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RBI panel suggests setting up of govt sponsored intermediary through NHB

RBI panel suggests setting up of govt sponsored intermediary through NHB

The RBI panel suggested that the entity will start with Rs 500 crore of initial capital.

Sep 11, 2019, 12:56 PM IST
Train hostess, pick & drop facilities: IRCTC set to redefine train travel with new Tejas Express along Delhi-Lucknow route

Train hostess, pick & drop facilities: IRCTC set to redefine train travel with new Tejas Express along Delhi-Lucknow route

The private operator to run the Tejas Express will be selected through a bidding process and the train is expected to be launched in the first week of October.

Sep 11, 2019, 08:36 AM IST
PM Modi, Nepal PM jointly inaugurate 69-km Motihari-Amlekhganj pipeline via video conference

PM Modi, Nepal PM jointly inaugurate 69-km Motihari-Amlekhganj pipeline via video conference

PM Modi said that the 69-km Motihari-Amlekhgunj pipeline, having a capacity of 2 million metric ton per annum, will provide cleaner petroleum products at affordable cost to the people of Nepal.

Sep 10, 2019, 16:01 PM IST
FM Sitharaman addresses media on 100 days of Modi 2.0; touches upon GDP, GST, auto sector

FM Sitharaman addresses media on 100 days of Modi 2.0; touches upon GDP, GST, auto sector

Responding to the concerns of the sagging automobile industry, Sitharaman acknowledged that the auto sector is passing through a rough phase.

Sep 10, 2019, 15:31 PM IST
RBI external benchmark for bank loans credit negative: Moody's

RBI external benchmark for bank loans credit negative: Moody's

The RBI mandated that all new floating rates for personal and retail loans, along with loans to MSMEs are to be linked to an external benchmark  from October 1.

Sep 10, 2019, 14:34 PM IST
FM Nirmala Sitharaman to address media today; list actions of 100 days of Modi 2.0

FM Nirmala Sitharaman to address media today; list actions of 100 days of Modi 2.0

She will address media on "Furthering Development -- 100 days of bold initiatives, decisive actions of the government" at 2pm.

Sep 10, 2019, 12:40 PM IST
FM Nirmala Sitharaman to release report card on first 100 days of Modi 2.0

FM Nirmala Sitharaman to release report card on first 100 days of Modi 2.0

Nirmala Sitharaman will address media on "Furthering Development -- 100 days of bold initiatives, decisive actions of the government".

Sep 10, 2019, 12:11 PM IST
IRCTC-run Mumbai-Ahmedabad Tejas Express with swanky interiors to begin operation soon

IRCTC-run Mumbai-Ahmedabad Tejas Express with swanky interiors to begin operation soon

The Mumbai-Ahmedabad Tejas Express with state-of-the art technology, swanky interiors, housing modern amenities like special check-in centres, cushioned seats, entertainment portal and tasty snacking

Sep 10, 2019, 11:59 AM IST
Indian Railways to make 40 Vande Bharat train sets in next 2 years

Indian Railways to make 40 Vande Bharat train sets in next 2 years

The Vande-Bharat Express currently runs between Delhi and Varanasi and includes the in-house design and manufacture, computer modelling and working, etc.

Sep 09, 2019, 18:05 PM IST
Indian Railways to fix regulator before getting private players to run train

Indian Railways to fix regulator before getting private players to run train

The Rail Development Authority (RDA) will be fixed as the regulator for defining limits or guidelines for private player train.

Sep 09, 2019, 17:49 PM IST
India Post Payments Bank rolls out Aadhaar enabled payment services

India Post Payments Bank rolls out Aadhaar enabled payment services

With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their

Sep 09, 2019, 15:36 PM IST
Inflation under control, no rise since 2014: FM Nirmala Sitharaman

Inflation under control, no rise since 2014: FM Nirmala Sitharaman

India`s retail inflation rate eased slightly in July, staying below the central bank`s 4% medium-term target for a 12th straight month, strengthening views that there will be a policy rate cut in

Sep 06, 2019, 23:26 PM IST
Finance Ministry meet Heads of CPSEs to boost capital expenditure

Finance Ministry meet Heads of CPSEs to boost capital expenditure

During the meeting the finance ministry reviewed capital expenditure by various CPSEs and ministries.

Sep 06, 2019, 18:23 PM IST
Vistara, DIAL begins face recognition trials for passengers at Delhi Airport

Vistara, DIAL begins face recognition trials for passengers at Delhi Airport

With face recognition technology, passengers' entry would be automatically processed based on facial recognition system at all check points including airport entry, entry into Security Checks, and

Sep 06, 2019, 15:37 PM IST
Centre to infuse Rs 12,000 crore in state general insurance firms

Centre to infuse Rs 12,000 crore in state general insurance firms

The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs for regulatory and growth requirements.

Sep 06, 2019, 14:39 PM IST
India aims to build $5 trillion economy by 2024: PM Modi

India aims to build $5 trillion economy by 2024: PM Modi

Modi's remarks came at the 5th Eastern Economic Forum (EEF) where he was invited as a chief guest by Russian President Vladimir Putin.

Sep 05, 2019, 17:59 PM IST
Face recognition trials for passengers at Delhi Airport to begin from Friday

Face recognition trials for passengers at Delhi Airport to begin from Friday

Passengers' entry would be automatically processed based on facial recognition system at all check points including airport entry, entry into Security Checks, and aircraft boarding at IGI Airport.

Sep 05, 2019, 17:23 PM IST
Train journey to become more interesting for game-loving kids at Visakhapatnam Railway station

Train journey to become more interesting for game-loving kids at Visakhapatnam Railway station

The country's first Fun Zone for kids has been made by the South Coast Railway Zone in Visakhapatnam Railway station in Andhra Pradesh.

Sep 05, 2019, 15:42 PM IST
India's first IRCTC-run ‘private’ train Tejas Express to run from October 4 with airline-style facilities

India's first IRCTC-run ‘private’ train Tejas Express to run from October 4 with airline-style facilities

Passengers will be able to book Tejas Express train tickets 15 days prior to their journey and that ITCTC may take dynamic fare and pricing model for ticket charges.

Sep 05, 2019, 13:38 PM IST
Crisil cuts India's FY 2020 GDP growth forecast to 6.3%

Crisil cuts India's FY 2020 GDP growth forecast to 6.3%

Just a week back, a plunge in domestic private consumption demand, slump in manufacturing, halving of merchandise exports growth, and a high-base effect from last year gnawed away at first-quarter

Sep 05, 2019, 12:37 PM IST