Tag: business
India To Become Fifth Largest Economy Next Year: Jaitley
India is on track to surpass Britain next year to become the fifth largest economy in the world and to emerge among the "big three" global economies by 2040, Finance Minister Arun Jaitley said on Thursday.....
Petrol, Diesel Prices Hit New Highs, Rise For 9th Consecutive Day
Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday, even as analysts said the dual impact of rising oil prices and the depreciating rupee increases regulatory risks for state-run oil and gas firms.....
Rupee Slips To A New Low; Touches 71.75/$
The Indian rupee plunged to a fresh record low of 71.75 to a dollar during the morning trade session on Wednesday. ....
Opposition Joins Hands Over Bharat Bandh
Most of the opposition parties on Sunday announced their support to the Bharat Bandh called by the Congress and Left Front to protest against the rising fuel prices and have a showdown with the Modi government that has evaded a direct explanation to the non-stop rise in fuel prices.....
Merger Of Dena Bank, Vijaya Bank, Bank Of Baroda Announced
In a reform measure aimed at further consolidation, the government on Monday announced the merger of three state-run banks--Dena Bank, Vijaya Bank and the Bank of Baroda--that will make it the country's third largest bank with a combined business of Rs.14.82 lakh crore.....
Petrol Crosses Rs 91/l, Diesel At Rs 80 In Maharashtra
Petrol retail rates finally breached the Rs 90 mark in Mumbai by touching Rs 90.08 per litre here on Monday, but stood much higher elsewhere in the state, industry officials said.....
IGL Hikes CNG, PNG Prices; Small Rise In Subsidised LPG
State-run Indraprastha Gas Ltd (IGL) has raised the price of compressed natural gas (CNG) by Rs 1.70 per kg and of domestic piped gas by Rs 1.30 per standard cubic metres (scm) in Delhi, effective Monday, following a change in the rate of domestic natural gas prices payable to producers.....
GST A Monumental Reform, Hurt Growth For Just 2 Quarters: Jaitley
Finance Minister Arun Jaitley on Sunday termed the Goods and Services Tax as a 'monumental' reform, emphasising that the implementation of the indirect tax had impacted economic growth for only two quarters.....
Jet Airways' Q2 Standalone Net Loss At Rs 1,297 Crore
Jet Airways on Monday reported a net loss of Rs 1,297.46 crore for the second quarter ended September, against a net profit of Rs 49.63 crore a year ago.....
Chinese Investors Likely To Commit $30 Mn In 8 Indian Start-ups
Chinese venture capital (VC) funds are likely to invest around $30 million in eight Indian start-ups, the Ministry of Commerce and Industry said after the 2nd Startup India Investment Seminar held in Beijing on Tuesday.....
