Business

September 5, 2016 2:15 PM

Services growth hits three-and-a-half years high

Services sector growth touched the highest level in over three-and-a-half years, driven by new business orders amid improved market conditions. Nikkei India Services Purchasing Managers' Index (PMI), which tracks changes in activity at services sector companies on a monthly basis, stood at ...

September 5, 2016 12:15 PM

Oil prices slips in Asia, Russia-Saudi talks disappoint

Oil prices slipped in Asia today with traders disappointed by a lack of detail from Russia and Saudi Arabia on their plans to stabilise the crude market following talks at the weekend.Russian President Vladimir Putin met Saudi's Deputy Crown Prince Mohammed bin Salman on the sidelines of th...

September 5, 2016 11:36 AM

Services growth hits three-and-a-half years high

Services sector growth touched the highest level in over three-and-a-half years, driven by new business orders amid improved market conditions. Nikkei India Services Purchasing Managers' Index (PMI), which tracks changes in activity at services sector companies on a monthly basis, stood at ...

September 5, 2016 9:03 AM

More than 4 lakh train passengers opt for insurance cover

More than 4 lakh passengers have opted for the train travel insurance facility scheme till Friday evening making the passenger-friendly initiative a hit. A senior Railway Ministry official said in New Delhi that the scheme was launched on Thursday and a total of 4,03,335 passengers have availed the ...

September 3, 2016 9:30 PM

Air India Express turns profitable for the first time

Air India Express, the low-cost international subsidiary of Air India, has turned profitable for the first time since it started operations in 2005. The airline has made net profit of 361.68 crore rupees in the fiscal year 2015-16 against the loss of Rs. 61 crore registered in the year 2014-15, said...

September 3, 2016 9:20 PM

BSNL to launch promotional unlimited wireline broadband plan

State-run BSNL is planning to launch a promotional unlimited wireline broadband plan, that costs less than 1 rupee per GB download cost, for subscribers using up to 300GB data in a month.BSNL Chairman cum Managing Director Anupam Shrivastava said, under this plan, customers can download unlimited Br...

September 3, 2016 5:40 PM

Odisha govt inks lease agreement with Falcon Marine Exports

Odisha government has signed a lease agreement with Falcon Marine Exports for the operation of Jagatjore Shrimp Culture Project in coastal Kendrapara district.Odisha's Fisheries and Animal Resource Development Minister Pradeep Kumar Maharathy said the the government decided to go for long t...

September 3, 2016 1:23 PM

Railway budget likely to be presented by Finance Minister by 2017

By 2017, the railway budget is likely to be presented by the Finance Minister in general way and not separately as a Railway budget. Railway Minister Suresh Prabhu assured this at International Conference on Indian Railways held in Mumbai today. He said that a committee has been set up for the same....

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