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Economy

CIC pulls up RBI for non-disclosure of demonetisation records

Issues show-cause notice to RBI’s central public information officer.

rbi, cic, demonetisation, noteban News

Citing technological interventions, Andhra Pradesh discoms approach regulator to reduce wind power tariffs

The Andhra discoms have recently come under pressure with piling dues to power generators. NTPC’s outstanding receivable from Andhra Pradesh (over 60 days) are pegged at Rs 2,220 crore at the end of

power sector, power industry, ntpc News

Identity crisis! Data companies fuelling Aadhaar private debate, suspects Trai chief

Internet companies that have built their businesses using public data are likely to have created the privacy threat debate around the country’s unique digital ID Aadhaar, Trai chairman RS Sharma sai

trai, data, aadhar News

Pulwama attack: CAIT calls for nationwide market bandh today to honour martyrs

In a statement, the Confederation of All India Traders (CAIT) said commercial markets will remain closed and there will be no business activity.

pulwama terror attack, pulwama attack, cait, traders body cait News

PM-Kisan scheme to drastically cut farmers’ vulnerability: CEA Krishnamurthy Subramanian

CEA Krishnamurthy Subramanian says the investment cycle is picking up, as many firms have hit capacity utilisation of 80%, which is when they usually start fresh investment.

PM-Kisan scheme to drastically cut farmers’ vulnerability: CEA Krishnamurthy Subramanian

PGCIL can offer power towers to telecom firms

To address the issue of deficiency of telecom coverage in remote areas, the Central Electricity Regulatory Commission (CERC) has allowed state-owned power transmission firm Power Grid Corporation of I

power, power sector, power industry News

Not enough credit, late GST refunds a concern for exporters: Industry tells govt

The persistent decline in bank lending for exporters, delay in refund of input tax credit and the fear of a withdrawal of duty-free export benefits by the US under the so-called GSP regime dominated t

gst, cii News

ICAI withdraws announcement on auditor rotation after govt directive

The apex body of chartered accountants, ICAI, on Friday withdrew an announcement regarding applicability of rotation of auditors at companies, following a directive from the corporate affairs ministry

icai, sc, supreme court News

CBDT issues guidelines for defending cases at CIT (appeals)

Appeals would be filed in high courts if the tax amount involved in litigation is Rs 50 lakh, up from Rs 20 lakh at present.

cbdt, cit News

Daimler India reaches break-even, gears up to launch BS VI vehicles

Daimler India Commercial Vehicles (DICV), the wholly-owned arm of global CV major Daimler, said that it has achieved the break-even in its truck business in six years after the launch of BharatBenz.

daimler, daimler india News

Reliance Jio beats Airtel, Vodafone Idea in 4G download speed

Vodafone and Idea have merged their mobile businesses but the telecom regulator measured their performance separately as the integration of networks of both the companies is currently on.

telecom sector, telecom industry, telecom, reliance jio, reliance jio speed, reliance jio download speed, reliance jio internet speed News

Bharat 22 ETF: Govt gets Rs 10,000 crore from additional offering

With the additional offering of the diversified Bharat-22 ETF receiving an overwhelming response on Thursday, the Centre has increased the ETF offer size by 2.8 times to retain Rs 10,000 crore, helpin

bharat ef, industry News

Coal shortage, state dues, higher salaries behind losses at discoms

Shortage of coal at power plants, inadequate tariff hikes and rising operational costs after the 7th Pay Commission have been putting additional pressure on already hard-pressed electricity distributi

coal, coal sector, coal industry News

Delhi vs Centre: Supreme Court divided on conntrol of service, matter goes to larger bench

In a setback to the AAP government in Delhi, the Supreme Court on Thursday gave a split view on whether the Centre or the Delhi government has the power to control administrative services like appoint

Supreme Court , SC, delhii government News

IL&FS crisis: Parliamentary panel recommends probe into rating agencies’ role

The parliamentary standing committee on finance has recommended to the government that a commission of inquiry be set up into the role played by credit rating agencies (CRAs) in the crisis related to

il&fs, parliament News

Q3 Results: ONGC profit up 65 per cent on higher realisation

Driven by higher net realisations and a sharp depreciation in currency, ONGC on Thursday reported a 65% year-on-year (y-o-y) rise in profit to Rs 8,262.70 crore.

ongc, oil sector News

Essar Steel: NCLT reserves orders on pleas related to ArcelorMittal plan

All orders for the pleas related to the approval of ArcelorMittal India’s Rs 42,000-crore resolution plan to take over the bankrupt Essar Steel was reserved by the Ahmedabad bench of National Compan

essar steel, steel sector, steel industry News

L&T Infotech set to acquire Nielsen+Partner

Technology consulting and digital solutions firm L&T Infotech announced on Thursday that it is set to acquire Nielsen+Partner (N+P), an independent Temenos WealthSuite specialist, headquartered in Ger

l&t infotech, l&t News

Mahindra XUV300 launched at starting price of Rs 7.90 lakh

Mahindra & Mahindra (M&M) on Thursday launched its new sub-compact sports utility vehicle XUV3OO in the price range starting from Rs 7.90 lakh (ex-showroom) for the petrol variant and Rs 8.49 lakh (ex

Mahindra & Mahindra, automobile sector, automobile industry News

‘Caringly Yours’: Bajaj Allianz unveils new brand identity with a new tag line

In a bid to change the perception about insurance companies among customers and go beyond policies, premiums and claims, Bajaj Allianz General Insurance Company has unveiled its new brand identity wit

bajaj, bajaj allianz News

Wholesale onion prices at Lasalgaon drop below Rs 5 per kg

Onion prices in Lasalgaon — the country's largest wholesale market for the bulb — have dropped below the Rs 5/kg mark.

onions, agricylture sector, agricylture industry News

Industry seeks allocation of larger blocks for commercial coal mining

Offer for larger coal blocks for commercial mining by the private sector and a separate commodity exchange for the sector were identified by industry veterans as ways to bolster commercial coal mining

coal, coal sector, coal industry News

Adani Vizhinjam Port: Phase 1 to come up by 2020

Adani’s Rs 7,525-crore Vizhinjam port, touted to emerge as one of the world’s deepest seaports, may get a rail link soon with one of the longest rail tunnels in the country.

port, adhani group, ppp News

Indirect tax officials’ appraisal to consider arrears recovery

Officials were asked to concentrate on recovery of clearly recoverable arrears, which are substantial (more than Rs 50 lakh) and where there are clear chances of recovery by March 2019.

income tax calculation for different income limit News

DTH, cable rentals won’t breach current bill amount; Trai to evolve guidelines

Sources said that since the new regulatory framework has come, 67 existing bouquets have revised their prices downwards and 8 pay channels have become free-to-air channels.

DTH, cable rentals, DTH services, DTH pack, DTH Plans, Trai, best fit plan, cable, DTH, current bill amount, TRAI plans News

PM Kisan Yojna: Small, marginal farmers to get Rs 4,000 by early April

The exclusion list also includes all institutional land holders and farmer families in which one or more of members belong to following categories: former and present holders of Constitutional posts,

Economy News

CBDT forms panel to examine issues and suggestions for better litigation management

The Central Board of Direct Taxes (CBDT) has constituted a five-member committee to examine the suggestions and issues on litigation management that emanated from a judicial conference held in January

Economy News
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