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Rebidding for Rs 6,000 crore Zojila tunnel by April: Nitin Gadkari

The project aims at providing all-weather connectivity between Kashmir valley and Ladakh, which remains cut-off from rest of the world during winters.

22 Mar 2017

26.7 percent of central taxpayers migrate to Goods and Services Tax Network

The deadline for migration registration for GST is still March 31, though there are indications that the last date might be extended.

22 Mar 2017

Commuters sit at a bus stop adorned with an advertisement of Indian online marketplace Snapdeal featuring Bollywood actor Aamir Khan, in Bengaluru, India, October 15, 2015. | File Reuters
State Bank of India advises nearly100 Snapdeal sellers to cut outstanding loans

The advisory comes following a letter by All India Online Vendor Association to Union Commerce Minister, raising fears that Snapdeal may default on payments to the sellers.

22 Mar 2017

E-commerce company Flipkart, through its subsidiary Myntra, acquires multi-brand fashion e-store Jabong from Global Fashion Group for $70 million. (File Photo)
Indian online fashion market to hit $12-$14 billion by 2020

While fashion market in India is currently estimated at $70 bn-where online contributes five per cent at around $4 billion-$30bn of this market will be digitally influenced by 2020.

22 Mar 2017

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai .(Photo | Reuters)
Sensex registers biggest fall since December on global worries

Consumer durables, auto, FMCG, metal and banking stocks fell the most, while a depreciating rupee against the US dollar also weighed on sentiments.

22 Mar 2017

The Jaguar Land Rover plant at Halewood in Liverpool, northern England. (File photo | Reuters)
Britain car exports to India grow 11-fold in seven years

On the other hand, Indian-built models accounted for 31,535 new car registrations in the UK last year, a growth of 12.6 per cent from 2015.

22 Mar 2017

Sensex | REUTERS
Sensex tanks 318 points, Nifty slumps below 9100 on global clues

The benchmark BSE Sensex plunged by 318 points to close at nearly two-week low of 29,167.68 largely due to selling in auto, banking, metal and FMCG stocks.

22 Mar 2017

(File Photo | Reuters) A farmer winnows wheat in a field on the outskirts of Ahmedabad.
Government considering imposing import duty on wheat: Agriculture Secretary

On December 8, the government had reduced customs duty on wheat to zero from 10 per cent to boost domestic availability and check retail prices.

22 Mar 2017

Employees work at the production line of Volkswagen Tiguan cars in the Volkswagen plant in Wolfsburg, Germany. (File | AP)
Volkswagen starts Tiguan production Aurangabad plant

German auto major Volkswagen today said it has started production of its upcoming premium SUV Tiguan at the Aurangabad plant in Maharashtra.

22 Mar 2017

Kudankulam Nuclear Power Plant | PTI
Government plans to triple nuclear power generation by 2024

Nuclear power generation capacity in the country is expected to reach nearly 15,000 MW by 2024 as the government has expedited the process of setting up new plants.

22 Mar 2017

Aadhaar not mandatory for senior citizen train tickets: Suresh Prabhu

Railway Minister Suresh Prabhu made it clear that Aadhaar number has not been made mandatory for senior citizens to avail concessions in train tickets.

22 Mar 2017

Data brokers selling personal information to companies: MPs in Rajya Sabha

During the Zero Hour, SP member Sanjay Seth said that companies were calling up people offering loans or other schemes after purchasing such data from these operators.

22 Mar 2017

India, the third-largest Asian economy, ranked 131 on HDI: UN

India has ranked a lowly 131 among the 188 countries surveyed for human development, a new UN report has said.

22 Mar 2017

view of the port of Kalantari in the city of Chabahar, 300km (186 miles) east of the Strait of Hormuz .(Photo | Reuters)
India tries to fix Iran trade payments as Trump hardens line

Under previous Western sanctions, India had devised a barter-like scheme acceptable to Washington that allowed it to make some oil payments to Tehran in rupees through a small state bank, UCO Bank.

22 Mar 2017

Asia firms' confidence hits near 2-year high on U.S, China pick-up - Thomson Reuters/INSEAD

During the quarter, the United States and China - two top destinations for Asian exporters - reported a slew of upbeat economic data that was far better than market expectations.

22 Mar 2017

Hudco gets Sebi approval to float IPO

The proceeds from Hudco disinvestment will form part of the government's disinvestment kitty in the current fiscal.

22 Mar 2017

Commuters sit at a bus stop adorned with an advertisement of Indian online marketplace Snapdeal featuring Bollywood actor Aamir Khan, in Bengaluru, India, October 15, 2015. | File Reuters
Snapdeal says not in talks for sale

E-commerce marketplace Snapdeal on Wednesday firmly denied that it was in talks to sell the firm.

22 Mar 2017

(File Photo | Reuters)
Sensex drops 252 points, Nifty slips below 9,050

Domestic institutional investors (DIIs) sold shares worth a net Rs 798.57 crores, as per provisional data.

22 Mar 2017

Oil prices fall on bloated U.S. crude storage

The bloated storage comes as U.S. oil production has risen over 8 percent since mid-2016 to more than 9.1 million barrels per day (.bpd) to levels comparable in late 2014.

22 Mar 2017

Finance Minister Arun Jaitley (File | PTI)
Hoping to implement GST from July 1: Jaitley

Finance Minister Arun Jaitley on Wednesday said that the government was hoping to implement the Goods and Services Tax (GST) by July 1.

22 Mar 2017

An Indian one rupee coin is seen in this picture illustration taken in Mumbai . REUTERS/Files
Rupee falls by 27 paise against dollar in opening trade

Forex dealers said the dollar strengthened against major global currencies hitting the rupee sentiment.  

22 Mar 2017