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Resolution of twin balance sheet problem of banks to take 6-9 months: Assocham New Delhi: It may take at least three quarters before the twin balance sheet problem -- of banks saddled with bad loans and highly...
UCO Bank's shares slip to almost 12-year low on loan fraud claims Mumbai: Shares of public-sector lender UCO Bank on Monday plunged to almost 12-year low on the stock exchanges following the o...
E-vehicles charging stations need no licence, says government New Delhi: The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such st...
Facebook suspends Canadian political consulting firm amid data mining scandal Facebook says it has suspended a Canadian political consulting firm amid media reports it had ties to Cambridge Analytica, a Briti...
OnePlus 6 India price leaked: Specifications, features and everything else to know OnePlus 6 could launch soon and the company has already confirmed some crucial features about its upcoming flagship device. Now Tr...
Exporters in South may get Rs 6K-cr GST refund before March-end HYDERABAD: In a major relief to the exporter community in the South, both the Central and state governments are expected to clear ...
Indians sent record amount of money abroad in January MUBAI: Indians sent record remittances overseas in January, more than doubling from a year earlier, as more people funded children...
Top five longest flights routes in the world Flying from Australia to London in 1935 took 12 1/2 days. Passing a major aviation milestone on Saturday, Qantas will cover the 9,...
Indians sent record amount of money abroad in January MUBAI: Indians sent record remittances overseas in January, more than doubling from a year earlier, as more people funded children...
Disney to Donate $1 Million of ‘Black Panther’ Proceeds to Youth STEM Programs The blockbuster film is set in Wakanda, a country whose surplus of the fictional metal vibranium has enriched it tremendously. Man...
PNB fraud case: ICICI Bank's Chanda Kochhar, Axis Bank's Shikha Sharma summoned MUMBAI: ICICI Bank chief Chanda Kochhar and Axis Bank's Shikha Sharma have been summoned by an anti-fraud agency in the multi-cro...
Indian banks are among the most vulnerable in the G-20 economies today. Here’s why When the Indian economy and its banking sector emerged relatively unscathed after the global financial crash of 2008, India’s fina...
India's PNB bank fraud likely to swell beyond $2 billion mark MUMBAI (Reuters) - The extent of the unraveling fraud at India’s state-run Punjab National Bank (PNBK.NS) could rise beyond the ne...
Malaysian tycoon’s firm may lose $7 billion as Aircel files for bankruptcy (News Agencies) Malaysian tycoon T Ananda Krishnan’s company is poised to lose a total of about $7 billion from a failed 12-year f...
Fresh CBI complaint against Chirag computers maker for Rs 515 crore fraud (News Agencies) The Central Bureau of Investigation (CBI) on Tuesday registered a complaint against Kolkata-based RP Info Systems ...
Moon to get 4G mobile network next year to stream HD videos to earth (News Agencies) The moon will get its first 4G mobile network next year, enabling high-definition video to be streamed from the lu...
Bill Gates casts doubts on the Hyperloop (News Agencies) Count Bill Gates as part of the growing camp of Hyperloop skeptics. Billionaire tech mogul Elon Musk has gotten ...
At 7.2% in Q3, Indian economy grows fastest in 5 quarters, now fastest in the world (News Agencies) The Indian economy has regained its momentum, with the Central Statistical Office (CSO) reporting a GDP growth of ...
PSU banks need radical restructuring Had Punjab National Bank (PNB) not been owned by the government , by now there could have been long queues at the bank’s branches ...
Gitanjali Gems, Nirav Modi stores shuttered across India, employees await their dues The sight of the Nirav Modi store at the Flagship Kalaghoda store in Mumbai is pitiful—a watchman’s uniform, a pair of dark blue d...
PNB crisis shows government banks should either reform or perish We do not know how much money Punjab National Bank (PNB) will lose due to the current fraud involving letters of undertaking (bank...
Rotomac owner, son arrested in Rs 3,700 crore cheating case for cheating a consortium of seven banks of Rs 3,695 crore. CBI sources said that the Kotharis were arrested after three days of ...
How Mehul Choksi’s Empire Came Crashing Down ? Mehul Choksi, once the poster boy of India’s booming diamond trade, is now a wanted man for his alleged collusion in a $1.77 billi...
