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India, Spain express need for EU-India free trade agreement

India, Spain express need for EU-India free trade agreement

The Prime Minister, Shri Narendra Modi calls on His Majesty King Felipe VI of Spain, at Palacio de la Zarzuela, in Madrid, Spain on May 31, 2017. Madrid, May 31 (IANS) India and Spain on Wednesday expressed the need to restart negotiations for an EU-India...

Indian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1%

New Delhi, May 31 (IANS) Demonetisation took a toll on the Indian economy with the Gross Domestic Product during the fourth quarter, ending March this year, falling sharply to 6.1 per cent from seven per cent in the previous quarter while growth for the...

150 Indian companies to visit Canada to explore business opportunities

New Delhi, May 31 The High Commissioner for Canada to India, Mr. Nadir Patel, is leading a delegation of 150 Indian companies to mark the 150th anniversary of Confederation of Canada or ‘Canada 150’. The visit is being organised in collaboration with...

AI to commence Delhi-Copenhagen direct flights from September

  New Delhi, May 30 (IANS) National passenger carrier Air India on Tuesday said that it will launch a direct flight service between Delhi and Copenhagen from September 16, 2017. According to the airline, the three times a week service will help improve...

Modi arrives in Spain

Madrid, May 31  Prime Minister Narendra Modi arrived in Spain on Tuesday on a two-day visit in the second leg of his six-day, four-nation tour of Europe. This is the first Indian prime ministerial visit to Spain in nearly 30 years after the visit of...
Prime Minister, Narendra Modi calls on the President of Germany, Frank-Walter Steinmeier, at Castle Bellevue,

Prime Minister, Narendra Modi calls on the President of Germany, Frank-Walter Steinmeier, at Castle Bellevue,

The Prime Minister, Narendra Modi calls on the President of Germany, Frank-Walter Steinmeier, at Castle Bellevue, in Berlin, Germany on May 30, 2017.
Modi, Merkel ink 12 MoUs, agree to further boost strategic partnerhsip, fight against terror

Modi, Merkel ink 12 MoUs, agree to further boost strategic partnerhsip, fight against terror

Berlin, May 31 : Prime Minister Narendra Modi today wound up his two-day visit to Germany with the two countries further cementing the strategic partnership by deepening cooperation on foreign policy, defence and security issues, besides expressing their...
Germany reaffirms support for India’s NSG membership bid

Germany reaffirms support for India’s NSG membership bid

Berlin, May 31  Germany on Tuesday reaffirmed its support for India’s membership in international export control regimes, including the Nuclear Suppliers Group, following the fourth biannual Inter-Governmental Consultations jointly headed by Prime...
India, Germany hold Inter-Governmental Consultations

India, Germany hold Inter-Governmental Consultations

Berlin, May 31  India and Germany on Tuesday started the fourth round of the biannual Inter-Governmental Consultations (IGC) here headed by Indian Prime Minister Narendra Modi and German Chancellor Angela Merkel. “PM @narendramodi & Chancellor...
Modi meets German Chancellor Merkel

Modi meets German Chancellor Merkel

Berlin, May 31  Indian Prime Minister Narendra Modi, who is on a two-day visit to Germany, attended a private dinner hosted by German Chancellor Angela Merkel on Monday, soon after he arrived in Berlin. “The bonds of a fruitful partnership. Chancellor...
REC posts its Highest Ever Annual Profit of Rs. 6,246 Crore

REC posts its Highest Ever Annual Profit of Rs. 6,246 Crore

Rural Electrification Corporation (REC) Limited, a Navratna public sector company focused on financing power projects announced its financial results for the quarter and year ended 31 March 2017 in a meeting held on 30th May 2017. The Total Income of...
SAIL Q4 loss reduces to Rs 771.3 cr

SAIL Q4 loss reduces to Rs 771.3 cr

New Delhi, May 31  State-run steel manufacturer SAIL reported a net loss of Rs 771.3 crore for the fourth quarter ended March, which was lower than the loss incurred in the same quarter of 2016, on the back of higher revenues during the last quarter. The...

Larsen & Toubro’s Q4 consolidated net profit rises 29.5%

Mumbai, May 30   India based multinational corporation Larsen & Toubro on Monday reported an an exponential rise of 29.5 per cent in its consolidated net profit for the fourth quarter (Q4) of 2016-17. According to the company, its consolidated net...

Coal India Q4 net profit falls 38% to Rs 2,716 cr

Kolkata, May 30  State miner Coal India on Monday posted a 38 per cent fall in net profit for the fourth quarter ended March at Rs 2,716 crore caused by lacklustre power demand, falling realisations from e-auctions and efforts to keep prices below international...
BPCL’s Q4 standalone net profit down 13%

BPCL’s Q4 standalone net profit down 13%

Mumbai, May 30  State owned oil marketing company BPCL on Monday reported a decline of 12.96 per cent in its net profit for the fourth quarter (Q4) of 2016-17. According to the OMC, its net profit during the quarter under review declined to Rs 1,841.68...
NTPC Q4 net at Rs 2,079 cr falls 25% on impairment loss

NTPC Q4 net at Rs 2,079 cr falls 25% on impairment loss

New Delhi, May 30 State-run power generator NTPC on Monday posted a 25.5 per cent fall in standalone net profit for the fourth quarter ended March at Rs 2,079 crore on account of impairement loss of Rs 783 crore on investment in its joint venture Ratnagiri...
Power Grid Q4 net profit rises 22%

Power Grid Q4 net profit rises 22%

Mumbai, May 30 State-owned Power Grid Corporation of India on Monday announced a 22.17 increase in its standalone net profit for the fourth quarter ended March at Rs 1,916.36 crore, compared with Rs 1,568.58 crore in the same period of 2015-16. Standalone...

GST to check tax evasion, ensure compliance: Jaitley

Bengaluru, May 30  The (GST), to be implemented from July 1, would check tax evasion and ensure greater compliance by more tax payers, said Union Finance Minister Arun Jaitley on Monday. “The GST will make tax collection efficient, check evasion...
India’ growth to slow down to 6.8% in 2016-17: World Bank

India’ growth to slow down to 6.8% in 2016-17: World Bank

New Delhi, May 30  A modest slowdown is expected in India’s growth with the GDP expected to fall to 6.8 per cent in 2016-17 as a result of temporary disruption caused by the government’s demonetisation initiative, the World Bank said on Monday. “India’s...
INDIA AND FIJI SIGN MOU ON DEFENCE COOPERATION

INDIA AND FIJI SIGN MOU ON DEFENCE COOPERATION

The Minister of Defence and National Security of Fiji, Ratu Inoke Kubuabola accompanied by his delegation met the Minister of Defence, Finance and Corporate Affairs, Shri Arun Jaitley in New Delhi today. The Ministers discussed expanded defence partnership...
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