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Business / Business Today

Sitharaman says 'steadiness' in economy is good sign as GDP growth stands at 4.7%

Sitharaman said the government is 'pushing the banks like never before'to lend as much as possible across all categories, including retail, home and agriculture segments

29 Feb 2020 8:10 am
Customer experience trends: Companies failing to meet growing expectations

Personalisation remains critical to achieving customer connectedness and extending customer lifetime value yet only 27.5% of the organisations automate systems for proactive engagement

29 Feb 2020 7:50 am
Whistleblower complaints to be a part of companies' audit reports

It will also be mandatory for the companies to share all the whistleblower complaints that were registered with its internal audit committee during the course of the year

29 Feb 2020 1:40 am
Smart homes using Alexa grew five-fold in last one year, says Amazon India's Parag Gupta

List of compatible devices is constantly increasing across categories including bulbs, plugs, locks, cameras, ceiling fans, TVs, air conditioners, air purifiers, and so is the number of smart speaker offerings

29 Feb 2020 1:19 am
Biz EOD: Truth behind Q3 GDP; Sensex spooked; future of Rs 2000 notes

Catch latest top stories from the world of business and economy with BusinessToday.In's end of day report

29 Feb 2020 12:08 am
Auditors to report end use of loans, Benami cases, whistle blower complaints

The Ministry of Corporate Affairs has come out with a bunch of new rules the auditors need to look at while preparing the audit report for a company

28 Feb 2020 9:58 pm
Is Reliance Jio really prepared to launch 5G services?

RIL chairman Mukesh Ambani told US President Donald Trump that they are going to launch 5G in this country, but is Jio ready for 5G?

28 Feb 2020 9:33 pm
Q3 GDP: What looks up is actually down

GDP Growth in Q3: Quarterly GDP growth this fiscal now reads 5.6 per cent, 5.1 per cent and 4.7 per cent, reaffirming that the India's economic deceleration continues unabated

28 Feb 2020 9:12 pm
How IndusInd Bank executed a well-planned CEO succession in Sumant Kathpalia

The IndusInd Bank did an extensive search for 5 years to find the perfect successor to Romesh Sobti

28 Feb 2020 8:36 pm
Indian oil firms to wind down business in Venezuela fearing US sanctions

Indian oil firms are planning to wind down the purchase of Venezuelan Oil fearing sanction by the US

28 Feb 2020 8:17 pm
AGR dues: Crucial meet ends without any relief for telecom sector

The two hour meeting of the DCC couldn't decide on relief for the telecom sector

28 Feb 2020 7:48 pm
'Real Iron Man not the Marvel character': Anand Mahindra visits Statue of Unity

Anand Mahindra took to twitter to share his experience at the Statue of Unity

28 Feb 2020 7:26 pm
Mukesh Ambani loses $5 billion, Ajim Premji $869 million, Adani $496 million in 2 months

As per Bloomberg's Billionaire index, Mukesh Ambani, the Chairman Reliance Industries, has lost over $5 billion of his wealth this year.

28 Feb 2020 7:05 pm
Geneva car show cancelled over coronavirus fears

The Swiss government has cancelled the Geneva car show amid fears of Coronavirus outbreak

28 Feb 2020 6:44 pm
Rs 2,000 notes to stay or not? Here's what Nirmala Sitharaman has to say

The FM said that the banks have not been given any orders to recalibrate their ATMs or to gradually phase out the high denominations notes.

28 Feb 2020 6:15 pm
SBI Cards IPO to open on March 2: Should you subscribe to the issue?

SBI Cards IPO, which aims to garner Rs 10,355 crore is likely to see a bumper response from investors. The share sale, fifth-largest ever, will close on March 5

28 Feb 2020 6:07 pm
How clean are India's railway stations? Piyush Goyal's Twitter timeline has the answer

Goyal has been frequently tweeting about different railway stations across India, playing emphasis on thier cleanliness

28 Feb 2020 6:05 pm
This is the most expensive piggy bank in the world

UK's The Royal Mint unveiled an 18-carat gold coated piggy bank that costs Rs 93 lakhs

