Exports grow 11% in March; trade deficit narrows
India’s exports grew by 11 per cent to $32.55 billion in March on account of higher growth in sectors including pharma, chemicals and engineering, Government data showed on Monday. Imports rose by 1.44 per cent to $43.44 billion during the month. However, trade deficit narrows to $10.89 billion as compared to...
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Businesses with turnover over Rs 2 cr can start filing GST audit reports for FY18
16 April 2019 | PTI -
Falling NPAs can give a 60-bps booster shot to GDP this fiscal
16 April 2019 | PTI -
Millennium Schools launches ‘open door project’
15 April 2019 | PNS -
Airtel partners Cisco to provide connectivity solutions to enterprise business segment
15 April 2019 | PTI -
Jet Airways pilots appeal to SBI for funds, also ask PM to save 20,000 jobs
15 April 2019 | PTI -
Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this yr
15 April 2019 | PTI -
Xebia Partners with SRM University
15 April 2019 | PNS
BoB to complete integration of Dena Bank, Vijaya Bank in 2 yrs
State-owned Bank of Baroda (BoB) is likely to complete the process of merger of Dena Bank and Vijaya Bank with it in two years, said a senior official of BoB. The merger of Dena Bank and Vijaya Bank with BoB became effective from April 1. Information technology platform integration alone will take...
Rajshree Pathy resigns as Jet independent director
Struggling carrier Jet Airways Sunday said its Independent Director Rajshree Pathy has quit the company, effective April 13, citing time constraints and other commitments. “This is to inform you that Rajshree Pathy has submitted her resignation as an Independent Director of the company with effect from April 13, owing to time...
Optimism rising over US, China trade accord
Trade frictions are seen as a the main source of uncertainty for a slowing global economy, but there are more glimmers of hope for a US-China agreement. While there is no deadline for ending the protracted trade war with China, US Treasury Secretary Steven Mnuchin said Saturday the talks are nearing...
RBI net buyer of dlrs for 3rd month in a row, snaps up $825 mn in Feb
The Reserve Bank remained a net buyer of the US dollar for the third consecutive month in February, when itbought $825 million from the spot market, according to the data from the central bank. In the reporting month, the central bank bought $2.086 billion and sold $1.261 billion in the spot...
Financial, operational creditors recover nearly half of total claims in 88 insolvency cases
Nearly half of their total admitted claims worth over Rs 1.42 lakh crore have been recovered by financial and operational creditors from as many as 88 debt-ridden companies under the insolvency law, according to official data. The Insolvency and Bankruptcy Code (IBC) seeks to provide market-determined resolution for stressed assets in...
Modi Govt has major successes in social sector schemes: Panagariya
Former Niti Aayog vice chairman Arvind Panagariya has said the Modi Government has achieved ‘major successes’ in social sector programmes like Ayushman Bharat, PM-Kisan and rural electrification. Besides, this Government has made an ‘unprecedented progress’ in tackling corruption, he added. On the reforms undertaken by the Narendra Modi-led NDA Government, he said...
Indian capital market soars despite global, domestic headwinds
Indian capital market outperformed several major global markets, including the developed ones like the US and the UK as well as developing economies such as China and Brazil, with double-digit returns in the fiscal ended March 2019 despite numerous global and domestic headwinds, data shows. The Indian market benckmark indices also...
