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BusinessToday.In
August 20, 2018
\"Rafale fighter jets are not being manufactured by Reliance or the Dassault Reliance Joint Venture. All 36 planes are to be 100 per cent manufactured in France,\" said Anil Ambani in a letter to Rahul Gandhi.


BusinessToday.In
August 20, 2018
The world's largest online retailer is reportedly interested in Kumar Mangalam Birla's food and grocery supermarket chain More.


PTI
August 19, 2018
Rupee last week dropped to a record low of 70.32 to a US dollar as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market currencies.


Reuters
August 18, 2018
Technology executives and trade groups have discussed approaching Prime Minister Narendra Modi's office to appraise him of their worries. Separately, the industry is considering pitching the issue as a trade concern, including at the India-US talks in September in New Delhi.


BusinessToday.In
August 17, 2018
In the blog, Modi decodes how Vajpayee rescued the economy in the mid 1990s and how he was ahead of his times. PM Modi also talks about Vajpayee's four decades of illustrious leadership and the high standards of debate in Parliament.


BusinessToday.In
August 16, 2018
As the nation mourns Vajpayee's loss, let's looks at the reasons why the country should be thankful to the poet prime minister.


Goutam Das
August 16, 2018
The IT industry was tottering at around $6 billion in 1999-2000. It is more than a $150 billion industry now.


Manu Kaushik
August 16, 2018
Vajpayee government took some historic decisions to fast-track the growth in the telecom sector.


Prosenjit Datta
August 16, 2018
Vajpayee is no more, but no one can doubt his contribution on economic, political and diplomatic fronts.


BusinessToday.In
August 16, 2018
The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.


Joe C Mathew
August 16, 2018
One and a half decade after Vajpayee demitted office, he is today remembered as a leader who took forward India's telecom revolution, laid the foundation for massive infrastructure projects - road, rail and air, in a size and scale that matched the Nehruvian-era.


BusinessToday.In
New Delhi, August 16, 2018
Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.


BusinessToday.In
August 16, 2018
Atal Bihari Vajpayee passed away today at the age of 93. Leaders cutting across the political spectrum mourned the loss of India's former prime minister.


PTI
August 15, 2018
Prime Minister Narendra Modi today said a new agriculture export policy will be unveiled soon to boost farm income as the government is on track to achieve the target of doubling farmers' income by 2022.


BusinessToday.In
August 15, 2018
The Prime Minister mentioned some of the key policy decisions such as GST and Benami Law that were discussed for years but did not see the light of the day till his government came to power.  


BusinessToday.In
August 15, 2018
ICICI Bank staff will get an additional 1 per cent interest on domestic FDs below Rs 1 crore, the bank said in a statement. The new FD rates are valid for both general and senior citizens.


Devika Singh
August 14, 2018
Over 63 per cent of respondents who were aware about the regulation and its requirements reported that they were non-compliant.


BusinessToday.in
New Delhi, August 14, 2018
Retail inflation slows down to 9-month low level in JulyRetail inflation plunged to a 9-month low of 4.17 per cent in July as vegetable prices fell, strengthening views that the RBI will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. The RBI has raised the key repo rate by 0.25 per cent each on inflationary concerns. The next bi-monthly policy is to be unveiled on October 5. Ease of Living Index: Pune ranks first in 'liveability', Delhi languishes at 65The Ease of Living Index 2018 released by Union Minister Hardeep Singh Puri on Monday has thrown surprises, with few most prominent cities failing to make a cut in the top 10. Of total 111 cities ranked under the index, Pune has been ranked first while Navi Mumbai has surfaced as the second preferred spot in terms of 'liveability'. However, the national capital Delhi has failed to make it to the top 50, ranking much below cities like Vijayawada and Bhopal at number 65. Chennai was also ranked at number 14, while Kolkata refused to participate in the survey.PNB scam: Govt dismisses Usha Ananthasubramanian from service, gives CBI permission to prosecuteNearly three months after Allahabad Bank divested its MD & CEO Usha Ananthasubramanian from all functional responsibilities, the government today dismissed her from service, according to an official notification. Ananthasubramanian is the former CEO & managing director of scam hit Punjab National Bank. Ananthasubramanian was named in a CBI charge-sheet in the Rs 14,000 crore PNB fraud case but had continued to be an employee of the bank. She was to superannuate today but has been dismissed from the service. The government has also given permission to the CBI to prosecute Ananthasubramanian and Sanjiv Sharan, former executive director of the PNBNew road to cut travel time between Delhi and Gurugram, likely to open by DiwaliThe commuters from Delhi to Gurugram will soon have a new road that will bring down congestion and cut short the travel time. The new road will offer a shorter route for commuters from Dwarka, Najafgar and west Delhi to Gurugram.The new route will connect to Najafgarh-Bijwasan road and is part of Gurugram's Masterplan 2031.Infosys to invest Rs 100 cr in software development centre in Kolkata, create 1,000 jobsIndia's second largest software services firm Infosys has said it will set up a new software development centre in Kolkata with an investment of Rs 100 crore.The centre is expected to provide employment to about 1,000 engineers.The first phase of the project will be completed within 15 months from the date of obtaining all statutory clearances.India's forex reserve is in a \"comfortable range\", says a DBS report. India's forex reserve is in a \"comfortable range\" and another 5-8 per cent fall will not jeopardise the situation, says a DBS report. According to the global financial services major, a challenging global environment has compelled RBI to intervene aggressively this year to contain rupee depreciation, resulting in significant drawdown in foreign reserves. Jet Airways to evaluate funding options to meet liquidity needsIndian carrier Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results. In a report by Reuters, Jet however ruled out a potential stake sale or plans to monetise its investment in its frequent flier programme, calling media reports on the subject \"purely speculative\".No more queues at CNG pumps! IGL to open 50 more stations in Delhi-NCRIn what might come as a big relief to CNG car owners, Indraprastha Gas Limited (IGL) is planning to come up with 50 more CNG pumps across Delhi-NCR. This is likely to be done by February 2019. As mentioned by an official, the new CNG stations are to come up across Delhi, Noida, Greater Noida, Rewari and Ghaziabad.


Mail Today Bureau
August 14, 2018
The rate of price rise in fruits slowed down 6.98 per cent, as against over 10 per cent in the previous month. However, inflation in the fuel segment based on the changes in the CPI increased to 7.96 per cent from 7.14 in the previous month.


PTI
New Delhi, August 13, 2018
Its previous low was in October 2017 at 3.58 per cent. As for year-on-year comparison, retail inflation had increased by 2.36 per cent in July last year.


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