Railways to introduce flexi fare pricing
New Delhi, Sep 7 (IANS) Indian Railways on Wednesday said that it will introduce flexi fare pricing in its Rajdhani, Duranto and Shatabdi trains from September 9. “The base fares will increase by 10 per…
Business
Assam to hold cabinet meeting in river Island
Guwahati, Sep 7 (IANS) The Assam government will hold a cabinet meeting in river Island Majuli on Thursday. The Island, a sub-division now, will also be declared a full-fledged district. Assam Chief Minister Sarbananda Sonowal…
India’s domestic passenger traffic up 26.2% in July: IATA
New Delhi, Sep 7 (IANS) India’s domestic passenger traffic grew by 26.2 per cent in July, a global airlines’ association said on Wednesday. “China and India are booming while more mature markets are stuck in…
Now drive without documents, courtesy DigiLocker
New Delhi, Sep 7 (IANS) Now, no need to carry around physical copies of the Vehicle Registration Certificate or the Driving Licence — it can all be stored digitally – courtesy the DigiLocker, a secured…
Mamata urges German investors to invest in Bengal
Munich, Sep 7 (IANS) Projecting West Bengal as a preferred destination for investment, Chief Minister Mamata Banerjee on Wednesday called upon German investors to put their trust in her state. Addressing an interactive session attended…
GST in power will lead to cascading effect on taxes: Ernst & Young
New Delhi Sep 7 (IANS) Though the power sector has been kept out of the ambit of the Goods and Services Tax (GST), technically it is within the purview, which will lead to a cascading…
Pan-India tea auction fails to generate fair price: ITA Assam
Guwahati, Sep 7 (IANS) The pan-India auction of tea has not been able to generate competition for a fair price as many producers were compelled to sell lower than their production cost, the India Tea…
Railways to introduce flexi fare pricing
New Delhi, Sep 7 (IANS) Indian Railways on Wednesday said that it will introduce flexi fare pricing in its Rajdhani, Duranto and Shatabdi trains from September 9. “The base fares will increase by 10 per…
Profit booking subdues equity markets
Mumbai, Sep 7 (IANS) Profit booking and caution on the eve of the ECB (European Central Bank) meet subdued the Indian equity markets on Wednesday, as both the key indices closed on a flat note…
Fire may hit Maruti Suzuki production
Gurgaon, Sep 7 (IANS) A major fire at the India-Japan Lighting (IJL) factory, a vendor company of Maruti Suzuki India Ltd (MSIL), may effect production of Maruti cars, a company official said on Wednesday. A…
Jio apps pip WhatsApp, Facebook on Google Play
New Delhi, Sep 7 (IANS) After taking the competition in India’s telecom space to a new level when Reliance Jio offered voice calls for free forever and cut down data costs, Jio apps have now…
Special package to Andhra likely in a day or two
New Delhi/Vijayawada, Sep 7 (IANS) The Centre is expected to announce a special package for Andhra Pradesh in a day or two as hectic consultations were on in the national capital on Wednesday. Finance Minister…
Karnataka releases Cauvery water to TN amid protests
Bengaluru, Sep 7 (IANS) Bowing to the Supreme Court order, Karnataka on Wednesday began releasing Cauvery river water to Tamil Nadu amid massive protests and demonstrations across the Mysuru region. “We have started releasing water…
SpiceJet Q1 net profit up 104%, stock rises 16%
Mumbai, Sep 7 (IANS) Budget passenger carrier SpiceJet on Wednesday reported a rise of 104.24 per cent in its net profit for the first quarter of 2016-17. The company’s Q1 net profit stood at Rs…
Compensation for Hindustan Cables staff as per 2007 pay scales
Kolkata, Sep 7 (IANS) Union Minister of State for Heavy Industries and Public Enterprises Babul Supriyo on Wednesday said the Union Cabinet has decided to close down the Hindustan Cables Ltd. (HCL) and its employees…
LeEco bags ‘Internet TV Solutions Gold Award’ at IFA 2016
New Delhi, Sep 7 (IANS) Chinese internet conglomerate LeEco’s television brand LeTV has won the “Internet TV Solutions Gold Award” at the “IFA Product Technical Innovation Awards 2016” in Berlin, Germany. LeTV stood out with…
Not considering FDI in multi-brand retail yet: Sitharaman
New Delhi, Sep 7 (IANS) India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday. “At the moment, India can create several Walmarts…
Sweden’s central bank keeps interest rate at historic low
Stockholm, Sep 7 (IANS) Sweden’s central bank, the Riksbank, left the repo rate unchanged at minus 0.50 per cent on Wednesday, it said on Wednesday. While inflation continues to rise in Sweden and the national…
CPEC projects worth $17 bn in advance stage of approval
Islamabad, Sep 7 (IANS) Several projects worth $17 billion under the China Pakistan Economic Corridor (CPEC) are in pipeline and advance stage of approval, the Associated Press of Pakistan (APP) reported on Wednesday. Out of…
No bank privatisation, GST implementation on target: Jaitley
New Delhi, Sep 7 (IANS) Even as India is merging some state-run banks, Finance Minister Arun Jaitley on Wednesday said there was no move to privatise them. He also said the target date of April…