Promised Army job, man duped of 10 lakh after fake tests; one held
September 16, 2018 12:54:45 am

LIC managing director Hemant Bhargava who was the non-executive chairman of IL&FS, has stepped down from the position with immediate effect, but will continue to be on the board as a director.

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September 15, 2018 10:13:38 pm

Government is confident to have higher growth rate and will meet all capital expenditure targets, the finance minister said.

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September 15, 2018 11:49:51 am

Shares of Teva, which rose 2.9 percent to close at $22.85 in regular trading, were up another 5.4 percent at $24 after hours.

Modi govt takes steps to check current account deficit and rein in rupee
September 15, 2018 8:38:03 am

Latest RBI data showed that the forex reserves fell below the $400 billion mark for the first time over the last one year. It stood at $399.2 billion for the week ended September 7, 2018.

Man arrested at Jaipur airport with hawala money worth Rs 46 lakh
September 15, 2018 1:15:12 am

IL&FS has a debt pile of Rs 91,000 crore, with Rs 57,000 crore due to banks, mostly to state-run lenders. Its roads development subsidiary has a debt burden of Rs 35,000 crore.

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September 15, 2018 1:12:29 am

The impact on the labour force was even much more significant. While the job losses could have been at least 3.5 million, the reduction in the labour force was to the tune of 15 million.

NCLT issues notices to Malvinder, Godhvani; directs status quo over RHC Holdings
September 15, 2018 1:07:09 am

A counsel for Religare Enterprises, which was also a respondent in the case, said there were allegations against the company of siphoning off of funds by the Singh brothers.

September 15, 2018 12:56:22 am

The court allowed the company to sell its drug — Ace Proxyvon — and also asked the Health Ministry to place before it all relevant reports on basis of which it had arrived at the decision to ban the medicine.

Why farm deflation is essentially a problem of liquidity
September 15, 2018 12:52:49 am

Inflation in the ‘fuel and power’ basket was 17.73 per cent in August as prices of domestic fuel increased, in line with high global crude oil rates and a depreciating rupee.

Subsidy to power consumers, Centre proposes DBT scheme
September 15, 2018 12:52:33 am

Distribution companies across the country are largely owned by the respective state governments. However, the power generation sector in the country has private companies as well as public companies.

Pointing to CBI shadow, Coal Ministry plays cautious on changing mining lease norms
September 15, 2018 12:44:37 am

To boost ease of doing business, the Committee has recommended that “an integrated single-window clearance process for environment clearance, forest clearance, mining lease, etc., may be created”.

Rupee pares early gains, up 3 paise against US dollar
September 15, 2018 7:17:35 am

Extending gains for a second session, the domestic unit hit a session high of 71.53 in early trade. Over the last two trading sessions rupee has recovered 79 paise or over 1 per cent against the dollar.

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September 14, 2018 10:54:12 pm

The finance minister added that the government would also take steps to promote exporters and restrict non-essential imports though he did not specify the items on which the restrictions would be imposed.

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September 14, 2018 7:20:06 pm

Rupee benefitted from the massive US Dollar re-pricing in the aftermath of the weak US inflation report, discounting the chances of Fed hiking rates four times this year.

Forex reserves plunge below USD 400 bn mark
September 14, 2018 7:18:34 pm

This is the second consecutive week of major fall in the reserves which indicates that the central bank has been selling the greenback to fight the fall in rupee.

Fuel price hike: Petrol at Rs 81.63/litre in Delhi, Rs 89.01/litre in Mumbai today
September 14, 2018 6:39:58 pm

Officials from the company based in United Arab Emirates (UAE) met state government officials in this regard at Gandhinagar.

September 14, 2018 5:03:17 pm

A memorandum of understanding in this regard was signed between the company and Gujarat government on Friday.

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September 14, 2018 3:02:47 pm

Cisco had committed an investment of USD 100 million in the first phase of CDA, where it has completed about 50 projects, including setting up of 10 innovation labs, three smart city showcases and a cyber-range

September 14, 2018 2:10:17 pm

The compact Beetle was introduced in Germany in 1938 during the Nazi era and came to the US 11 years later. It made a journey from a product identified with Adolf Hitler to a symbol of Germany’s rebirth as a democratic, industrial powerhouse after World War Two.

Volkswagen to end production of the Beetle next year
September 14, 2018 10:19:49 am

The original VW Beetle, developed in the 1930s, made a journey from a product identified with Adolf Hitler to a symbol of Germany's rebirth as a democratic, industrial powerhouse after World War Two.