‘New tech’ business model threatens decent work conditions, warns UN
Feb 14, 2019, at 09:11 am
New York, Feb 14 (IBNS): Unemployment is down globally but workers’ conditions have not improved, the UN said on Wednesday, warning that some businesses driven by new technology “threaten to undermine” hard-won social gains of recent decades.
Indian industrial production growth rate touches 2.4 percent in December
Feb 12, 2019, at 07:37 pm
New Delhi, Feb 12 (IBNS): India's factory output touched down to a figure of 2.4 per cent in December 2018,official data released on Tuesday said.
India's retail inflation touches 2.05 pct in January
Feb 12, 2019, at 07:28 pm
New Delhi, Feb 12 (IBNS): India's retail inflation touched 2.05 percent in January 2019 compared with a revised 2.11 percent in December 2018, as per government data released on Tuesday.
New Delhi to host Indo-US Commercial Dialogue February 14
Feb 12, 2019, at 07:22 pm
New Delhi, Feb 12 (IBNS): The Indo-US Commercial Dialogue and the Indo-US CEO Forum will be held on Feb 14 in New Delhi.
Steel Ministry participates in Safeguard inquiry in Canada
Feb 12, 2019, at 05:12 pm
New Deli, Feb 12 (IBNS): A delegation led by Additional Secretary Steel visited Canada recently to participate in the safeguard inquiry on Stainless Steel Wire (SSW) and Energy Tubular Products (ETP).
Financial inclusion of MSMES needed for development of the Country: Giriraj Singh
Feb 12, 2019, at 05:04 pm
New Delhi, Feb 12 (IBNS): Ministry of Micro Small and Medium Enterprises (MSME) organized a Regional Conference on MSME Financing under National SC/ST Hub Scheme in New Delhitoday.
Toyota Kirloskar Motor’s road safety education program instills ‘Safe Road Behavior’
Feb 09, 2019, at 04:56 pm
New Delhi, Feb 9 (IBNS): Reiterating its strong commitment towards Road Safety, Toyota Kirloskar Motor, today organized a national platform on road safety for the state level winners with an aim to evaluate the real-time learnings and applications by the students.
After RBI repo rate slash, State Bank cuts home loan interest by 5 basis points
Feb 08, 2019, at 11:08 pm
New Delhi, Feb 8 (IBNS): State Bank of India on Friday announced a decrease in interest by 5 basis points on home loans up to Rs 30 lakh.
TERI, West Bengal power department sign MoU to extend co-operation in state’s power sector
Feb 08, 2019, at 07:44 pm
Kolkata, Feb 8 (IBNS): The Energy and Resources Institute (TERI) and the Department of Power and Non-Conventional Energy Sources (NES), Government of West Bengal (GoWB), on Friday signed a Memorandum of Understanding (MoU) on the sidelines of the Bengal Global Business Summit 2019 at the Biswa Bangla Convention Centre in the city.
Honda Cars India introduces exclusive editions of Amaze, Jazz and WR-V
Feb 08, 2019, at 06:50 pm
New Delhi, Feb 8 (IBNS): Honda Cars India (HCIL), leading manufacturer of passenger cars in India,has announced the introduction of Exclusive Editions of three of its models Honda Amaze, Honda Jazz and Honda WR-V.
Tata Motors reports Rs 26,961 crore Q3 loss
Feb 08, 2019, at 06:43 pm
Mumbai, Feb 8 (IBNS): Automobile major Tata Motors has registered Rs 26,961 crore consolidated loss for the December quarter.
Gift a mid-air surprise to your Valentine with Jet Airways
Feb 08, 2019, at 06:23 pm
Mumbai, Feb 8 (IBNS): Jet Airways, India’s premier, full-service international airline, on Friday announced a specially crafted Valentine’s Day offer that will allow the airline’s guests to gift their loved one an unforgettable memory at 35,000 feet!
Jet Airways introduces a staggered penalty framework on its domestic network
Feb 08, 2019, at 06:19 pm
New Delhi, Feb 8 (IBNS): Jet Airways, India's premier, full-service international airline, on Friday introduced a dynamic, guest-friendly, tiered framework that will reward its domestic guests with substantially lower penalties in exchange for advanced intimation for changes in their bookings including cancellations, changes as well as refunds.
SAIL posts net profit of Rs. 616 Crore in third quarter of FY19
Feb 07, 2019, at 08:10 pm
New Delhi, Feb 7 (IBNS): Declaring the results for the third quarter of this Financial Year (FY) 2018-19 for October–December 2018 quarter, Steel Authority of India Limited (SAIL) posted a profit (Profit After Tax) of Rs 616 Crore in Q3 FY’19, which stood at Rs 43 Croreduring the corresponding period last year.
