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Efforts are on to bring changes in farmers’ lives

Thursday, 09 Aug 2018 | Radhamohan Singh

Under the guidance of Prime Minister Narendra Modi, enthusiastic and positive results of the sustained efforts made for the betterment of agriculture sector and farmers are visible. The Modi Government is committed for the welfare of farmers. As a result of which, there has been a qualitative improvement in their...

NSE Chief: Working on SGX issue

Thursday, 09 Aug 2018 | PTI | New Delhi

Locked in arbitration proceedings with SGX, the National Stock Exchange today said it is working on a “structure” to address the issues and more clarity is likely to emerge in the next two-three weeks. The matter relates to a tussle between the NSE and Singapore Exchange (SGX) over launch of some...

NHAI suffers Rs 400 cr loss on non-recovery

Thursday, 09 Aug 2018 | PTI | NEW DELHI

National Highways Authority of India (NHAI) suffered losses of about Rs 400 crore on various counts including undue favour to developers by not recovering damages for project delays, Government auditor CAG has said. Indicting NHAI for undue favour to a developer on a stretch, CAG in its latest report said it...

Markets scale new peaks on RIL push

Thursday, 09 Aug 2018 | PTI | Mumbai

Benchmarks rallied to fresh lifetime highs on Wednesday on persistent investor appetite for market heavyweight RIL, while the broader buying momentum got a fillip after IMF underlined India’s role as a source of global growth. The BSE Sensex vaulted 221.76 points to close at a new peak of 37,887.56. The broader...

Exporters need to diversify export basket: Prabhu

Thursday, 09 Aug 2018 | PTI | New Delhi

Commerce and Industry Minister Suresh Prabhu on Wednesday asked exporters to diversify trade basket and explore markets such as Africa and Latin America to expand overseas shipments. He said that a comprehensive strategy was being worked out to boost the country’s exports. “We need to diversify our export basket and also look...

Maruti introduces AGS in top trims of Swift

Thursday, 09 Aug 2018 | PTI | New Delhi

Maruti Suzuki India (MSI) on Wednesday introduced auto gear shift (AGS) option in top-end variants of its premium hatchback Swift, priced up to Rs 8.76 lakh (ex-showroom Delhi). The top-end petrol variant of the model with AGS is priced at Rs 7.76 lakh while the top-end diesel trim is tagged...

Balrampur Chinni Q1 profit down 39% at Rs 74 crore

Thursday, 09 Aug 2018 | PTI | New Delhi

Balrampur Chinni Mills on Wednesday reported 39 per cent decline in its net profit at Rs 73.58 crore for the quarter ending June due to lower sales margin in sugar business. Its net profit stood at Rs 120 crore in the year-ago period, the Kolkata-based firm said in a regulatory...

Indian banks take about Rs 70,000-cr hit due to frauds

Wednesday, 08 Aug 2018 | PTI | New Delhi

Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018, the Rajya Sabha was informed on Tuesday. The extent of loss in fraud cases reported by scheduled commercial banks (SCBs)for 2015-16, 2016-17 and 2017-18 was Rs...

Business Corner

Wednesday, 08 Aug 2018 | PNS

Tata Nexon gets 4-star rating from Global NCAP New Delhi: Tata Motor’s compact SUV Nexon has received four stars from Global NCAP based on the crash test results done by the UK-based vehicle safety group. The compact SUV received 4 stars for adult occupant protection and three stars for child...

Adani Transmission PAT doubles to Rs 169 cr in Q1

Wednesday, 08 Aug 2018 | PTI | New Delhi

Adani Transmission Ltd (ATL) on Tuesday posted over two-fold jump in consolidated Profit After Tax (PAT) at Rs 169.34 crore for June quarter on the back of higher revenues. The company’s PAT in April-June 2017-18 stood at Rs 84.10 crore, ATL said in a BSE filing. The company received Rs 543...


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K’taka CM plants paddy saplings in solidarity with agriculturists

12 Aug 2018 | Kestur Vasuki | Bengaluru

Karnataka Chief Minister HD Kumaraswamy who is facing wrath from the farmers in the State, in an appealing gesture planted paddy saplings in solidarity on Saturday. He chose Aralukuppe village in Mandya district the heart land of vokkaliga politics sowed paddy saplings in a muddied agriculture field amidst a large gathering...

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Cooperation of all necessary to achieve target: Ramsheela Sahu

15 Aug 2018 | Staff Reporter | Raipur

State of Chhattisgarh is moving faster from malnutrition to normal. But on the path, to achieve the target cooperation of all is required, said women and child development minister Ramsheela Sahu...

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