Business
ONGC Raises Rs 180 Billion from Banks to Buy Refinery Stake
ONGC, which is raising debt for the first time, said the one-year loan comprised Rs 106 billion rupees from Punjab National Bank, 44.60 billion rupees from Bank of India and 30 billion rupees from Axis Bank.
8 Budget Speeches that Changed India's Economy
Here is a list of 8 Budget speeches delivered by former Finance Ministers.
Fuel Prices on Fire, Oil Ministry Seeks Cut in Excise Duty on Petrol, Diesel in Budget
The oil ministry officials said the addition of refined products in GST will help reduce retail prices even if the government levies a charge on top of its highest GST rate of 28 percent.
It’s Time For India to be a Statesman, Not Just Salesman: Uday Kotak
Kotak said China took a position last year that it was an open platform for the world economy, while Trump is championing America First, so India needs to position itself uniquely.
India's Fiscal Deficit May Widen to 3.5% in FY19, Says Report
Morgan Stanley report stated that overall spending on rural/social schemes is expected to stay stable as a percentage of GDP and policymakers will continue to focus on ensuring the efficiency of public spending.
Assocham Seeks Higher Outlay for Education in Budget
In a letter to Finance Minister Arun Jaitley, the chamber argued that with external state regulation and risk of agitation in the campus, higher educational institutions can neither absorb the new tax burden nor pass on the same via increase in fees.
PM Modi to Host 120 Global CEOs, Pitch for Fourth Industrial Revolution at World Economic Forum in Davos
CEOs of companies such as Google, Microsoft, Nike, Citibank, Volkswagen, Mitsubishi, Sony, Philips, HSBC and Unilever, etc, are likely to join the dinner to be hosted by PM Modi.
TCS Bags Over USD 690 Million Deal From M&G Prudential
Under the contract, TCS will digitally transform M&G Prudential's business and deliver enhanced service for its UK savings and retirement customers, TCS said in a statement.
Diesel Price Rises to New Record Level, Petrol Touches 3-year High
Petrol price rose to Rs 71.18 per litre in Delhi on Monday, the highest since August 2014, according to daily fuel price list of state-owned oil firms.
No Let-up in Crude Prices Before March: Report
Brent crude doubled in the past one year and touched $70 a barrel mark on Thursday, the highest since December 2014. Brent was $32.1 a barrel in January 2016 and USD 64.1 in December 2017.
Fate of Pending Bills to Clear Cloud on H-1B Visa Norms: TCS
The company will continue with its policy of planning in advance and continue with its steps like stepping up local hiring across, he added.
Delhi HC Refrains from Staying Patanjali's Toilet Cleaner Ad
The court asked Baba Ramdev's Patanjali Ayurved Ltd to file its response within 10 days on the allegations made by Reckitt in its suit, claiming that Patanjali had infringed its copyright as the labels on its toilet cleaner were identical to that of Harpi...
FDI in Air India Means no Preferential Treatment to it: Ashok Gajapathi Raju
The Union Cabinet has decided to allow foreign investments, including from foreign airlines, to upto 49 percent in Air India, provided that substantial ownership and effective control of the airline is vested in an Indian national.
Financial Bids for all 12 Large NPA Accounts by Month-End: SBI
Non-performing Assets (NPAs) of public sector banks have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.78 lakh crore in March 2015.
What 100% FDI in Single-Brand Retail Means for the Average Indian Shopper
With the Narendra Modi government allowing 100% FDI in multi-brand retail, the Indian consumer will have more brands to choose from.
Rupee Rebounds 6 Paise Against Dollar in Early Trade
Forex dealers said persistent inflows of foreign funds and weakness in the dollar against other currencies overseas supported the domestic unit.