Business

March 16, 2018 9:23 AM

Exports in February up 4.5% to 25.8 billion: Commerce Secy

India's exports grew by 4(point)5 per cent in February-2018 to 25(point)8 billion dollar.  It was 24.7 billion dollar during the same period of last year. Briefing reporters in New Delhi today, Commerce Secretary Rita Teaotia said, during April to February period of the current fiscal, expo...

March 14, 2018 8:12 PM

World Bank projects India's GDP growth at 7.3 per cent

The World Bank today projected India's GDP growth at seven point three per cent for the next financial year and accelerate further to seven point five per cent in 2019-20.  The World Bank's biannual publication, India Development Update - India's Growth Story, expects the ...

March 13, 2018 7:34 PM

RBI discontinues Letters of Undertaking, Letters of Comfort for trade credit

The Reserve Bank of India today discontinued Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits.  The RBI, in a circular, said it has been decided to discontinue the practice of issuance of LoUs/ LoCs for Trade Credits for imports into India by AD Category -I banks with im...

March 13, 2018 3:27 PM

BHEL secures order worth Rs 736 crore from NPCIL

The public sector Bharat Heavy Electricals Limited  BHEL has secured significant orders worth 736 crore Rs., after competitive bidding, for supplying Steam Generators for the Nuclear Power Corporation of India Limited (NPCIL).  The generators will be manufactured at the Tiruchirappalli plant of BHEL...

March 13, 2018 2:17 PM

IPR foremost critical agenda for development of medicines: Commerce Minister

Commerce Minister Suresh Prabhu today said Intellectual Property Right, IPR is the foremost critical agenda for development of medicines.  Inaugurating the National Conference on Counterfeiting and Role of Enforcement Agencies in New Delhi, Mr Prabhu said there is a need to ensure that there are no ...

March 13, 2018 2:08 PM

BHEL secures order worth Rs 736 crore from NPCIL

The public sector Bharat Heavy Electronics Limited BHEL has secured significant orders worth 736 crore Rs., after competitive bidding, for supplying Steam Generators for the Nuclear Power Corporation of India Limited (NPCIL).  The generators will be manufactured at the Tiruchirappalli plant of BHEL ...

March 13, 2018 1:44 PM

SBI slashes minimum balance charges by up to 75%

State Bank of India, SBI has cut down the charges for non-maintenance of average minimum balance in its savings accounts by up to 75 per cent.  The new charges, which will benefit about 25 crore bank customers, comes into effect from 1st of next month.  The bank said in a release that customers in m...

Most Read

View All arrow-right

No posts found.