AIIB to play instrumental role in infra development: PM Modi

Prime Minister Narendra Modi has expressed confidence that Asian Infrastructure and Investment Bank, AIIB along with the BRICS New Development Bank will play an instrumental role in development of infrastructure in the Asia region. The Prime Minister was interacting with President Designate of the A...

AIIB to play instrumental role in infra development: PM Modi

Prime Minister Narendra Modi has expressed confidence that Asian Infrastructure and Investment Bank, AIIB along with the BRICS New Development Bank will play an instrumental role in development of infrastructure in the Asia region. The Prime Minister was interacting with President Designate of the A...

Sensex drops 109 points; Rs weakens 18 paise against dollar

The domestic stock markets lost some ground after a volatile day's trading, other key Asian markets took a bigger beating, and the rupee also weakened. The Sensex at the Bombay Stock Exchange ended with a fall of 109 points, or 0.4 percent, at a 19-month low of 24,825. The Nifty at the Nati...

Car sales up for 14th straight month

Car sales in the country rose 12.9 per cent, year-on-year, to 1.73 lakh units in December, amid heavy discounts by manufacturers. Car sales have now increased for the 14th straight month. According to data released by the Society of Indian Automobile Manufacturers, SIAM, overall passenger vehicle sa...

Railways seek suggestions to formulate holistic hawker policy

Railways have sought suggestions to formulate a holistic hawker policy for the public transporter. The policy should aim at providing social justice to the hawkers and at the same time not lead to operational bottlenecks, said a senior Railway Ministry official. Suggestions can be posted at hawkerpo...

Global crude oil prices slip towards 12 year low

India Post expects to collect 1500 Cr rupees through cash-on-delivery this fiscal

India Post expects to collect 1500 crore rupees through cash-on-delivery this fiscal. Talking to a news agency, Communications and IT Minister Ravi Shankar Prasad said Department of Posts has already collected 1000 crore rupees through cash-on-delivery till December. He said his top most priority is...

CII Partnership Summit: Andhra to attract over 2 lakh crore rupees investments

Andhra Pradesh is all geared up to attract more than two lakh crore rupees investments during the 3-day CII Partnership Summit 2016 that gets underway in Visakhapatnam today. The 22nd edition of the Partnership Summit is being organised by the Confederation of Indian Industry (CII) in collaboration ...

40 domestic and multinational financial giants want to partner India Post: Ravi shankar

Union Communications and IT Minister Ravi Shankar Prasad has said as many as 40 domestic and multinational financial giants, including Citigroup, Barclays and ICICI Bank, have sought to partner India Post for its upcoming payments bank. While addressing postal employees in Mumbai yesterday, Mr Prasa...

Volkswagen posts its first drop in VW brand sales in 11 years

German Carmaker Volkswagen has posted its first drop in VW brand sales in 11 years as the company continues to cope with its emissions scandal. Sales of VW brand cars fell 4.8 per cent in 2015 to 5.82 million cars from 6.12 million a year earlier. Falling demand in China and US added to the losses a...