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BusinessToday.In
New Delhi, September 21, 2018
The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, and then reduce taxes on petrol and diesel.


BusinessToday.In
New Delhi, September 20, 2018
In Chennai, petrol is priced Rs 85.70, up 29 paise, and diesel is priced Rs 78.31, which is 21 paise increase from Wednesday's price. Petrol has taken a 3 paise jump in Kolkata to reach Rs 84.4, while diesel is Rs 75.72.


Reuters
New Delhi, September 19, 2018
India's steel imports totaled $6.5 billion in 2017/18, according to official data.


BusinessToday.in
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interests; Bank of Baroda, Vijaya Bank, Dena Bank stocks make major moves post merger announcement; US-China trade war: Trump imposes fresh round of tariffs on imports worth $200 bn; India delays imposition of retaliatory tariffs on U.S. goods till November 2; gold to become more expensive? Govt may hike import duty to stem rupee fall. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


Rah Shri
New Delhi, September 18, 2018
The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.


BusinessToday.In
September 17, 2018
The drop in value of rupee and spike in international crude oil prices may force the government to curb imports of non-essential commodities including gold.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


PTI
New Delhi, September 11, 2018
Trump said that he has become friends with foreign leaders including Prime Minister Narendra Modi and the Japanese Prime Minister Shinzo Abe.


BusinessToday.In
New Delhi, September 10, 2018
Brands such as Xiaomi, TCL, Skyworth, BPL and Thomson have all started local production at the component stage in the past few weeks, which is a major fillip to PM Narendra Modi's Make in India initiative


Anand Adhikari
New Delhi, August 31, 2018
The central bankers and governments of the EM countries have taken a number of steps to protect the value of their currencies


Nevin John
New Delhi, August 29, 2018
Reports say that both JSW and Tata look to submit bids for Usha Martin's 1 MT steel unit.


BusinessToday.In
August 28, 2018
While the ongoing trade war between the US and China has sent alarm bells ringing, India can end up as a major beneficiary if it play its cards right.


Sumant Banerji
New Delhi, August 20, 2018
How Jaguar Land Rover went from contributing half of the Tata group's profits to recording a huge loss. And whether it can turn around quickly.


BusinessToday.In
New Delhi, August 10, 2018
Gome Electronics, a fully-owned subsidiary of Gome Telecom Equipment, is listed on the Hong Kong Stock Exchange. Apart from smartphones, the $11-billion Chinese company plans to foray into consumer product categories like televisions and home appliances in India.


BusinessToday.in
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAs; govt hikes import duty on 328 textile items to boost domestic production; civil aviation ministry plans Rs 11,000-crore bailout package for Air India; parliamentary panel asks RBI to restore letters of undertaking at the earliest; banks lose Rs 70,000 crore due to frauds in last 3 financial years. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, August 8, 2018
Centre has doubled import duty on 328 textile products to 20 per cent; public sector banks penalised their customers by over Rs 5,000 crore in fiscal 2017-18; and Jamie Dimon yet again denounced Bitcoin and cryptocurrencies. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.  


BusinessToday.In
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...


BusinessToday.In
August 8, 2018
Last month, the government had doubled import duty on over 50 textile products - including jackets, suits and carpets - to 20 per cent, a move that was aimed at promoting domestic manufacturing.


PTI
August 5, 2018
An analysis by the industry chamber CII revealed that India should focus on the US market for items in the categories of machinery, electrical equipment, vehicles and transport parts, chemicals, plastics and rubber products.


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