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The 750-tonne mega reactor being installed at BPCL Kochi Refinery on Thursday(EPS | Jipson Sikhera)
Kochi fast emerging as petrochemical hub

BPCL Kochi Refinery has already successfully completed its Integrated Refinery Expansion Project, making it the largest public-sector refinery in terms of capacity.

1 hour ago

ADB lowers India’s GDP forecast

The Asian Development Bank (ADB) has revised downwards India’s growth forecast for FY18 and FY19 to 6.7 per cent and 7.3 per cent, respectively, primarily due to the lingering impact of demonetisation

9 hours ago

Representational Image. | File Photo
GST Network simplifies returns filing process

The GST Network said it has introduced a functionality which simplifies the returns filing process for taxpayers.

14 hours ago

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Vendors can now track status of bills online: Indian Railways

Under the system, the vendor or contractor need to register with the online IT platform developed in-house by CRIS.

15 hours ago

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India's tax department considers tax on virtual currencies

India's central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as RBI has warned against dealing in virtual currencies.

16 hours ago

A Reserve Bank of India (RBI) logo is seen at the entrance gate of its headquarters in Mumbai. | REUTERS
India's July-September current account deficit more than doubles: RBI

India's July-September current account deficit more than doubled from a year earlier after imports accelerated while crude prices surged.

17 hours ago

People waiting to collect the tokens for withdrawing money at Corporation Bank’s Mysore Road branch in Bengaluru on Friday | vinod kumar t
Corporation Bank under RBI 'corrective action' lens on bad loans

State-run Corporation Bank said on Wednesday that the Reserve Bank of India has initiated 'prompt corrective action' for the lender over high bad loans and the need to raise capital.

17 hours ago

Vodafone sign board. (File photo | Reuters)
Supreme Court to hear Centre's plea on Vodafone arbitration tomorrow

The Supreme Court is likely to hear tomorrow a plea of Centre challenging the Delhi High Court order asking it and the Vodafone Group to participate in dual arbitration proceedings.

17 hours ago

Infosys co-founder NR Narayana Murthy (File | EPS)
Narayana Murthy pitches for user-friendly privacy laws    

Pitching for "user-friendly"  privacy laws, IT czar N R Narayana Murthy today said the issue of privacy had to be settled "once and for all".

18 hours ago

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Direct-to-home operators settle on mixed note on bourses as investors take to profit booking

Shares of direct-to-home operators which rallied in morning trade today settled on a mixed note on the bourses as investors took to profit booking.

18 hours ago

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Big bet on SIPs: Mutual funds garner Rs 5,900 crore in November

Retail investors are preferring systematic investment plan option for investing in mutual funds, with the industry garnering around Rs 5,900 crore through the route in November.

18 hours ago

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Government to launch challenge for agri startups on December 15

The agriculture ministry, in partnership with Invest India, is scheduled to launch a grand challenge for agri startups on December 15 at TiE's mega conclave for entrepreneurs.

18 hours ago

Union Minister Ravi Shankar Prasad (File | PTI)
35,000 seats allotted under BPO scheme for smaller towns: IT Minister Ravi Shankar Prasad

The government today said it has allotted over 35,000 out of 48,300 seats under India BPO promotion scheme that aims to put smaller towns on the global digital map.

19 hours ago

President Donald Trump (center right) and Indian Prime Minister Narendra Modi (center left) hold a bilateral meeting at the ASEAN Summit on November 13 in Manila Philippines. (AP Photo)
India to push for deeper strategic cooperation with ASEAN

Eyeing to play a more pro-active role in the Indo-Pacific, India is expected to push for a deeper strategic cooperation with ASEAN to balance the China-dominated power dynamics

19 hours ago

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Inflation spike hits bonds, spurs rate policy and fiscal worries

India's benchmark 10-year bond fell to its lowest in more than 16 months on Wednesday, as investors saw surging inflation as a potential threat to a still-struggling economy.

19 hours ago

IndiGo | Reuters
IndiGo, Jet Airways put in bids for operating UDAN flights

IndiGo, Jet Airways and SpiceJet have submitted bids under the regional connectivity scheme's second round of bidding wherein the government has received 141 initial proposals.

19 hours ago

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Sensex drops 175 points on Asian Development Bank forecast, macro worries

Sensex fell 175 points to end at a one-week low of 33,053 and the NSE Nifty below 10,200 today, disappointed by grim economic data and the ADB lowering India's economic growth forecast.

19 hours ago

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Bharti Airtel launches VoLTE services in Chennai

Telecom major Bharti Airtel, as part of expanding its services, has launched Voice over Long Term Evolution (VoLTE) facility for its customers in the city.

19 hours ago

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Toyota and Panasonic eye joint development of new Electric Vehicle batteries

Japan's Panasonic Corp and Toyota Motor Corp said on Wednesday they will consider jointly developing batteries for electric vehicles.

19 hours ago

Supreme Court of India  (Photo | PTI)
Supreme Court allows cement industry to use petroleum coke

Supreme Court allowed the cement industry to use petroleum coke, a dirtier alternative to coal which had temporarily been banned as pollution levels shot up in Delhi last month.

19 hours ago

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GST led to 12 percent rise in cost of solar projects, says AISIA

GST has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence.

19 hours ago