Economy News

Rajya Sabha passes Interim Budget 2019-20, Finance Bill without debate; adjourns sine die

Rajya Sabha passes Interim Budget 2019-20, Finance Bill without debate; adjourns sine die

Rajya Sabha passed the Motion of Thanks on the President's Address and the Appropriation Bill without debate.

Feb 13, 2019, 13:00 PM IST
TRAI gives time till March 31 to consumers to choose channels under new regulatory regime

TRAI gives time till March 31 to consumers to choose channels under new regulatory regime

The subscribers' old plan shall continue till either the subscriber exercises his/her option, or he/she is migrated to the 'best fit plan', TRAI said.

Feb 13, 2019, 10:42 AM IST
NPA under Mudra Yojana stands at Rs 7,277 crore

NPA under Mudra Yojana stands at Rs 7,277 crore

Loans under PMMY can be covered under Credit Guarantee Fund for Micro Units (CGFMU).

Feb 13, 2019, 10:10 AM IST
RBI slaps penalties on 7 banks for violation of norms

RBI slaps penalties on 7 banks for violation of norms

A penalty of Rs 1 crore has been imposed on Andhra Bank for similar violations.

Feb 13, 2019, 10:09 AM IST
India's January retail inflation eases to 2.05%, December IIP at 2.4%

India's January retail inflation eases to 2.05%, December IIP at 2.4%

Manufacturing sector growth was at 2.7%.

Feb 12, 2019, 17:45 PM IST
Govt aims to fetch Rs 5,316 cr through part-sale of Axis Bank stake

Govt aims to fetch Rs 5,316 cr through part-sale of Axis Bank stake

The floor price for the offer has been fixed at Rs 689.52 per share.

Feb 12, 2019, 13:39 PM IST
Bharat-22 ETF additional sale on February 14, govt to raise at least Rs 3,500 crore

Bharat-22 ETF additional sale on February 14, govt to raise at least Rs 3,500 crore

The ETF sale would be for a single day, in which both institutional and retail investors can participate.

Feb 12, 2019, 13:38 PM IST
India's fastest train Vande Bharat Express a.k.a Train 18: Full fare, meal plan, route details

India's fastest train Vande Bharat Express a.k.a Train 18: Full fare, meal plan, route details

The much-awaited indegenously built engineless Vande Bharat Express will run between New Delhi and Varanasi.

Feb 12, 2019, 12:01 PM IST
Focus on retail holders to get more gold back into system: IGPC chief Arvind Sahay

Focus on retail holders to get more gold back into system: IGPC chief Arvind Sahay

IGPC Chairperson Prof. Arvind Sahay spoke to Reema Sharma of Zee Media regarding few pressing issues on the Gold Monetisation Scheme on the sidelines of the conference.

Feb 12, 2019, 11:01 AM IST
Nearly 1.04 crore LPG consumers voluntarily surrendered LPG Subsidy

Nearly 1.04 crore LPG consumers voluntarily surrendered LPG Subsidy

LPG subsidy is transferred to beneficiaries directly in their bank accounts in advance.

Feb 11, 2019, 17:22 PM IST
Train 18's Delhi-Varanasi AC chair car ticket to cost Rs 1,850, executive class Rs 3,520

Train 18's Delhi-Varanasi AC chair car ticket to cost Rs 1,850, executive class Rs 3,520

The semi-high speed train is scheduled to be flagged off by Prime Minister Narendra Modi on February 15.

Feb 11, 2019, 16:38 PM IST
Govt launches Dealer Owned Dealer Operated model for setting up CNG stations by private players

Govt launches Dealer Owned Dealer Operated model for setting up CNG stations by private players

More than 1500 CNG stations are presently operational in the country.

Feb 11, 2019, 15:23 PM IST
'It's a bird...It's a plane': Piyush Goyal shares video of India's first semi-high speed train Vande Bharat Express

'It's a bird...It's a plane': Piyush Goyal shares video of India's first semi-high speed train Vande Bharat Express

Prime Minister Narendra Modi will flag off the Vande Bharat Express on 15 February from the New Delhi Railway station.

Feb 11, 2019, 12:04 PM IST
India offers 23 oil blocks in 12 sedimentary basins in OALP-III bid round

India offers 23 oil blocks in 12 sedimentary basins in OALP-III bid round

Under this Bid round, 23 blocks, covering over 31,000 sq km od area will be available for exploration.

Feb 11, 2019, 11:48 AM IST
Modi seeks responsible pricing of crude oil in the interest of producers and consumers

Modi seeks responsible pricing of crude oil in the interest of producers and consumers

Modi said this at the inaugural session of the Petrotech– 2019, India’s flagship hydrocarbon conference.

Feb 11, 2019, 11:23 AM IST
PM Modi inaugurates Petrotech 2019, says Energy justice a top priority for India

PM Modi inaugurates Petrotech 2019, says Energy justice a top priority for India

The three-day mega  event from 10 to 12 February 2019 will see participation of over 100 eminent speakers and 7000 delegates from around 70 countries.

Feb 11, 2019, 11:12 AM IST
PM Narendra Modi to inaugurate Petrotech -2019 today

PM Narendra Modi to inaugurate Petrotech -2019 today

He will also address the inaugural session of the event.

Feb 11, 2019, 10:40 AM IST
Deposits in Jan Dhan accounts set to cross Rs 90,000 crore

Deposits in Jan Dhan accounts set to cross Rs 90,000 crore

According to data from the finance ministry, the deposits, which have been steadily rising since March 2017, have already reached Rs 89,257.57 crore as on January 30, and are steadily rising. The

Feb 10, 2019, 11:19 AM IST
Gold industry has great potential to create jobs, contribute towards economic growth: K Rajaraman

Gold industry has great potential to create jobs, contribute towards economic growth: K Rajaraman

He emphasised on the need for more research on consumer behaviour related to gold, as well as on product design, spot exchange and how banks could include gold in their options.

Feb 10, 2019, 09:47 AM IST
Law can't be 'blind', shouldn't treat every default as NPA on 90th day: Piyush Goyal to RBI

Law can't be 'blind', shouldn't treat every default as NPA on 90th day: Piyush Goyal to RBI

The comments come after the Reserve Bank made it clear that it is not having a relook at a contentious circular about recognising of bad assets, issued on February 12 last year.

Feb 09, 2019, 06:22 AM IST