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Last updated: 23 Feb, 2017  
 Business Services


MF industry expects AUM to reach Rs 35 lakh cr in 5 yrs
SME Times News Bureau | 20 Feb, 2017
With growing retail participation, low interest rates, digitisation and introduction of new products, the mutual fund industry is expecting to double its assets under management (AUM) to Rs 35 lakh crore over the next five years, industry players said on Saturday.
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Indian Hotels net up 59 pc in Q3
SME Times News Bureau | 04 Feb, 2017
Indian Hotels Company, a Tata Group firm, on Friday reported a 59 percent jump in its standalone net profit at Rs 92 crore for the quarter ended December 31, as compared to Rs 58 crore in the same period last year.
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Tourism sector still largely unexplored: FM
SME Times News Bureau | 22 Sep, 2016
Given its geography and rich cultural diversity, India has every reason to attract many more tourists than it at present does, but the sector remains largely unexplored, Union Finance Minister Arun Jaitley said on Wednesday.
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Number of health insurance schemes to be enhanced
SME Times News Bureau | 06 Aug, 2016
The Narendra Modi government is "conscious" of the need to provide universal health coverage and steps are being taken to increase the number of health insurance schemes, parliament was told on Friday.
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Flexibility for shops, cinemas to open 24/7 will add jobs
SME Times News Bureau | 30 Jun, 2016
Welcoming the flexibility for the retail sector to open round the clock with the passage of a model bill by the Union Cabinet here on Wednesday, the industry said it will add thousands of additional jobs in the sector.
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HDFC Q4 net jumps 31 percent to Rs.3,460 cr
SME Times News Bureau | 03 May, 2016
Housing Development Finance Corp (HDFC) on Monday reported a 30.76 percent rise in consolidated net profit at Rs.3,460.46 crore for the forth quarter ended March, as against Rs.2,646.35 crore in the same quarter of 2014-15.
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Budget 2016-17: Govt to develop ports and airports
SME Times News Bureau | 01 Mar, 2016
The central government on Monday proposed to develop port and airport infrastructure to accelerate economic activity in the country.
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Jet Airways offers discounts on international flights
SME Times News Buireau | 24 Feb, 2016
Airline major Jet Airways on Tuesday launched a seven-day sale offering discounts of up to 30 percent on international flights.
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Media, entertainment can be USD 100 bn industry: CII
SME Times News Bureau | 19 Oct, 2015
Indian media and entertainment industry has the potential to log USD 100 billion (Rs.650,000 crore) turn over by 2025 provided it gets adequate infrastructure and government support, the Confederation of Indian Industry (CII) said on Sunday.
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Tourist arrivals surge in September
SME Times News Bureau | 10 Oct, 2015
Country has recorded an over six percent surge in the arrival of foreign tourist arrivals in September, contributing Rs.9,512 crore to the country's foreign exchange reserves, an official data said on Friday.
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  Customs Exchange Rates
Currency Import Export
US Dollar
67.85
66.15
UK Pound
85.00
82.05
Euro
72.45
69.95
Japanese Yen 59.85 57.90
As on 28 Feb, 2017
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