CM Kejriwal inaugurates RTR road corridor, says Delhi govt built 23 flyovers in 4.5 yrs
The elevated corridor of Rao Tula Ram (RTR) Flyover, built at a cost of Rs 205 crore on the Outer Ring Road, will help decongest the area and prove a boon for people commuting towards the IGI airport from south Delhi and Noida.
Posted on 16 July 2019 | 9:33 pm
MCX net surges to Rs 43.70 cr
The average daily turnover on the exchange at Rs 27,473 crore, up 12.8 percent, it said July 16.
Posted on 16 July 2019 | 9:25 pm
No plan to completely ban petrol, diesel vehicles: Dharmendra Pradhan
The Niti Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.
Posted on 16 July 2019 | 9:15 pm
NMDC issues termination notice to BHEL for delaying Rs 1,395-cr RMHS order
On June 26, NMDC issued a notice to engineering firm BHEL invoking termination clause, seeking reply from the engineering firm, as the latter has not been able to complete a Rs 1,395-crore contract awarded to it in 2011, whose completion date was February 28, 2014.
Posted on 16 July 2019 | 9:06 pm
Flipkart Big Shopping Days Sale 2019: Deals on Realme 3 Pro, Google Pixel 3, Apple MacBook Air and others
The four-day online carnival is bundled up with huge discounts on smartphones, laptops, televisions and appliances, fashion accessories, clothing and many more.
Posted on 16 July 2019 | 9:04 pm
Christine Lagarde resigns as IMF chief, cites more clarity on ECB post
Lagarde said in a statement her resignation was effective September 12, opening the way for the IMF to choose its next leader.
Posted on 16 July 2019 | 8:58 pm
Mumbai building collapse LIVE: Structure that crumbled was #39;unauthorised#39;, doesn#39;t come under our purview, says MHADA
A four-storey residential building collapsed in south Mumbai#39;s congested Dongri area on July 16, trapping about 40 to 50 people under the debris.
Posted on 16 July 2019 | 8:50 pm
Jet Airways lenders set to invite EoI from investors
"The notice for expression of interest could be sent out by end of this week, or early next," said an executive from the industry.
Posted on 16 July 2019 | 8:41 pm
DCB Bank net profit rises 17% to Rs 81 cr in June quarter
DCB Bank said its net advances as on June 30 rose to Rs 24,044 crore, up by 13 per cent from Rs 21,243 crore in the year-ago quarter.
Posted on 16 July 2019 | 8:27 pm
Suzlon defaults on bond payments of $172 mn
The outstanding principal amount of $172 million was part of a bond issue of $546.91 million.
Posted on 16 July 2019 | 8:18 pm
71% feel press freedom under threat in India: Survey
The firm said more than 75,000 people across 19 states and the NCR took part in the poll.
Posted on 16 July 2019 | 8:11 pm
NTPC commissions first unit of Nabinagar plant; installed capacity reaches 55,786 MW
Nabinagar Power Generating Company, NTPC said, is a 50:50 joint venture between NTPC and Bihar State Power Holding Company Limited.
Posted on 16 July 2019 | 8:03 pm
Editor#39;s pick: 9 feared dead in Mumbai building collapse; Pakistan airspace now open on maps; Chile peppers grow in space now perhaps
The biggest stories of the day summarised by Rakesh Sharma.
Posted on 16 July 2019 | 7:57 pm
Sebi provides new format for compliance report on corporate governance
The regulator, in September 2015, had asked listed companies to submit compliance report on corporate governance in a prescribed format with disclosures pertaining to composition of board of directors as well as the committees and their respective meetings, among others.
Posted on 16 July 2019 | 7:54 pm
Domestic medical device makers raise pitch for duty hikes on imports
At present, India imposes 0-7.5 percent import duty on medical devices. In addition to import duty, importers pay 12 percent GST, but they are eligible for input tax credit.
