Business
RSS Affiliate Urges PM Modi to Drop Head of Bill and Melinda Gates Foundation From RBI Board
The Home Ministry is keeping a vigil on Bill and Melinda Gates Foundation (BMGF) because of the allegations that the foundation is working for multinational companies to influence government policies on health and agriculture sectors in their favour, the...
Govt Eyes $3 Billion by Monetising 25 Highway Projects in 9 States
The maiden tranche comprising nine projects under toll-operate-transfer (TOT) model was oversubscribed, fetching about $1.6 billion cash to National Highways Authority of India (NHAI) recently.
Boeing Joins Hands With HAL, Mahindra for 'Make in India' Super Hornet fighter Jet
The F/A-18 Super Hornet has a long life ahead, with the US Navy making significant investments in the latest evolution, the Block III, Boeing noted.
IMF Warns China on Exporting Debt Through 'Silk Road' Which Passes Through PoK
One challenge is to ensure that Belt and Road only travels where it is needed, and the second is to focus on sound fiscal policies, Lagarde said in prepared comments in a speech at a Belt and Road conference in Beijing on Thursday.
Rupee Sheds 12 Paise Against US Dollar
However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses.
Intra-state e-way Bill Rollout in 5 States from April 15
From April 1, the government had launched the electronic-way or e-way bill system for moving goods worth over Rs 50,000 from one state to another.
Supreme Court Orders Auctioning of Unitech's Assets
A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud sai that a public notice be issued in prominent dailies for ascertaining that the properties were free from incumberances and may be auctioned.
India to Urge US Exemption on Steel, Aluminium Tariffs
US Assistant Trade Representative (USTR) Mark Limscott arrives in New Delhi for talks later this week to provide India the first opportunity to put across its case for an exemption along the lines of the ones the US has allowed to the European Union, Arge...
Bitcoin, Other Cryptocurrencies Hit Hard on Indian Exchanges After RBI Clampdown
In India, Bitcoin, a volatile cryptocurrency, plummeted to a low of 350,001 rupees or about $5,392, according to crypto-currency exchange Coinome, compared with its international market price of $6,617.
GDP Growth to Strengthen to 7.4% in FY19: RBI
The growth will accelerate from 7.3-7.4 per cent in first half of 2018-19 to 7.3-7.6 per cent in the second of half of the current fiscal, said the first bi-monthly monetary policy statement for 2018-19.
ICICI Securities Shares Fall 16.3 Percent on Market Debut
Shares were trading down 12.5 percent at 455 rupees as of 0433 GMT after earlier dropping to a low of 435 rupees.
HC Directs Cognizant to Pay 15% of Rs 2,800 Crore Tax Demand
The company has filed a plea in the court seeking stay of recovery proceedings as the I-T department had frozen some of its bank accounts.
New Post-Brexit India-UK Trade Deal Could Take Nearly 7 Years: Report
Open Britain, set up as a campaign group against a hard Brexit by prominent British politicians and campaigners, analysed the time taken by countries in their various FTA negotiations of the past to come up with an average estimate.
Sensex Begins FY19 on Firm Note, Rises Over 100 Points
The 30-share BSE benchmark, which had lost 205.71 points on the last session of FY18 on Wednesday, rose 133.32 points, or 0.40 per cent, to 33,102.00. The gains were led by auto, infrastructure, oil & gas, capital goods, healthcare, IT and metal stocks.
No Dealings With Chanda Kochhar's Husband Beyond Initial Investment, Says Videocon's Venugopal Dhoot
He termed reports of subsequent events, including loaning Rs 64 crore to Nupower Renewables through one of his companies, or subsequent transactions which resulted in Deepak Kochhar gaining full ownership of the company, as baseless.
Indian Oil Plans Rs 1.43 Trillion Expansion in Next Five Years
India is emerging as one of the global drivers for refined fuels consumption as its economic expansion and rising industrial activity yields infrastructure improvements and increased energy access for commercial and retail consumers.