Mamata Banerjee inaugurates 5th BGBS, Reliance to invest over 1 billion in Bengal
Feb 07, 2019, at 07:47 pm
Kolkata, Feb 7 (IBNS): Reliance Industries owner Mukesh Ambani has promised to invest over Rs. 1 billion in West Bengal as Chief Minister Mamata Banerjee inaugurated the fifth edition of Bengal Global Business Summit (BGBS) at Biswa Bangla Convention Centre here on Thursday.
RBI cuts lending rate by 0.25%, banks and corporates react positively
Feb 07, 2019, at 05:19 pm
New Delhi, Feb 7 (IBNS): The Reserve Bank of India (RBI) on Thursday cut repo rate- the rate at which the central bank lends money to commercial banks- by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect, evoking some positive responses from the corporate sector.
Union Budget has quite a few positives to take away: Jaiswal
Feb 07, 2019, at 02:58 pm
Kolkata, Feb 6 (IBNS): Laxman Jaiswal, Chairman & Managing Director, Ascon Indrastructure India Ltd, has said that there were quite a few positives as a take away from the Union Budget presented by the Centre on Feb 1.
Loans may get cheaper as RBI cuts lending rate by 0.25%
Feb 07, 2019, at 12:39 pm
New Delhi, Feb 7 (IBNS): Lending rates and home loans could become cheaper with the Reserve Bank of India on Thursday reducing the repo rate by 25 basis points, or 0.25 per cent.
Jet Airways introduces a staggered penalty framework on its domestic network
Feb 07, 2019, at 10:02 am
Mumbai, Feb 7 (IBNS): Jet Airways, India's premier, full-service international airline, today introduced a dynamic, guest-friendly, tiered framework that will reward its domestic guests with substantially lower penalties in exchange for advanced intimation for changes in their bookings including cancellations, changes as well as refunds.
Techstars' first accelerator in India kicks off in Bangalore
Feb 06, 2019, at 11:42 pm
Bengaluru, Feb 5 (IBNS): The first Techstars mentorship-driven accelerator to be held in India, Techstars Bangalore Accelerator, kicked off in Bengaluru this week.
Assam budget: Govt to set up development corporation for indigenous Muslims
Feb 06, 2019, at 07:46 pm
Guwahati, Feb 6 (IBNS): The Assam government will set up a separate Development Corporation for the indigenous Muslims in the state.
CIL supplies to power sector receives a growth of 7.3 %
Feb 06, 2019, at 07:35 pm
New Delhi, Jan 6 (IBNS): Coal India Ltd. has supplied 407.02 MT coal to power sector during current year up to 04.02.2019thereby achieving a growth of 7.3% over the same period of last year.As on 04.02.2019, the averagerake loading of CIL to Power Sector including loading fromWashery& Good-Shed is 252.5 Rakes/day, which is an impressive growth of 13% over same period of last year.
Assam Finance minister presents Rs 1193 crore deficit state budget
Feb 06, 2019, at 07:26 pm
Guwahati, Feb 6 (IBNS): Assam Finance Minister Dr Himanta Biswa Sarma on Wednesday presented the state budget for the financial year 2019-20 in the Assam Legislative Assembly.
Pioneering tech innovation to up customer satisfaction
Feb 06, 2019, at 02:51 pm
Mumbai, Feb 4 (IBNS): AI technology firm Arya.ai, a front runner in providing Artificial Intelligence solutions for the BFSI industry, has been chosen by ICICI Lombard to implement its Deep Learning and Neural Networks platform to cut down processing time for health insurance customers needing hospitalization.
PNB posts 7.12 pc YoY profit at Rs. 247 crore in Q 3
Feb 05, 2019, at 02:56 pm
New Delhi, Feb 5 (IBNS) : The state-run Punjab National Bank (PNB), plagued by a whopping 2 billion dollar fraud, posted a surprise profit in October-December quarter, aided by lower provisioning for bad loans.
Uber partners with Ministry of Road Transport and Highways to raise safety awareness
Feb 04, 2019, at 06:35 pm
Kolkata, Feb 4 (IBNS): Uber, an on-demand ride-sharing company, marked the 30th National Road Safety Week by reiterating its commitment to the cause and launching a comic series drafted by the authors of Amar Chitra Katha Media and Tinkle Comics to reach young audiences in India.
GST revenue collected in January stands at Rs. 1,02,503 crore, shows reversal in declining trend
Feb 02, 2019, at 03:41 pm
New Delhi, Fb 2 (IBNS): Reversing the declining trend of two months, the revenue collected under the Goods and Services Tax (GST) showed significant improvement as the figure stood at Rs. 1,02,503 crore in January, official data released on Saturday said.
Tata Motors domestic sales recorded 54,915 units in January 2019
Feb 01, 2019, at 06:39 pm
Mumbai, Feb 1 (IBNS): As muted consumer sentiments continued in January 2019, Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market witnessed a drop of 8% at 54,915 units as against 59,441 units sold over last year.
Feb 01, 2019, at 05:25 pm
New Delhi, Feb 1 (IBNS): An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women.
Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20
Feb 01, 2019, at 05:17 pm
New Delhi, Feb 1 (IBNS): In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.