Posted on 16 July 2019 | 7:50 pm
Most NBFCs cutting down on growth to stay afloat: Nilesh Shah of Kotak Mahindra AMC
"With more availability of finance, with BS-VI norms behind and some corrective steps taken by the government for automobile sector, we could see auto stocks reviving," Shah added.
Posted on 16 July 2019 | 5:02 pm
Govt to make mandatory standards for 40 more chemicals to check fake products
Chemicals and Petrochemicals Secretary P Raghavendra Rao said government is also expected to soon introduce Harmonised System (HS) of coding for chemicals and petrochemicals imported in large volumes.
Posted on 16 July 2019 | 2:26 pm
Domestic catalysts hint at positive outlook for Indian bonds in short term: DBS
Global drivers are also supportive as US yields harbour expectations of a dovish US Fed and a likely rate cut at the meeting later this month.
Posted on 16 July 2019 | 1:59 pm
Govt cuts interest rate on General Provident Fund for July-September quarter
The government had earlier hiked interest rate on GPF for October-December quarter and had kept rates unchanged since then.
Posted on 16 July 2019 | 12:12 pm
Govt may price 1st tranche of sovereign bonds at $3-4 billion
The move is likely to help the government take advantage of the excess liquidity in global markets and create additional space for corporate bonds in the Indian market
Posted on 16 July 2019 | 11:47 am
Will protectionism help govt’s ‘Make in India’ plan?
The government’s  bid  to hike tariffs on various goods, especially industrial supplies, to boost local production  may impact  the domestic industries  using  them as inputs.
Posted on 16 July 2019 | 11:32 am
West Bengal govt issues notification for 10% reservation in state jobs
People, who are not covered under reservation schemes for scheduled castes, scheduled tribes and other backward classes, will get 10 per cent reservation in direct recruitment in civil posts and services of the state government, and also admissions to educational institutions in the state, it said.
Posted on 16 July 2019 | 8:05 am
Digging Deeper | World population is ageing rapidly, are we ready to deal with it?
Birthrates in several countries are falling rapidly, and thanks to advances in medical sciences and life expectancy increasing, what we have is an increasingly older population
Posted on 15 July 2019 | 8:23 pm
E-auction of iron ore dumps to start in 15-20 days: Pramod Sawant
"The central government has been working to ensure that this industry resumes in a legal way. Union Home Minister Amit Shah recently chaired a meeting to find out a solution for the problem," Sawant said.
Posted on 15 July 2019 | 1:25 pm
Infrastructure developing in 15 identified tourism circuits: Govt to Lok Sabha
Union Tourism Minister Prahlad Singh Patel said during Question Hour that the initiative has been taken under the Swadesh Darshan Scheme.
Posted on 15 July 2019 | 1:25 pm
Relaxing FDI limit in insurance intermediaries to strengthen distribution capabilities: Fitch
The Budget 2019-20 tabled in Parliament on July 5, permitted foreign companies to own up to 100 per cent in insurance intermediaries, including insurance agents, brokers, loss assessors and surveyors, from the 49 per cent, to attract more foreign direct investment into the industry.
Posted on 15 July 2019 | 1:25 pm
WPI inflation eases to near 2-year low at 2.02% in June
The Wholesale Price Index (WPI)-based inflation was at 2.45 per cent in May. It was 5.68 per cent in June 2018.
Posted on 15 July 2019 | 12:35 pm
Mission Paani: Authorities slip up badly on waste management, even water harvesting
But once the water is made available, it must be preserved. That is where water harvesting comes in. Water must be stored for future use, and ground water reserves replenished. The better the water management, the less the runoff.
Posted on 15 July 2019 | 10:56 am
Railway Ministry studying profiles of officials under anti-corruption drive: Piyush Goyal
Goyal, who is on a three-day visit to the UK, said during an interaction with representatives from the Indian diaspora in Britain on Sunday that the Narendra Modi led government had taken steps to address the issue of transparency across all departments and a clean-up drive was being executed across the states.
