World Bank slashes India's growth forecast to 6 percent
Oct 13, 2019, at 06:04 pm
New Delhi: The World Bank on Sunday reduced the growth forecast for India in the current fiscal year to 6 percent.
Bhushan Power & Steel Ltd assets worth Rs 4025.23 Cr seized in a bank fraud case
Oct 12, 2019, at 09:53 pm
New Delhi, Oct 12 (UNI) Enforcement Directorate (ED) has attached immovable properties of Bhushan Power and Steel Limited (BPSL) worth of Rs 4025.23 crore under the Prevention of Money Laundering Act (PMLA) in a bank fraud case, an official release said here on Saturday.
Indian economy exposed to risks as private consumption declines: RBI Report
Oct 12, 2019, at 09:29 pm
Mumbai:The Reserve Bank of India in its Oct 2019 Monetary Policy report has said that the sagging private consumption poses risks to the Indian economy in future.
To meet demand for skilled workers in Japan Sona Yukti to train 100,000 in Japanese language
Oct 12, 2019, at 04:52 pm
Bengaluru: The Japanese Government has drawn up an elaborate plan to attract global talent to work in Japan in order to meet its requirement of 8,45,000 workers by 2025.
After Rana Plaza factory collapse in Bangladesh, have conditions in garment factories improved?
Oct 12, 2019, at 01:58 pm
Kolkata, Oct 12 (IBNS): Worker safety and working conditions in factories that supply fast fashion and garments to some of the world’s biggest brands remain ‘fragile’ despite increased vigilance since the 2013 Rana Plaza disaster in Bangladesh, according to a recently concluded research.
Domestic stock markets showed improvements as global peers made gains
Oct 11, 2019, at 09:48 pm
Mumbai: The BSE Sensex gained 465.01 points to close at 38,345.41, while the broader NSE Nifty benchmark rose gained as much as 11,362.90, up 128.35 points.
India's industrial production drops to 1.1% in August
Oct 11, 2019, at 06:27 pm
New Delhi: India's industrial output contracted by 1.1 percent in August, as per government data released on Friday.
PayPal India launches ‘Ab Diwali 365 days wali’ consumer campaign
Oct 11, 2019, at 05:26 pm
Mumbai: PayPal India on Friday launched its second marketing campaign themed – ‘Ab Diwali 365 days wali’.
Datsun India launches the Most Affordable CVT in the segment
Oct 11, 2019, at 05:23 pm
Kolkata: Automobile giant Nissan India on Friday launched the CVT version of its Datsun GO and GO+ at an attractive introductory price of INR 5.94 Lakh and INR 6.58 Lakh respectively.
Jaime Ardila joins Ola Electric’s board
Oct 11, 2019, at 04:46 pm
Kolkata: Ola Electric Mobility Pvt Ltd (Ola Electric) on Friday announced the appointment of Jaime Ardila as a member of the company’s Board of Directors.
India's September passenger vehicle sales drops by 23.56 pct
Oct 11, 2019, at 04:40 pm
New Delhi: The sale of Passenger Vehicles declined by 23.56 percent in April-September 2019 over the same period last year, revealed the Society of Indian Automobile Manufacturers (SIAM) data released on Friday.
India seeks investment from Central Europe
Oct 10, 2019, at 07:30 pm
New Delhi, Oct 10 (IBNS): A high-level Government - industry delegation led by Secretary in the Department of Heavy Industry Asha Ram Sihag is reaching out to top Czech companies, including Volkswagen and Skoda Transporation to scale up their investment in India, leveraging the country as their global supply chain hub.
Yes Bank appoints Anita Pai as Chief Operating Officer
Oct 10, 2019, at 04:06 pm
Mumbai: Yes Bank, India’s fourth largest private sector bank, on Thursday announced the appointment of Anita Pai as Chief Operating Officer and Jasneet Bachal as Chief Marketing Officer of the Bank.
Rini Sanyal becomes first female Chairperson of IDSA
Oct 10, 2019, at 04:05 pm
New Delhi: Coinciding with Union Government's mission of empowering women, Rini Sanyal, Director-Regulatory & Government Affairs, Herbalife Nutrition, has taken over as new Chairperson of Indian Direct Selling Association (IDSA).
