Business

Forex traders said market participants were cautious after the benchmark 30-share sensitive index, Sensex, plummeted 1,083.85 points to 38,661.81 in opening session amid global selloff.

Chicken sales have come down to 35 million birds a week from 75 birds a week across the country, while ex-farm gate prices have dropped over 70 per cent to Rs 35 per kg from Rs 100 per kg in last one month although the cost of production is about Rs 75 pe...

Nirmala Sitharaman asked the banks to devise a mechanism by which customers would be given a "sure date" to meet officials to discuss issues.

The wholesale retailer, which has registered profits in the last two years in India, has so far partnered with 2,000 kirana stores in Bengaluru, Hyderabad and Delhi, offering them complete end-to-end retail solutions.

Uttar Pradesh's new and improved single window portal (Nivesh Mitra) has simplified the process of setting up industries, it added.

Mittal said Airtel is committed to complying with the Supreme Court order on adjusted gross revenue (AGR) dues, and asserted that the company will make balance payment 'expeditiously'.

The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the telecom department.

At 2:45 pm, Vodafone Idea shares were trading at Rs 4.20 apiece, up 40% from their previous close, after hitting the day’s high of Rs 4.45.

India buys about 80% of its solar modules from China. Purchasing them elsewhere would be between 15% and 20% costlier and could erode returns from the affected projects by up to 3%.

The official source privy to the development said that while Vodafone Idea Limited, has made payment of Rs 2,500 crore, Tata Group has paid over Rs 2,190 crore.

Earlier this month, the central bank opted for a status quo on the benchmark interest rate, amid signs of hardening inflation and an uncertain global environment.

The carrier, which has been aggressively expanding its operations, expects to take a final decision on Boeing compensation before March-end, according its Chief Financial Officer Kiran Koteshwar.

Responding to a question on the recent budget presented by Union Finance Minister Nirmala Sitharaman, IMF Spokesperson Gerry Rice said that there is a weaker economic environment in India.

Speaking at the Times Now Summit, he said the concern was that as some people always found ways to evade taxes, the honest got penalised.

CBI booked Educomp Solutions, its MD Shantanu Prakash, guarantor Jagdish Prakash, subsidiary Edu Smart Services and directors Vijay Kumar Choudhary and Vinod Kumar Dandona for criminal conspiracy, cheating, forgery and under the Prevention of Corruption A...

This statement comes days after a UBI official said that the government is expected to announce the new name and logo of the merged bank which will become operational from April 1, 2020.