Business

Budget 2016: Mid-Term Full overview of Narendra Modi Government

New Delhi: Enough indications are coming up to suggest that the Union Budget for the fiscal year 2016-17 will primarily focus on stimulating growth without deviating too much from the fiscal....

UltraTech buys JP cement plants for Rs 16,500 crore

Mumbai: Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for Rs 16,500 crore (about....

Arun Jaitley to present Budget amid worries over country’s stagnating growth rate

New Delhi: Finance Minister Arun Jaitley is set to present India's national budget for the next fiscal on Monday amid worries over the country's stagnating growth rate, government finances and....

Dubai-based shipping firm starts coastal service from Kochi

Kochi: Sima Marine India Pvt Ltd, a subsidiary of Dubai-based Simatech Shipping, launched coastal container shipping service from Kochi connecting Mangalore in Karnataka, Goa and Mundra in Gujarat. Simatech Shipping....

FTV launches F Salon in India

New Delhi: International fashion and lifestyle broadcasting television channel FTV has ventured into beauty and wellness segment with the launch of its flagship salon titled F Salon here on Saturday.....

900 defence-related companies to participate in DefExpo 2016

Panaji: Over 900 defence-related companies are expected to participate in the DefExpo 2016, Defence Minister Manohar Parrikar said on Saturday, adding that a final decision on shifting the international B2B....

Rajasthan, private sector sign MOUs worth over Rs 11,000 crore

Jaipur: The Rajasthan government on Saturday signed 51 MOUs with the private sector for projects worth over Rs 11,500 crore, an official statement said. These MoUs, which were signed in....

Reliance Jio launch to intensify competition, consolidate spectrum

New Delhi: As Reliance Jio prepares for the launch of 4G telecom services in India, analysts feel the volumes and margins of incumbents will come under stress, even as the....

Urgent need of action to boost confidence about the recovery: IMF chief

Beijing: China is not the only economy in need of structural reforms as they are fundamental for the success of every G20 economy, IMF Managing Director Christine Lagarde said on....

Economic Survey pegs 7-7.5 % growth for current fiscal

New Delhi: The Economic Survey for 2015-16 tabled in parliament on Friday has pegged India's growth for the current fiscal in the 7-7.5 percent range.   Reviewing the major developments....

Railways to re-develop 400 stations under PPP mode

New Delhi: About 400 railway stations across the country would be re-developed through the public-private partnership (PPP) mode, Railway Minister Suresh Prabhu announced on Thursday while presenting his budget for....

Rupee weakened by 15 paise, touches 30-month closing low

Mumbai: The Indian rupee weakened by 15 paise on Thursday to touch its new 30-month closing low. The rupee closed at 68.71 against the US dollar at a level which....