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BusinessToday.In
New Delhi, January 13, 2020
Prime Minister Narendra Modi said that Rs 43,000 crore have been directly transferred into accounts of farmers so far. Addressing the 150th celebrations of the Kolkata Port Trust, PM Modi said that Chief Minister Mamata Banerjee has not implemented several schemes in the state; In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encourage electric mobility; German luxury carmaker Mercedes Benz India emerged as the largest selling luxury car brand in India in 2019 even as its sales skidded by 11.3 per cent, the steepest ever in a year in well over a decade. This and more news on News Blast.Also read: RBI report points to rapid ratings downgrade of corporate borrowersAlso read: Sharad Pawar meets Anurag Thakur over revival of fraud-hit PMC Bank


BusinessToday.In
New Delhi, January 13, 2020
Budget 2020: Auto industry seeks bold fiscal measures to revive growthIn middle of a prolonged slowdown, the automobile industry has asked the government to take bold fiscal measures to revive the sector that has reported its worst-ever sales decline in two decades during 2019, industry sources said.In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encoura...


Reuters
January 12, 2020
Iran-US conflict: A leader of Iran's opposition Green Movement, Mehdi Karroubi, called on Iran's Supreme Leader Ayatollah Ali Khamenei to step down over the handling of the downed airliner


BusinessToday.In
January 11, 2020
PM Narendra Modi took to his official Twitter handle to express condolences on the demise of the Sultan of Oman, Qaboos bin Said al Said. Here's what he said


BusinessToday.In
New Delhi, January 10, 2020
Flipkart former CEO Sachin Bansal acquires DHFL General Insurance for Rs 100 croreFlipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for around Rs 100 crore. The deal is seen as a distress sale for Kapil Wadhawan-led financial services group, which used to run the debt-laden DHFL. With this acquisition, Bansal has entered into insurance business. The investment is also seen as part of his strategy to en...


PTI
January 9, 2020
US Iran tensions: UN chief Antonio Guterres in his statement repeated his four-point message to world leaders, to: \"Stop escalation. Exercise maximum restraint. Re-start dialogue\", and \"renew international cooperation.\"


BusinessToday.In
New Delhi, January 9, 2020
Twitter Inc will test new features early this year to allow users to control who can reply to their tweets, as it looks to limit abuse and harassment on the platform; The government is considering to assess and rate its national highways on benchmarks such as safety and mobility etc. It wants to undertake this exercise in order to improve the quality of highways network in the country; U.S. President Donald Trump said on Wednesday Iranian missile strikes on bases in Iraq had not harmed any U.S. troops stationed there and damage was minimal, an outcome he said showed Tehran wanted to prevent an escalation into conflict. This and more news on News Blast.


BusinessToday.In
January 9, 2020
Sensex and Nifty turned volatile on Wednesday amid rising tension between US and Iran but Trump's positive comments helped markets worldwide to erase losses and trade in green


BusinessToday.In
New Delhi, January 9, 2020
World Bank cuts India's FY20 growth estimates to 5% from earlier 6%The World Bank on Wednesday cut its forecast for India's growth for financial year 2020 to 5 per cent from the estimated growth of 6 per cent earlier. The multilateral development lender also expects India's growth to pick up slightly to 5.8 per cent in the next fiscal. World Bank's Global Economic Prospects report stated weakness in credit from non-banking financial companies (NBFCs) as one of the primary reasons ...


Reuters
January 9, 2020
Iran-US conflict: Trump said no Americans were hurt in the overnight attacks. The Pentagon said Iran had launched 16 short-range ballistic missiles


BusinessToday.In
January 9, 2020
Share Market Update : Domestic indices gained on Thursday on back of bullish global equities after remarks by US President suggested that US and Iran were refraining from further military action.


Reuters
January 9, 2020
He urged world powers to quit a 2015 nuclear accord with Iran that Washington withdrew from in 2018 and work for a new deal, an issue that has been at the heart of rising tension between Washington and Tehran


PB Jayakumar
January 8, 2020
India may not face crude oil shortage if the tensions in the middle east escalate even to a war, as many countries such as Saudi Arabia, Venezuela or other Mediterranean and Middle East countries can assure supplies to the country


BusinessToday.In
January 8, 2020
Share price of Kotak Mahindra Bank ended 0.95% or 15 points lower at Rs 1,655 compared to the previous close of Rs 1,671 on BSE.


BusinessToday.In
New Delhi, January 8, 2020
Iran-US conflict: Air India has decided to reroute its flights that use the Iranian airspace amid the escalating tensions


BusinessToday.In
New Delhi, January 8, 2020
This rerouting may lead to increase in flying time by approximately 20 minutes for flights from Delhi and 30 to 40 minutes for flights from Mumbai, Air India said in a statement


BusinessToday.In
January 8, 2020
Brent crude, a global oil benchmark, soared 2.3 per cent to about $69.83 a barrel, after hitting a day's high of $71.75, the highest since mid-September 2019.


PTI
January 8, 2020
The Iraqi military in a statement said a total of 22 missiles hit two bases housing US troops, but there were no victims among the Iraqi forces


BusinessToday.In
January 8, 2020
Petrol and diesel prices are likely to jump sharply in the next few days over increasing tensions in the oil-rich Middle East countries


PTI
January 8, 2020
'India usually plays very good role in (maintaining) peace in the world. We welcome all initiatives from all countries, especially India as a good friend for us,' Iranian Ambassador


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