Business
Stock Market Indices Won't Contribute to GDP Growth, Says Former President Pranab
Whatever little impact these indices will contribute to the GDP growth, they will not create a single job, Mukherjee said while delivering a talk organised by Ravenshaw University Development Trust here this evening.
India, World Bank Ink $98 Million Loan Pact for Clean Energy
The Shared Infrastructure for Solar Parks Project will finance Indian Renewable Energy Development Agency Ltd (IREDA), to provide sub-loans to states to invest in various solar parks, the World Bank said in a statement.
All is Well in Infosys, Says Narayana Murthy
"Absolutely, all is well. Remember, in my speech with the investors, I said now that we have Nandan Nilekani as the chairman, we can all sleep well," he told reporters after the announcement of winners of Infosys Prize for 2017-18.
Jet Airways in 'Serious Talks' For 75 More Boeing 737 Max Planes
The airline said last month it had agreed to buy 75 of the aircraft and that it could acquire another 75 to help it expand in a booming Indian market.
Higher Food Prices Accelerate Retail Inflation in October
According to the data furnished by the Ministry of Statistics & Programme Implementation, October's consumer price index (CPI) inflation rose to 3.58 percent from 3.28 percent reported for September.
Govt to Start Rs 34,000 Crore BharatNet Phase 2 from Today
Under the project, the government aims to connect 1.5 lakh panchayats through 10 lakh kilometres of additional optical fibre and give bandwidth to telecom players at nearly 75 percent cheaper price for broadband and Wi-Fi services in rural areas.
Sensex Recovers 245 Points on Value-buying, Global Cues
The 30-share barometer, which had lost 512.38 points in the previous two straight sessions, was trading higher by 244.99 points, or 0.73 per cent, to 33,463.80, with all the sectoral indices led by oil & gas, realty, PSU and metal trading in green.
Make Products Beautifully in India: Babul Supriyo Urges SMEs
"When we talk about Make in India why not do it beautifully in India. When you have one of the best educational institutions in the world as IIT Kharagpur," Babul Supriyo told reporters.
Wedding Bells Set to Ring in Fresh Gold Demand in India
Gold is considered an essential part of weddings in India, second-biggest consumer of the metal in the world after China, and it is a popular gift on such occasions.
SBI Cuts Benchmark Lending Rate by 0.05 Percent Across Maturities
The reduction in marginal cost of funds based lending rate (MCLR) came after a gap of almost 10 months. The bank had last cut the rate on January 1.
Govt Extends Deadline For Return Filing of Audit Reports to November 7
This is the second extension given to them after the first deadline expired on September 30 and it was extended till October 31.
Sensex, Nifty Come Off Record, US Fed Meet up in Focus
The BSE 30-share barometer fell by 66.99 points, or 0.20 per cent, to 33,199.17. Yesterday, it had closed at an all-time high of 33,266.16.
KTR Requests Centre to Hold India Telecom Summit 2018 in Hyderabad
Telangana government plans to announce an industrial park dedicated to telecom manufacturing.
Sensex Ends at New Peak, Posts Best Weekly Gain Since Jan 27
The broader NSE Nifty slipped from its lifetime high to close at 10,323.05, down 20.75 points, or 0.20 per cent.
RBI Governor Urjit Patel Welcomes Govt’s ‘Monumental’ Bank Recapitalisation Plan
In a statement posted on the RBI website, Patel said that a well-capitalized banking system creates a virtuous cycle of investment and job creation and is a prerequisite for stable economic growth.
Bangladesh Signs Gasoil Import Deal With India
Under the deal, Bangladesh Petroleum Corp (BPC) will take up to 250,000 tonnes of gasoil each year from Numaligarh Refinery Limited (NRL) for the first three years of the deal to the BPC's northern fuel depot via a 131-km (79 mile) pipeline, which will be...