Last Updated : Dec 19 2018 11:16AM     Screen Reader Access
News Highlights
PM Modi says a government wants to bring most items under 18 pc or lower GST slabs            FM Arun Jaitley says government will maintain fiscal deficit this year without drawing from RBI reserves            Indian economy projected to be fastest growing major economy during current and next fiscal year            India and South Korea to review progress of their special strategic partnership in 9th India-ROK Joint Commission meeting            Countdown begins for launch of communication satellite GSAT-7A           

Business News

Changes in policy, procedures in next 3 months to improve ease of doing business rank: P K Das

To ensure further improvement in India's position in the 'Ease of Doing Business Report-2019', the Centre will have to put in place changes in policy and procedures in next three months.

India will become five-trillion-dollar economy in 7-8 years: Prabhu

Minister for Commerce and Industry Suresh Prabhu said, with economic reforms, India will become a five-trillion-dollar economy in seven-eight years.

Sensex surges 77 points; Nifty closes at 10,909

Benchmark indices, Sensex and Nifty, on Tuesday, closed with gains for sixth session in row.

PSU Banks recover Rs 2.33 lakh cr worth of bad loans during 4 years

Minister of State for Finance Shiv Pratap Shukla informed Parliament that Public Sector Banks (PSBs) have recovered 2.33 lakh crore rupees worth of bad loans during the four years from financial year 2014-15 to fiscal 2017-18.

PSU banks do not have any plan to shut down ATMs: Govt

Minister of State for Finance Shiv Pratap Shukla has clarified that Public Sector Banks (PSBs) do not have any plans to shut down their ATMs.

Indian economy is now fairly large to display a certain degree of resilience: Jaitley

Finance Minister Arun Jaitley today said Indian economy is now fairly large to display a certain degree of resilience.

S&P 500 finished little changed after a volatile session

The S&P 500 finished little changed after a volatile session yesterday, as investors continued to be spooked by uncertainty on both domestic and international issues.

Oil prices slip after China reports slower economic growth

Oil prices today slipped after China reported slower economic growth, pointing to lower fuel demand in the world’s biggest oil importer, although market sentiment was supported by supply cuts agreed last week by major crude producers.

Global debt hits all-time high of USD 184 trillion: IMF

The International Monetary Fund said that global debt has reached an all-time high of 184 trillion US dollars with the United States, China and Japan accounting for more than half of it.

Govt, ADB sign 60 mln loan pact to reduce floods, riverbank erosion in Assam

The Centre and the Asian Development Bank, ADB today signed a 60 Million dollar Loan Agreement in New Delhi to continue financing riverbank protection works.

Sebi initiates adjudication against NSE

Markets regulator SEBI has initiated adjudication proceedings against NSE as well as around 30 entities in the exchange's co-location matter.

Ministry of Tourism formulates guidelines for approval, reapproval of OTA

The Ministry of Tourism have formulated the guidelines for approval and reapproval of Online Travel Aggregators, OTA to ensure adequate safeguards against deficiency of service, alternate arrangements and punitive deterrence.
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