Indian economy grows 7.7% in Q4, remains ahead of China


NEW DELHI : Indian economy grew 7.7% in the January-March quarter of 2017-18, the biggest expansion in seven quarters, on account of robust performance in manufacturing, construction and service sectors as well as good farm output, government data showed on May 31. However, the economic growth slowed to 6.7% in 2017-18 compared to 7.1% in 2016-17. India’s More...

by | Published 5 months ago
AirAsia Group-CEO-Tony Fernandes
By On Tuesday, May 29th, 2018

CBI books Air Asia CEO Tony Fernandes

NEW DELHI : The Central Bureau of Investigation( CBI ) has booked Group CEO of Air Asia Tony Fernandes for allegedly trying to manipulate government policies through corrupt means to get international license for More...

By On Tuesday, May 22nd, 2018

Petrol,diesel hits new all-time high Govt. Says”not in our hand”

NEW DELHI : Fuel prices continued their upward march on Tuesday, with the petrol and diesel prices hitting record highs of Rs.76.87 and Rs.68.08 a litre in Delhi, the reference market for the country. The petrol More...

By On Monday, May 14th, 2018

CBI files charge sheet in PNB-Nirav Modi fraud case

NEW DELHI : The CBI on Monday filed its first charge sheet in the country’s largest financial scam worth over $2 billion in the Punjab National Bank (PNB) by billionaire jeweller Nirav Modi, detailing the alleged More...

By On Thursday, May 10th, 2018

I-T writes Walmart, Flipkart on tax liability over USD 16 billion deal

NEW DELHI : The income tax department has sent a communication to Walmart Inc and Flipkart on the M&A deal apprising them about the sections of the I-T Act that would apply to the transaction. It has been told More...

By RAJEEV RANJAN NAG On Wednesday, May 9th, 2018

Walmart Buys 77% Stake In India’s Flipkart For $16 Billion

NEW DELHI : US retailer Walmart Inc on Wednesday acquired a 77 per cent stake in Flipkart for about $16 billion in its biggest acquisition till date. The deal values the 11-year old Indian e-commerce firm at More...

By On Monday, May 7th, 2018

ADB Calls India’s 7% Projected Growth ,Amazingly fast…

MANILA (Phillippines): The Asian Development Bank (ADB) has said that India’s projected GDP growth of over seven percent for the current fiscal is amazingly fast and if this momentum is maintained the size of More...

By On Wednesday, April 18th, 2018

No further supply of Rs 2,000 notes for now Says Government.

NEW DELHI:  A cash crunch at ATMs has hit a dozen states, including Uttar Pradesh, Madhya Pradesh, poll-bound Karnataka, Telangana, Andhra Pradesh, Bihar, Gujarat, Maharashtra, Rajasthan, and Punjab. While the More...

By RAJEEV RANJAN NAG On Tuesday, April 17th, 2018

More than adequate currency in circulation: FM Arun Jaitley

NEW DELHI : In a bid to allay the fears of cash shortage in the country, Union Finance Minister Arun Jaitley on Tuesday said there was more there adequate currency in circulation. He added that the temporary shortage More...

By On Thursday, April 12th, 2018

B P Sharma replaces Vinod Rai as Banks Board Bureau chairman

NEW DELHI : Former health secretary Bhanu Pratap Sharma has been appointed the new Chairman of Banks Board Bureau after former CAG Vinod Rai’s tenure ended last month. Bhanu Pratap Sharma a 1981-batch retired More...