CCI slaps over Rs 6,700 crore fine on 11 cement companies

Apart from penalising the Cement Manufacturers Association (CMA), the fair trade regulator has directed all the entities to "cease and desist" from indulging in any activity relating to agreement, understanding or arrangement on prices, production and supply of cement in the market.

Petrol, diesel dearer on rise in crude oil prices

With this change, the price of petrol in Delhi will become Rs 63.47/litre and diesel in Delhi will be sold at Rs 52.94/litre.

Amid growth claims, GDP grows a meagre 7.1 per cent

And, while India retained the title of the world's fastest-growing large economy ahead of China, the outturn was well below the 7.6 per cent growth forecast by analysts in a Reuters poll.

Infrastructure output growth slows to 3.2% in July

The output expanded 5.2 per cent from a year earlier in June. For the period between April and July, the output growth came in at 4.9 per cent.

Sensex rises 100 points, Nifty tops 8,750 on positive global cues; Cipla top gainer

The headline indices advanced tracking positive trend seen in Asian shares as investors waited to see if upcoming job data could prod the Federal Reserve into raising interest rates as soon as September.

Thu Sep 01 04:52:07 IST 2016

From The Magazine

Waiting For a Crisis?

A recent report by ratings agency ICRA Ltd says banks' share in consumer credit shrunk from 66 per cent to 55 per cent in the past six years. NBFCs increased their share from 14 per cent to 19 per cent during the same period.

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Union Budget 2016-17