Petrol, diesel see sharp price rise on Sunday

New Delhi (IANS) Transport fuel rates were hiked for the fifth time this month and saw their steepest rise on Sunday, amid global crude oil rates continuing to climb handsomely following the implementation of output cuts by oil producers…

Sovereign gold bonds on sale at Rs 3,214: Government

New Delhi (IANS): A new series of sovereign gold bonds will be available at Rs 3,214 per gram between January 14 and January 18, the government said on Saturday.

Investors who apply and make payment online for the Sovereign Gold Bond Scheme…

RBI defers implementing last tranche of CCB

Mumbai (IANS): Reserve Bank of India (RBI) has deferred the implementation of the last tranche of capital conservation buffer (CCB) till March 31, 2020.

"It has been decided to defer the implementation of the last tranche of 0.625 per…

Manufacturing decelerates India's November industrial output growth rate

New Delhi (IANS): Lower production in the manufacturing sector sharply decelerated India's industrial output growth rate to 0.5 per cent in November from a rise of 8.4 per cent in October and 8.5 per cent during the corresponding period of the…

TCS net up 24 per cent in third quarter

Mumbai (IANS) Tata Consultancy Services (TCS) on Thursday reported Rs 8,121 crore consolidated net profit for the third quarter of fiscal 2018-19, registering a 24 per cent annual growth from Rs 6,545 crore in the same period a year ago.

GST exemption threshold doubled, Kerala allowed to impose calamity cess

New Delhi (IANS): In a major relief for MSMEs and small businesses, the GST Council on Thursday doubled the exemption threshold from Rs 20 lakh to Rs 40 lakh and raised the limit for availing the composition scheme to Rs 1.5 crore from the present…

India to retain status as fastest growing economy in 2019-20: World Bank

United Nations (IANS) Fuelled by policy reforms and rebound in credit, India's economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal year and retain its position as the fastest growing major economy in a world of slowing…

Trade strike hits banks, government offices in Maharashtra

Mumbai (IANS) Most of the central government offices, banks, port trusts and other state government departments wore a deserted look on Tuesday as employees launched a two-day nationwide trade strike, a top organiser said here.

Sensex opens higher over easing trade tension

Mumbai (IANS): The key Indian equity indices opened higher on Monday amid expectation of an ease in the US-China trade tension.

Talks between US and China is scheduled to be held on Monday and Tuesday.

All the sectors on BSE and NSE…

Skills gap puts $1.97 tn growth at risk in India

New Delhi (IANS) India may have to forgo as much as $1.97 trillion in gross domestic product (GDP) growth promised by investment in intelligent technologies over the next decade if the country fails to bridge the skills gap, a new report…