28 Feb 2020 5:56 pm
India's fiscal deficit gets worse; check out April-January figures

The government wants to contain the fiscal gap at 3.3 per cent of the GDP in the year ending March 2020. Finance Minister Nirmala Sitharaman set the fiscal deficit target of 3.5 per cent of GDP in the year ending March 2021

28 Feb 2020 5:55 pm
Slowdown over? GDP growth rises 4.7% in December quarter

GDP growth in Q3: After falling for six quarters in a row, India's GDP growth showed an uptick, rising to 4.7 per cent. But is this the end of Indian economy's worries?

28 Feb 2020 5:41 pm
IKEA to open new store in Navi Mumbai this summer

Betzel said that the company would not increase product prices for now as they want to be affordable and does not plan to increase product prices

28 Feb 2020 5:34 pm
Eight core industries see output rise 2.2% in January

The rise in production for core sectors came on the back of expansion in coal, steel, cement and refinery products sectors

28 Feb 2020 5:34 pm
Coronavirus pandemic: Global markets crash on fears of growth slowdown

Globally, metals companies are negatively impacted by lower prices, while stocks of drugmakers are also facing the heat from the uncertainty of the outbreak.

28 Feb 2020 5:27 pm
Coronavirus: Chinese firms in India affected as thousands of key expats stuck in China

The human resource problem of Chinese companies in India has come at a time when firms are in trouble due to shortage of imported raw materials and components from China

28 Feb 2020 5:15 pm
Coronavirus panic crash wipes out $5 trillion wealth off world stocks

World Health Organization Director General Tedros Adhanom Ghebreyesus said the virus could become a pandemic as the outbreak spreads to major developed economies such as Germany and France.

28 Feb 2020 5:07 pm
Top cop shares bank account details of Ratan Lal's wife; Twitterati donates funds

As IPS officer Arun Bothra took to Twitter to express his condolences, users started asking him to find ways to help the family of the slain cop

28 Feb 2020 5:05 pm
Indian pharma industry: From cultural practices to quality intensive; what lies ahead?

The Indian pharmaceutical industry has taken robust strides in ensuring the highest possible standards in quality and efficacy of medicines at affordable costs to patients

28 Feb 2020 4:58 pm
Swine flu death toll highest in Uttar Pradesh

There might be gross under-reporting of cases in Uttar Pradesh, which has higher population density and a much larger area than southern states that have reported more cases

28 Feb 2020 4:42 pm
RIL, Nayara Energy plan to wind down Venezuelan oil purchase in April after Trump's warning

Move comes as US President Donald Trump warned in New Delhi this week of an increase in sanctions in a bid to oust Venezuela's President Nicolas Maduro, whose 2018 re-election was considered a sham by most Western countries

28 Feb 2020 4:26 pm
Coronavirus effect: Sensex logs second-biggest fall ever; time to buy, sell or hold?

While Sensex has clocked 7.17% fall since the beginning of this year, Nifty has fallen 7.94% during the period. On the contrary, things were very rosy five months ago. Analysts and brokerages were busy predicting new highs for Indian indices despite falling economic growth

28 Feb 2020 4:24 pm
Another blow to India's auto sector! This time due to coronavirus

China accounts for 27% of India's automotive part imports and as China suspends shipments by sea due to Coronavirus, the auto sector may be headed towards troubled waters

28 Feb 2020 4:23 pm
AGR crisis: Vodafone Idea wants call rates, internet data prices hiked up to 8 times

Call for tariff hike comes despite telco increasing charges by up to 50 per cent in December; Vodafone Idea believes it can only earn revenue at same level as 2016-17 if government fixes floor price for calls and data charges

28 Feb 2020 4:12 pm
Coronavirus: China bans mobile game that makes players take over world with a disease

Plague, Inc a game designed to make players help a disease spread across the world has been removed from the Chinese iOS App Store

28 Feb 2020 3:43 pm
Sensex, Nifty lose over 3%; Vedanta, Tata Motors, Tata Steel, YES Bank top losers

Vedanta, Tata Motors, Tata Steel, YES Bank, Hindalco and Infosys were the top losers on Nifty today. On the other hand, Future Consumer, Allahabad Bank, GMR Infrastructure, Dish TV and Vedanta were the top losers on BSE.

