At a press briefing, Jaitley announced that the Cabinet headed by Prime Minister Narendra Modi has decided to scrap nearly a century old practice of having a separate railway budget and merging it with general budget.

"The abolition of a separate railway budget is not what it is purported to be. It is a measure towards commercialisation and privatisation of the Indian Railways," CPI(M) Politburo said in a statement.

The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise.

On Tuesday, the central bank surprised the market with a 25-basis-point cut to its policy repo rate, or the rate at which it lends to banks, to 6.25 percent.

Shares of Borosil Glass Works have increased threefold over the past one year as the company has posted strong revenue and EBIDTA growth over the past few quarters.

In an interview with CNBC-TV18, Satpal Arora, MD of Tourism Finance Corporation of India (TFCI), talked about the state of business and the outlook ahead.

Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.

"In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened by automation is 85 percent," he said.

The government has readied plans for a major change in India’s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST).

Watch this edition of Business Insight to know more about CMIE#39;s latest unemployment data the job market situation in India.

In this edition of Big Story, Moneycontrol#39;s Sakshi Batra shares her insight on how states are imposing alcohol taxes to generate revenues.

BMW Group India has announced a start in operations at their Chennai based facility today. Operations have begun in accordance with guidelines issued by local authorities. Production at the facility has started with less than 50 per cent of the company's

Skoda Octavia RS 245 deliveries have commenced in the country. The company has started to deliver the performance sedan as the nation-wide lockdown has been eased at select cities including Bengaluru.

Mahindra has announced the launch of its new 'Own-Online' retail platform. The new online platform from Mahindra promises to be India's most complete, end-to-end, online vehicle ownership solution.

BMW has launched its most luxurious models in the Indian market, the 8 Series Gran Coupe and the M8 Coupe. The new BMW 8 Series Gran Coupe is offered in two variants: 840i Gran Coupe and 840i Gran Coupe ‘M Sport' Edition.

The new Maruti Suzuki Dzire has been spotted at a dealer's yard for the first time since it was launched in the Indian market. The images of the new Dzire by Gaadiwaadi have surfaced indicating deliveries will begin soon.

The Tata Nexon EV driving range is expected to increase with future updates made to the compact-SUV. Future updates are also expected to improve Nexon EV's performance as well.

Hyundai India recently announced that it will be restarting its operations in India from the 6th of May 2020. The company has slowly started to reopen dealerships across India in a phase-wise manner, as per the government's lockdown relaxation guidelines in many parts of the country.

Honda is planning to sell the outgoing Honda City sedan alongside the new models at the same time. This news was confirmed according to a report by Autocar India. Moreover, the new Honda City is likely to get a suffix in

The 2020 Honda City will be powered by an all-new 1.5-litre petrol engine in the Indian market. Apart from achieving BS6 compliance, the new engine is also expected to produce more power at lower RPMs as compared to the previous-gen model.

The Indian auto industry is slowly working its way to restart operations in India, after being shut down for over 40 days. Automobile companies are currently preparing to resume production in accordance with the government's guidelines for ensuring all safety and social distancing norms are followed.

Due to the COVID-19 pandemic, India is currently facing a nationwide lockdown and because of that, businesses across the nation have been affected badly. To resume business, the Government has come up with some guidelines which the companies have to follow strictly.

Jeep launched the Compass SUV back in 2017 in the Indian market. Since its inception, the SUV has been a popular name in its segment as it comes loaded with several standard safety features. The Compass is available in a five-seater

Hyundai India has announced that they have resumed production operations at their facility in Sriperumbudur, Chennai. The manufacturing facility of Hyundai has been shut since the 23rd of March 2020, amidst COVID-19 pandemic.

The actor will be remembered for effortlessly portraying varied roles.

That was the sombre assessment of about a dozen top producers, distributors and actors from Bollywood, the movie industry in Mumbai, during a video conference this week, one of the participants said.

Tarun Katial, CEO, ZEE5 shares insights into the kind of content Indians have been consuming during lockdown and how the entertainment industry has managed work from home

Animation studio Cosmos Maya has recently produced three shows including Guddu, Bapu and Gadget Guru Ganesha

His appeal came on a day 16 migrants were crushed under a goods train in Maharashtra when they were sleeping on rail tracks during their return home in Madhya Pradesh.

Under the initiative, eligible beneficiaries under the National Food Security Act (NFSA) would be able to avail their entitled foodgrains from any Fair Price Shop in the country using the same ration card.

During the hearing held through video conferencing, Special Public Prosecutor, appearing for the police, opposed the bail application saying Pathan was leading the mob and the whole country saw the manner in which he was leading the mob.

In a statement, Thorat, who is also the state Congress president, alleged that arbitrary decisions taken by many states regarding migrant workers had worsened the situation.

The protesters placed two bodies of the dead in front of the factory main gate as part of the agitation while some youths barged into the plant even as state Director General of Police D G Sawang was inspecting the vapour leak spot and talking to the management on the measures taken to restore normalcy.

Around 250 Indian students and tourists were seen queuing with their luggage at the airport from early on Saturday as they prepared for the journey home.

"From the 3,000 schools, these copies will go the evaluators and evaluation will begin tomorrow. Teachers will evaluate from home and we will be able to complete the process in 50 days," HRD Minister Pokhriyal added.

Crude inventories rose by 8.4 million barrels in the week to May 1 to 518.6 million barrels, compared with analysts#39; expectations for a build of 7.8 million barrels.

US gas stocks stand at 2210 billion cubic feet which is 19.5 percent higher than 5-year average stocks for this time of the year.

Brent crude was up 47 cents, or 1.5%, at $29.33 a barrel by 0121 GMT, having fallen nearly 1% on Thursday.

కరోనా మహమ్మారి నేపథ్యంలో బ్యాంకులకు, ఏటీఎం సెంటర్స్‌కు కస్టమర్ల రాకను తగ్గించేందుకు ఇండియన్ బ్యాంక్స్ అసోసియేషన్ (IBA) క్యాష్ ఉపసంహరణ విషయమై కొత్త రూల్స్ తీసుకు వచ్చింది. వీటి ద్వారా ఎలక్ట్రానిక్ ట్రాన్సాక్షన్స్ పెరగడంతో పాటు బ్యాంకులకు, ఏటీఎం సెంటర్స్‌కు ఎక్కువ మంది రావడం తగ్గుతుంది. బ్రాంచీల వద్ద క్రౌడ్‌ను నిరోధించేందుకు నగదు ఉపసంహరణ కోసం నిర్దిష్ట

కరోనా మహమ్మారి, లాక్ డౌన్ నేపథ్యంలో ఆర్బీఐ ఈఎంఐ మారటోరియంను మరో మూడు నెలలు పొడిగించే అవకాశాలు కనిపిస్తున్నాయి. లాక్ డౌన్‌ను మూడోసారి మే 17వ తేదీ వరకు పొడిగించారు. మరోవైపు గ్రీన్, ఆరెంజ్ జోన్‌లలో ఆంక్షలు సడలిస్తూ ఆర్థిక కార్యకలాపాలు మెల్లిగా ప్రారంభమవుతున్నాయి. ఈ పరిస్థితుల్లో మారటోరియంను ఎవరు, ఏ మేరకు ఉపయోగించుకోవచ్చో చూద్దాం. SBI

NULL

NULL

NULL

NULL

NULL

NULL

NULL

NULL

NULL

NULL