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  Business   Economy  08 Jun 2017

Business, Economy, 08 Jun 2017

Unique ID like PAN or Aadhaar to be made mandatory for flight

Government has constituted a technical committee that will prepare a white paper on this proposal in 30 days.

08 Jun 2017 7:55 PM

ASSOCHAM urges govt to resolve NPA issue

ASSOCHAM president also urged that the NPA norms on getting the account classified under NPA category for core sectors should be extended.

08 Jun 2017 7:03 PM

Indian economy to consolidate in FY 2017-18:RBI survey

"Respondents' outlook on the future economic situation was, however, more optimistic," the survey said.

08 Jun 2017 6:29 PM

GST may impact gold demand in short term: WGC

India's gold demand, which we expect to be between 650-750 tonnes in 2017, rising to 850-950 tonnes by 2020.

08 Jun 2017 5:37 PM

Finance ministry eyes IIFCL,IFCI merger

Currently, the financial institutions are not capable of financing huge infrastructure requirement.

08 Jun 2017 4:39 PM


K'taka farmers earn 38% more via e-trading

Currently, 157 mandis in Karnataka use e-trading, e- permits, e-payments, and scientific grading and assaying services.

08 Jun 2017 4:27 PM

India growth unchanged at 7.1 per cent in 2017-18:HSBC

According to the global financial services major HSBC, output gap in the country is likely to remain negative for longer period of time.

08 Jun 2017 3:57 PM

Banks need Rs 95,000 cr capital, stressed assets to rise: Moody's

Gross Non Performing Assets or bad loans will increase to Rs 8.2 -Rs 8.5 lakh crore by the end of 2017-18.

08 Jun 2017 3:31 PM

Cross border mergers make India favoured FDI route: UNCTAD

FDI flows to the five BRICS countries last year rose by 7 per cent to USD 277 billion.

08 Jun 2017 3:04 PM

India, a top spot for global steel output says report

The firms like SAIL and Tata Steel are expected to drive the steel output growth, according to a BMI Research.

08 Jun 2017 2:22 PM


Nomura report says RBI to keep interest rates unchanged

According to the Japanese financial services major, headline CPI inflation is expected to remain low in the near term .

08 Jun 2017 2:07 PM

Open market required for India to sustain 8-10 pc growth

Subramanian said, India has done a lot on FDI and more would help in attracting investment.

08 Jun 2017 1:47 PM

Railways to save Rs 1500 cr in high-value purchase

Railways has been striving hard to increase its revenues while at the same time reducing our expenses.

08 Jun 2017 1:09 PM

DIPP to soon release SOP for FDI proposal clearances

Inflow of foreign direct investment into India increased by 9 per cent to USD 43.48 billion in 2016-17.

08 Jun 2017 12:35 PM

Strong autonomy message: MPC declines FinMin meet request

All the MPC members declined the request of the finance ministry for that meeting.

08 Jun 2017 12:17 PM


India, a top FDI choice for investors:report

Although new liberalisation efforts continue to improve the investment climate in India, tax-related concerns remain a deterrent.

08 Jun 2017 10:38 AM

Home loan rates may fall as RBI cuts risk weights

The central bank has also decided to reduce the standard asset provisioning rate on such loans.

08 Jun 2017 5:21 AM

Farm loan waiver may hike prices

Maharashtra and Madhya Pradesh — both states ruled by the BJP — are witnessing agitation for farm loan waivers.

08 Jun 2017 5:04 AM

Low rate may not help in pushing growth: RBI

Targeted intervention for healthy sectors is better, says dy governor.

08 Jun 2017 4:46 AM