28 Feb 2020 3:32 pm
Delhi HC seeks Centre, Delhi govt's response on pleas seeking FIRs against AIMIM leaders

Delhi Violence updates: The death toll in Delhi's worst riots in more than three decades climbed to 39 as the violence ebbed but did not subside completely

28 Feb 2020 3:19 pm
PNB fraud case: Nirav Modi's remand extended by UK court till March 24

Modi is expected to appear for 'call-over' hearings every 28 days at Westminster Magistrates' Court until the case management hearings for his extradition trial kick in

28 Feb 2020 2:40 pm
Raghuram Rajan suggests right way to handle coronavirus impact on economy

Raghuram Rajan said that there's little central banks can do and priority should be to convince companies and households that the virus is under control

28 Feb 2020 1:57 pm
You'll have to pay more for petrol, diesel from April 1; here's why

IOC has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulphur diesel and petrol

28 Feb 2020 1:55 pm
Trump's visit shows value US places on India ties, says Mike Pompeo

Trump India visit: President Trump and his family visited India from February 24 to 25 at the invitation of Prime Minister Narendra Modi

28 Feb 2020 1:54 pm
Gold price today: Yellow metal hits Rs 43,600 amid virus outbreak

Over virus pandemic fears, Spot Gold 1641.95 per ounce, up 0.07%, extending yesterday's gain, while US gold futures were up 0.1% at $1,643.50

28 Feb 2020 1:41 pm
Accenture employs 63,000 robots but doesn't think they will replace humans

The operations division of Accenture has the largest robot workforce in the industry

28 Feb 2020 1:38 pm
Gandhi's spirit needed today more than ever : UN Chief on Delhi riots

Anti-CAA violence in Delhi: The death toll in Delhi's worst riots in more than three decades climbed to 38 as the violence ebbed but did not subside completely

28 Feb 2020 1:32 pm
Q3 GDP growth: Will the slowdown end today?

Due to some improvement in many high-frequency indicators in the October-December quarter, it seems the deceleration in the economy has stopped and also bottomed out

28 Feb 2020 1:26 pm
Samsung Mobile is Indias most desired brand for fourth year in a row

TRA Research released their list of 'Top 100 of India's Most Desired' brands

28 Feb 2020 1:16 pm
UK study visas issued to Indians see 93% jump in 2019

Brexit: This two year post study visa will allow the international students to stay in the UK to work or look for jobs after they are done with their studies.

28 Feb 2020 1:15 pm
IPS officer SN Shrivastava named new Delhi Police Commissioner

SN Shrivastava is a 1985 batch officer of the Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre

28 Feb 2020 12:59 pm
Coronavirus: India temporarily suspends visa on arrival for Japanese, Korean nationals

Coronavirus update: With COVID-19 cases surpassing 2,000, South Korea has become the biggest cluster to have the infections outside China. A total of 13 people have died of the virus in the country

28 Feb 2020 12:58 pm
'Tahir Hussain's boss must get double punishment': Manoj Tiwari attacks Arvind Kejriwal

Tiwari responded to a tweet, in which Delhi chief minister Arvind Kejriwal categorically said all perpetrators (including AAP), who were involved in riots in the national capital, must be punished

28 Feb 2020 12:40 pm
Sensex, Nifty crash: Investors lose Rs 11 lakh crore in a week amid fears of coronavirus

Market capitalisation which stood at Rs 158.50 lakh crore on February 20 fell to Rs 147.64 lakh crore in trade today

28 Feb 2020 12:33 pm
IMF likely to downgrade growth forecast due to coronavirus outbreak

Coronavirus impact: Clearly the virus is going to have an impact on growth, IMF spokesman Gerry Rice told a regular briefing

28 Feb 2020 12:26 pm