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Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Steel consumption in India set for quantum jump: Pradhan

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government...

6 Nov 2019 9:07 AM

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 7:28 AM

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durables report steady growth in 2019; slowdown a threat in...

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per...

23 Dec 2019 4:04 AM

Onions may not be a staple , at less than one per cent of Indias total food production, or about 800 grams a month per person per month on average, but the bulb is not inessential.

High onion prices figured prominently in RBI MPC meeting, minutes show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing...

19 Dec 2019 2:07 PM

A recent announcement by the countrys chief executive that the government will be focusing on the Ease of Doing Business Index ranking was a welcome development. (Representational image)

DPIIT optimistic of India breaking into top 50 in 'ease of doing biz'...

India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.

19 Dec 2019 12:03 PM

Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is 25 per cent of the addressable market, KPMG India national head (Financial Services) Gayathri Parthasarathy said in the report. (Photo: Representational)

Room for strong growth for microfinance in India: KPMG

Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35...

19 Dec 2019 6:19 AM

Bibek Debroy

Impact of GST will take time to show results: Bibek Debroy

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

17 Dec 2019 6:37 AM

Shaktikanta Das

RBI saw slowdown, acted ahead of time by cutting interest rates from...

In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

16 Dec 2019 6:22 AM

Finance minister Nirmala Sitharaman

FM Sitharaman to hold pre-Budget meetings with stakeholders beginning...

FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.

16 Dec 2019 5:46 AM

Slack is a platform where employees can send messages, collaborate, organize and share files.

Slack says it has 10 million daily active users

The number of paying customers using Slack has risen by more than 50 percent over the past five years to over 85,000.

30 Jan 2019 6:05 AM

Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan, Tata Motors expect near-flat industry growth in FY19

In the current fiscal, the automotive industry is expected to witness flat growth," president of Nissan Motor India.

23 Jan 2019 12:14 PM

Cement offtake has continued to remain weak in H1 FY2018 because of factors such as weak real estate activity.

Domestic cement sector to see modest growth in FY20: report

Between 2008 and 2018, cement demand increased at 6.15 pc CAGR, while capacity increased at 9 per cent CAGR.

27 Feb 2019 11:52 AM