Business

In an exclusive interview to Network 18, Finance minister Arun Jaitley on Saturday said that if global crude oil prices remain within manageable limits and the monsoon rains were normal this year, India could look at a faster growth rate.

According to the minister, the national carrier would be offered for bidding as four different entities. Air India, its low-cost arm Air India Express and subsidiary AISATS would be one entity while regional arm Alliance Air would be a separate entity.

Budget 2018 focusses on “welfare schemes” that would raise the standard of living of poorest of poor, says Prime Minister Narendra Modi.

With fiscal deficit a big worry for Arun Jaitley, underutilised cess will play a key role in Budget 2018. At least Rs 1.3 lakh crore ($26 billion), or 41%, of cess collected has not been used, according to a Comptroller Auditor General of India (CAG) repo...

New employment policy blueprint will be shaped by economic, social and labour policy interventions and is expected to incentivise employers to create more jobs, introduce economic reforms appealing to companies, along with supporting the medium and small...

The rupee opened lower by 1 paise at 63.61 against previous close of 63.60. It dropped to a low of 63.68 amid fall in domestic stock exchanges.

By 2025, Indian budget carriers will operate close to 40 wide-bodied aircraft, which could deliver an additional 2 million annual outbound leisure travellers to places such as New York and Sydney.

The 30-share index remained in the negative zone for the major part of the session and lost 68.71 points, or 0.19 per cent to finish at 35,965.02. Intra-day, it shuttled between 35,818.41 and 36,050.69.

Employees' Provident Fund Organisation (EPFO) has discontinued the physical submission of the form.

Forex dealers said increased month-end demand from banks and importers and a weak opening in the domestic equity markets weighed on the domestic unit.

“Minimising susceptibility to climate change requires drastically extending irrigation via efficient drip and sprinkler technologies and replacing untargeted subsidies in power and fertilizer by direct income support,” said the report.

The CEA said this was because the government was standing in solidarity with women’s movements across the country.

Swadeshi Jagran Manch (SJM) co-convener Ashwani Mahajan also said that the government should have looked into the way technology was used to launder black money outside India.

In a latest report, the World Gold Council (WGC) said that Cryptocurrencies may become an established part of the financial system, but golds role as a mainstream financial asset will likely continue to resonate in todays digital world.

Stating that the government wants to improve access to quality education, Human Resource Development Minister Prakash Javadekar said it is because the Modi government has found out that in parts of the country there is either digital or education divide.

The unprecedented Rs 2.1 lakh crore bank recapitalization plan announced in October last year will be spread over two financial years - 2017-18 and 2018-19.