Business
Gujarat government has proposed a Rs.15,375 crores comprehensive action plan to ensure basic infrastructure in 31 cities under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) in the next 5 years. Out of total allocations, 42% will be spent on providing water supply connections to all urban households in 31 AMRUT cities, 30% on providing […]
India and the Maldives today decided to ramp up cooperation in various fields including defence, security, energy and health as the two nations restarted the Joint Commission talks after a hiatus of 15 years. External Affairs Minister Sushma Swaraj, who is here on a two-day visit, assured the Maldives that India will always be the […]
Israeli President Reuven Rivlin has said that his Indian counterpart Pranab Mukherjee’s maiden visit, the first by an Indian head of state, here next week is an “important milestone” in bilateral ties and will deepen their friendship. In the highest-level visit by an Indian leader since the establishment of diplomatic ties in 1992, Israel is […]
Outlining the roadmap of the BJP-led government for the coming months, Finance Minister Arun Jaitley has said that the Goods and Services Tax (GST) will be a “top priority” and he hopes to take the Bankruptcy Code to Parliament in the Winter session. “Our roadmap for the coming months (is that) GST will be a […]
Prime Minister Narendra Modi and German Chancellor Angela Merkel today visited the facilities of German automotive major Bosch here, as part of the chancellor’s three-day state visit to India, with focus on innovation and skills development. To further strengthen its presence in India, Bosch said it plans to invest Rs 650 crores (over 100 million […]
The 90-day blackmoney compliance window declarations were on Monday revised upwards to Rs 4,147 crore, from which tax receipts are expected to be over Rs 2400 crore, even as government warned that it will go after those who have not come clean. The revision, disclosed by Revenue Secretary Hasmukh Adhia to media, takes the declaration […]
India and Israel will aim to further step up bilateral engagement and are likely to sign three MoUs in water, energy and education sectors during President Pranab Mukherjee’s visit to the Jewish nation later this month, which will be first ever by an Indian Head of State.Noting that ties between the two countries are on […]
Stocks: Domestic market ended the truncated week on a note of optimism, with the 50 bps rate cut by RBI leading to sizeable gains, helping the BSE Sensex reclaim the psychological 26,000-mark and the broader Nifty end above the crucial 7,900-level. The week started on a dismal note as investor sentiment warranted support against the […]
India may soon displace China as Silicon Valley’s next frontier, a leading American daily has said, days after Prime Minister Narendra Modi visited the headquarters of technology giants Tesla, Facebook and Google. “China may be a Silicon Valley obsession, but India increasingly is in the conversation and may soon displace its Asian neighbour as tech’s […]
Reserve Bank Governor Raghuram Rajan today sprang a surprise by effecting a more-than-expected interest rate cut of half a percent to boost the economy and bring down cost of home, consumer and industry loans, a decision that was matched by MARKET leader SBI slashing lending rate by 0.4 per cent. Leading private bank ICICI and […]
