Ramanathapuram, Feb 22: Bharatiya Janata Party (BJP) President Amit Shah on Friday said Prime Minister Narendra Modi-led government will not let the sacrifice of CRPF troopers to go in vain. He also said the NDA will win 35 Lok Sabha seats out of 39 in Tamil Nadu. Addressing the party workers here, Shah recalling the […]
New Delhi, Feb 22: The Employees’ Provident Fund Organisation (EPFO) approved of an increase in the interest rate on PF deposits to 8.65 per cent for 2018-19 from 8.55 per cent in the previous financial year. This is the first time in three years that it has announced a hike in the interest rate for […]
New Delhi, Feb 22: Niti Aayog Vice Chairman Rajiv Kumar Friday made a strong case for setting up an independent debt management office, and also pitched for segregating different aspects of Reserve Bank’s responsibilities. Kumar further said that India’s gross domestic product (GDP) will be growing at over 7 per cent in the coming years. […]
Seoul, Feb 22: Prime Minister Narendra Modi on Friday received the prestigious Seoul Peace Prize for 2018 for his contribution to international cooperation and fostering global economic growth. The award was presented to him by the Seoul Peace Prize Foundation at a grand ceremony. A short film on the life and achievements of Prime Minister […]
New Delhi, Feb 22: GMR Infrastructure on Friday said its subsidiary GMR Airports and its Greek partner Terna Group have signed a concession agreement for construction of the new international airport in Greece’s island Crete. The consortium intends to invest over EUR 500 million (approx Rs 4,034.28 crore) for development of the new airport, GMR […]
Mumbai, Feb 22: Tata-SIA joint venture full service carrier Vistara Friday announced a codesharing pact with Japan Airlines (JAL), a move which will allow Vistara customers seamless connectivity to Japan and vice versa. The pact between the two carriers is effective February, according to a Vistara release. Codesharing allows an airline to book its passengers […]
Mumbai, Feb 22: Improved market conditions have improved sales and profitability of paper mills in the December quarter with expectations of a sharp increase in demand ahead of the new academic year that will begin in Q1, FY 20. Market leader JK Paper posted a 72 per cent jump in December quarter profit to Rs […]
Mumbai, Feb 22: The BSE sensex ended marginally lower on Friday due to losses in banking stocks as investors turned cautious after the minutes of RBI’s latest policy meeting highlighted growth concerns. The 30-share sensex settled 26.87 points, or 0.07 per cent lower at 35,871.48. The broader NSE Nifty inched up 1.80 points, or 0.01 […]
New Delhi, Feb 22: While Asian equities have risen to start 2019, the region’s funds may not be doing as well. Asian mutual funds have lagged behind their benchmarks due to conservative positioning, as well as concentrations in sectors and geographies that haven’t done as well to start this year, Goldman Sachs Group Inc. analysts […]
New Delhi, Feb 22: India’s online food delivery sector is headed for consolidation as ride-hailing major Uber is looking to sell its UberEats business in the country in the run-up to its public offering, according to three sources familiar with the development. The San Francisco-based company is in talks with Bengaluru-based Swiggy and has also […]