SC allows Sahara to sell Aamby Valley in parts though court-appointed liquidator (News Agencies) The Supreme Court on Wednesday allowed Sahara Group to sell its Aamby Valley township, spread over 6,700 acres in ...
CCI slaps Rs 136 crore fine on Google for unfair business practices (News Agencies) The Competition Commission today imposed a fine of Rs 136 crore on search engine major Google for unfair business ...
Using Facebook Messenger Bots to Boost Your Business (News Agencies) Facebook Messenger is a free tool for all Facebook users, including businesses, that is accessible through both th...
Mercedes-Benz apologises in China for quoting Dalai Lama abroad (News Agencies) Mercedes-Benz has apologized in China for quoting the Dalai Lama, the Tibetan spiritual leader who is reviled by B...
GDP growth revised to 8.2% in 2015-16, FY17 unchanged at 7.1% The Central Statistics Office Wednesday revised the Gross Domestic Product (GDP) growth rate for 2015-16 to 8.2% from the earlier ...
4 Indian airlines interested in Air India stake sale : Report New Delhi More Indian airlines could show interest in the flag carrier Air India, consulting firm CAPA has said in its 2018-19 out...
Budget 2018: What worries me is that fiscal arithmetic may be faulty, says Manmohan Singh Former prime minister Manmohan Singh in his reaction to Arun Jaitley’s budget said the fiscal arithmetic could be at fault. “I do...
French startup launches world's first hydrogen-powered bicycles A French start-up has become the first company to start factory production of hydrogen-powered bicycles for use in corporate or m...
Harley-Davidson Likely To Launch Three New Bikes Harley-Davidson Likely Launch Three New Bikes:The iconic American marque recently trademarked three names which lead us to believe...
Leaked Ferrari presentation drops details on super hot 488 Ferrari convened a gathering of dealers and special customers recently, and presented them with some of the specs on that special,...
Twitter launches ‘India Gate’ emoji ahead of Republic Day Twitter launches ‘India Gate’ emoji: Twitter on Wednesday launched a special #RepublicDay emoji ahead of Republic Day celebrations...
Safety fears over GPs forced to deal with up to 70 patients every day (News Agencies) GPs are carrying out up to 70 consultations a day – nearly three times the safe level, a major study has found. Th...
Apple's $350billion windfall for the US economy (News Agencies) Apple plans to inject more than $350billion into the US economy over the next five years by creating 20,000 jobs, ...
In the age of Amazon, Walmart is changing its legal name (News Agencies)Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age ...
Chinese lenders plan to pursue Reliance Communications in insolvency court (News Agencies) Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance...
Bitcoin hit a fresh record of $15,000 as investors pile in (News Agencies) Bitcoin ploughed past USD 15,000 to a fresh record today, triggering a warning the cryptocurrency was “like a char...
Audi offers discounts of up to ₹ 8.85 lakh German luxury carmaker Audi announced discounts of up to ₹ 8.85 lakh on select models as part of its year-end sales drive. ...
Govt. eases mine auction rules More than two years after it introduced auctions as a means to allot mining rights for major minerals, the Centre on Thursday ...
BSE creates history, stock lists at 34.61% premium on NSE Asia's oldest bourse BSE listed on rival NSE at a record premium price on Friday. The IPO was subscribed 51 times at a price band of Rs 805-Rs 806 per...
Payments Bank: What does it mean for you? Airtel Payments Bank- a joint venture between Bharti Airtel and Kotak Mahindra Bank offers you an interest rate of 7.25 per cent on their savings acc...
Tata Motors Reveals India's First Hydrogen Fuel Cell Bus Tata Motors launched the future of mass public transportation at its Pune facility and took another step in the direction of green technology and mobi...
Microsoft chief Satya Nadella to visit India later this month Microsoft's India-born chief Satya Nadella will be in India later this month to address a conference on Future Decoded in Mumbai. While Nadella has...
Next week, RBI policy and global cues to dictate the trend in the market With the Union Budget behind us, the focus would be on the Reserve Bank of India (RBI) monetary policy on Wednesday, 8th February 2017. While most of ...

