FE Bureau

Kerala’s ‘Kole’ paddy fields must be used as prawn farms: MPEDA

Such an initiative will work effectively in the coastal state that is endowed with water bodies and enjoys high domestic demand for prawns, MPEDA chairman KS Srinivas noted here at ASCEND Kerala 2019 meet, which aims to showc

Markets News

Covering cotton yarn under MEIS will boost India’s exports: Textile industry body

To benefit the farmers with better price for raw cotton, the Centre shall also bring the cotton yarn under MEIS coverage, said the Confederation of Indian Textile Industry.

Industry News

Petrotech 2019: 23 hydrocarbon blocks put up for auction under revenue sharing model

Under the OALP, once an explorer selects areas after evaluating the National Data Repository (NDR) and submits the EoI, it is to be put up for competitive bidding and the entity offering the maximum share of oil and gas to th

Economy News

Startup India: Oppo to support Indian firms for solving specific problems of mobile users

Through this partnership, both parties will work towards systematically developing a support system for startups and entrepreneurs in the specific areas of expertise.

Industry News

Maruti Suzuki starts car servicing at night in these five cities

It’s in five cities to start with; the company has trained workshop teams for night operations.

Industry News

Adopt new syllabus to drive innovation, says Prof CNR Rao

The event served as the official launch of the Wiley Innovation Black Book on Exponential Technologies, a guide on future-forward scenarios.

Budget 2019 budget announcements for education News

Angel tax row: War of words continues between taxmen and Delhi-based startup — Here’s what happened

Pushpinder Singh, founder, TravelKhana, responding to the CBDT clarification said in his blog that there was no cash transaction involving the company as alleged by the income tax department (ITD) notice.

Industry News

Election 2019: I have never seen such a united, cohesive, egos in pocket (opposition) moving ahead, says Derek O’Brien

Last week, WB CM Mamata Banerjee’s dharna to protest against CBI’s raid on Kolkata police commissioner Rajeev Kumar’s residence, turned into a show of Opposition unity. Politicians such as Andhra Pradesh CM N Chandrabab

India News

Gentleman’s game: When celebrating, you don’t get carried away, says Cheteshwar Pujara

Cheteshwar Pujara’s childhood revolved around cricket. His adult life has been about adapting to challenges — thrown by Dale Steyn’s high-quality bowling, Australian sledging, selection blues and public perception.

Sports News

Second cable connection: Network capacity fee not mandatory, says Trai

The regulator also said the regulatory framework allows broadcasters to offer discount or waive the NCF for second connection. However, such disicounts have to be uniform in the target market area of the TV channel distributo

Industry News

GST relief for real estate: State FMs to recommend 5% rate on under-construction houses

Intend to correct practice of builders not passing on benefit of reduced tax incidence

GST relief, GoM, GST rate, input tax credit, Nitin Patel, Rajiv Awas Yojana, GST collection, arun jaitley News

Raking it in: Bengal business summit gets Rs 2.48 lakh crore investment proposals

West Bengal chief minister Mamata Banerjee on Friday announced that the 5th edition of the Bengal Global Business Summit has attracted investment proposals worth `2,48, 288 crore.

invest in bonds, mutual funds, tax saving, Reserve Bank of India, RBI, Bank shares, Bank stocks, insolvency, banking sector india, Nifty metal, BSE, Bank bonds News

Power ministry seeks extra coal before summer to meet demand

All pithead plants should be given full priority in coal and railway rake allotment, irrespective of the quantities they are contractually entitled to, an office memorandum from the power ministry said.

Power ministry, Coal India, CIL mining, power sector News

More rainfall next week may affect crop output: IMD

Rai also said the extent of damage from the hailstorm that lashed northern India on February 7 is yet to be received and wherever it is there, production loss cannot be ruled out. He said the impact of water logging due to he

weather farming, farmer distress, agriculture crisis, farmers, PM KISAN, Chief Secretary, pm kisan yojna, farm subsidy, farm asistance, PM-Kisan Samman Nidhi, Kisan Samman Nidhi News

Bumper returns: Tata Steel net profit jumps to 54% to Rs 1,753 crore

Tata Steel on Friday reported a sharp 54% jump in its consolidated net profit at Rs 1,753 crore for the three months to December, though much below Bloomberg consensus estimates of Rs 2,231.3 crore.

