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Headline
R&D centre for clean coal unveiled in Bengaluru
Bengaluru, Sep 16 (IANS) Union Minister of Science and Technology Harsh Vardhan on Monday opened the national centre for clean coal research and development at the Indian Institute of Science's (IISc) campus here.
2019-09-16
Category: India, Karnataka,National,Business/Economy,Environment/Wildlife,Technology
RBI expands BBPS coverage to all categories
Mumbai, Sep 16 (IANS) The Reserve Bank of India on Monday expanded the Bharat Bill Payment System coverage to included all categories of billers, except prepaid recharges.
2019-09-16
Category: India, Maharashtra,Business/Economy
SoftBank Group Corp keen to invest in Andhra
Hyderabad, Sep 16 (IANS) SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.
2019-09-16
Category: India, Andhra Pradesh,Business/Economy
Wipro ties up with German i4.0 for digital manufacturing
Bengaluru, Sep 16 (IANS) Global software major Wipro on Monday tied up with German i4.0 Maturity Centre GmbH to make manufacturing digital end-to-end.
2019-09-16
Category: India, Karnataka,Business/Economy,Technology
GM, TCS launch partnership for global vehicle engineering
New Delhi, Sep 16 (IANS) Automobile manufacturer General Motors and IT major Tata Consultancy Services on Monday entered into a partnership for future global vehicle engineering.
2019-09-16
Category: India, Delhi,Business/Economy
India in dialogue with US to resolve trade issues: Goyal
New Delhi, Sep 16 (IANS) Union Commerce Minister Piyush Goyal on Monday said that Indian government is in continuous dialogue with the US to resolve trade differences.
2019-09-16
Category: India, Delhi,Business/Economy
Govt nudges Apple Inc to increase Indian operations' scope
New Delhi, Sep 16 (IANS) Hailing its presence in the country, IT Minister Ravi Shankar Prasad on Monday asked Apple Inc to scale up operations in India from its current presence where the US-based smartphone maker and technology giant has just started manufacturing phones and components for both domestic use and exports purpose while Revenue Department has assured it would look into the levies issues in the sector.
2019-09-16
Category: India, Delhi,Business/Economy
Blockchain deployment in Fin services 3 years away: Gartner
Cape Town, Sep 16 (IANS) Lack of inter-operability standards will prevent widespread blockchain deployment across financial services ecosystem for at least three years, according to research firm Gartner.
2019-09-16
Category: International, South Africa,Business/Economy,Technology
Subsidies, exemptions galore in TN Electric Vehicle Policy
Chennai, Sep 16 (IANS) The Tamil Nadu Electric Vehicle Policy 2019 released here on Monday by Chief Minister K.Palaniswamy offers subsidies on investment and land cost and exemptions from State Goods and Services Tax (SGST), land registration fees and electricity tax for the investors.
2019-09-16
Category: India, Tamil Nadu,Business/Economy
Congress demands Gangwar's apology for 'North Indian' comments
New Delhi, Sep 16 (IANS) The Congress party on Monday slammed Union Labour Minister Santosh Gangwar for his comments on North Indian youth, saying that the Minister should either apologise for his remarks or admit that the Central government believes that North Indian youth are essentially incapable.
2019-09-16
Category: India, Delhi,National,Politics,Business/Economy
Now, BJP-ruled Assam presses hold button on auto rate cut
New Delhi, Sep 16 (IANS) Days after Kerala vehemently opposed proposal to cut tax rate on automobiles to 18 per cent from 28 per cent now, BJP-ruled Assam has said knee-jerk reaction is not warranted over the issue as concessions may not always push production and they fade away in time.
2019-09-16
Category: India, Delhi,Business/Economy
ED slaps Rs 230 cr fine on PwC for FEMA violations
New Delhi, Sep 16 (IANS) The Enforcement Directorate's (ED) adjudicating authority slapped a Rs 230.40 crore penalty for the Foreign Exchange Management Act (FEMA) violation on global accounting firm PricewaterhouseCoopers (PwC) and six others, officials said on Monday.
