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Photo of Rs 500 currency notes showing 'clean India mission' logo. | PTI
RBI refuses to share details of Clean India Mission logo on Rs 500 and 2,000 notes

Replying to an RTI query, the central bank also did not give a copy of the guidelines on the printing of advertisement -- including promotion of central government-run initiatives -- on the notes.

15 Oct 2017

Niti Aayog Vice Chairman Rajiv Kumar.| PTI
Slowdown bottomed out, GDP likely to grow 7 per cent in FY18: Niti Aayog

Niti Aayog Vice Chairman Rajiv Kumar has said the economic slowdown that began in 2013-14 has bottomed out and the GDP is likely to grow 6.9 to 7 per cent this fiscal.

15 Oct 2017

Finance Minister Arun Jaitley ( Photo: EPS\ Shekhar Yadav)
Great interest about India among investors in US: Arun Jaitley

Jaitley, who led a high-powered Indian delegation to the annual meeting of the International Monetary Fund and the World Bank, said that the US companies are investing in India in a big way.

15 Oct 2017

A security personnel stands next to International Monetary Fund logo at IMF headquarters. | Reuters
International Monetary Fund not endorsing Universal Basic Income in India: Official

By Lalit K Jha Washington, Oct 15 (PTI) The IMF today shot down media reports speculating that it was pushing for the Public Distribution System (PD...

15 Oct 2017

IMF chief Christine Lagarde (File | Reuters)
Indian economy on 'very solid track': IMF chief Christine Lagarde

Lagarde described the two major recent reforms in India - demonetisation and Goods and Services Tax (GST) - as a monumental effort.

15 Oct 2017

Union Finance Minister Arun Jaitley (File | Reuters)
Urgent need to revise quota share in International Monetary Fund: Arun Jaitley

India today called for urgent revision of the quota of International Monetary Fund in favour of dynamic emerging market so as to reflect the ground realties of the world.

14 Oct 2017

Will a stimulus package work in reviving India's economy?

When economy loses steam, it is tempting for any government to unleash a stimulus package to revive growth. But will it work, asks Sunitha Natti.

14 Oct 2017

Savings vs expenditure

Typically, tax and non-tax revenue, borrowings (domestic/foreign), disinvestment proceeds, spectrum and coal auctions etc fund government expenditure.

14 Oct 2017

Tata Teleservices, however, did not specify the purpose of the fund raising. (File photo | Reuters)
Tata Teleservices to raise up to Rs 20,000 crore; board to meet on October 18

Tata Teleservices (Maharashtra) Ltd (TTML) in a notice to stock exchange said its board will meet on October 18 to consider the fund raising. It, however, did not specify the purpose.

14 Oct 2017

Image used for representational purpose only
Steel Ministry proposes scrap-based steel plants

The government today announced the proposal to set up scrap-based steel plants in the northern and western part of the country.

14 Oct 2017

nion minister Radha Mohan Singh (Shekhar Yadav | EPS)
Government to bring 12 lakh hectares of land under micro-irrigation: Agriculture Minister

The Centre is working towards bringing 12 lakh hectares of land under micro-irrigation in the current fiscal, Agriculture Minister Radha Mohan Singh said today.

14 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
Andhra Pradesh revokes order to check planting of Monsanto GM cotton

Andhra Pradesh has withdrawn an order asking government officials to inspect fields planted with an unapproved variety of genetically modified cotton developed Monsanto Co.

14 Oct 2017

Image used for representational purpose only
NCLT approves withdrawal of Reliance Communications, Aircel merger deal

The National Company Law Tribunal has approved the withdrawal of merger deal between Reliance Communications and Aircel, as per a regulatory filing.

14 Oct 2017

Defence Minister Nirmala Sitharaman (File | PTI)
Implement Mudra Yojana scheme across Tamil Nadu districts: Nirmala Sitharaman

Defence Minister Nirmala Sitharaman today urged the state government to implement the Centre's Mudra Yojana scheme in the districts.

14 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
Zydus Cadila gets USFDA nod to market Allopurinol tablets

Drug firm Zydus Cadila today said it has received final approval from the US health regulator to market Allopurinol tablets used for treatment of patients with gout.

14 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
NSL to pursue intellectual property litigation with Monsanto

India's Nuziveedu Seeds Ltd said on Saturday it will not settle a long-standing intellectual property dispute with Monsanto Co over genetically modified cotton.

14 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
Avenue Supermarts Quarter 2 net up 65.2 per cent to Rs 191 crore

Avenue Supermarts, which owns and operates retail chain DMart reported a net profit for the July-September quarter of Rs 191 crore, registering a year-on-year increase of 65.2 per cent.

14 Oct 2017

Image used for representational purpose only. (Reuters)
IndusInd to buy Bharat Financial; merger to be over in 10 months

IndusInd Bank today said it will acquire country's largest microfinance player Bharat Financial Inclusion Ltd and the transaction is expected to be completed in the next 10 months.

14 Oct 2017

Ousted co-chairman Harvey Weinstein (File photo | AP)
Sex harassment scandal: Bob Weinstein claims Weinstein Company not for ‘sale or shut down’

The CEO has finally denied all reports regarding shut down amidst the wave of sexual assault claims made against ousted co-chairman Harvey Weinstein.

14 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
Bureau of Indian Standards Act comes into force from October 12: Government

The much-awaited BIS Act has come into effect from October 12 with a provision to bring more services and products like jewellery under the mandatory standard regime.

14 Oct 2017

A staff member moves flags at the close of the third round of NAFTA talks involving the United States, Mexico and Canada in Ottawa, Ontario, Canada. (Photo | Reuters)
U.S. demands regional steel, aluminium in NAFTA auto rules 

The Trump administration is demanding the use of North American-made steel, aluminium, copper and plastic resins in cars and trucks sold under North American Free Trade Agreement rules.

14 Oct 2017