Q3 results, ofd tata steel, Tata Steel BSL, Bhushan Steel, Tata Steel Global Holdings,  Tata Steel BSL News

Vehicle sales across segments remain muted in January

The worst hit was the two-wheeler segment, which witnessed a 5.18% year-on-year slump in sale volumes in January

Vehicle sales, OEM, Nomura, Aventum Advisors LLP, Tata Motors, light commercial vehicle News

REC Q3 profit rises 16% to Rs 1,275 crore

The company’s loan book at the end of the quarter increased 20% y-o-y to Rs 2.69 lakh crore as disbursements went up 53% y-o-y to Rs 19,727 crore.

Rural Electrification Corporation, PV Ramesh,Power Finance Corporation, Saubhagya scheme News

Former RBI Governor YV Reddy pitches for autonomy of central bank

Reddy said, “We are going through confusion in search of a new ideal for a central bank and it has to be ideal for our circumstances. The future of central banking everywhere depends on when and how the confusing era in reg

Bank bonds, invest in bonds, mutual funds, tax saving, Reserve Bank of India, RBI, Bank shares, Bank stocks, insolvency, banking sector india, News

Essar Steel case: Standard Chartered delaying insolvency process, CoC tells NCLT

Rejecting all charges made by SCB counsel, including that of conspiracy against SBC and entire process of resolution plan as a ‘big scam’, the CoC counsel said that decision on distribution plan was taken on best commerci

Essar Steel case, Standard Chartered, Committee of Creditors, NCLT, ArcelorMittal News

Airtel Kenya agrees to merge operations with Telkom Kenya

The combined entity will become a strong No. 2 operator in terms of both revenues and subscribers in Kenya with a 31% customer market share.

Airtel Kenya, Telkom Kenya, airtel customer market share, Airtel Africa News

Kiran Mazumdar-Shaw elected member of US-based NAE

Kiran Mazumdar-Shaw, chairperson and managing director, Biocon has been elected as a member of the US-based National Academy of Engineering (NAE) for her contribution to the development of affordable biopharmaceuticals and th

Kiran Mazumdar-Shaw, NAE, Washington DC, Academy membership honours, india, biotechnology industry News

UCO Bank narrows Q3 loss to Rs 998.74 crore

UCO Bank on Friday reported a marginal decline in its net loss for the quarter ended December 31, 2018 to Rs 998.74 crore, against a net loss of Rs 1,016.43 crore for the same period a year ago, thanks to a Rs 520-crore wri

ICICI Bank FD Xtra, FD Plus Life Cover,must-know facts, Bank fixed deposits, (FDs), , fixed income, investor, interest rate News

Capital flight: Foreign investors pull out $443 m from bond market in 4 days

Although the Reserve Bank of India (RBI) turned dovish on Thursday, trimming the key repo rate by 25 basis points to 6.25 percent, foreigners were sellers on Thursday. On Friday, the yield on the benchmark closed at 7.52 perc

Foreign portfolio investors, FPI, investment, FPI investment, bonds, invest in bonds, mutual funds, tax saving, Reserve Bank of India, RBI News

Huracan Evo — the newest generation of Lamborghini cars

The Huracán Evo is the newest generation of Lamborghini cars

Huracan Evo, Lamborghini cars, Automobili Lamborghini,  global markets, Urus super sport SUV News

Volvo’s electric buses to serve as mobile libraries in Gothenburg, Sweden

Volvo’s electric buses to serve as mobile libraries in Gothenburg, Sweden

Volvo electric buses, Gothenburg, mobile libraries, Sweden, Kiitikori OY, Volvo Trucks News

Honda launches CB300R premium motorcycle — all you need to know

HMSI plans to bolster presence in the premium mid-weight segment

Honda, CB300R premium motorcycle, HMSI, café racer design, CB300R premium motorcycle News

Minding Growth: RBI cuts repo rate by 25 bps — check new rates and inflation forecast

Sharply lowers inflation forecast after consistently undershooting estimates; slew of steps to boost capital inflows, credit growth

RBI cuts repo rate, inflation forecast, Shaktikanta Das, Reserve Bank of India, Monetary Policy Committee News
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