2019-09-16
Category: India, Delhi,National,Crime/Disaster/Accident,Business/Economy
Motorola launches first smart TV in India, Moto e6s phone
New Delhi, Sep 16 (IANS) Following the footsteps of Chinese smartphone maker Xiaomi, Lenovo-owned Motorola has ventured into the consumer durables space with the launch of a smart TV for the first time in India on Monday.
2019-09-16
Category: India, Delhi,Business/Economy,Technology
Nearly 50,000 General Motors workers slated to go on strike
Washington, Sep 15 (IANS) Almost 50,000 General Motors workers are slated to strike work across the US after the nation's biggest carmaker failed to reach a pay and conditions deal with their union, reports said on Sunday.
2019-09-15
Category: International, United States,Business/Economy
Week ahead would trade with positive bias (Column: Market Watch)
The week saw markets making some gains and confidence returning. US and China relations too improved, with China taking the first step by agreeing to buy US farm produce and removing the duties that were slapped by them. In reciprocation US deferred the increase in duties that were to happen. All this leads to hope that the US-China trade dispute would get resolved sooner than later.
2019-09-15
Category: India, Punjab,Business/Economy,Opinion/Commentary
Tata, Vedanta mining leases end in March; Govt for fresh auctions
New Delhi, Sep 15 (IANS) In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50 year period in March, 2020.
2019-09-15
Category: India, Delhi,Business/Economy
Cox & Kings and the family of wealth destroyers
Mumbai, Sep 15 (IANS) Apart from the general weakness in the financial markets at present, sharp fall in some prominent stocks have taken retail investors by surprise.
2019-09-15
Category: India, Maharashtra,Business/Economy
Tata, Vedanta mining lease ends in March; Govt for fresh auctions
New Delhi, Sep 15 (IANS) In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50-year period in March, 2020.
2019-09-15
Category: India, Delhi,Business/Economy
INOX launches third multiplex in Punjab
Jalandhar, Sep 14 (IANS) INOX Leisure Ltd. (INOX) on Saturday launched its first multiplex in the city at Reliance Mall, the third in Punjab.
2019-09-14
Category: India, Punjab,Business/Economy,Cinema/Showbiz
Attack at Aramco, trade optimism to boost oil prices: Expert
Mumbai, Sep 14 (IANS) Drone attacks at the world's largest oil processing facility of Aramco in Saudi Arabia and the recent optimism in US-China trade relations could boost oil prices, analysts have said.
2019-09-14
Category: India, Maharashtra,Business/Economy
Biocon to make 3 generic drugs in China
Bengaluru, Sep 14 (IANS) Biotechnology major Biocon would make three generic drugs for hard-selling in China through partnership, the company said on Saturday.
2019-09-14
Category: India, Karnataka,National,Health/Medicine,Business/Economy
FM administers booster shot to push exports, housing (2nd Lead)
New Delhi, Sep 14 (IANS) With GDP growth sliding to a six-year low of 5 per cent in the April-June quarter along with several sectors facing a slowdown, Finance Minister Nirmala Sitharaman on Saturday announced a fresh set of measures worth around Rs 60,000 crore to boost exports and the housing sector.
2019-09-14
Category: India, Delhi,Business/Economy
FTA Utilisation Mission to be set-up for export promotion
New Delhi, Sep 14 (IANS) To boost exports, Finance Minister Nirmala Sitharaman on Saturday announced setting-up of an 'FTA Utilisation Mission' to enhance awareness of preferential duty benefits among MSMEs.
2019-09-14
Category: India, Delhi,Business/Economy
Traders body wants Amazon, Flipkart's festival sales banned
New Delhi, Sep 14 (IANS) Just a couple of days after Flipkart announced the dates of its "The Big Billion Days" sale, the Confederation of All India Traders (CAIT) has written to the government seeking a "blanket ban" on festive season sales conducted by the e-commerce giant as well as its rival Amazon and other such platforms.
2019-09-14
Category: India, Delhi,Business/Economy,Technology
E-assessment scheme to curb human interface: Tax dept
New Delhi, Sep 13 (IANS) In its bid to curb corruption by making tax filing and their review faceless, the government has come out with e-assessment scheme, 2019 making it mandatory for all communication between tax department and taxpayers to be done online.
