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The huge rush for the Houses of All scheme has left the Kakinada Municipal Corporation (KMC) searching for land to build dwellings. The Smart City project also covers building huoses for the poor.Business
Affordable home-loans next threat to banks: Moody's-Icra report

Housing loans continue to be seen as the best performing retail loan asset class in the country.

9 Jan 2018 9:43 AM IST

Railway Minister Suresh PrabhuBusiness
States may get sops for exports, says Suresh Prabhu

He has sought the views of states on the issue, which was raised during the third meeting of Council for Trade...

9 Jan 2018 2:17 AM IST

Mr Kumar, however, opines that the Budget will mainly focus on improving the welfare of common man.Business
Budget won't be populist: Niti Aayog vice chairman Rajiv Kumar

Niti VC: Centre unlikely to look at votes.

9 Jan 2018 2:13 AM IST

Data released by industry bodies Nasscom and Assocham has revealed the city has about 14 per cent of the 900 major R&D units in the IT and ITeS sectors in the country.Business
Don't resort to knee-jerk reax: Assocham to govt on GST slip

GST collections slipped for second straight month to Rs 80,808 crore in Nov, down from over Rs 83,000 crore.

8 Jan 2018 3:32 PM IST

Big names were reluctant to associate with the Kerala Tourism brand. Celebrities it approached had either rejected or accepted it only to drop it.Business
India plans to boost tourism, travel in annual budget: sources

According to an industry report, tourism employs 40 mn people in India and could add 10 mn jobs in a decade.

6 Jan 2018 1:06 PM IST

A file photo of container cargo ship and containers at Visakha Container Terminal Private Limited in Visakhapatnam.Business
Cargo traffic at major ports up 3.64 pc during Apr-Dec to 499 million...

During April to December 2017, Kandla Port handled the highest volume of traffic at 81.12 million tonnes.

6 Jan 2018 12:33 PM IST

Another worrying ground truth is the widening discrepancy between sectoral growths and GDP growth.Business
GDP growth seen at four-year low

GDP had grown by 7.1 per cent in FY17, 8 per cent in FY16 and 7.5 per cent in FY15.

6 Jan 2018 1:16 AM IST

60 per cent of companies, which participated in CII survey, expect real GDP growth to range between 7-8 per cent in FY17.Business
GDP growth seen at four-year low of 6.5 per cent in 2017-18: CSO

Gross Domestic Product was 7.1 per cent in 2016-17 and 8 per cent in the preceding year.

5 Jan 2018 6:23 PM IST

The Income Tax Department will soon issue notices to those who have deposited \suspicious\ amounts of money in banks post-demonetisation and have not responded to taxmans preliminary communication. (Photo: PTI)Business
Govt collects Rs 38,000 crore as compensation cess between July-Nov

Centre has released Rs 24,500 crore to the states to compensate for losses suffered between July-October.

5 Jan 2018 6:20 PM IST

Although vigilance proceeding against directors are carried out by the Finance Ministry, the department proceedings or criminal proceedings against officials are carried out by bank itself.Business
Credit Enhancement Fund to be launched by March: Finance Ministry

Raising the credit rating of these companies would help easier access to institutional financing.

5 Jan 2018 5:04 PM IST

Mumbai plans to launch a high-speed urban rail network to ease the pressure on its age-old suburban railways. (Photo: PTI/Representational)Business
Railways earned additional Rs 671 crore through flexi fare

Under flexi fare formula, base fare increases from 10 pc to 50 per cent with every 10 pc of berths booked.

5 Jan 2018 4:27 PM IST

NITI Aayog, along with Nasscom and telecom operators, will also be launching a helpline for all digital payments-related queries soon. (Photo: Representational Image)Business
NPCI's digital payments platform transactions jump in December

Transactions on UPI rose exponentially post July last year, when the number was 11.44 million.

5 Jan 2018 11:14 AM IST

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