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IndiGo’s Q1 net profit up 37%

New Delhi, July 31  Budget passenger carrier IndiGo on Monday reported an increase of 37 per cent in its net profit for the quarter ended June 30, 2017. According to the airline, the net profit during the quarter under review increased to Rs 811.14 crore...

ITR filing deadline extended till Aug 5: CBDT

New Delhi, July 31  The Central Board of Direct Taxes (CBDT) on Monday extended the deadline for income tax return filing for 2016-17 till August 5. “In view of the difficulties faced by taxpayers, date for filing of Income Tax Returns for 2016-17...

Climate change pushing Asia towards doom, says report

Much of Asia may see 50 per cent more rainfall due to climate change, although countries like Pakistan and Afghanistan may experience a decline in rainfall by 20-50 per cent, says a new report by the Asian Development Bank (ADB) and the Potsdam Institute...
Ravneet Kaur is new ITDC Chairperson, Managing Director

Ravneet Kaur is new ITDC Chairperson, Managing Director

New Delhi, July 31 Ravneet Kaur, Additional Secretary, has been appointed as chairperson and managing director of India Tourism Development Corporation (ITDC), it was announced here on Monday. Ravneet Kaur, a 1988 batch IAS officer of Punjab cadre, was...

Suicide bomber targets Iraqi Embassy in Kabul

Kabul, July 31  A suicide bombing followed by gunfire targeting the Iraqi Embassy in the Afghan capital on Monday left an unknown number of casualties, officials said. The Islamic State militant group claimed the attack. The Interior Ministry said four...

Modi announces Rs 2 lakh for kin of flood victims

New Delhi, July 31  Prime Minister Narendra Modi on Monday announced ex-gratia of Rs 2 lakh for the kin of those who lost their lives in the Assam and Rajasthan floods. “PM Narendra Modi announced Rs two lakh each for the next of kin of those who...

Investors, intermediaries confident of India’s 6.5-7.5% GDP growth: Moody’s

Mumbai, July 31  Some of the largest investors, intermediaries and issuers in Asia Pacific are confident of India’s stable economic growth in the region of 6.5 per cent and 7.5 per cent over the next 12-18 months, Moody’s Investors Service...
Oil India Limited observes Swachhta Pakhwada-2017

Oil India Limited observes Swachhta Pakhwada-2017

The employees of Oil India Limited (OIL), the second largest national E&P Company in the country, observed the Swachhta Pakhwada-2017, from 16th to 31st July, 2017, with fervour and zeal, throughvaried and innovative activities, across allspheres...
RBI rate cut hopes, earnings season lift Indian equities

RBI rate cut hopes, earnings season lift Indian equities

Mumbai, July 31  Indian equity markets traded with appreciable gains during the mid-afternoon session on Monday as hopes of a rate cut in the upcoming monetary policy review of the Reserve Bank of India (RBI), coupled with expectations of healthy quarterly...
SBI cuts savings deposit rate by 50 bps to 3.5%

SBI cuts savings deposit rate by 50 bps to 3.5%

Mumbai, July 31  The State Bank of India (SBI) on Monday announced a 50 basis points (bps) cut in the interest rates for savings accounts having deposits below Rs 1 crore, effective immediately. The revised interest rate for savings accounts having up...
Fire breaks out at Shastri Bhawan

Fire breaks out at Shastri Bhawan

New Delhi, July 31  A fire broke out at the Shastri Bhawan on Monday due to a short circuit in an air conditioner (AC), an official said here. “The fire broke out on the seventh floor of the building at 9.42 a.m. Five fire tenders rushed to the...
BJP shuts down Kerala after RSS man’s murder, eight arrested

BJP shuts down Kerala after RSS man’s murder, eight arrested

Thiruvananthapuram, July 31  A dawn-to-dusk shutdown called by the BJP after an RSS activist was killed derailed normal life across Kerala on Sunday even as police arrested eight persons allegedly linked to the ruling CPI-M for the killing. After being...
World will study India’s GST experiment one day: Modi

World will study India’s GST experiment one day: Modi

New Delhi, July 31  Prime Minister Narendra Modi on Sunday hailed the Goods and Services Tax (GST) regime for bolstering the country’s economic progress, and expressed the belief that one day the world would definitely study “India’s...
India, Russia likely to ink deal for more Mi-17 V5 choppers this year

India, Russia likely to ink deal for more Mi-17 V5 choppers this year

Moscow, July 31  India and Russia hope to conclude a contract to purchase an additional 48 Mi-17 V5 medium lift helicopters by the end of this year, an official here said. Aleksandr Mikheev, CEO of Rosoboronexport, the state agency for exporting defence...
No plan to shift to Jan-Dec financial year from 2018: Minister

No plan to shift to Jan-Dec financial year from 2018: Minister

New Delhi, July 31  Though discussions on shifting the financial year to January-December instead of April-March are still on within the government, the change will not happen next year, according to Minister of State for Finance Santosh Kumar Gangwar. In...

RBI needs to cut interest rate by 25 basis points: Assocham

New Delhi, July 31  Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry chamber Assocham has on Sunday urged the apex bank to cut interest rates in view of latest data that shows inflation at a five-year...
Explore the challenges with resilience and be the Change Agent to Achieve Goals –Dr.S.K Acharya

Explore the challenges with resilience and be the Change Agent to Achieve Goals –Dr.S.K Acharya

The 10th Graduation Day of Jawahar Science College was held at Lignite hall, Block-11, Neyveli, today (30.07.2017) wherein Dr. S.K. Acharya CMD, NLCIL gave away the degrees to the successful candidates and delivered Graduation Day address. 472 students...
Punjab National Bank entered MoU with Army Group Insurance Fund

Punjab National Bank entered MoU with Army Group Insurance Fund

Punjab National Bank and Army Group Insurance Fund (AGIF) have entered into MoU under which PNB will be extending Housing loan to AGIF members. The documents were signed in a ceremony held at Punjab National Bank, Head Office Bhikhaiji Cama Place, New...
NTPC’s JV Company – Meja Urja Nigam Pvt. Limited signs loan Agreement with PFC

NTPC’s JV Company – Meja Urja Nigam Pvt. Limited signs loan Agreement with PFC

Meja Urja Nigam Pvt Limited , a 50:50 joint venture of NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. , signed a Loan Agreement for Rs 6608 crore to finance capital expenditure of  power project consisting of 2 units of 660 MW being set...
Petroleum Minister, Dharmendra Pradhan, inaugurates 6th Petrochemical Conclave

Petroleum Minister, Dharmendra Pradhan, inaugurates 6th Petrochemical Conclave

Gandhinagar, 29th July: The Government of India is planning to set up petrochemical clusters, in Eastern, Western and Southern India to spur the growth of the sector with a view to meeting the increasing demand for polymers/plastics and speciality chemicals...