Archive Detail
Title | Description | Posted Date |
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Inflation spike led to policy rate statu | Mumbai, Dec 20 (TIWN) Rising inflation on a near-term basis outweighed growth concerns for the Reserve Bank of India (RBI) and led the central bank to hold policy rates, while maintaining an accommodative stance, according to the minutes of the RBI's latest Monetary Policy Committee (MPC) meeting released on Thursday. | 20-Dec-2019 |
Diesel prices rise after 9 days, petrol | New Delhi, Dec 19 (TIWN) After remaining stable for the last nine days, diesel prices increased on Thursday, while the petrol prices remained unchanged. | 19-Dec-2019 |
'India should cut reliance on rice for s | New York, Dec 19 (TIWN) India can sustainably enhance its food supply and improve its environmental footprint by reducing its reliance on rice and planting more nutritious and less environmentally damaging crops such as sorghum, finger millet and pearl millet, says a study from the University of Delaware in the US. | 19-Dec-2019 |
Yamaha rides into 125cc scooter market, | Chennai, Dec 19 (TIWN) Japanese two wheeler company India Yamaha Motor on Thursday announced its foray into the 125cc scooter segment with two models (drum and disc brakes) and also launched a BS-VI emission norm compliant MT-15, a 155 cc motorcycle. | 19-Dec-2019 |
US dollar gains amid upbeat data | New York, Dec 19 (TIWN) The US dollar strengthened on Wednesday as market participants continued to pore through a slew of key data. | 19-Dec-2019 |
Infosys prefers settlements outside the | Bengaluru, Dec 19 (TIWN) It is not the first time that global software major Infosys has opted for out-of-court settlements in lawsuits on alleged violation of federal laws or visa rules. | 19-Dec-2019 |
Large number of Yaba tablets destroyed b | AGARTALA, Dec 18 (TIWN): Sonamura Police on Wednesday destroyed about 40,000 Yaba tablets led by SP Sepahijala, as a part of anti-drug movement. | 18-Dec-2019 |
SBI chief proposes Kotak Mahindra Bank f | Mumbai, Dec 18 (TIWN) Uday Kotak, the Chairman of Kotak Mahindra Bank, seems to have become the 'go to man' for the industry, as the country's top lender on Tuesday projected him to be the best bet to save the financially challenged Yes Bank. | 18-Dec-2019 |
Implement Swaminathan report on MSP in B | New Delhi, Dec 17 (TIWN) Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday held her fourth pre-budget consultations with different stakeholder groups from agriculture and agro processing sectors in connection with the forthcoming General Budget 2020-21. | 18-Dec-2019 |
Broadband access in all villages by 2022 | New Delhi, Dec 17 (TIWN) The government on Tuesday said that all villages in the country will have broadband access by 2022, as it launched the ambitious National Broadband Mission entailing stakeholder investment of Rs 7 lakh crore in the next three to four years. | 18-Dec-2019 |
PhonePe leads in functionality, user exp | New Delhi, Dec 18 (TIWN) Digital payments platform PhonePe that has crossed 5 billion transactions, is leading on both functionality and user experience (UX) front among the key payment apps in India, a new report said on Wednesday. | 18-Dec-2019 |
Chinese onion demand soars in Nepal amid | Kathmandu, Dec 17 (TIWN) Demand of onions from China has soared in Nepal due to the export ban on onions by India, according to authorities. | 17-Dec-2019 |
PPF Scheme 2019: Account will not be lia | New Delhi, Dec 17 (TIWN) The Union government has notified new Public Provident Fund (PPF) rules under which the amount in the PPF account will not be liable for attachment. | 16-Dec-2019 |
Debroy takes dig at World Bank's ease of | New Delhi, Dec 17 (TIWN) Sounding critical of the World Bank's Ease of Doing Business Index, prominent economist and the Chairman of the Economic Advisory Council to the Prime Minister, Bibek Debroy on Monday said that the index on which India has risen significantly of late is formulated after taking into account just two cities in the country. | 17-Dec-2019 |
SBI may pay Essar lenders on Monday as A | New Delhi, Dec 17 (TIWN) The State Bank of India (SBI), the lead banker of the bankrupt Essar Steel, is likely to settle dues of other lenders as it received Rs 40,000 crore on Friday from ArcelorMittal, which is going to takeover the company bringing to an end to the much-prolonged resolution process. | 17-Dec-2019 |
Vegetable prices rising, but farmers' in | New Delhi, Dec 17 (TIWN) The sharp rise in onion prices and consequent rise in food inflation has disturbed the math for policy makers and the budget of millions of middle and lower class Indian households. | 17-Dec-2019 |
SpiceJet grounds 3 aircraft citing defec | Mumbai, Dec 16 (TIWN) SpiceJet has informed the exchanges that it has grounded three of its B737 freighter aircraft. | 16-Dec-2019 |
