RBI targets 5.2 per cent retail inflation for first half of FY22, repo rate unchanged

Earlier, the central bank had projected retail inflation at 5.2 per cent for the 2021 March quarter

Adani Ports acquires residual 25 pc stake in Krishnapatnam Port for Rs 2,800 cr

The port is expected to have volumes of 38 MT, revenues of Rs 1,840 crore and EBITDA of Rs 1,325 crore in FY21, the company said

Status quo on small savings interest rate

The decision to rollback was taken hours after the government announced the steepest cut in the rate on small savings schemes on Wednesday

GST mop-up hits record Rs 1.23 lakh crore in March

Collection tops Rs 1L cr for 6th month in a row

Government withdraws cut in rate on small savings schemes

Orders issued by oversight shall be withdrawn, Sitharaman said in a early morning tweet

TVS brings Jupiter ZX Disc scooter at Rs 69,052

The two-wheeler has technology that enables silent and instant start without the cranking noise

Bajaj Auto announces zero sales in April

The company, however, shipped 32,009 two-wheeler units to overseas markets last month

Amid coronavirus outbreak BMW to shut european factories

Around Europe, other manufacturers including Mercedes-Benz parent Daimler, Volkswagen, Ford, Fiat and Peugeot also shut factory doors

Maruti domestic sales were up 1.3% in July but don't exhale yet

The rest of the country's auto companies are still in negative territory

Not a single Maruti car sold in April

The company had zero sales in the domestic market in April 2020, the company stated

Skoda to roll out mid-size SUV Kushaq in 18 months

The Kushaq, Skoda said, is the first vehicle designed and developed under the company’s ‘India 2.0’ project

TATA stocks raise after Supreme Court verdict

As the SC upheld Tata Sons’ decision to remove Cyrus Mistry as the chairman of Tata Sons, shares of Tata Group companies started gaining

Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 cr

Through APSEZ's 89.6 per cent stake in Gangavaram port, the Adani Group will greatly expand its pan-India cargo presence

Apache to build a Rs. 70-crore leather industry in Pulivendula

Jagan to lay foundation stone on December 24 for the unit, which will employ 2,000 local people

Samsung mulls producing Rs 3.7 lakh crore worth mobile phones in India

The government expects mobile phones worth Rs 11 lakh crore will be made in the country in the next five years

Manufacturing PMI expands to 13-year high in October, signals economic recovery

The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery

Relief for MSMEs: Centre waives off compound interest on loans during pandemic

Any individual/entity whose loan amount is more than Rs 2 crore will not be eligible for waiver of the compounding of interest.

Government launches crackdown on 7,000 GST evaders, 187 arrested

The government netted a record GST collection of Rs 1.15 lakh crore in December 2020, helped by the action against tax evaders

Need to conclude free trade agreements with US, others: RBI chief

Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

After unpredictable Samvat 2076, India's stock markets look forward to a stable year

India has chance to come out stronger and report healthy growth in Samvat 2077, provided we don’t see a big second wave of Covid cases

Big steel, cement firms operating as a cartel; need to place regulator: Gadkari

The minister said he has discussed the issue with the PM and had a lengthy discussion on it with the Principal Secretary in the PMO as well

13 lakh new retail investors added in stock market in past one month

Telangana records the highest increase in number of new investors

Merchandise exports continues to decline in August, trade deficit widens sequentially

In the month of August, merchandise exports stood at $22.70 billion as compared to $25.99 billion in August 2019

Oil struggles to hold five-month high amid growing demand fears

Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery

Gold demand in India plunges to 25-year low

India’s gold demand in 2020 might be the lowest in 25 years as the pandemic has already dragged down consumption in the first three quarters

IRDAI proposes lower capital, liberal norms to float micro-insurance companies

The changes would require amendments to the Insurance Act, 1938 to bring the standalone microinsurance business under its purview

Tamil Nadu's electronics policy sets up $ 100 billion target by 2025

State aims at emerging as electronic systems design and manufacturing (ESDM) destination

DGCA extends ban on international passenger flights till September 30

The circular said suspension does not affect the operation of international all-cargo operations and flights specifically approved by DGCA

People's Bank of China invests Rs 15 crore in ICICI Bank amid India-China tension

Chinese bank was among 357 institutional investors including domestic mutual funds, insurance companies and global institutions