Posted on 15 July 2019 | 10:45 am
Fiscal requirement of Puducherry pegged at Rs 8,425 crore
Lieutenant Governor of the union territory Kiran Bedi, also chairperson of the State Planning Board, told reporters at the end of its meeting here Saturday that "It was a useful deliberation which was comprehensive, frank, fair and creative." The board met to finalise the draft plan of the union territory, projecting the financial requirements of every department.
Posted on 13 July 2019 | 9:30 pm
CM Kejriwal inaugurates RTR road corridor, says Delhi govt built 23 flyovers in 4.5 yrs
The elevated corridor of Rao Tula Ram (RTR) Flyover, built at a cost of Rs 205 crore on the Outer Ring Road, will help decongest the area and prove a boon for people commuting towards the IGI airport from south Delhi and Noida.
Posted on 16 July 2019 | 9:33 pm
MCX net surges to Rs 43.70 cr
The average daily turnover on the exchange at Rs 27,473 crore, up 12.8 percent, it said July 16.
Posted on 16 July 2019 | 9:25 pm
No plan to completely ban petrol, diesel vehicles: Dharmendra Pradhan
The Niti Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.
Posted on 16 July 2019 | 9:15 pm
NMDC issues termination notice to BHEL for delaying Rs 1,395-cr RMHS order
On June 26, NMDC issued a notice to engineering firm BHEL invoking termination clause, seeking reply from the engineering firm, as the latter has not been able to complete a Rs 1,395-crore contract awarded to it in 2011, whose completion date was February 28, 2014.
Posted on 16 July 2019 | 9:06 pm
Flipkart Big Shopping Days Sale 2019: Deals on Realme 3 Pro, Google Pixel 3, Apple MacBook Air and others
The four-day online carnival is bundled up with huge discounts on smartphones, laptops, televisions and appliances, fashion accessories, clothing and many more.
Posted on 16 July 2019 | 9:04 pm
Christine Lagarde resigns as IMF chief, cites more clarity on ECB post
Lagarde said in a statement her resignation was effective September 12, opening the way for the IMF to choose its next leader.
Posted on 16 July 2019 | 8:58 pm
Mumbai building collapse LIVE: Structure that crumbled was #39;unauthorised#39;, doesn#39;t come under our purview, says MHADA
A four-storey residential building collapsed in south Mumbai#39;s congested Dongri area on July 16, trapping about 40 to 50 people under the debris.
Posted on 16 July 2019 | 8:50 pm
Jet Airways lenders set to invite EoI from investors
"The notice for expression of interest could be sent out by end of this week, or early next," said an executive from the industry.
Posted on 16 July 2019 | 8:41 pm
DCB Bank net profit rises 17% to Rs 81 cr in June quarter
DCB Bank said its net advances as on June 30 rose to Rs 24,044 crore, up by 13 per cent from Rs 21,243 crore in the year-ago quarter.
Posted on 16 July 2019 | 8:27 pm
Suzlon defaults on bond payments of $172 mn
The outstanding principal amount of $172 million was part of a bond issue of $546.91 million.
Posted on 16 July 2019 | 8:18 pm
71% feel press freedom under threat in India: Survey
The firm said more than 75,000 people across 19 states and the NCR took part in the poll.
Posted on 16 July 2019 | 8:11 pm
NTPC commissions first unit of Nabinagar plant; installed capacity reaches 55,786 MW
Nabinagar Power Generating Company, NTPC said, is a 50:50 joint venture between NTPC and Bihar State Power Holding Company Limited.
Posted on 16 July 2019 | 8:03 pm
Editor#39;s pick: 9 feared dead in Mumbai building collapse; Pakistan airspace now open on maps; Chile peppers grow in space now perhaps
The biggest stories of the day summarised by Rakesh Sharma.
Posted on 16 July 2019 | 7:57 pm
Sebi provides new format for compliance report on corporate governance
The regulator, in September 2015, had asked listed companies to submit compliance report on corporate governance in a prescribed format with disclosures pertaining to composition of board of directors as well as the committees and their respective meetings, among others.