7th Economic Census expected to be compl | New Delhi, Dec 16 (TIWN) The 7th Economic Census, which is being conducted nationwide through common services centres (CSCs), is expected to be completed by March 2020, Central Statistics Office Director General (Social Statistics) A.K. Sadhu said on Friday. The Ministry of Statistics and Programme Implementation (MoSPI) has tied up with CSC e-Governance Service for the 7th Economic Census. | 16-Dec-2019 |
RBI to provide liquidity facility to mak | Mumbai, Dec 15 (TIWN) The Reserve Bank of India (RBI) has decided to provide an additional collateralised intra-day liquidity facility for smooth operation of payment system National Electronic Funds Transfer (NEFT) on a round-the-clock basis from December 16, the central bank said. | 15-Dec-2019 |
63 Moons lawsuit: HC gives PC, others 4 | Mumbai, Dec 15 (TIWN) The Bombay High Court on Friday asked senior Congress leader P. Chidambaram, former Forward Market Commission (FMC) Chairman Ramesh Abhishek and serving bureaucrat K.P. Krishnan to file their statements in the the Rs 10,000 crore damage suit filed by 63 Moons Technologies within four weeks. | 15-Dec-2019 |
Sensex nears life-time high despite stag | Mumbai, Dec 14 (TIWN) India's benchmark index Sensex traded near its life-time highs on Friday after signs of easing in US and China trade tension. The Sensex hit an intraday high of 41,030.92 -- a little over 100 points away from a record high of 41,163.79. | 14-Dec-2019 |
Budget likely on Feb 1, survey on Jan 31 | New Delhi, Dec 13 (TIWN) Union Budget for 2020-21 may be presented on February 1 and the Economic Survey is likely to be on January 31, Finance Ministry sources said. | 13-Dec-2019 |
Twitter users joke over noodles dish pic | New Delhi, Dec 13 (TIWN) A Twitter user's post on a dish made of instant noodles and orange wedges elicited funny responses from fellow users. | 13-Dec-2019 |
Over Rs 90 cr spike in Forex from satell | Chennai, Dec 13 (TIWN) The financial year 2018-19 saw a handsome Rs 91.63 crore spike in India's foreign exchange earnings from launching of foreign satellites. | 13-Dec-2019 |
Rising inflation, falling growth point t | New Delhi, Dec 13 (TIWN) India's economy, it seems, has entered the stagflation phase with the key macro-economic data showing dwindling manufacturing activity as the subdued demand conditions contracted the October factory output by 3.8 per cent. | 13-Dec-2019 |
Govt rules out BSNL, MTNL disinvestment | New Delhi, Dec 12 (TIWN) The government on Thursday ruled out any plans to sell stake or disinvestment of ailing telecom PSUs -- Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in the Parliament while fixing a target of Rs 200 crore and Rs 300 crore for them from their asset monetisation in current fiscal. | 12-Dec-2019 |
Telecom sector outlook negative on AGR d | New Delhi, Dec 12 (TIWN) Rating agency ICRA has maintained a negative outlook for the Indian telecom industry, which is grappling with AGR dues, notwithstanding the green-shoots of recovery. | 12-Dec-2019 |
Sensex ends 169 points higher, Infosys f | Mumbai, Dec 12 (TIWN) The Sensex and Nifty ended higher on Thursday over firm global cues metals and banking scrips outperformed while IT index slid due to strong rupee. Yes Bank jumped 6 per cent on the BSE after heavy selling in last 5 sessions. | 12-Dec-2019 |
Onion price eases by Rs 50 in Bengaluru | Bengaluru, Dec 11 (TIWN) Though onions prices have eased by around Rs 50 per kg, expensive prices in Karnataka are set to last for a few more days until the inventory bought at high cost gets extinguished, said an official on Wednesday. | 12-Dec-2019 |
Energy efficient broad gauge Vande Bhara | Chennai, Dec 12 (TIWN) India's own semi-high speed train Vande Bharat or Train 18 is highly energy efficient and also weighs less contrary to some reports, said sources in the Indian Railways. | 12-Dec-2019 |
Slowdown Saga: Nov auto sales decline by | New Delhi, Dec 11 (TIWN) Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 per cent on a year-on-year basis, data showed on Tuesday. | 11-Dec-2019 |
Walmart, Flipkart jointly invest in Ninj | Bengaluru, Dec 11 (TIWN) Walmart and its Indian arm Flipkart on Wednesday jointly invested in fresh produce supply chain startup Ninjacart, to modernise fresh produce market to benefit consumers, retailers and farmers. | 11-Dec-2019 |
RBI's flexible inflation targeting regim | New Delhi, Dec 11 (TIWN) The RBI's Flexible inflation targeting framework will be reviewed only after March 2021, its Executive Director Micheal Patra has told analysts. | 11-Dec-2019 |
Sensex up 129 pts, Yes Bank tanks 7% | Mumbai, Dec 11 (TIWN) Sensex advanced 129 points during the early trade on Wednesday while the Nifty traded slightly below the 11,900 mark. | 11-Dec-2019 |
