Rs.10 coins are valid: RBI
The Reserve Bank of India (RBI) on Tuesday said that Rs.10 coins are legal tenders contrary to rumours.The bank said, “It has been reported that some ...
Tax department issues PAN, TAN to new companies in a day
The government has started issuing Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in electronic form to newly incorporated comp...
Rs 5400 cr of undisclosed income detected post-demonetisation
The Income Tax department carried out over 1100 searches and surveys immediately after demonetisation and detected undisclosed income of over Rs 5,400...
TAL launches first indigenous robot, Brabo at Rs 5-7 lakh
TAL Manufacturing Solutions, a fully-owned arm of Tata Motors, today launched the country’s first locally designed and manufactured industrial robot, ...
Micromax ropes in Anil Kapoor as brand ambassador
Electronics maker Micromax expects its consumer durables vertical to contribute 25% of total revenue in three years and has roped in Bollywood actor A...
Reliance Jio's Dhan Dhana Dhan offer gives 84 GB data for Rs 309
After withdrawing the Summer Surprise offer, Reliance Jio on Tuesday announced its Dhan Dhana Dhan offer starting at Rs 309. The new plan offers...
Markets make a slow start, macros take focus
Stocks held out hope today as the flagship Sensex made a tepid recovery ahead of release of key macroeconomic data and start of March quarter earnings...
Sensex bounces 125 points in early trade today
The quarterly earnings due to start this week provided markets a crucial leg-up today as the Sensex recouped 125 points and the Nifty topped 9,200 aga...
Mallya's famed Kingfisher Villa sold for Rs.73 crore
A luxurious beach front villa in Goa owned by absconding liquor baron Vijay Mallya has been sold to Bollywood and South Indian film actor Sachiin Josh...
IndiGo offers special fares starting at Rs. 1,119
Budget carrier IndiGo is offering special fares starting Rs. 1,119 on select domestic courses. The IndiGo Rs. 1,119 offer is on Chennai-Bengaluru rout...
E-commerce giant Flipkart to re-enter $600-mn grocery business
New Delhi: Locked in an intense battle with Amazon, homegrown e-commerce major Flipkart is looking at re-entering the grocery segment that accounts fo...
US regulators accuse Google of underpaying female workers
Government investigators looking into how Google pays its employees have accused the tech giant of shortchanging women doing similar work to men.A US ...
How pubs and hotels are coping with SC's highway liquor ban
On March 31, guests staying at a five-star in Gurugram were taken by surprise when the hotel staff came frantically knocking on their doors. After a h...
India's foreign exchange surges to 369.95 billion US dollars
India's foreign exchange surged by a whopping 2.02 billion US dollars to 369.95 billion US dollars in the week that ended on 31st of March 2017. A RBI...
Global curde oil prices hit one-month high
Global crude oil prices hit a one-month high today, after the US fired missiles at a military base in Syria, raising concerns that the conflict could ...
Rupee maintains its form, scales fresh 20-month high of 64.28
Defying intense global volatility and nervousness, the rupee today continued its stellar rally against the US dollar, surging 24 paise to end at a fre...
Banks Get Time Till 30 June to Obtain PAN From Account Holders
The tax department has given banks three more months, until 30 June, to obtain permanent account number (PAN) or Form 60 from all account holders, as ...
Israel Signs $2 Billion Missile Deal, Will 'Make In India'
JERUSALEM: Israel has signed a US $2 billion contract with India to supply it with missile defence systems, the state-owned Israel Aerospace Ind...
After Snapdeal and Yepme job cuts, now Practo sacks 150 employees
Healthcare start-up Practo's moves to sack 150 people, or 10 per cent of its workforce, is part of the new reality at Indian start-ups, who have been ...
Rs 141 crore worth of new Rs 2,000 and Rs 500 notes seized: Arun Jaitley
The Income Tax department, Enforcement Directorate and other agencies have seized Rs 141.13 crore worth of new currency notes of Rs 2,000 and Rs 500 c...
RBI retains key rate at 6.25%
The Reserve Bank on Thursday kept benchmark lending rate unchanged for the third consecutive policy review but raised the reverse repo rate as it step...
Sensex tanks 164 points on Asian cues
The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade today as RIL led the fall on increased selling by participants amid weak tre...
Google to build subsea cable connecting Sydney, Jakarta and Singapore
GOOGLE has announced it will build a new sub-sea cable network to boost connectivity between Australia and Southeast Asia, as demand for Internet data...
Reliance Jio stopping 3-month complimentary Summer Surprise offer after TRAI order
Advised by the telecom regulator, Reliance Jio on Thursday of Jio Summer Surprise, "as soon as operationally feasible, over the next few days"."Today,...
Rupee sheds 18 paise against US dollar
The rupee depreciated 18 paise to 65.05 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh demand for the Am...
FDs more popular than MFs, equities: Sebi
More than 95% Indian households prefer to park their money in bank deposits, while less than 10% opt for investing in mutual funds or stocks, a new Se...
Sensex trips 122 points ahead of RBI policy
Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 p...
RBI to hold monetary policy review today
RBI will today announce its first bi-monthly monetary policy review of the new financial year. The Monetary Policy Committee (MPC), headed by RBI Gove...
Ban on cash transactions of over Rs.2 lakh not applicable for bank withdrawls
The Income Tax department has clarified that the ban on cash transaction in excess of 2 lakh rupees will not be applicable to withdrawals from banks a...
Jeff Bezos' Amazon bets big on India; to set up 7 new warehouses, hire 1,200 people
E-commerce giant Amazon.in said today it has set up seven new warehouses (Fulfilment Centres or FCs) to cater exclusively to its large appliances and ...
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