Business

Experts aren’t convinced the economy needs more easing at a time when the outlook for core inflation remains elevated and the government's latest populist measures ahead of the general election would weigh on prices.

The CBDT said there were reports that those PANs which are not linked with Aadhaar number by March 31 may be invalidated, following which the matter was considered by the government and the date extended till September 30.

Current Account Deficit increased to 2.6 per cent of GDP during the April-December 2018 period, from 1.8 per cent in April-December 2017 on the back of widening of the trade deficit.

Forex dealers said, strengthening of the American currency in overseas market weighed on the domestic currency.

The long-expected agreement ends more than nine months of start-and-stop negotiations between the two companies and hands Uber a much-needed victory after a series of overseas divestments.

By taking over majority equity and management of Jet Airways, the government — through banks and other institutions — has shown that managing optics is far more important than plain common sense.

The company sells Kwid hatchback with both 0.8 litre and 1 litre powertrains mated with manual and automated transmission options.

The fraud was on account of 'diversion of funds', the lender said in a BSE filing.

People say politics is a dirty game, but who is going to change it unless we take charge? Citizens’ voice should be heard in Parliament, says Prakash Raj, who is set to file his nomination from Bangalore Central as an Independent candidate.

Details about the Indian economy would be revealed in the upcoming World Economic Outlook (WEO) survey report to be released by the IMF ahead of the annual spring meeting with the World Bank next month

On Tuesday, the pilots' body warned that they would stop flying from April 1 unless there is clarity on the resolution process and salary dues by end of this month.

The transaction includes assignment of all hotel management contracts currently in operation as well as all under-development, along with the employees of the hotels, Hotel Leela Venture said in a BSE filing.

Jet's financial troubles have rekindled memories of Kingfisher Airlines' collapse in 2012 that forced lessors to write off millions of dollars.

The government’s over indulgence in Jet’s affairs also becomes evident when one considers the bailout plan, which involves lenders, including state-owned banks and a government investment fund.

The airline is reported to have raised foreign currency term loans worth 11 billion rupees and a non-fund based credit facility of 9.50 billion rupees from PNB.

Garg, 58, a 1983 batch IAS officer of Rajasthan cadre, has been working as the Secretary in Department of Economic Affairs since June 2017.