Business

Diesel, petrol become cheaper in Madhya Pradesh

Fri, 10/13/2017 - 17:58

Bhopal, Oct 13 (IANS) The Madhya Pradesh government on Friday announced cuts in state-imposed taxes on diesel and petrol, which will lead to a reduction in the prices of the two petroleum products by Rs 4 and Rs 1.62, respectively.

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IWAI raises Rs 660 cr through bonds

Fri, 10/13/2017 - 15:02

New Delhi, Oct 13 (IANS) The Inland Waterways Authority of India (IWAI) has raised Rs 660 crore as "GOI Fully Serviced Bonds", which will be in addition to the budgetary support from the government, the Shipping Ministry said on Friday.

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Slowdown effect of GST, note ban has played out: Jaitley

Fri, 10/13/2017 - 14:20

Washington, Oct 13 (IANS) Finance Minister Arun Jaitley on Friday said the slowdown effect of demonetisation and GST roll-out on the Indian economy has played out and the country's growth is now headed towards being more balanced and sustainable.

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Despite record profit, Samsung CEO plans to quit

Fri, 10/13/2017 - 14:14

Seoul, Oct 13 (IANS) Even as Samsung expects to post record profit, its Vice Chairman and Chief Executive Officer Kwon Oh-hyun on Friday said he will step down from the position next year.

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Jaitley in US, makes strong case for reforms in H1-B/L1 visa processes

Fri, 10/13/2017 - 13:52

Washington, Oct 13 (IANS) Highlighting the contribution of skilled Indian professionals to the US economy, Finance Minister Arun Jaitley has made a strong case for reforms in H1-B/L1 visa processes during bilateral talks with the US Treasury Secretary and US Commerce Secretary here.

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Healthy macro data, strong rupee lift equity indices

Fri, 10/13/2017 - 13:18

Mumbai, Oct 13 (IANS) Healthy domestic factory output data, coupled with a strong rupee and healthy buying in banking, metal and consumer durables stocks, pushed the key Indian equity indices higher during the mid-afternoon trade session on Friday.

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