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Farm distress: Odisha govt expands Kalia ambit by 50%

The estimated cost for the whole scheme for the three-year period was earlier fixed at Rs 10,180 crore (Rs 7,540 for farmers and Rs 2,640 for labourers) and with the latest expansion, the cost could i

kaalia scheme, odisha kaalia scheme, agriculture sector, agriculture industry News

Arun Jaitley opts out of new govt citing ill health, writes to Modi

Key strategist and troubleshooter for Modi cites ill health ahead of swearing-in.

arun jaitley, pm narendra modi, narendra modi, pm modi, arun jaitley health News

NCLAT allows IL&FS to declare ‘amber’ companies as ‘green’

To benefit lenders, financial entities which are owed over `16,372 crore from 13 ‘amber’ companies.

nclat, il&fs News

Jaypee Infratech lenders want NBCC to sweeten bid

Lenders to Jaypee Infratech (JIL) have laid out five conditions, including reinstating an additional 500-acre land under the debt-asset swap plan, to state-run NBCC to “consider favourably” its re

jaypee, jaypee infratech, nbcc News

World Cup 2019: Star India set to score Rs 1,800 crore in advertising revenue

As excitement over the the ICC World Cup 2019 mounts, starting on Thursday, official broadcaster Star India is all set to reap the benefits

star india, star middle east, icc world cup, icc world cup 2019 News

Anti-fraud drive: New govt may bolster SFIO’s probe muscle

With increasing instances of corporate frauds, the new government could consider substantially raising the strength of the Serious Fraud Investigation Office (SFIO) to bolster its capacity to investig

sfio, ibc, jet airways News

Jurisdiction issue: India’s plea in case against Nissan rejected by arbitration court

The Permanent Court of Arbitration in Singapore has rejected India’s argument that the court does not have the jurisdiction to rule on a case brought against India by Japan’s Nissan Motor.

nissan, renault, auto sector, auto industry News

Modi 2.0: Mergers, pruning of ministries on the cards; DPE may go to finance ministry

DPE may go to finance ministry, fertiliser or irrigation may merge into agri ministry.

modi government News

BJP upsets TMC again: Three MLAs, 60 councillors defect to BJP

BJP general secretary and its West Bengal in-charge Kailash Vijayvargiya and Mukul Roy told reporters that more MLAs from the TMC will join the BJP in the coming days.

bjp, trinamool congress, tms, lok sabha elections, lok sabha elections, 2019, mamata banerjee News

Asset liability management: NHB to tighten norms for housing finance companies

HFCs could be asked to submit their ALM data with the NHB on a weekly basis and in a more granular fashion.

ebi News

H-1B visa policy: Tough US stance to put profit margins of Indian IT firms at risk

Tier 1 players like Tata Consultancy Services, Infosys, HCL Technologies and Wipro added more than 82,000 employees in fiscal 2019.

h1b visa, visa, india, us News

Congress crisis deepens: Firm Rahul Gandhi asks party to look for his successor

Congress communication department head Randeep Surjewala issued a statement asking the media to respect the sanctity of a closed-door meeting of the CWC.

Rahul Gandhi, congress president rahul gandhi, congress, lok sabha elections, lok sabha election results 2019, lok sabha News

Food Corporation spent Rs 1.2 lakh crore for ‘excess’ stocks, value down by a quarter

Food grain stocks with FCI and other agencies tend to fall to the lowest levels in April as it follows the wheat marketing year and start of the new procurement season.

sci, food corporation of india, food News

World Cup 2019: Punters bet on hosts England to lift trophy

Having beefed up its batting in the last four years after an ignominious exit at the league stage of the 2015 ICC World Cup, the English are the favourites for the cricketing event starting May 30.

world cup, icc world cup, cricket world cup, world cup 2019, india, england, cricket News

Ten-year bond yield at more than one-year low

India’s benchmark 10-year bond yield at 7.16% was its lowest level since April 9, 2018. It had ended at 7.23% on Friday.

rbi, reserve bank of india, sensex News

GST evaders can be arrested: SC dismisses plea challenging Telangana HC verdict

The Supreme Court on Monday dismissed a plea challenging the Telangana High Court verdict that a person can be arrested by the concerned authority in cases of goods and services tax (GST) evasion.

Supreme Court, sc, telangana high court News

UPI players Google Pay, Paytm and PhonePe eye offline merchants

Both Google Pay and Paytm have forayed into deploying payment acceptance solutions for offline merchants.

google pay, phone pe, upi, pay tm News

Looming trouble: India Inc slips on demand slump, turns in dismal Q4 results

At HeroMotoCorp, volumes fell 11% y-o-y in a subdued industry demand environment and partly since inventories needed to be cleared post the dull festive season.

Industry News

Government sees red as electric vehicles fails to deliver mileage promise

Vehicles with a battery pack of around 30 kW will have a range of at least 250 km.

Industry News

NPA crisis: Why loans to MSME, real state, farmers may go bad

PS Jayakumar, MD and CEO attributed the loss to accelerated provisioning for some accounts and ageing provisions of `900-1,000 crore for the two large NPAs of Bhushan Power and Steel and Alok Industri

Banking & Finance News

World Cup mania: Indians say Namaste London louder than ever

A British High Commission spokesperson said around 5 lakh Indians received visas for travel to the UK during calendar year 2018 which was up 10% year-on-year.

Sports News

Merger pangs: How Bank of Baroda media blitzkrieg addressed consumer anxiety

The ad shows three children dressed in the colours of each bank creating a symphony on stage for an audience comprising parents and grandparents — the bank’s core target.

Banking & Finance News

Liquidity Crunch: RBI seeks to tighten ALM norms for NBFCs

Earlier this month, the central bank directed NBFCs with assets of over Rs 5,000 crore to appoint chief risk officers amid an evolving scenario of severe liquidity stress for non-bank lenders.

Banking & Finance News

Future Role: If Amit Shah joins Modi govt, who will head BJP?

Textile minister in the outgoing government, Irani is expected to be given a key role in the government, sources said.

India News

Rahul Gandhi’s negative chowkidar chor hai campaign didn’t work, admit top Congress leaders

Former Assam chief minister Tarun Gogoi told The Indian Express that the Congress could not match Modi’s “emotional” pitch on several issues and argued the Congress “will have to give an impre

Elections News

Jet Airways acquisition bid: Etihad, Hindujas may submit proposal in a week

Matters complicated further for the airline with the series of resignations from the top management since May 13.

Industry News

Modi 2.0: New govt plans big policy push in first 100 days. Here’s the priority list

A comprehensive strategy is being firmed up to counter the impact of the Trump-led trade war while ensuring that the strategic partnership with the US doen't falter.

Economy News
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