Petrol,diesel hits new all-time high Govt. Says”not in our hand”
NEW DELHI : Fuel prices continued their upward march on Tuesday, with the petrol and diesel prices hitting record highs of Rs.76.87 and Rs.68.08 a litre in Delhi, the reference market for the country. The petrol price jumped 30 paise a litre on Tuesday from Rs 76.57 on Monday, while the diesel price climbed 26 paise a litre over the same period. Both More...
CBI files charge sheet in PNB-Nirav Modi fraud case
NEW DELHI : The CBI on Monday filed its first charge sheet in the country’s largest financial scam worth over $2 billion in the Punjab National Bank (PNB) by billionaire jeweller Nirav Modi, detailing the alleged More...
I-T writes Walmart, Flipkart on tax liability over USD 16 billion deal
NEW DELHI : The income tax department has sent a communication to Walmart Inc and Flipkart on the M&A deal apprising them about the sections of the I-T Act that would apply to the transaction. It has been told More...
Walmart Buys 77% Stake In India’s Flipkart For $16 Billion
NEW DELHI : US retailer Walmart Inc on Wednesday acquired a 77 per cent stake in Flipkart for about $16 billion in its biggest acquisition till date. The deal values the 11-year old Indian e-commerce firm at More...
ADB Calls India’s 7% Projected Growth ,Amazingly fast…
MANILA (Phillippines): The Asian Development Bank (ADB) has said that India’s projected GDP growth of over seven percent for the current fiscal is amazingly fast and if this momentum is maintained the size of More...
No further supply of Rs 2,000 notes for now Says Government.
NEW DELHI: A cash crunch at ATMs has hit a dozen states, including Uttar Pradesh, Madhya Pradesh, poll-bound Karnataka, Telangana, Andhra Pradesh, Bihar, Gujarat, Maharashtra, Rajasthan, and Punjab. While the More...
More than adequate currency in circulation: FM Arun Jaitley
NEW DELHI : In a bid to allay the fears of cash shortage in the country, Union Finance Minister Arun Jaitley on Tuesday said there was more there adequate currency in circulation. He added that the temporary shortage More...
B P Sharma replaces Vinod Rai as Banks Board Bureau chairman
NEW DELHI : Former health secretary Bhanu Pratap Sharma has been appointed the new Chairman of Banks Board Bureau after former CAG Vinod Rai’s tenure ended last month. Bhanu Pratap Sharma a 1981-batch retired More...
Chanda Kochhar’s kin detained at Mumbai airport by CBI
MUMBAI: Rajiv Kochhar, the brother-in-law of ICICI Bank MD and CEO Chanda Kochhar, was detained by immigration authorities at the Mumbai airport when he was to leave for a Southeast Asian country and handed More...
Nadella rearranges Microsoft team, Windows chief quits
SAN FRANCISCO : In order to boost his vision of achieving Intelligent Cloud and Edge, Microsoft CEO Satya Nadella has reassigned duties to his senior core team with an announcement that Terry Myerson, Head of More...