Kia Motors Inaugurates BEAT360: a first-of-its-kind brand experience center in India
Oct 10, 2019, at 04:04 pm
New Delhi: Kia Motors India, a wholly-owned subsidiary of Kia Motors Corporation, the world's 8th largest automaker, today launched ‘BEAT360’, a unique brand experiential center, which offers its visitors an essence of Kia Motors brand philosophy.
PMC Bank: FM Nirmala Sitharaman says RBI taking action
Oct 10, 2019, at 02:46 pm
New Delhi: Union Finance Minister Nirmala Sitharaman assured depositors of crisis-hit Punjab and Maharashtra Co-operative Bank of fast recovery into the trouble.
Reliance Infra appoints Anil Ambani’s sons Anshul and Anmol Ambani as directors
Oct 10, 2019, at 12:50 pm
Mumbai, Oct 10 (UNI) The Anil Ambani-led Reliance Group Reliance Infrastructure (RInfra) has appointed Anmol and Anshul as directors on the board of the company.
Markets drop after recovery on Wednesday
Oct 10, 2019, at 11:32 am
Mumbai: Domestic benchmark indices started on a grim note on Thursday in the midst of weakness in global markets, a day after the BSE Sensex and NSE Nifty showed signs of improvement after losing for straight six days.
SBI cuts down interest on savings, fixed deposits
Oct 09, 2019, at 06:26 pm
Mumbai: State Bank of India (SBI), the largest lender of the country, on Wednesday slashed its savings and term deposit interest rates.
India falls 10 places to rank 68 in Global Competitive Index
Oct 09, 2019, at 02:51 pm
Geneva: India has slipped 10 places in the Global Competitive Index to occupy 68th position out of 141 countries surveyed by the rankings.
Rupee tanks 17 paise against USD
Oct 09, 2019, at 11:48 am
Mumbai, Oct 9 (UNI) The Rupee on Wednesday slipped 17 paise to 71.18 in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian market: Sensex down by 141.33 points
Oct 07, 2019, at 05:26 pm
Mumbai, Oct 7 (UNI) The benchmark index of Bombay Stock Exchange(BSE) on Monday slipped by 141.33 points to 37,531.98 following selling in Energy, Capital Goods, Oil and Gas and Realty stocks.
Tata Motors DVR drops by 3.17 pc to Rs 51.90
Oct 07, 2019, at 05:23 pm
Mumbai, Oct 7 (UNI) Tata Motors DVR on Monday fell by 3.17 pc to Rs 51.90 to be the top loser in the 30 scrips index of Bombay Stock Exchange (BSE).
FM Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow
Oct 06, 2019, at 07:15 pm
New Delhi: The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process. There would be no physical interface between the tax payers and the tax officers.
Nirmala Sitharaman to inaugurate National e-Assessment Centre of Income Tax Department tomorrow
Oct 06, 2019, at 03:04 pm
New Delhi, Oct 6 (IBNS): The Income Tax Department is ushering in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process.
Universal Sompo trains 110 unemployed youth in selling non-life insurance policies
Oct 05, 2019, at 10:51 pm
Varanasi: The second batch of candidates trained by Universal Sompo General Insurance Company Ltd completed training as per the requirement of the Insurance Regulatory and Development Authority of India (IRDAI) and received
Demonetisation, GST encourage digitisation: FM Nirmala Sitharaman
Oct 05, 2019, at 06:21 pm
Dharwad, Oct 5 (UNI): Union Finance Minister Nirmala Sitharaman on Saturday said demonetisation and GST encouraged digitisation which will alternately drive the country towards open and transparent economic system.
Paypal becomes 1st company to withdraw support for Facebook's cryptocurrency Libra
Oct 05, 2019, at 09:59 am
Moscow (Sputnik/UNI) Payment company Paypal said it has withdrawn its participation in Facebook's cryptocurrency project Libra, becoming the first company to end its support for the project amid backlash from authorities.
BSE, NSE respond negatively after RBI cuts repo rate by 25 bps
Oct 04, 2019, at 04:39 pm
Mumbai: The markets tumbled after RBI cut down repo rate by 25 bps to 5.14% on Friday.
RBI cuts repo rate to boost economy, ensures stability of Indian banking system
Oct 04, 2019, at 03:30 pm
Mumbai: The Reserve Bank of India on Friday slashed the repo rate by 25 basis points to 5.15% in a bid to revive the sagging economy.