New Delhi (IANS) A US aircraft manufacturer coined the term KISS — Keep It Simple Stupid — as it churned out bombers by the dozens at the height of the Second World War. An Indian company in the 1940s adopted the … read more
New Delhi (IANS) To give more pricing flexibility to the airlines, the Centre has expanded the airfare cap, sources said on Thursday. Accordingly, the lower fare band has been increased by 10 per cent, while the upper cap has been raised … read more
Mumbai (IANS) The Indian security markets regulator’s bar on Future Retail CEO Kishore Biyani will not impact the proposed deal to sell Future Group’s retail, wholesale, logistics and warehouse businesses to Reliance Retail. The SEBI order said that during the period … read more
New Delhi (IANS) The Budget for 2021-22 extensively and comprehensively envisages several initiatives and areas of focus, aimed at enhancing India’s overall competitiveness and manufacturing capacities, which would enable growth, diversification and technological enhancement of India’s exports, Commerce Secretary Anup Wadhawan … read more
New Delhi (IANS) India’s January merchandise exports rose over 5.37 per cent on a year-on-year basis, preliminary data showed on Tuesday. Accordingly, the country’s merchandise exports during the month under review grew to $27.24 billion from $25.85 billion in January 2020. … read more
New Delhi (IANS) Amid concerns of rise in non-performing assets in banks due to the pandemic, the government has decided to come up with a bad bank to take over the stressed assets of the lenders. Presenting the Union Budget for … read more
New Delhi (IANS) With talks of “timely” 5G roll out in India resurfacing again after a Covid-hit year that delayed spectrum auction, there are hopes that the fifth-generation cellular technology could be a reality in the second half of the year, … read more
New Delhi (IANS) Budget airline SpiceJet will add 20 new flights on its domestic network from February. Accordingly, the airline announced the launch of 16 new flights connecting Jaipur with different cities including Dehradun, Amritsar, Udaipur and Delhi among others. Besides, … read more
New Delhi (IANS) The Economic Survey has put the blame of the current banking crisis on the zombie lending following the Global Financial Crisis in 2008. The Economic Survey 2020-21 was presented by the Union Finance Minister Nirmala Sitharaman in Parliament … read more
Mumbai (IANS) Consecutive sessions of FIIs’ selling might have spooked market participants, but analysts cite that most foreign players have remained interested and invested in India’s equity market. Accordingly, the FIIs have net sold over Rs 6,800 crore from the equity … read more