FE Bureau

OUP India partners with CENTA

Oxford University Press (OUP) has partnered with the Centre for Teacher Accreditation (CENTA) for the fourth edition of CENTA’s flagship initiative, the Teaching Professionals’ Olympiad (TPO) 2018.

Education News

Developing skills for the auto sector: JIM earns certification for quality learning services

JIM is an outcome of a joint initiative between the governments of India and Japan to create a pool of 30,000 skilled manpower for the manufacturing industry in India.

Education News

Data privacy should not be at cost of innovation: Ravi Shankar Prasad

Speaking at a CII conference on financial inclusion on Saturday, Prasad said even the Supreme Court, in its order on data privacy, has stated that privacy should not kill innovation.

India News

Free trade is good economics as well as politics: Arvind Panagariya

The removal of various restrictions on trade lifted India’s exports six times in nine years through 2011-12 to over $300 billion, eminent economist and former vice-chairman of Niti Aayog, Arvind Panagariya, said on Saturday

Economy News

Idea Exchange: When 14 leaders sit on stage, it allows Modi to play victim, says Omar Abdullah

Ex-J&K CM Omar Abdullah expresses concern over recent political killings, says Centre’s lack of clarity on J&K is worrying, explains decision not to participate in municipal polls.

India News

Fuel-efficiency and acceleration now a major car-buying factor

Good fuel-efficiency is the most influential reason when deciding which vehicle to purchase.

Industry News

RBI Vs Govt, again! Peace moves go for toss after finmin barb, Reserve Bank gets in another shot

The fragile peace between the finance ministry and the central bank was ruptured on Friday when economic affairs secretary Subhash Chandra Garg took a pot shot at Reserve Bank of India (RBI) deputy governor Viral Acharya’s

Economy News

RBI creates room for banks to lend more to NBFCs

In a move aimed at easing a liquidity crunch faced by non-bank lenders, the Reserve Bank of India (RBI) on Friday allowed banks to offer partial credit enhancement (PCE) to bonds issued by non-banking financial companies (NBF

Economy News

Punjab National Bank posts net loss of Rs 4,532 crore in Q2, provisions soar 300%

Punjab National Bank (PNB), the country's second-largest public sector lender on Friday reported a net loss of Rs 4,532 crore in the September quarter of FY19, against a net profit of Rs 561 crore a year ago as provisions soa

Markets News

Outreach programme: GST-hit MSMEs get 12-piece Diwali gift set from Prime Minister

Bogged down by the twin blows of demonetisation and the goods and services tax (GST), the country’s micro, small and medium enterprises (MSMEs) on Friday received a shot in the arm, with the Prime Minister Narendra Modi unv

Economy News

Hindalco standalone net soars 54% to rs 725 crore, cautious on rising imports

Higher operational efficiencies and lower finance cost boosted Hindalco Industries' standalone net profit, which jumped over 54% on a year-on-year basis to `725 crore for the three months of July-September 2018. The numbers i

Markets News

Forex loss hits IOC, net declines 12% in Q2

The net profit of Indian Oil Corp (IOC) for the second quarter of the current fiscal dropped 12% to Rs 3,247 crore, compared with Rs 3,696 crore, owing to lower margins and foreign exchange losses, a factor which also affecte

Industry News

NTPC Q2 net profit slips 1.1% as expenses rise amid coal shortage

The net profit of NTPC fell 1.1% year-on-year (y-o-y) to Rs 2,417.6 crore in the three months ended September 2018, as coal supply woes hit the country's largest power generator amid rising expenses.

Markets News

PFC profit rises 12% to Rs 1,325 crore in Q2, firm raises borrowing limit

State-owned Power Finance Corporation (PFC) has reported net profit at Rs 1,324.7 crore for the quarter ended September 2018, recording a rise of 11.9% from the corresponding period a year ago.

Markets News

Mahindra rolls out Blazo variant of heavy trucks

Mahindra Truck and Bus (MTB), the commercial vehicle arm of Mahindra and Mahindra, on Friday launched Blazo X- heavy commercial vehicle (HCV) range of trucks. Blazo X is an upgrade of Mahindra’s existing Blazo range in term

Industry News

Axis Bank Q2 net jumps 83% to Rs 790 crore

Axis Bank, India’s third-largest private sector lender by assets, on Thursday reported an 83% year-on-year (y-o-y) increase in net profits to Rs 790 crore for Q2FY19.

Markets News

City Union Bank Q2 profit up 16%

City Union Bank (CUB) has reported a 16% growth in its net profit for the quarter ended September 2018 to `168 crore compared to `145 crore in the same quarter last fiscal.

Markets News

Piyush Goyal sets output target of 2.5 mt per day for Coal India

Coal India supplied 22.20 mt more coal to the power sector during April to October this fiscal than what it did a year ago during the same period. Coal offtake to India’s thermal power plants from CIL sources was up at 272.

Industry News

Manufacturing grows at quickest pace in 4 months

India's manufacturing sector activity improved in October as new order flows were the fastest since June.

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GST collection crosses Rs 1 lakh crore for second time since launch

Monthly goods and services tax (GST) collections breached the Rs 1-lakh-crore mark for the second time since its launch in July last year for September (collected in October), giving the Centre some hope that the wide revenue

Economy News

Trade wars: US scraps GSP sops, India still defers counter-move

India has decided to defer its plan for a third time to retaliate against extra US duty on its steel and aluminium, even as the Trump administration on Thursday withdrew the benefit of concessional tariffs under its so-called

Economy News

Airlines may post steepest losses in a decade: Crisil

Domestic carriers are projected to post the steepest losses in a decade in the current fiscal owing to higher aviation turbine fuel (ATF) costs and falling rupee, rating agency Crisil said in a report on Thursday.

Industry News

4G survey: Airtel best in download speed, Jio in coverage

With data becoming the buzzword in mobile communication, speed is of essence and with LTE 4G becoming the norm, download speed is a new contested area between telecom operators.

Industry News

Govt vs Reserve Bank: Why differences may surface again

Despite a temporary easing in tension between the finance ministry and the central bank, differences could surface again when the Reserve Bank Of India's board meets next on November 19, as the ministry will likely take up th

Economy News

Cabinet clears ordinance to amend Companies Act

The Union cabinet on Thursday gave its approval for promulgation of an ordinance to bring amendments to the Companies Act 2013.

Economy News

A clutch of states like Tamil Nadu and Madhya Pradesh to follow Maharashtra in APMC reform

After Uttar Pradesh amended the APMC Act in conformity with the model draft law framed by the Centre in April 2017, the Maharashtra government, last week, promulgated an ordinance allowing the traders to buy farm items from m

Economy News

After tepid response, SECI relaxes norms to lure bidders for 10 GW solar auctions

Through the scheme, as much as 3 GW of cumulative annual solar manufacturing units are seen to be set up over three years, resulting in 10 GW of new generation capacities.

Industry News
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