2019-09-13
Category: India, Delhi,Business/Economy
Huawei plans selling access to its 5G tech: Report
London, Sep 13 (IANS) Amid the US-China trade war, Huawei has disclosed that the company is willing to share its know-how of existing 5G technology for a fee with a western firm.
2019-09-13
Category: International, United Kingdom,Business/Economy,Technology
US Treasury mulls issuing 50-year bonds
Washington, Sep 13 (IANS) US Treasury Secretary Steven Mnuchin said that his department was seriously considering issuing 50-year bonds as soon as next year.
2019-09-13
Category: International, United States,Business/Economy
Yes Bank promoters seek probe against short sellers hammering the stock
Mumbai, Sep 13 (IANS) Yes Capital and Morgan Credit have written to the Surveillance and Investigation Department, National Stock Exchange, asking them to investigative and act against rumours spread against Yes Bank, causing damage to share value and opening up the field to short sellers.
2019-09-13
Category: India, Maharashtra,Business/Economy
Sensex opens 70 points higher, Nifty above 11,000
Mumbai, Sep 13 (IANS) Sensex and Nifty opened marginally higher on Friday.
2019-09-13
Category: India, Maharashtra,Business/Economy
Regulate but don't ban E-cigarettes: Traders to govt
New Delhi, Sep 13 (IANS) With over 100 million smokers in India, regulations and education can be the key to provide safer alternative to tobacco smoking.
2019-09-13
Category: India, Delhi,National,Health/Medicine,Politics,Business/Economy
RBI reduces risk weight for consumer credit
Mumbai, Sep 12 (IANS) To ease liquidity and boost demand, the Reserve Bank of India on Thursday notified the reduction in risk weightage for consumer credit, excluding credit card receivables.
2019-09-12
Category: India, Maharashtra,Business/Economy
Mahindra launches subscription service for its vehicles
Mumbai, Sep 12 (IANS) Automobile major Mahindra & Mahindra (M&M) has partnered with self-drive car rental firm Revv to roll out a subscription-based service for retail buyers of its personal range of vehicles.
2019-09-12
Category: India, Maharashtra,Business/Economy
July factory production up; so is August retail inflation (Roundup)
New Delhi, Sep 12 (IANS) India's economic health showed signs of recovery as factory production expanded in July, whereas the country's August retail inflation remained largely subdued with a marginal rise.
2019-09-12
Category: India, Delhi,Business/Economy
Railways defers BSC on all freight traffic
New Delhi, Sep 12 (IANS) With the economic slowdown affecting industries, the Indian Railways has deferred busy season surcharge (BSC) of 15 per cent on all freight traffic.
2019-09-12
Category: India, Delhi,National,Politics,Business/Economy
EU Commissioner-designate welcomes ECB stimulus measures
Rome, Sep 12 (IANS/AKI) Italy's former centre-left Premier and the European Union's next Economic Commissioner Paolo Gentiloni, on Thursday praised fresh stimulus measures to bolster the eurozone which were unveiled by the European Central Bank.
2019-09-12
Category: International, Italy,Diplomacy,Business/Economy
Financial bids for Adlabs loan put off to Sept 17
Mumbai, Sep 12 (IANS) The Union Bank of India-led consortium has postponed the financial bids invitation for Adlabs Entertainment loan auction till September 17.
2019-09-12
Category: India, Maharashtra,Business/Economy
Auto industry veteran Subbu to head Ampere Vehicles board
Bengaluru, Sep 12 (IANS) Indian engineering major Greaves Cotton's subsidiary Ampere Vehicles Ltd on Thursday said it appointed auto industry veteran B.V.R. Subbu as Chairman of its board to steer it in the emerging electric vehicles (EV) segment.
2019-09-12
Category: India, Karnataka,Business/Economy
Goa loses arbitration award appeal against Reliance Infra
Panaji, Sep 12 (IANS) A court here on Thursday ruled against the Goa government in an appeal challenging an arbitration award in favour of Reliance Infrastructure Ltd over a power purchase dispute, directing the state to pay the company Rs 292 crore plus interest.
