Business

September 14, 2017 7:16 AM

All 1.55 lakh post offices to offer payments bank service

India Post Payments Bank is gearing up to provide its financial services through all of 1.55 lakh post offices and 3 lakh employees by the end of 2018 -- which will create India's second-largest payments bank in terms of reach. India Post Payments Bank (IPPB) Chief Executive Officer AP Sing...

September 14, 2017 7:15 AM

Finance Ministry releases timelines for submission of budget proposals<br/>

The Finance Ministry has released timelines for submission of proposals by different ministries and departments towards preparation of the first post-GST Budget, scheduled to be presented in February. As per the circular for the Budget 2018-19, the pre-budget meetings of ministries and departments w...

September 14, 2017 1:30 AM

Finance Ministry releases timelines for submission of budget proposals

The Finance Ministry today released timelines for submission of proposals by different ministries and departments towards preparation of the first post-GST Budget, scheduled to be presented in February. As per the circular for the Budget 2018-19, the pre- budget meetings of ministries and department...

September 14, 2017 12:21 AM

Telecom subscriber base dips marginally to 121 crore

India&apos;s telecom subscriber base dipped marginally by 1.3 lakh to 121.07 crore in July. The Telecom Regulatory Authority of India (Trai) informed this in its monthly subscribers report today.Only three operators- Reliance Jio, Bharti Airtel and state-run BSNL- reported subscriber additions i...

September 14, 2017 12:00 AM

All 1.55 lakh post offices to offer payments bank service

India Post Payments Bank is gearing up to provide its financial services through all of 1.55 lakh post offices and 3 lakh employees by the end of 2018- which will create India&apos;s second-largest payments bank in terms of reach. India Post Payments Bank (IPPB) Chief Executive Officer A P Singh...

September 13, 2017 11:32 PM

India well on path to produce 50 cr mobile phones by 2020

&apos;Made in India&apos; phones have seen significant growth, with the number of such devices poised to touch the 50 crore mark by 2019-20, an official said today. IT Ministry Additional Secretary Ajay Kumar said at an event in New Delhi said that India produced 6 crore mobile phones in 201...

September 13, 2017 9:17 PM

Sensex closes at 32,186, Nifty ends to 10079

The domestic stock markets ended little changed, today, the rupee also closed with only a small gain against the dollar.Rising for the fifth straight session, the sensex at the Bombay Stock Exchange closed with a slim gain of 28 points at 32,186 after very volatile trade. But the Nifty at the Nation...

September 13, 2017 2:04 PM

Retail inflation rises to five-month high of 3.36 per cent in August

Retail inflation rose to a five-month high of 3(point)36 per cent in August due to costlier vegetables and fruits. According to the data released by the Central Statistics Office, the consumer price index (CPI) based inflation stood at 2.36 per cent in the previous month. The August inflation number...

September 13, 2017 1:38 PM

Domestic stock markets climb again

The domestic stock markets have climbed again, today. So after a positive opening, the Sensex at the Bombay Stock Exchange gained further ground, and had advanced 146 points, or 0.5 percent, to 32,305 a short while ago. The Nifty at the National Stock Exchange had added 33 points, to 10,126. And at ...

September 12, 2017 9:02 PM

Retail inflation rises to five-month high of 3.36 per cent in August

Retail inflation rose to a five-month high of 3.36 per cent in August this year, due to some food items turning costlier. Consumer price index based inflation had stood at 2.36 per cent in July this year.Overall food inflation in August reversed its deflationary trend, and rose to 1.52 per cent in A...

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