White pyjama-kurta, Hindi dominating themes at swearing-in of PM Modi, Mins

White pyjama-kurta, Hindi dominating themes at swearing-in of PM Modi, Mins

Friday, 31 May 2019 | PTI | New Delhi

Traditional Indian wear with hues of saffron and use of Hindi language for oath-taking were the overriding themes at the glittering swearing-in ceremony of Prime Minister Narendra Modi and Union ministers of the new NDA Government. The mega event took place in the sprawling forecourt of the Rashtrapati Bhavan which was...

China charges US of ‘naked economic terrorism’

Friday, 31 May 2019 | PTI | Beijing

In a major escalation of the bruising US-China trade war, Beijing on Thursday accused the US of following “naked economic terrorism” and threatened to the stop export of rare-earth metals, a key resource for Apple’s Iphones and hi-tech missile guidance systems to America. The world’s two largest economies are engaged in...

POWERGRID’s PAT crosses Rs 10,000

Friday, 31 May 2019 | PNS | New Delhi

Power Grid Corporation of India Limited (POWERGRID), a ’Navratna’ Company under Ministry of Power, Government of India and the ’Central Transmission Utility (CTU)’ of the country, crossed Rs 10,000 crore profit for the first time as it posted a Profit After Tax of Rs 10,034 crore on consolidated basis. On a...

NALCO’s Net Profit for 2018-19 jumps by 29%

Friday, 31 May 2019 | PNS | Bhubaneswar

Continuing its soaring performance, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has once again proved its mettle by registering high in terms of both physical and financial performances. According to the audited financial results for 2018-19, taken on record by the Board of...

NLCIL revenue for FY 2018-19 dips to Rs 1,023.78 crore

Friday, 31 May 2019 | PNS | New delhi

NLCIL’s revenue dipped to Rs 1,023.78 cr in the FY 2018-19. The total revenue of the company for the FY 2018-19 is Rs 8059.27 cr as against Rs 9083.05 cr in the corresponding previous FY. According to a news release shared by Government of India entreprise states that “the fall...

Not in position to post financial results: Jet

Friday, 31 May 2019 | PTI | New Delhi

Shuttered for more than a month, Jet Airways Thursday said it is not in a position to consider audited financial results for 2018-19  due to ongoing process for management change and resignations of key managerial personnel. Once a storied full service carrier, Jet Airways temporarily suspended operations in April after running...

Rupee rises 15 paise to 69.72 vs USD in early trade

Friday, 31 May 2019 | PTI | Mumbai

The rupee appreciated by 15 paise to 69.72 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets. Forex dealers said, easing crude prices, sustained foreign fund inflows and selling of the American currency by exporters supported the...

Suspension of preferential trade status for India under GSP is "done deal": US

Friday, 31 May 2019 | PTI | Washington

The US is not going to reverse its decision to terminate India's designation as a beneficiary developing nation under the key GSP trade programme with a senior Trump administration official terming the suspension a "done deal". The official also reiterated that India need to address some of America's major concerns, in...

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