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EPFO interest rate hiked to 8.65% for 2018-19 from 8.55% last year
The EPFO had provided a five-year low rate of interest of 8.55 per cent to its subscribers for 2017-18.
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World’s longest flight has Boeing and Airbus battling for deal
The Australian airline plans to fly non-stop from Sydney to New York and London by 2022, marathon routes that will be the world’s longest commercial services.
Pay Rs 453 crore in 4 weeks or go to jail, Supreme Court tells Anil Ambani
A bench of justices R F Nariman and Vineet Saharan pronounced the verdict after Ericsson dragged Anil Ambani to court after RCom failed to clear its dues despite having given an undertaking, according to the petitioner's counsel, to pay the amount.
Tesla’s top lawyer is leaving. His tenure? Two months
The official, Dane Butswinkas, was a Washington trial lawyer who represented the company’s chief executive, Elon Musk, when he was sued by the Securities and Exchange Commission last year.
‘Over-valuation’ of coal imports: DRI moves Supreme Court against Adani Group firms
DRI has moved SC against a September 2018 order of the Bombay HC that granted an interim stay on the use of Letter Rogatory (LR) by the agency to obtain information from foreign jurisdictions.
Mahrashtra govt hands traders tax amnesty
Officials said the policy will target over 1 lakh merchants and traders, who would now have to own up to their previous undeclared earnings and unpaid tax to avoid penalties and interest on tax dues.
World Congress: ‘World of marketing is changing, need someone to set direction’
On Friday, celebrities including actor Deepika Padukone and eight-time Grand Slam champion Andre Agassi, are scheduled to participate in the event.
Government to inject Rs 48,239 crore in 12 public sector banks in FY19
Equity is also being infused in some banks to ensure that they do not breach thresholds set up in Prompt Corrective Action framework of the Reserve Bank of India.
Cabinet has approved private operations in 66 discovered fields
The Committee submitted its report on January 29, while the Petroleum Minister approved it on February 5. It was put up before a Group of Ministers on February 13 and approved the same day.
Sensex snaps longest losing streak in 8 years
Snapping a four-session decline, the rupee also appreciated by 23 paise to end 71.11 against the US dollar due to easing oil prices and a firm greenback.
Pulwama attack spooks markets: FPIs pull out Rs 6,200 crore
The sharp outflow over the last three trading sessions contrasts a strong inflow of funds since the budget announcement on February 1, 2019, as FPIs had invested a net of Rs 5,608 crore between February 1 and 14, 2019.
‘IT export sector clocks $137 billion revenue’
Interestingly, the industry sectors have also expanded beyond IT services and together are almost half the industry revenues in 2018-19.