Resolution of twin balance sheet problem of banks to take 6-9 months: Assocham

New Delhi: It may take at least three quarters before the twin balance sheet problem -- of banks saddled with bad loans and highly...

UCO Bank's shares slip to almost 12-year low on loan fraud claims

Mumbai: Shares of public-sector lender UCO Bank on Monday plunged to almost 12-year low on the stock exchanges following the o...

E-vehicles charging stations need no licence, says government

New Delhi: The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such st...

Facebook suspends Canadian political consulting firm amid data mining scandal

Facebook says it has suspended a Canadian political consulting firm amid media reports it had ties to Cambridge Analytica, a Briti...

OnePlus 6 India price leaked: Specifications, features and everything else to know

OnePlus 6 could launch soon and the company has already confirmed some crucial features about its upcoming flagship device. Now Tr...

Exporters in South may get Rs 6K-cr GST refund before March-end

HYDERABAD: In a major relief to the exporter community in the South, both the Central and state governments are expected to clear ...

Indians sent record amount of money abroad in January

MUBAI: Indians sent record remittances overseas in January, more than doubling from a year earlier, as more people funded children...

Top five longest flights routes in the world

Flying from Australia to London in 1935 took 12 1/2 days. Passing a major aviation milestone on Saturday, Qantas will cover the 9,...

Indians sent record amount of money abroad in January

MUBAI: Indians sent record remittances overseas in January, more than doubling from a year earlier, as more people funded children...

Disney to Donate $1 Million of ‘Black Panther’ Proceeds to Youth STEM Programs

The blockbuster film is set in Wakanda, a country whose surplus of the fictional metal vibranium has enriched it tremendously. Man...

PNB fraud case: ICICI Bank's Chanda Kochhar, Axis Bank's Shikha Sharma summoned

MUMBAI: ICICI Bank chief Chanda Kochhar and Axis Bank's Shikha Sharma have been summoned by an anti-fraud agency in the multi-cro...

Indian banks are among the most vulnerable in the G-20 economies today. Here’s why

When the Indian economy and its banking sector emerged relatively unscathed after the global financial crash of 2008, India’s fina...

India's PNB bank fraud likely to swell beyond $2 billion mark

MUMBAI (Reuters) - The extent of the unraveling fraud at India’s state-run Punjab National Bank (PNBK.NS) could rise beyond the ne...

Malaysian tycoon’s firm may lose $7 billion as Aircel files for bankruptcy

(News Agencies) Malaysian tycoon T Ananda Krishnan’s company is poised to lose a total of about $7 billion from a failed 12-year f...

Fresh CBI complaint against Chirag computers maker for Rs 515 crore fraud

(News Agencies) The Central Bureau of Investigation (CBI) on Tuesday registered a complaint against Kolkata-based RP Info Systems ...

Moon to get 4G mobile network next year to stream HD videos to earth

(News Agencies) The moon will get its first 4G mobile network next year, enabling high-definition video to be streamed from the lu...

Bill Gates casts doubts on the Hyperloop

(News Agencies) Count Bill Gates as part of the growing camp of Hyperloop skeptics. Billionaire tech mogul Elon Musk has gotten ...

At 7.2% in Q3, Indian economy grows fastest in 5 quarters, now fastest in the world

(News Agencies) The Indian economy has regained its momentum, with the Central Statistical Office (CSO) reporting a GDP growth of ...

PSU banks need radical restructuring

Had Punjab National Bank (PNB) not been owned by the government , by now there could have been long queues at the bank’s branches ...

Gitanjali Gems, Nirav Modi stores shuttered across India, employees await their dues

The sight of the Nirav Modi store at the Flagship Kalaghoda store in Mumbai is pitiful—a watchman’s uniform, a pair of dark blue d...

PNB crisis shows government banks should either reform or perish

We do not know how much money Punjab National Bank (PNB) will lose due to the current fraud involving letters of undertaking (bank...

Rotomac owner, son arrested in Rs 3,700 crore cheating case

for cheating a consortium of seven banks of Rs 3,695 crore. CBI sources said that the Kotharis were arrested after three days of ...

How Mehul Choksi’s Empire Came Crashing Down ?

Mehul Choksi, once the poster boy of India’s booming diamond trade, is now a wanted man for his alleged collusion in a $1.77 billi...

SC allows Sahara to sell Aamby Valley in parts though court-appointed liquidator

(News Agencies) The Supreme Court on Wednesday allowed Sahara Group to sell its Aamby Valley township, spread over 6,700 acres in ...

CCI slaps Rs 136 crore fine on Google for unfair business practices

(News Agencies) The Competition Commission today imposed a fine of Rs 136 crore on search engine major Google for unfair business ...

Using Facebook Messenger Bots to Boost Your Business

(News Agencies) Facebook Messenger is a free tool for all Facebook users, including businesses, that is accessible through both th...

Mercedes-Benz apologises in China for quoting Dalai Lama abroad

(News Agencies) Mercedes-Benz has apologized in China for quoting the Dalai Lama, the Tibetan spiritual leader who is reviled by B...

GDP growth revised to 8.2% in 2015-16, FY17 unchanged at 7.1%

The Central Statistics Office Wednesday revised the Gross Domestic Product (GDP) growth rate for 2015-16 to 8.2% from the earlier ...

4 Indian airlines interested in Air India stake sale : Report

New Delhi More Indian airlines could show interest in the flag carrier Air India, consulting firm CAPA has said in its 2018-19 out...

Budget 2018: What worries me is that fiscal arithmetic may be faulty, says Manmohan Singh

Former prime minister Manmohan Singh in his reaction to Arun Jaitley’s budget said the fiscal arithmetic could be at fault. “I do...

French startup launches world's first hydrogen-powered bicycles

A French start-up has become the first company to start factory production of hydrogen-powered bicycles for use in corporate or m...

