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16 January, 2019 8:00 AM RBI may take dovish stance in February policy with softer inflation

With softer retail and wholesale price-based inflation, Reserve Bank of India is likely to change its policy stance from 'neutral' from 'calibrated tightening' in the February policy, says a report. The inflation based on the Consumer Price Index (CPI) eased to an 18-month low of 2.19 percent in December compared to 2.33 percent in November and 5.21 percent 1008

15 January, 2019 5:00 PM Press conferences by ministers, senior leaders across country for next 4 days: BJP

The BJP announced on Tuesday that its senior central government ministers, chief ministers and other prominent leaders would be holding press conferences at around 50 places across the country for the next four days. "Through press conferences, the messages given by Prime Minister Shri Narendra Modi and party's national president Amit Shah during the National 183

15 January, 2019 4:10 PM Fortis avails Rs 1,100 cr loan from Citibank

Fortis Healthcare on Tuesday said it has inked a pact with Citibank to avail a loan of Rs 1,100 crore in order to take care of its contractual commitments and strategic objectives. The loan agreement was executed on January 10, with certain CPs (commercial papers) for disbursal being fulfilled on January 14, Fortis Healthcare said in a regulatory filing 156

15 January, 2019 1:03 PM Trade Deficit Narrows To 10-Month Low As Gold Imports Fall

Trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, due to a fall in gold imports, the trade ministry said in a statement on Tuesday. In November, the trade deficit was $16.67 billion. In December, merchandise exports rose 0.34 per cent from a year earlier to $27.93 billion, while imports fell 2.44 per cent to $41.01 billion 177

15 January, 2019 12:37 PM Too much or too less sleep can increase heart disease risk

London: Men who sleep less than six hours a night may be at an increased risk of cardiovascular disease compared to those who sleep between seven and eight hours, a new study suggests. The study showed that poor quality sleep of less than six hours increases the risk of atherosclerosis by 27 per cent compared to seven to eight hours of sleep. Atherosclerosis 196

15 January, 2019 7:25 AM India to add 1,000 aircraft in 7-8 years: Govt official

Mumbai: The country is going to add 1,000 aircraft over the next 7-8 years, a top government official said Tuesday. "We would be adding about 1,000 more aircraft in about next 7-8 years," Ministry of Civil Aviation secretary, RN Choubey, said, adding that the country will be adding 100 more airports, and one billion trips in the next 15 years. He said the country 195

14 January, 2019 12:33 PM Sachin Bansal invests Rs 150-cr in Ola

New Delhi: Flipkart co-founder Sachin Bansal has pumped in about Rs 150 crore in ride-hailing platform Ola, according to documents filed with the Corporate Affairs Ministry. "... 70,588 fully and compulsorily convertible, cumulative 'Series J' Preference Shares' having face value of Rs 10 having the rights, privileges and preferences... Is hereby allotted 536

13 January, 2019 12:59 PM Heart Transplant Performed Under Tamil Nadu's Health Insurance Scheme

A 26-year-old man, whose heart was functioning just 15 per cent, got a new lease of life after a heart transplant at a city hospital under the Tamil Nadu Chief Minister's Comprehensive Health Insurance Scheme. After studying his health condition, cardiologists Prashant Vaijyanath and Sureshkumar decided that heart transplant would be the only permanent 215

13 January, 2019 12:42 PM Petrol, Diesel Prices Hiked 5 Times So Far This Year. Here's How Much You Pay For Fuel

Petrol and diesel prices were hiked by 48-63 paise per litre on Sunday. That marked the fourth consecutive hike in domestic fuel prices, and the fifth overall so far this year. The upwards price revision comes on the back of a recovery in crude oil prices in anticipation of tightening supply ahead, say analysts. Currently, oil marketing companies in the country 300

12 January, 2019 4:41 PM Syndicate Bank hopes to recover Rs 1,500 crore from NPAs

Currently, Syndicate Bank has a total business of roughly around Rs 4.80 lakh crore, Syndicate Bank hopes to recover about Rs 1,500 crore from non-performing assets (NPAs) over the next three to six months, chief executive officer and managing director of the bank Mrutyunjay Mahapatra said. The bank is adopting a combination of methods to recover bad loans 188