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The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

Prabhu to raise visa, steel duty, WTO issues with USTR, Commerce Secy

India's exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

25 May 2018 1:53 PM IST

Out of 14 Asian economies, India is the 12th most competitive economy.

India fares well in competitiveness

The US, Hong Kong and Singapore are ranked first, second and third.

25 May 2018 12:37 AM IST

The enforcement directorate has registered a case of money laundering in connection with an alleged Rs 621 crore loan fraud involving UCO Bank.

Bank credit grows at 12.64 per cent, deposits at 7.61 per cent

Advances to industry grew by 0.7 per cent in March 2018, compared with a contraction of 1.9 per cent in March 2017.

24 May 2018 2:24 PM IST

State Bank of India

State Bank of India jumps to 12-week high on recovery forecast

SBI added Rs 336.7 bn of non-performing loans in March quarter, taking its total to Rs 2.23 tn, or 10.91 per cent of...

23 May 2018 2:22 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

Country-wide intra-state e-way bill system mandatory from June 3

Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.

22 May 2018 7:23 PM IST

State Bank of India

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.

22 May 2018 2:32 PM IST

Finance Minister Arun Jaitley coming out of Finance Ministry office at Parliament. (Photo: File/PTI)

FinMin rules out raising equity investment limit for pension funds

Government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) managed by the NPS.

22 May 2018 8:26 AM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

India's GDP growth in Q4 of FY18 seen at 7.4 per cent: Icra

The rating agency further said it expects a mild pickup in growth in the services sector.

21 May 2018 3:58 PM IST

The governments Bank Note Paper Mill India (BNPM) has received green signal to increase the production of bank note paper at its Mysuru unit in Karnataka from 12,000 tonnes per annum (TPA) to 16,000 TPA.

BNPM gets green nod to increase bank note paper production

Raw material used for manufacturing of currency paper is 100 per cent cotton sourced from neighbouring countries.

21 May 2018 1:49 PM IST

Petrol costs Rs 5 less per litre there than it does in Telangana.

BJP fall, oil rise to hit markets

Global cues to factor more, says expert.

21 May 2018 1:40 AM IST

Stepping up its surveillance on suspected entities involved in the misuse of stock exchange platform for unlawful activities including tax evasion, money laundering and market manipulation, market regulator Sebi had initiated investigation in 245 new cases during FY17, 84 per cent higher than FY16.

Sebi to consider penal action against PNB, Gitanjali Gems

Sebi last week issued a warning letter to PNB for delaying disclosures to stock exchanges about the fraudulent...

20 May 2018 12:24 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Revenue dept to make businesses file GST returns within deadline

The due date for filing GST summary returns for a month is 20th day of the subsequent month.

20 May 2018 12:15 PM IST