationalisation. According to an official memorandum posted on the GST Council secretariat

BUSINESS

3 hours ago

Export projection for FY’25 underway, interest equalization scheme extension proposed: DGFT

Kolkata: The Director General of Foreign Trade (DGFT) on Friday said that export projections for the current fiscal are still being finalised while efforts are on to improve the ease of doing

BUSINESS

1 day ago

India Inc urges FM to reduce tax burden, earmark more for capex in upcoming Budget

New Delhi: India Inc on Thursday asked Finance Minister Nirmala Sitharaman to reduce tax burden on common man, continue capital expenditure, and announce steps to contain food inflation in the upcoming Union

BUSINESS

1 day ago

FIU imposes Rs 18.82 crore fine on global crypto exchange Binance

New Delhi: The Financial Intelligence Unit (FIU) has slapped a penalty of Rs 18.82 crore on the world’s largest crypto exchange Binance for alleged contravention of the country’s anti-money laundering law. The

BUSINESS

1 day ago

WB accident: Initial probe blames lapses by goods train crew, Jalpaiguri division’s operating dept

New Delhi: The initial probe into the June 17 Kanchanjunga Express accident has suggested there were lapses by the operating department of the New Jalpaiguri Rail Division and the crew of the

BUSINESS

2 days ago

India ranks 63rd on Energy Transition Index, Sweden on top: WEF

New Delhi: India has been ranked 63rd on a global Energy Transition Index released on Wednesday by the World Economic Forum, which said the country has shown significant improvement across energy equity,

BUSINESS

2 days ago

Kuwait to give USD 15,000 compensation to kin of Mangaf fire victims: Report

Dubai/Kuwait City: The Kuwaiti government will give USD 15,000 each as compensation to the families of the victims of the devastating fire that killed 50 people, including 46 Indians, in the southern

BUSINESS

2 days ago

Retail inflation gradually easing, food prices still a concern: RBI Bulletin

Mumbai: Retail inflation is gradually easing, but volatile and elevated food prices are interrupting the path of disinflation, the RBI Bulletin said on Wednesday. An article on the “State of the Economy”,

BUSINESS

5 days ago

Centre asks Telangana govt to auction at least six mineral blocks by Jun 30

New Delhi: The mines ministry has flagged that the Telangana government failed to auction any mineral blocks in past nine years and asked the state to put at least six mines on

Kerala govt to provide house for kin of Kuwait fire victim under housing scheme

Thrissur (Kerala): The Kerala government on Sunday promised to provide a house to the family of Binoy Thomas, who died in the recent Kuwait fire, under its LIFE Mission housing scheme. A

5 days ago

BUSINESS

Karnataka CM defends hike in petrol and diesel prices

Bengaluru: Karnataka Chief Minister Siddaramaiah on Sunday defended the hike in petrol and diesel prices saying that it will ensure funding essential public services and development projects. With the opposition BJP and

5 days ago

BUSINESS

KEDI trains 22 women under Tejaswini Scheme at Ramban

Jammu: A 10-day Entrepreneurship Development Programme (EDP) under the Tejaswini Scheme concluded at Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), District Centre, Ramban today. The EDP was organized by JKEDI under the

6 days ago

BUSINESS

Kuwait fire: NBTC MD says company will take care of victims’ families

Kochi: K G Abraham, MD of Kuwait-based NBTC Group, whose workers died in the fire accident in one of its accommodations in the Gulf nation, on Saturday said the incident was unfortunate,

6 days ago

BUSINESS

Drafting of rules under data protection law in advanced stage; extensive industry consultations soon: Vaishnaw

New Delhi: Drafting of rules under the data protection legislation is in advanced stage with industry-wide consultations slated soon, Union Minister Ashwini Vaishnaw said on Saturday, asserting that India will also look

6 days ago

BUSINESS

Mcap of BSE-listed firms at another record high of Rs 434.9 lakh crore

New Delhi: The market capitalisation of BSE-listed firms hit another record high of Rs 434.88 lakh crore on Friday as the BSE benchmark scaled new closing peak, rallying for the third day

1 week ago

BUSINESS

Wholesale inflation rises to 15-month high of 2.61% in May, heatwave pushes up food items

New Delhi: The wholesale inflation rose to a 15-month high of 2.61 per cent in May, as heatwave conditions pushed up prices of food items, specially vegetables, and on costlier manufactured products.

1 week ago

BUSINESS

Exports up 9% to USD 38.13 bn in May; trade deficit widens to 7-month high at USD 23.78 bn

New Delhi: India’s merchandise exports rose by 9.1 per cent to USD 38.13 billion in May even as the trade deficit widened to a seven-month high of USD 23.78 billion during the

1 week ago

BUSINESS

Unauthorised transaction due to third party breach: Bank customer has zero liability, says HC

Mumbai: A customer has zero liability when an unauthorized transaction occurs due to a third party breach where the deficiency lies not with the bank or customer but somewhere in the system,

1 week ago

BUSINESS

Sensex, Nifty scale fresh peaks as inflation cools off

Mumbai: Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in

1 week ago

BUSINESS

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