Airtel launches Wi-Fi calling services, | New Delhi, Dec 10 (TIWN) Airtel has launched Wi-Fi calling after testing it for months, but for now it will work only on Airtel Xstream Fiber and on select smartphones. | 10-Dec-2019 |
Sensex falls 248 points, Yes Bank ends 1 | Mumbai, Dec 10 (TIWN) The benchmark Sensex closed 248 points lower on Tuesday while Yes Bank lost over 10 per cent ahead of its crucial board meeting. There was a broad based sell-off witnessed in the market with Nifty Midcap and Nifty smallcap down 1.3 per cent and 1.1 per cent respectively. | 10-Dec-2019 |
Ex-Infosys CEO Vishal Sikka joins Oracle | Redwood Shores (California), Dec 10 (TIWN) Cloud giant Oracle has named ex-Infosys CEO and founder and CEO of the AI company Vianai Systems, Vishal Sikka, to its Board of Directors. | 10-Dec-2019 |
Big hotel chains help boost local econom | Jaipur, Dec 10 (TIWN) Big hotel chains in Rajasthan are helping the local economy grow by providing newer employment avenues to the natives. | 10-Dec-2019 |
Bengal buyers flee without paying onion | Kolkata, Dec 10 (TIWN) Selling the high priced onion has become a risky proposition in West Bengal now, with many unscrupulous buyers fleeing without paying the price. | 10-Dec-2019 |
Pressure on Indian finance cos due to NB | New Delhi, Dec 9 (TIWN) Global rating agency Moody's on Monday said pressure on Indian finance companies continues to build up, with some banks heavily exposed to non-bank credit providers, hinting that India's NBFC crisis is far from over, even after a year since the troubles began when a major shadow bank IL&FS Group abruptly defaulted. | 09-Dec-2019 |
Suraksha tries hard to gain confidence o | New Delhi, Dec 9 (TIWN) With most of the home buyers of Jaypee Infratech (JIL) seen backing the state-run NBCC (India) to acquire the bankrupt company and its projects, Suraksha Realty, the other player in the fray has made several efforts this time round to gain the favour of the Committee of Creditors (CoC) including both banks and home buyers. | 09-Dec-2019 |
US equities post mixed weekly results | New York, Dec 9 (TIWN) US equities posted mixed results in the past week as investors digested the latest economic data while closely monitoring the latest development of trade issues between the United States and its major trading partners. | 09-Dec-2019 |
Macro-data, growth pangs to drive equity | Mumbai, Dec 9 (TIWN) Macro-economic data points along with the direction of foreign fund flows and US Fed's monetary policy are expected to influence the Indian equity market's trajectory next week, analysts opined. | 09-Dec-2019 |
Growth Catalyst: Jewar Airport expected | New Delhi, Dec 9 (TIWN) The upcoming International Airport at the Jewar township of Greater Noida is expected to be a growth catalyst for the region, say industry analysts, as the project is expected to create urban infrastructure and generate jobs. | 09-Dec-2019 |
High onion prices pare Goa tourist arriv | Panaji, Dec 8 (TIWN) Not the fall of Thomas Cook or the economic slowdown, for Goa's Ports Minister Michael Lobo the cause of decline in tourist arrivals is the rising onion prices. | 08-Dec-2019 |
Amazon, Flipkart may face more queries o | Panaji, Dec 7 (TIWN) The Department for Promotion of Industry and Internal trade (DPIIT) is examining the responses by the e-commerce companies, like Flipkart and Amazon, on complaints over predatory pricing and if required will ask them for further clarification, according to a senior government official, here on Saturday. | 07-Dec-2019 |
VA Tech Wabag to assess sewage treatment | Chennai, Dec 7 (TIWN) India's water technology multinational company VA Tech Wabag Ltd will start assessing the sewage treatment plants in Agra and Ghaziabad in Uttar Pradesh and give a report to the state government, said a senior official. | 07-Dec-2019 |
Guys, your favourite store just got a ch | New Delhi, Dec 7 (TIWN) Luxury fashion house Ermenegildo Zegna celebrated the unveiling of the revamp of its flagship boutique in New Delhi at the DLF Emporio Mall. At the centre of the chic soiree was the screening of the brand's latest campaign 'What Makes a Man', featuring some of India's most prominent men. | 07-Dec-2019 |
Jio's new tariffs 7-20% lower than its c | Mumbai, Dec 7 (TIWN) Brokerage firm CLSA on Thursday said that the new tariffs announced by Reliance Jio are 7-20 per cent lower than the new rates offered by its competitors. | 07-Dec-2019 |
Bangladesh Bank criticised for 'sexist' | Dhaka, Dec 6 (TIWN) The Bangladesh Bank was criticised for a "sexist" job circular, where it asked married female applicants to mention their husbands permanent address as their own, it was reported on Friday. | 06-Dec-2019 |