Finance Minister Arun Jaitley delivering the A.P.J. Abdul Kalam Memorial Lecture at the India Islamic Cultural Centre in New Delhi on Saturday. Photo: R. V. Moorthy
Finance Minister Arun Jaitley delivering the A.P.J. Abdul Kalam Memorial Lecture at the India Islamic Cultural Centre in New Delhi on Saturday. Photo: R. V. Moorthy

We have missed the 2020 bus, says Jaitley

‘Need to ensure credible policies that could push GDP growth rates’. »
India may retaliate by planning to file as many as 14 cases at the WTO against the U.S.

India looks to counter U.S. move on trade sanctions

The sanctions, if approved, could cost India more than $450 million annually. »
The law applies to unorganised workers in factories, mines, plantations and construction. Photo for representational purposes only. File photo: Vijay Soneji

Centre to amend compensation law

Employers will be penalised up to an amount of Rs.1 lakh. »
Mr. Ashok Lavasa. Photo: V. Sudershan

'Merging Railway and Union Budget won’t alter fiscal deficit'

Ashok Lavasa, Finance Secretary, spoke to us about the proposed reforms of the budgeting process that the Centre is working on. »
Cases of copyright or trademark violations are taken up with relevant government agencies. File photo.

‘India taking up fake brands issue with China’

Fake goods of popular Indian brands like HUL, Dabur and Godrej exported. »
WASHINGTON, July 30, 2016

Inventory drop restricts U.S. Q2 GDP growth to 1.2 per cent

U.S. economic growth unexpectedly remained tepid in the second quarter as inventories fell for the first time in nearly five years and business investment weakened further, offsetting robust consumer... »
KOLKATA, July 30, 2016

Emami Agrotech to set up edible oil plant

Emami Agrotech Ltd. (EAL), part of the Emami Group, is keen on setting up an edible oil refining facility in Karnataka as it is central to the company’s plans to increase its footprint in the western ... »
BENGALURU, July 30, 2016

Infosys staff to get real-time feedback

Employees in India’s second largest IT services provider Infosys will soon be able to receive real-time feedback to on their performance, through a mobile application that the company is now developi... »
New Delhi,, July 30, 2016

Bank Of India to allot preference shares to govt for Rs 1,338 crores

Bank of India will issue shares on a preferential basis to the government for capital infusion of Rs 1,338 crore, the public lender has said. The bank will seek shareholder approval for the same at... »
New Delhi,, July 30, 2016

Gold prices rise, silver faces loss

Gold prices spurted to Rs 31,340 per 10 grams, a 29-month high, by surging Rs 540 in the bullion market tracking a firm trend overseas amid increased buying by jewellers at the domestic spot market. »
Former Union Minister Jairam Ramesh in conversation with Mukund Padmanabhan, Editor, The Hindu, on “25th Year of Reforms: A Retrospective of What Happened in June-July 1991” organised by The Hindu Centre for Politics and Public Policy in Chennai on Friday. — Photo: R. Ravindran
Chennai, July 30, 2016

Post-1991, inequality has widened: Ramesh

The economic reforms that started in 1991 have helped cut poverty significantly even as inequality has widened appreciably, said Jairam Ramesh, Member of Parliament, and author of a book To the Brink... »
CHENNAI, July 29, 2016

Mahindra Holidays total income rises by 9 per cent

Leisure holiday provider Mahindra Holidays and Resorts India Ltd., (MHRIL) has posted total income of Rs.254 crore for the first quarter of the current fiscal against Rs.234 crore, marking an increas... »
MUMBAI, July 29, 2016

SEBI plans to ease norms for start-up listings

The Securities and Exchange Board of India (SEBI) plans to relax guidelines for listing of start-ups. The regulator is in favour of the shares being traded in smaller numbers so that more investor... »
 In this April 22, 2015 file photo, the logo of India's largest online marketplace Flipkart is seen on a building in Bengaluru, India.
BENGALURU, July 29, 2016

Not sacking staff, says Flipkart

Flipkart, India’s largest online retailer, denied reports that it is gearing up to lay off 700-1,000 employees for poor performance.“Flipkart denies all allegations of a lay-off,” a Flipkart spokespe... »
Interest on non-payment of LF and SUC worked out to Rs.7,276.33 crore, the CAG said. - File photo: Prashant Nakwe
NEW DELHI, July 29, 2016

