4 TN fishermen rescued after boat mishap, detained by Lankan Navy

Four Tamil Nadu fishermen were rescued and detained by the Sri Lankan Navy while struggling in the sea near Katchatheevu islet after their boat was destroyed on hitting a rock, a fishermen association leader said on Sunday. Continue Reading

State of economy deeply worrying: Manmohan Singh

Former Prime Minister Manmohan Singh on Sunday said the state of the economy was “deeply worrying” and urged the government to put aside “vendetta politics” and reach out to sane voices and thinking minds to steer the economy out of this “man-made crisis”. Continue Reading

India’s retail sector to reach $1.15 bn by 2021: Study

According to the credit ratings agency, the country’s gross domestic product (GDP) is expected to go up to 7.3 per cent by FY21. Private final consumption expenditure is expected to grow by 10-11 per cent year-on-year until 2021, which has grown at about 10-12 per cent… Continue Reading

Setback once again to auditors in IL&FS case as NCLT junks plea

Earlier, the Ministry, on 23 June, moved the NCLT seeking a five-year ban on them in the IL&FS saga. Dismissing their petitions challenging the jurisdiction of the tribunal to ban them, the NCLT however, said it will hear the Ministry’s application seeking a five-year ban on…. Continue Reading

India Cements EBITDA grows over 50% in Q1 FY20

The capacity utilisation of the company during the quarter was 7 per cent, while overall cement sales (including clinker) was at 30.42 Lakh tonnes for the quarter as compared to 30.75 lakh tonnes in the same quarter of the previous year. Continue Reading

Trade suspension will hurt Pakistan more: Experts

Trade relations between India and Pakistan were already strained following the Pulwama terror attack in February as India imposed 200 per cent customs duty on all goods imported from the neighbouring nation. Continue Reading