Sunday , 26 May 2019


Bourses begin 2019 on bullish note; Sensex soars 186 pts

PTI   MUMBAI Indian equity market started the New Year on a positive note, with BSE benchmark Sensex rising over 186 points Tuesday on account of banking stocks rally following the Reserve Bank’s comments that the banking sector is on a recovery path amid receding impaired assets load. The 30-share BSE Sensex closed at 36,254.57, rising 186.24 points or 0.52 ... Read More »

Don’t need RBI’s reserves to meet fiscal deficit: Jaitley

NEW DELHI: Finance Minister Arun Jaitley on Monday made it clear that the government does not need RBI’s reserves to bridge the widening fiscal deficit as the Lok Sabha voted the Supplementary Demands for Grants for 2018-19 to the tune of Rs 85,948.86 crore, including Rs.41,000 crore for bank recapitalisation. Read More »

Railways parking, catering contracts go online to checkmate alleged mafia

NEW DELHI: In a major policy shift, bidding for parking, catering and parcel-leasing – worth about Rs 3,000 crore a year — will be awarded through an e-tendering process as the Indian Railways has decided to do away with paper-based traditional tendering methods. Read More »

Foreign tourists can now fly directly to Andamans

NEW DELHI: Foreign tourists can now directly fly to the Andaman and Nicobar Islands as the government has designated Port Blair airport as an authorised immigration check post for entry into and exit point from India. Read More »

India, Bhutan review development of hydroelectric projects

New Delhi: India and Bhutan on Friday reviewed the progress of hydroelectric projects in the Himalayan kingdom during a meeting between Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering here. Read More »

Samsung Galaxy M Series phones to sport Infinity V Display

Samsung’s Galaxy M series smartphones, set to make their global debut in India in January 2019, will sport a 6.4-inch Infinity V display and a large battery, probably the largest ever on any Samsung smartphone, according to industry sources. Read More »

Petrol prices fall again on Friday, touch fresh lows in 2018

New Delhi: Fuel prices saw another cut on Friday following which petrol prices touched new lows this year.  On Friday, petrol, diesel prices fell between 14-22 paise per litre across major cities of the country. After Friday’s revision, petrol price in Delhi touched Rs 69.55 as against Rs 69.74 yesterday. Diesel in the national capital is selling at Rs 63.62, ... Read More »