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11:54 ETMarkets after hours: Banking stocks continue to fall; Max Ventures rises 15%

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23:03 Reliance Jio ends free data plan, but offers cheapest rates; free calls to continue

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01:00 Budget 2017 is a mix of tax breaks and tax hits: Find out whether you benefit or lose

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11:45 Mapping the market: Telecom stocks ring loudly, midcaps outperform

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01:45 Wipro to let go 350-400 employees this fiscal

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16:27 Another 1.15 lakh cos in Mumbai may join GST portal soon

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01:01 Petrol, diesel delivered at your doorstep? Petro ministry looks to make it possible

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Business

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  • DA hiked to 136% for Haryana employees, pensioners

    29 April, 2017 2:58 PM 22

    Chandigarh: The Haryana government has raised the dearness allowance (DA) to 136 percent of the pay with effect from January 1, 2017, for its employees. "The Haryana government has decided that the rate of dearness allowance admissible to employees who continue to draw their pay in the pre-revised pay band/grade as per the 6th Pay Commission, has been enhanced

  • JSW Energy March net profit plunges 92% on output woes

    29 April, 2017 12:14 PM 20

    JSW Energy today reported a steep 91.74 percent drop in its consolidated net profit from a year ago at Rs 24.76 crore for the March quarter, largely due to lower power generation. Consolidated net profit in the same quarter a year earlier was Rs 299.94 crore, JSW Energy said in a BSE statement after its board approved the financial results at a meeting

  • PSBs to raise Rs 17,800 cr to shore up capital

    29 April, 2017 6:30 AM 26

    A slew of public sector banks, including Punjab National Bank and Union Bank, plan to raise a combined Rs 17,800 crore in one or more tranches this year through various instruments like bonds issue and follow on offer. The country's second largest public sector lender Punjab National Bank will raise up to Rs 3,000 crore through Basel III compliant additional

  • HC rejects RBI plea, okays $1.18bn award to DoCoMo

    29 April, 2017 12:52 AM 24

    MUMBAI: In a victory for NTT DoCoMo, the Delhi high court has approved the $1.18-billion settlement pact, which would allow the Japanese major to sell its 26.5% stake in the telecom joint venture back to Tata Sons. Initially, Tata Sons too had opposed the arbitral award. But recently the company supported it. Last month, both the joint venture partners

  • STF Found Seven Petrol Pumps Cheating Consumers Using Chip

    28 April, 2017 7:57 PM 18

    Lucknow: The Uttar Pradesh Special Task Force (STF) raided seven petrol pumps here which were allegedly using a remote-controlled electronic chip in fuel dispensing machines to dupe unsuspecting consumers. All the seven petrol pumps have been sealed and about 14 people were being questioned in this connection, ASP (STF) Arvind Chaturvedi said on Friday

  • Don’t enrich, pass GST benefit: Arun Jaitley

    28 April, 2017 7:44 PM 17

    New Delhi: Union finance minister Arun Jaitley on Friday asked industry to pass on the benefit of lower taxes under GST to consumers saying “profit is not a bad word, unjust enrichment is.” “Profit is not a bad word. But unfair enrichment is. And therefore the benefit of reduction in taxation is a benefit that consumers are entitled to. And that’s not a principle

  • Industry not doing its bit in creating jobs: NITI Aayog Vice-Chairman Arvind Panagariya

    28 April, 2017 5:50 PM 18

    NEW DELHI: Turning the tables on India Inc, NITI Aayog Vice-Chairman Arvind Panagariya today said the industry is not discharging its responsibility of creating jobs. "What is industry doing for job creation? Government makes policies ... I don't see single industrialist starting a factory to produce apparel. "Why China exports $175 billion worth apparel

  • Dharmendra Pradhan assures strict action against petrol pumps stealing fuel

    28 April, 2017 5:07 PM 21

    Slamming officials and petrol pumps where the electronic chips have been found, Petroleum Minister Dharmendra Pradhan on Friday reacted to reports saying strict action would be taken where the electronic chips had been found. "No culprits will be spared and today a special task force had raided multiple petrol pumps in Lucknow to check out the reports

  • This is how your petrol pump might be cheating you right in front of your eyes

    28 April, 2017 5:07 PM 20

    NEW DELHI: A series of raids by Uttar Pradesh Special Task Force (STF) in Lucknow yesterday have revealed how petrol pumps are cheating consumers. Most consumers only check the display of the fuel dispensing machine for the amount and the quantity of the fuel filled but the raids show that the pumps were using a remote-controlled electronic chip to dupe consumers

  • No Question Of Taxing Agriculture Income: Arvind Panagariya

    28 April, 2017 4:28 PM 18

    New Delhi: NITI Aayog Vice-Chairman Arvind Panagariya today categorically stated that there is no question of taxing agriculture income at a time when the government is keen on doubling the income of farmers. "80 per cent of rural areas are connected to agriculture and we are talking about doubling farmers' income. How can we talk about taxing farmers