Harley-Davidson Likely To Launch Three New Bikes

Harley-Davidson Likely Launch Three New Bikes:The iconic American marque recently trademarked three names which lead us to believe...

Leaked Ferrari presentation drops details on super hot 488

Ferrari convened a gathering of dealers and special customers recently, and presented them with some of the specs on that special,...

Twitter launches ‘India Gate’ emoji ahead of Republic Day

Twitter launches ‘India Gate’ emoji: Twitter on Wednesday launched a special #RepublicDay emoji ahead of Republic Day celebrations...

Safety fears over GPs forced to deal with up to 70 patients every day

(News Agencies) GPs are carrying out up to 70 consultations a day – nearly three times the safe level, a major study has found. Th...

Apple's $350billion windfall for the US economy

(News Agencies) Apple plans to inject more than $350billion into the US economy over the next five years by creating 20,000 jobs, ...

In the age of Amazon, Walmart is changing its legal name

(News Agencies)Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age ...

Chinese lenders plan to pursue Reliance Communications in insolvency court

(News Agencies) Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance...

Bitcoin hit a fresh record of $15,000 as investors pile in

(News Agencies) Bitcoin ploughed past USD 15,000 to a fresh record today, triggering a warning the cryptocurrency was “like a char...

Audi offers discounts of up to ₹ 8.85 lakh

German luxury carmaker Audi announced discounts of up to ₹ 8.85 lakh on select models as part of its year-end sales drive. ...

Govt. eases mine auction rules

More than two years after it introduced auctions as a means to allot mining rights for major minerals, the Centre on Thursday ...

BSE creates history, stock lists at 34.61% premium on NSE

Asia's oldest bourse BSE listed on rival NSE at a record premium price on Friday. The IPO was subscribed 51 times at a price band of Rs 805-Rs 806 per...

Payments Bank: What does it mean for you?

Airtel Payments Bank- a joint venture between Bharti Airtel and Kotak Mahindra Bank offers you an interest rate of 7.25 per cent on their savings acc...

Tata Motors Reveals India's First Hydrogen Fuel Cell Bus

Tata Motors launched the future of mass public transportation at its Pune facility and took another step in the direction of green technology and mobi...

Microsoft chief Satya Nadella to visit India later this month

Microsoft's India-born chief Satya Nadella will be in India later this month to address a conference on Future Decoded in Mumbai. While Nadella has...

Next week, RBI policy and global cues to dictate the trend in the market

With the Union Budget behind us, the focus would be on the Reserve Bank of India (RBI) monetary policy on Wednesday, 8th February 2017. While most of ...

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LATEST UPDATES

British PM Theresa May to face criticism for bypassing Parliament to join US-led air strikes against Syria London: British Prime Minister Theresa May will face criticism on Monday for bypassing Parliament to join weekend air strikes agai...
Donald Trump morally unfit to be president, says ex-FBI chief James Comey Washington: Former FBI Director James Comey says he thinks it's possible the Russians have compromising information on President D...
Minister Narendra Modi will lose his Varanasi seat if the Opposition unites for the 2019 Lok Sabha elections. Narendra Modi took office in May 2014, and with the exception of the solitary page of the BJP manifesto devoted to foreign relations, there was little...
Worry about yourself, Sonia Gandhi for 2019: BJP hits back at Rahul Gandhi over his dare to Narendra Modi New Delhi: The Bharatiya Janata Party on Monday hit back at Congress President Rahul Gandhi over his dare that Prime Minister ...
Greater Noida: Woman 'gagged', 'gangraped' by two men in car on Yamuna Expressway Agra: In yet another incident of alleged sexual assault against women, a 24-year-old woman has alleged that she was gang-raped by ...
Mecca Masjid blast case verdict: Court acquits all accused; 'faith in agencies lost,' says Cong's Azad Hyderabad: Eleven years after a blast took place in Hyderabad's iconic mosque, Mecca Masjid at Charminar, causing the death of ni...
I hope India’s success at CWG 2018 motivates more youngsters to pursue sports: Narendra Modi Soon after Indian contingent produced a stellar show at 21st Commonwealth Games by winning 66 medals in total, which is also their...
Congress releases list of candidates for Karnataka Assembly elections 2018 New Delhi: Congress party has released the list of candidates for the upcoming Karnataka Assembly elections that are going to be h...
China’s state media urges US industry to rally against Trump tariff threat Chinese state media on Sunday called on industrial and commercial sectors in the United States to rally against President Donald T...
This Kerala student startup has found a way to make livestock feed rich in nutrients On day one of Huddle Kerala, a conclave that seeks to explore the state’s potential to emerge as a startup destination, there were...

British PM Theresa May to face criticism for bypassing Parliament to join US-led air strikes against Syria