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Economic survey 2016-17 has proposed the creation of a public sector asset rehabilitation agency (PARA) to resolve such large and complex cases.

Doing business is still not easy, Eco Survey reveals

Setting up and operating services or manufacturing business in India faces a maze of laws, rules and regulations, finds...

1 Feb 2020 2:11 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold demand falls below 700t, recycling rises 37 per cent last year

In 2019, the gold demand stood at 690.4 tonnes compared to 760.4 tonnes in 2018- a drop of 9 per cent, as per the World...

31 Jan 2020 1:37 AM IST

The textile sector wants the Union budget to provide adequate provisioning for export incentive schemes and set mechanism for timely disbursal. This will improve the liquidity in the sector and push exports.

Textile sector seeks adequate budget funds for export schemes,...

The last budget had considerably reduced the allocation for the textile sector.

30 Jan 2020 1:39 AM IST

E-commerce has been one sector which has been recording phenomenal value growth during festive season year-after-year.

Amazon, Flipkart face fresh heat over plastic

The NGT, however, pointed out that it is for the regulator CPCB to enforce the rules.

30 Jan 2020 1:34 AM IST

The price cuts are being made by the companies which have been focusing on clearing inventory ahead of summer season. New products will start arriving in the market from February as brands are focusing on new launches for 2020.

Durable prices soften as firms go light on inventory

Intense winters have also played a role in delaying purchase of refrigerators.

29 Jan 2020 1:49 AM IST

Following a disciplined financial approach would not only help inavailing loan, it can also help manage expenses better. (Representational image)

MFI loan defaults rise in Assam

The rapid growth of the loan book of late has also aggravated the concerns over asset quality.

29 Jan 2020 1:35 AM IST

The personnel ministry has also sought a report on action being taken to fill up the existing vacancies on monthly basis. The first such report should reach it by February 5.

Govt to fill up over six lakh vacant posts

Over 6.83 lakh posts were lying vacant in different central government departments, according to a latest government...

29 Jan 2020 1:33 AM IST

Onion crop has been grown in 12.93 lakh hectares in the 2019-20 crop year (July-June), higher than 12.20 lakh in the previous year.

Over 7 per cent jump in onion crop, 6 per cent rise in grains...

Potato production, too, is expected to be up by 3.49 per cent to 51.94 million tonnes compared to 50.19 million tonnes...

28 Jan 2020 1:43 AM IST

As for financial assistance to the scheme, of the Rs 6.16 lakh crore investment in PMAY(U) projects, the Centre has sanctioned Rs 1.63 lakh crore, but has released only Rs 64,000 crore.

Six years and PMAY(Urban) still moves at snail's pace

Of the investment in projects, the central government has sanctioned 26 per cent funds, but released only 10 per cent.

28 Jan 2020 1:32 AM IST

Import of rough lab-grown diamonds and export of polished ones have more than doubled since April.

Buyers need to be wary of lab-grown diamonds

As far as exports of polished lab-grown diamonds are concerned, a growth of 109 per cent was recorded in the month of...

27 Jan 2020 1:13 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.

Recovery in sight for FMCG in 2020

Crisil expects nearly 400 basis points moderation in growth to an estimated 8-9 per cent is likely in financial year...

22 Jan 2020 6:47 AM IST

Zomatos top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per cent.

Zomato gobbles up UberEats

With this deal, Zomato claimed to have become No. 1 in the food delivery space, which is projected to reach $15 billion...

22 Jan 2020 6:44 AM IST