India announces merger of 3 state-run banks2018-09-18
In its ongoing efforts to clean the country's banking system, the Indian government announced the merger of three state-run banks on Monday.
Indian Railways unveils country's 1st smart coach2018-08-29
The state-owned Indian Railways has unveiled the country's first "smart coach," equipped with advanced disc brake, fire detection and GPS-based tracking systems apart from CCTV cameras.
Low tariffs, 4G services make Reliance Jio India's No.1 net provider2018-08-29
India's private internet and mobile services provider Reliance Jio has emerged as the biggest player with a whopping nearly 38 percent of the market share.
Power plants in India to face bankruptcy2018-08-29
Nearly 40 power plant companies of India were diving to bankruptcy, local media report on Wednesday.
India reports record high tax collection for April2018-05-02
A record amount of 103,458 crore Indian Rupees (about 15.5 billion U.S. dollars) was collected in India in the form of goods and services tax (GST) during April 2018, according to official data released by the country's Ministry of Finance on Tuesday.
India's Punjab National Bank detects 1.77 bln USD fraudulent transactions2018-02-14
India's state-owned multinational banking and financial services company Punjab National Bank (PNB) Wednesday detected "fraudulent and unauthorised" transactions worth about 1.77 billion U.S. dollars at one of its branches in Mumbai.
Indian economy has bottomed out: data2017-10-12
High-frequency economic data disclosed recently have shown that India's economic growth is under a state of slow recovery after hitting three years' bottom of 5.7 percent in the first quarter (April - June) of fiscal 2017-18.
With 580 accidents in past 5 years, India's ageing rail network needs urgent overhaul2017-08-21
A day after 23 people were killed and more than 90 others injured in a train accident in the northern state of Uttar Pradesh, Indian Railway Minister Suresh Prabhu Sunday asked the railways to fix responsibility by the end of the day.
India's GDP growth slows to 6.1 pct in Jan-March quarter2017-06-02
India's economic growth rate slowed sharply in the January-March quarter to 6.1 percent, officials said.
India's economy expected to grow 7.2 percent in 2017: minister2017-04-05
The Indian economy was expected to grow 7.2 percent in 2017, India's Finance Minister Arun Jaitley said Saturday.
India's Tata Group sacks Cyrus Mistry as chairman2016-10-25
India's Tata Group Monday sacked Cyrus P.Mistry as the company's Chairman and replaced him with 78-year-old Ratan Tata as the interim chairman, in a surprising move.
India to further liberalize visa regime to woo tourists, businesses2016-10-24
India has said that it intends to further liberalize the visa regime in a bid to attract more tourists and businesses to the country.
India cuts short-term lending rate by 25 basis points to 6.25 pct2016-10-05
The Reserve Bank of India(RBI)Tuesday cut its short-term lending rate, or repo rate by 25 basis points to 6.25 percent.
Indian government scraps rail budget, orders its merger in general budget2016-09-22
Indian government Wednesday approved merger of its railway budget with the country's annual general budget, thereby ending a 92-year-old tradition.
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