Posted on 16 July 2019 | 7:54 pm
Domestic medical device makers raise pitch for duty hikes on imports
At present, India imposes 0-7.5 percent import duty on medical devices. In addition to import duty, importers pay 12 percent GST, but they are eligible for input tax credit.
Posted on 16 July 2019 | 7:50 pm
MCX net surges to Rs 43.70 cr
The average daily turnover on the exchange at Rs 27,473 crore, up 12.8 percent, it said July 16.
Posted on 16 July 2019 | 9:25 pm
NMDC issues termination notice to BHEL for delaying Rs 1,395-cr RMHS order
On June 26, NMDC issued a notice to engineering firm BHEL invoking termination clause, seeking reply from the engineering firm, as the latter has not been able to complete a Rs 1,395-crore contract awarded to it in 2011, whose completion date was February 28, 2014.
Posted on 16 July 2019 | 9:06 pm
Flipkart Big Shopping Days Sale 2019: Deals on Realme 3 Pro, Google Pixel 3, Apple MacBook Air and others
The four-day online carnival is bundled up with huge discounts on smartphones, laptops, televisions and appliances, fashion accessories, clothing and many more.
Posted on 16 July 2019 | 9:04 pm
Christine Lagarde resigns as IMF chief, cites more clarity on ECB post
Lagarde said in a statement her resignation was effective September 12, opening the way for the IMF to choose its next leader.
Posted on 16 July 2019 | 8:58 pm
Jet Airways lenders set to invite EoI from investors
"The notice for expression of interest could be sent out by end of this week, or early next," said an executive from the industry.
Posted on 16 July 2019 | 8:41 pm
DCB Bank net profit rises 17% to Rs 81 cr in June quarter
DCB Bank said its net advances as on June 30 rose to Rs 24,044 crore, up by 13 per cent from Rs 21,243 crore in the year-ago quarter.
Posted on 16 July 2019 | 8:27 pm
Suzlon defaults on bond payments of $172 mn
The outstanding principal amount of $172 million was part of a bond issue of $546.91 million.
Posted on 16 July 2019 | 8:18 pm
NTPC commissions first unit of Nabinagar plant; installed capacity reaches 55,786 MW
Nabinagar Power Generating Company, NTPC said, is a 50:50 joint venture between NTPC and Bihar State Power Holding Company Limited.
Posted on 16 July 2019 | 8:03 pm
Sebi provides new format for compliance report on corporate governance
The regulator, in September 2015, had asked listed companies to submit compliance report on corporate governance in a prescribed format with disclosures pertaining to composition of board of directors as well as the committees and their respective meetings, among others.
Posted on 16 July 2019 | 7:54 pm
Domestic medical device makers raise pitch for duty hikes on imports
At present, India imposes 0-7.5 percent import duty on medical devices. In addition to import duty, importers pay 12 percent GST, but they are eligible for input tax credit.
Posted on 16 July 2019 | 7:50 pm
Mirae Asset MF positive on financials, OMCs, pharma shares for investments
Some of the issues like NBFC crisis are cyclical in nature and should be resolved over the next couple of quarters
Posted on 16 July 2019 | 7:39 pm
White goods makers may see non-TV, non–government revenue surge in Q1
Analysts expect sales to grow 14-15 percent on a year-on-year basis for electrical goods
Posted on 16 July 2019 | 7:39 pm
ILFS eyes Rs 480 cr from sale of two towers at Gift City
In a public notice July 16, ILFS said it has put its two towers--Gift One and Gift Two--having a developable area of around 6 lakh sqft on the block and has invited expressions of interest from investors.
Posted on 16 July 2019 | 7:02 pm
Rupee falls 17 paise against USD on rising crude, capital outflow
The dollar index, which gauges the greenback#39;s strength against a basket of six major currencies, moved up by 0.31 per cent to 97.23.
Posted on 16 July 2019 | 6:32 pm
Nomura expects Nifty to touch 12,900 by March 2020; overweight on financials, infra shares
Mukherjee feels the market could trade between 17x and 18x one-year forward earnings
Posted on 16 July 2019 | 5:58 pm
