Business

February 28, 2017 1:39 PM

RBI sets up inter-disciplinary standing committee to review cyber threats

RBI has announced setting up of an inter-disciplinary standing committee on cyber security to review the threats inherent in the existing and emerging technology. In a release, the apex bank today said, the 11-member committee will study adoption of various security standards and protocols, interfac...

February 28, 2017 10:30 AM

Sensex moves up 51 points in early trade today

The Sensex at the Bombay Stock Exchange recovered by about 51 points at 28,863 in early trade today. The 30-share index had lost 80 points in the previous session. The Nifty at the National Stock Exchange scaled the 8,900-mark. It was up 14 points at 8,910.At the foreign exchange market, the rupee d...

February 28, 2017 5:07 AM

Bank unions threaten to go for a one-day strike today

The bank unions have threatened to go for a one-day strike today to protest on various issues including outsourcing of permanent jobs and compensation for employees for extra work done after the demonetisation last year.General Secretary of the All India Bank Employees' Association, C H Ven...

February 27, 2017 11:44 PM

North East region achieves huge success in field of raw silk

The North East region has achieved huge success in 2015-16 in the field of raw silk by producing nearly 5500 metric tonnes of eri, muga and mulberry. Taking part in AIR talk show silk scientists Somesh Paliwal and Soni Biyay Kumar said that, only Assam produced 142 metric tonnes of costly Muga in th...

February 27, 2017 11:36 PM

India has potential to grow faster, job creation plans underway: Jaitley

Finance Minister Arun Jaitley said India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas. The Finance Minister, who is meeting top government officials and business leaders in London said India still has the potential to grow at a higher rate than...

February 27, 2017 11:36 PM

India has potential to grow faster,job creation plans underway: Jaitley

Finance Minister Arun Jaitley said India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas. The Finance Minister, who is meeting top government officials and business leaders in London said India still has the potential to grow at a higher rate than...

February 27, 2017 11:17 PM

RBI's next inflation expectations survey in March

The Reserve Bank has announced the launch of its latest 'Inflation Expectations Survey of Households' across 18 cities aimed at capturing subjective assessments on price movements. The apex bank said today that the survey for March 2017 will cover around 5,500 households, based on ...

February 27, 2017 12:28 PM

Rupee up 17 paise against US dollar in early trade

Continuing its uptrend, the rupee firmed up by another 17 paise to 66.65 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks. The benchmark BSE Sensex lost 80 points to trade at 28,813 in morning trade

February 26, 2017 1:35 PM

FDI inflow zooms 18 per cent to $46 billion in 2016: DIPP

Foreign direct investment in the country grew 18 per cent in 2016, to 46 billion dollars, according to data released by the Department of Industrial Policy and Promotion. The sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software, and a...

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