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RBI Deputy Governor S S Mundra (Photo: PTI)

Insolvency cases: S S Mundra says firms free to move higher courts

Mundra's comment came after Gujarat High Court dismissed Essar Steel's plea against RBI to start insolvency proceedings...

26 July 2017 5:13 PM IST

SAIL too is a state-owned firm and is a prime consumer of coking coal as well as a major customer of CILs metallurgical coal.

SAIL supplies 6.2 lakh tonnes of rails to Indian Railways in FY17

However, the enhanced requirement of railways which is 8.2 lakh tonnes of rails could not be met.

26 July 2017 4:32 PM IST

Union minister Nitin Gadkari

Gadkari announces Rs 200 crore for NH repair in flood-hit Assam

Rs 400 crore has been sanctioned for dredging in Brahmaputra which will also check flood.

26 July 2017 4:27 PM IST

The Centre is expected to increase public spending in the budget as private investment is still not picking up.

Govt seeks parliament approval for Rs 10,650 crore extra spending

Additional expenditure includes Rs 700 cr for oil ministry and Rs 500 for price stabilisation fund.

26 July 2017 2:35 PM IST

Cash is back in the circulation as cashless transaction takes a backseat soon after the implementation of the Goods and Service Tax (GST).

RBI ceases to print Rs 2,000 notes; Rs 200 notes likely to roll out in...

This report came after RBI recently announced introduction of Rs 200 notes in banking system.

26 July 2017 12:33 PM IST

Theresa Mays party failed to win a majority in parliament in Britains elections. (Photo: AP)

UK to swicth to an all electric car vehicles regime by 2040

British government has been under pressure to take measures to reduce air pollution.

26 July 2017 12:27 PM IST

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 38 per cent of Indias industrial output.

India will need USD 4.5 trillion by 2040 for infrastructure: report

Rising income levels and economic prosperity is likely to drive significant demand for infrastructure investment.

26 July 2017 11:06 AM IST

According to depository data FPIs infused a net sum of Rs 9,628 crore in equities.

Govt bonds oversubscribed; FPIs bid for USD 2.3 billion

FPIs bid for investment limits in govt debt securities worth Rs 14,698 crore as against Rs 10,922 crore.

26 July 2017 10:19 AM IST

Commerce Secretary Rita Teaotia

Looking at measures in FTP to support exporters: Commerce Secretary

Show will give an opportunity to Indian exporters to showcase their wide range of products in the food sector.

26 July 2017 9:52 AM IST

Niti Aayog has proposed several reforms that will allow farmers to double their incomes.

GDP in last 2 yrs of UPA rule worse than 'policy logjam' scene: Niti

When measured at factor cost, real GDP growth under old methodology was 4.5 per cent in 2012-13 and 4.7 per cent in...

25 July 2017 9:01 PM IST

The incident happened at Bank of Maharashtra, when lots of customers were present and the bank staff was busy with transactions. (Representational image)

76 banks report 5,076 cases of active banking frauds

State Bank of India reported 544 cases of such frauds that caused a loss of Rs 1,91,295 lakh.

25 July 2017 8:16 PM IST

Income-Tax department has started the process of engaging private entities to match the data with I-T return or other information of assessees.

Over 6.83 lakh firms have PAN but did not file I-T returns: Gangwar

The number of such companies who have PAN but did not file I-T retuns have increased over past five years

25 July 2017 7:30 PM IST