2019-09-12
Category: India, Goa,Business/Economy,Immigration/Law/Rights,Politics
Aug retail inflation up at 3.21% on high food prices
New Delhi, Sep 12 (IANS) Higher food prices pushed up India's August retail inflation to 3.21 per cent from 3.15 per cent in July, official data showed here on Thursday.
2019-09-12
Category: India, Delhi,Business/Economy
Telecom sector success by imports but time to change: Goyal
New Delhi, Sep 12 (IANS) Commerce Minister Piyush Goyal on Thursday attributed the telecom revolution in the country to imports but stressed the need to start building up capacities to replace them with domestic products, while weeding out undesirable imports.
2019-09-12
Category: India, Delhi,Business/Economy
India's July factory output grows at 4.3%
New Delhi, Sep 12 (IANS) India's factory output growth rate accelerated in July by 4.3 per cent from a rise of 1.17 per cent reported for June, official data showed on Thursday.
2019-09-12
Category: India, Delhi,Business/Economy
India Yamaha Motor inks 3-year wage agreement
Chennai, Sep 12 (IANS) Two-wheeler maker India Yamaha Motor (IYM) has concluded a three-year wage agreement with the India Yamaha Motor Thozhilalar Sangam, internal union of workers.
2019-09-12
Category: India, Tamil Nadu,Business/Economy
India's July factory output grows at 4.3%
New Delhi, Sep 12 (IANS) India's factory output growth rate accelerated in July by 4.3 per cent from a rise of 1.17 per cent reported for June, official data showed on Thursday.
2019-09-12
Category: India, Delhi,Business/Economy
Aug retail inflation up at 3.21% on high food prices
New Delhi, Sep 12 (IANS) Higher food prices pushed up India's August retail inflation to 3.21 per cent from 3.15 per cent in July, official data showed here on Thursday.
2019-09-12
Category: India, Delhi,Business/Economy
Goyal mixes up Einstein with gravity on growth pep talk
New Delhi, Sep 12 (IANS) Commerce Minister Piyush Goyal on Thursday inadvertently erred in attributing the theory of gravity to Albert Einstein while asking the industry not to get into nitty gritties of calculations of growth which requires 12 per cent rate to achieve the envisaged $5 trillion economy.
2019-09-12
Category: India, Delhi,Business/Economy
'Consumer sentiments weak but growth not falling off a cliff'
Mumbai, Sep 12 (IANS) Broking firm HSBC Securities on Thursday said consumer sentiments appear weak and the slowdown persists though growth is not "falling off a cliff".
2019-09-12
Category: India, Maharashtra,Business/Economy
What to do with unsold Amrapali flats, SC asks NBCC, others
New Delhi, Sep 11 (IANS) The Supreme Court on Wednesday asked the National Buildings Construction Corporation (NBCC) and others to suggest methods to deal with unsold flats of real estate group, the Amrapali Group with worth Rs 2,337 crore.
2019-09-11
Category: India, Delhi,Business/Economy,Immigration/Law/Rights
India has requested Japan, S Korea to review FTAs: Goyal
New Delhi, Sep 11 (IANS) Union Commerce Minister Piyush Goyal on Wednesday said that South Korea and Japan have been requested for a review of their respective Free Trade Agreements (FTAs) with India.
2019-09-11
Category: India, Delhi,Business/Economy
SC gives green signal for probe against Uber
New Delhi, Sep 11 (IANS) Giving a green signal to the probe against Uber for predatory pricing and abuse of dominant position, the Supreme Court has refused to interfere in the order passed by the Competition Appellate Tribunal.
2019-09-11
Category: India, Delhi,Business/Economy,Immigration/Law/Rights
Sensex ends 125 points higher, Yes Banks ends 13% higher
Mumbai, Sep 11 (IANS) Amid signs of easing trade tension between the US and China and expectations of more measures by the Central government to push growth, the Sensex advanced by 125 points on Wednesday.
2019-09-11
Category: India, Maharashtra,Business/Economy