Business

Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminium to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighbouring Canada.

The government will also examine and shut down all non-viable offshore operations of state banks to cut costs, financial services secretary Rajeev Kumar said.

Mukherjee said that to sustain such a growth rate for the longer term, the country will need to address issues like employability for the youth and boosting the rural economy.

Net tax receipts in the first ten months of 2017/18 fiscal year were 9.7 trillion rupees, government data showed.

This new proposed legislation intends to act against tax fraudsters and swindlers, making it difficult for them to borrow from banks and run away.

Faced with a CBI probe for alleged loan fraud, the Simbhaoli Sugars on Monday said it is committed to clearing its outstanding dues to the Oriental Bank of Commerce (OBC) in "due course of time" in consultation with all the lenders.

The ED told the court that Nirav Modi established various firms in Hong Kong, the USA, the UK, the UAE, South Africa and Singapore.

Prices were supported after Saudi Arabian oil minister Khalid al-Falih on Saturday said the country's oil production in January-March would be well below output caps, with exports averaging below 7 million barrels per day (bpd).

"While we may seek long-term solutions like privatisation of the banks, the need of this hour is to rally around honest bank officers and the honest business entities which have built trust on each other," Assocham Secretary General D S Rawat said in a st...

The requirement of generating and carrying e-way bill was to become mandatory from February 1 but it was indefinitely postponed due to technological glitches.

A Geographical Indication (GI) is primarily an agricultural, natural or a manufactured product (handicrafts and industrial goods) originating from a definite geographical territory.

During the arguments over the custody of the trio, the CBI told the court that key accused Gokulnath Shetty, then deputy manager (now retired) of PNB, had told them that issuing of the Letter of Undertakings (LoUs) had been going on since 2008.

Last month, Punjab National Bank, known as PNB, filed an initial criminal complaint with the country's Central Bureau of Investigation (CBI) accusing celebrity jeweller Nirav Modi and others of defrauding the bank and causing it a loss of 2.8 billion Indi...

On the Rs 1,700-crore investment announced in the city, Mahindra said, "we are exploring to set up a unique film-centric entertainment destination on our land at Kandivali in the city as Mumbai is the heart of Hindi film industry.

Sources meanwhile indicated that NTPC could be in talks with Bihar utilities for two joint venture projects at Kanti and Nabinagar but it could not be ascertained from the company.

As of March 2017, banks had extended loans and guarantees worth Rs 11, 400 crores to companies tied to billionaire jeweller Nirav Modi and his ncle Mehul Choksi