India, US to discuss Huawei’s role in 5G trials
The US has been pressurising India to ban the Chinese company from its 5G development and deployment on the back of security concerns of Chinese surveillance on these networks.
Iran oil imports to be guided by India’s energy interests
India is engaging with the US on oil import alternatives in view of the US sanctions on Iran, sources said.
Govt pays back some IL&FS lenders, may shell out more
IL&FS group companies have an outstanding debt of over Rs 91,000 crore.
Polls ignite petrol, diesel sales
A ban on fuel oil in Delhi, Uttar Pradesh, Rajasthan and Haryana cut its demand, according to PPAC.
World is content to view Indian content
Data for January-March showed Hotstar, MXPlayer, JioTV, ZEE5 and Sony-Liv were among the top 10 downloaded entertainment applications worldwide.
Airtel prepays over Rs 22,000 crore of domestic loans
In the fiscal fourth quarter ended March 2019, Airtel’s net finance cost rose 30.2% sequentially and 38.4% on year, which continue to drag profitability.
BDO sacks partner in corruption case
Sources close to the department say that the tax authorities have also investigated the matter and the role of the firm.
Telecom sector set to turn net hirer in FY20
They are looking to recruit from companies such as Microsoft, Google, TCS, HCL Technologies, Ericsson and Nokia to help with network digitisation and preparing for 5G.
Govt to scan cos that haven't filed online KYC details
The government expected another 1.5 lakh companies to complete filing the KYC forms within the next month.
SBI Life offer comes at below its listing price
The stock is trading at a 13 per cent discount from its peak post the listing.
The liquidity debate: Surplus or deficit?
There's a realisation in the RBI that its liquidity framework needs a revamp, so there comes a new panel. ET explains why the time has come to effect a change.
Airport charges may fall as AERA ambit shrinks
Regulator to control only 13 airports after Cabinet okays amendment bill.
Indian MNCs openly allying with the LGBT cause
Companies in India are openly allying with the LGBT cause & encouraging staff to speak up about their identity.
Ind-AS may pose challenge for new IL&FS management
IL&FS’ audit panel closely monitoring preparation of financial statements of 3 group cos- IL&FS, IL&FS Financial Services (IFIN) and IL&FS Transportation Network (ITNL).
India looks to woo firms stuck in US-China trade war
The plan will help grow India’s manufacturing base and will aid Modi’s flagship ‘Make in India’ initiative.
How Jaitley's 5 years affected your budget
The budgets Jaitley presented shared a common theme — they taxed the rich to hand sops to the middle class.
NCLT approves Dhanuka Lab’s plan to buy Orchid
A consortium of 24 banks has lent a total of over Rs 3,200 crore to the drug maker and the lenders will be taking a haircut of around 65%.
View: Doubts over GDP numbers may continue
Th CSO is silent on the issue and the PMEAC paper, while raising doubts about Subramanian’s paper, doesn’t give an adequate explanation of the dissonance between many leading and coincident indicators and GDP.
DoT asks BSNL to put all capex on hold, stop tenders
The order has asked BSNL officers to put in abeyance advance purchase orders, and purchase orders of tenders that have been already finalised till further instruction.
View: Why Arvind Subramanian's GDP math is flawed
It is inconceivable that he was unaware of the numerous methodological shortcomings that are common knowledge among economists.
US Secretary of State Mike Pompeo arrives in India
Pompeo's visit comes ahead of the meeting between Trump and Modi on the sidelines of the G20 Summit, which will be held in Osaka, Japan from June 28-29.
Netflix betting big on Indian movies
Netflix, which announced 10 new films last month from India, has already released nine titles.
Pvt sector lost 15.41 mn phones in Jan-March: DoT
Tele-density, which was 91.45% in the beginning of the quarter reduced to 90.10% by the end of the March 2019.
Centre plans new RERA online platform for all states
Under the RERA Act, all states are mandated to constitute their respective real estate regulator which provides proper protection to home buyers.