Centre to slap demand notices on telcos for Rs.12,400 cr. loss

The Centre is in the process of serving demand notices to telecom companies based on the CAG report alleging a loss of more than Rs.12,400 crore to the ex-chequer due to under-reporting of revenue, Pa... »

You turn a year older on day before birthday: CBDT

ICICI Bank Q1 net declines 25%

Tata Group revenue shrinks 4.6 per cent

States, airlines seek sops for regional connectivity plan

Rupee extends gains for 4th day vs dollar, ends up by 2 points

Sensex cracks 157 points as banks fall, BoJ disappoints

Bezos world’s third-richest, surpasses Buffett: Forbes

Gold, silver slide on weak global cues, muted demand

BENGALURU, July 30, 2016

Infosys co-founder Kris invests in GoCoop Solutions

Infosys co-founder Kris Gopalakrishnan has co-invested in GoCoop Solutions and Services, a venture that provides an online global marketplace for cooperatives and community-based weavers and artisans... »
Many of Europe’s banks are still saddled with billions of euros in poorly performing loans.
LONDON, July 30, 2016

EU banks fail to get clean bill of health

Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region’s banking watchdog said showed there was still work to do in order to boost credit ... »
CHENNAI, July 30, 2016

ITC’s packaging business to invest Rs.100 crore

ITC’s Packaging and Printing Business will invest Rs.100 crore to expand its existing product lines at its plant in Tiruvottiyur, according to a top official. “The proposed investment is being made... »
Siddhartha Lal, MD & CEO, Eicher Motors, at the Royal Enfield factory at Oragadam, near Chennai. Photo: Bijoy Nambiar
CHENNAI, July 30, 2016

Eicher Motors Q1 revenue rises 42 per cent

Eicher Motors Ltd., the flagship company of Eicher Group, which manufactures Royal Enfield motorcycles, has reported 42 per cent increase in revenues to Rs.1,556 crore and a 65 per cent rise in earni... »
Letters spell the word
July 30, 2016

Alphabet posts strong revenue on video market

Alphabet Inc, Google's parent, revealed that efforts to push its vast advertising business toward mobile is paying off as second quarter earnings handily beat Wall Street's expectations. The result... »
Finance Minister Arun Jaitley with Deputy Leader of the Opposition in the Rajya Sabha, Anand Sharma in New Delhi. File photo: R.V. Moorthy
New Delhi, July 29, 2016

With Congress on board, GST Bill may be passed next week

The Bill to amend the Constitution paving the way for the rollout of the Goods & Services Tax (GST), which became a political football between the Congress and the BJP in the last few months, is ... »  
BENGALURU, July 29, 2016

Ujjivan Q1 net up on improved productivity

Ujjivan Financial Services has reported a 102 per cent jump in its net profit for the quarter ended June 30, 2016 as against the same period last year. This follows efforts aimed at improving product... »
Siddhartha Lal, Motors Managing Director and CEO, Eicher Motors.
CHENNAI, July 29, 2016

Eicher Motors Q1 revenues rise 42%

Eicher Motors Ltd., the flagship company of Eicher Group, has reported 42 per cent increase in revenues to Rs.1,556 crore and a 65 per cent rise in earnings before interest, depreciation, tax and am... »
Deal may strengthen BPCL’s customer service.—FILE PHOTO
MUMBAI, July 29, 2016

BPCL picks up 21% stake in Fino PayTech

Oil marketing firm BPCL has decided to pick up 21 per cent stake in Fino Paytech — an entity which had received a licence to start a payments bank — for Rs.251 crore.All-cash dealThe transaction, whi... »
NEW DELHI, July 29, 2016

Mittal to continue as Railway Board Chairman for two years

The term of the present Railway Board Chairman A.K. Mittal has been extended for another two years. Appointed on December 31, 2014, Mr. Mittal’s tenure was supposed to end on July 30 this year. Prior... »

SBI’s merger with associate banks by March 2017

India can ratify ILO protocol on child labour: Dattatreya

Seshasayee steps down from Ashok Leyland board

August 5 is last date for filing income tax returns

Flipkart laying off at least 700 employees to cut costs

RBI Governor race: SBI chief keeps guesswork alive

Panasonic launches new smartphone at Rs 3,199

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Automation may be one reason why openings for traditional jobs see a contraction, but the jury is still out on this »