Business

The rural development ministry has selected 50,000 gram panchayats across the country where women self-help groups (SHGs) are active and have basic banking infrastructure and households with savings accounts for the purpose.

As part of the procedure, HAL had initiated the process of initial public offering with the filing of the Draft Red Herrring Prospectus (DRHP) on September 29 with market regulator Securities and Exchange Board of India.

The total trade between India and Bhutan was valued at $ 817 million in 2016-17, up from $ 750 million a year ago, as per Indian government data.

Donald Trump had introduced 'once-in-a-generation' tax plans which he said would bring relief to the working Americans, spur job growth and reform the tax code.

The show, he said, will offer a great platform for businesses of both the countries to interact and explore investment possibilities.

As the Chairman of the Economic Advisory Council, Bibek Debroy has a direct point of contact with the PM Narendra Modi. On the other hand, in the NITI Aayog, he is subordinate to its Vice-Chairman Rajiv Kumar and CEO Amitabh Kant.

The rise in fuel rates can be attributed to a 14 percent increase in international petrol and diesel prices beside rising in commission paid to petrol pump dealers, the rating agency said in a report.

A firm dollar, dealers said, against global currencies overseas and domestic equities hitting a soft patch in early trade weighed.

The government is considering a plan to loosen its fiscal deficit target to enable it to spend up to Rs 50,000 crore more to halt an economic slowdown, two government officials said.

The board of Asian Development Bank (ADB) approved a loan of USD 300 million to continue a comprehensive series of fiscal reforms in West Bengal to bring about more accessible, affordable, and high quality public services, ADB said in a release.

Mobile companies currently charge 14 paise a minute for allowing a domestic call from a rival operator to terminate on their network.

The meeting comes days after government data showed GDP growth in the first quarter of the current fiscal slumping to a three-year low of 5.7 percent, from 7.9 percent in April-June of 2016 and 6.1 per cent of January-March.

Positive global cues, along with healthy buying in automobile, capital goods and consumer durables stocks, pushed the Indian equity markets higher, with the NSE Nifty50 touching record high levels on Monday.

Oil minister Dharmendra Pradhan on Monday said that there has to be a “uniform tax mechanism” all over the country for Petroleum products.

In a notice to shareholders ahead of its annual general meeting to be held on September 21, Tata Sons board had sought approval through special resolutions to amend its article of associations to bring about the change.

The 30-share index moved higher by 120.62 points, or 0.37 per cent, to 32,307.036. The gauge had gained 524.44 points in the previous five straight session.