Podcast: Can India do well with a well-being budget?
Borrowing cost of NBFCs rises despite RBI rate cuts
Aadhar Housing Finance said its cost of funds has risen 70 bps since October 2018, even after factoring in 5-10 bps reduction in banks’ MCLR.
'Improved infra may boost exports to $1tn in 3 yrs'
FIEO said India has huge potential to boost it's exports of goods and services from the current $535 billion.
Rupee circulation rises 22% over pre-note ban level
Govt said the notes in circulation had grown at an average growth rate of 14.51 per cent year on year wise since October 2014.
Honda also opposes abrupt switch to electric vehicles
From April 2020, India will implement strict BS-VI emission norms across the country for all categories of new vehicles.
Fintech player Open raises Rs 210 crore in fresh funding
The Bengaluru-based company will use the funds for scaling up its team and launch more products, it said Tuesday.
Budget may keep Status quo on angel tax for startups
Many startups, including those from the software industry, are seeking exemption from Section 68 of the I-T Act.
Jaishankar-Pompeo to discuss terror, H-1B & Iran oil
During his visit, Pompeo will also have a working lunch with Jaishankar and call on Prime Minister Narendra Modi.
Modi to hold talks with Trump, Macron on G20 sidelines
Modi's likely meeting with US President Trump, the first since his re-election last month, is set to attract a lot of attention amid strengthening of strategic ties between the two countries.
Govt issues guidelines to promote use of GI tag
A GI tag is primarily an agricultural, natural or a manufactured product (handicraft and industrial goods) originating from a definite geographical territory.
SpiceJet announces 8 new daily international flights
It said it will deploy its 168-seater Boeing 737-800 aircraft on all aforesaid routes.
AbbVie to buy Botox-maker Allergan in $63b deal
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held.
Check out names that can replace Acharya at RBI
The government will make a final choice in consultation with the governor.
Why Daljeet Singh Kohli is betting on these 4 sectors
We are expecting a good breakout move on July 5, says the Valentis Advisors fund manager.
Govt to come out with national e-commerce policy
This was informed by commerce and industry minister Piyush Goyal in his second marathon meeting with stakeholders, including e-commerce companies, on Monday.
ET Special Podcast: India, water we going to do?
Gross NPAs of banks may reduce to 8% by March 2020
Since 2016, loans worth Rs 17 lakh crore have been identified as NPAs (nonperforming assets) with 80 per cent of these loans held by public sector banks.
Recap of all key Interim Budget announcements
Goyal's budget had proposed tax breaks for the middle class, besides a host of sops for farmers and millions of employees in the unorganised sector.
Sensex snaps two-day losing run, jumps 312 pts
Positive news from IMD on advancement of southwest monsoon helped the market.
Safer than MFs, PO schemes high rates may go soon
The small savings rates may be revised downwards at the reset date post June 30 as not only has the RBI cut the repo rate but also the 10-year G sec yield has declined.
Press Note 2 on FDI in e-comm clarificatory: Goyal
Piyush Goyal said the Press Note 2 is clarificatory in nature and the government has not made any changes in the existing law.
Over 84,000 vacancies in Central Armed Police Forces
"In a written reply to Lok Sabha, the Home Ministry said vacancies keep arising in the forces due to retirement, voluntary retirement and death," the Centre said.
How e-commerce firms are manipulating you
Web designers and consumers have been highlighting examples of dark patterns online since Harry Brignull, a user-experience consultant in Britain, coined the term in 2010.
Monsoon covered nearly half of the country: IMD
Monsoon rains are crucial for farmers who plant cane, corn, cotton, rice and soybean in June and July, with harvests from October.
These three states top in Niti Aayog's health index report
The health index is a composite measure of states and union territories based on 23 health indicators with major weightage given to mortality rate, total fertility rate and sex ratio, among other parameters.
Govt okays Motor Bill with steep penalties for offences
The Bill proposes Rs 10,000 fine for not giving way to emergency vehicles and Rs 10,000 for driving despite disqualification.