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How Corporations Keep Their Own Workers in Debt from the company, to be paid off with deductions from pay. In the end, workers toil for next to nothing, lack the autonomy of a true independent busi...
China in talks with US exporters to secure long-term LNG supply amid concerns over fuel security (News Agencies)-Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas (LNG) supplies, as s...
Hyderabad Engineer Bags Job At Microsoft With ? 2 Crore Package Deepthi Narkuti previously worked for American investment bank JP Morgan for three years (Insider Bureau)-A Hyderabad-based software engineer has ...
As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away Four banks stopped working with British industrialist Sanjeev Gupta's commodity trading business, starting in 2016, after alleged paperwork problems i...
China can extend Hambantota port lease to 198 years, Sri Lankan minister says Sri Lanka’s foreign minister said the 99-year lease of the Hambantota port to China could be extended to 198 years, calling it a “mistake” made by the...
Australia's battle with Facebook, Google has wider implications At stake are the question of sovereignty and the risks of governments losing control over national communication and their public sphere. As of th...
Oil price in India soars, 4 states offer relief By Susmita Ghosh In order to rein in the soaring prices of petrol and diesel, four states have cut taxes in recent days. This resulted in giving some...
TikTok agrees to block users in Italy who say they are under 13 after girl dies The popular video app TikTok said on Wednesday it had agreed with Italian authorities to block all users who gave their age as under 13, among other ...
Government issues notice to Twitter to remove content on 'farmer genocide' tag The Centre on Wednesday sent a final notice to Twitter, taking a tough stand against social media handles posting contents with offensive hashtags rel...
Rupee slips 3 paise to 73.18 against US dollar in early trade At the interbank forex market, the domestic unit opened at 73.18 against the US dollar, registering a fall of 3 paise over its previous close. The...
OPPO is all geared up to launch the ultimate videography expert, Reno5 Pro 5G, on January 18, 2021, in India OPPO Reno5 Pro 5G will be power-packed with industry-first AI Highlight Video feature that delivers phenomenal video quality in every light condition,...
Amazon to spend $2 billion in affordable homes near key US offices Amazon.com Inc said on Wednesday it would spend $2 billion to create affordable homes in regions where three of its major US employment hubs are loca...
Hold big tech firms accountable Shortly after the United States (US) justice department announced it was suing Google for operating an "illegal monopoly" through its search services...
Donald Trump's H-1B Visa Order To Cost US Firms $100 Billion: Report (Insider Bureau)-President Donald Trump's executive order restricting entry of skilled foreign workers into the US, mainly on H-1B and L1 visas, has ...
Indian In UAE Returns Bag Containing $14,000, Gold; Honoured: Report (SAI Bureau) An Indian in the UAE was honoured by the police for returning a bag containing USD 14,000 and gold, a media report said on Saturday. Re...
Accused Arms Dealer Sanjay Bhandari's UK Extradition Hearing In June 2021 Sanjay Bhandari, who was arrested on an extradition warrant back in July, was due to appear at Westminster Magistrates'Court in London on Thursday ...
Rajendra Kankariya of New Jersey Guilty In USD 17-Million Bank Fraud (SAI Bureau) An Indian-American president of a now-defunct New Jersey-based marble and granite wholesaler has admitted his role in scheming to defrau...
300,000 Pounds Suspect Cash Seized From Indian-Origin Couple's UK Home (SAI Bureau)Crime prevention officials and police in the UK have recovered over 300,000 pounds in cash suspected of being the proceeds of crime from a...
$9,000 Fine For Singapore Manager For Confining 3 Indians For 40 Days The workers were first confined from May 12 to 15, and then over a five-week stretch, from May 19 to June 26, The Straits Times reported. (SAI Bure...
It can no longer be business-as-usual India needs to reset its entire relationship with China. There will be pain, but it’s time to stand up The difference between the summer of 2020 an...
Why did it take so long for Reddit and Facebook to block racist groups? Powerful tech companies have two areas of vulnerability - employees and advertisers. Now both are in open revolt By Siva Vaidhyanathan This week...
UP govt to recover Rs 900 crores from teachers using fake degrees to get jobs As many as 2823 teachers employed by government schools in Uttar Pradesh as far back as 2004-05 used fake degrees issued by the Agra University, more ...
What Is Reliance Jio Going To Do With All That Money It’s Raising? If there's one thing Reliance chairman Mukesh Ambani is good at, it's being a sharp businessman. At a time when the world is reeling under the COVID-1...
Bengal Govt Cracks Down on Nearly 300 Ration Dealers for Corruption, Retrieves Stolen Food Items On April 16, CM Mamata Banerjee had announced the removal of the secretary of the Bengal food and supplies department amid allegations of ration malpr...
Fitch warns India against further deterioration in fiscal outlook India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the...
Mehul Choksi Tops RBI List Of Defaulters Who Owe Nearly Rs 70,000 Crore In response to a RTI query, the RBI released the names of top 50 with the highest amount of loans written off. New Delhi: Business tycoons Mehul Ch...
US tightens restrictions on technology exports to China, Russia and Venezuela The Trump Administration announced new export control actions to prevent efforts by entities in China, Russia, and Venezuela to acquire American techn...
Don’t delay or create hurdles in inter-state movement of goods’: Gadkari tells states States must take urgent action to remove blockades for the movement of trucks at inter-state borders Union road transport and highways minister Nitin ...
India’s global stature has gone up Modi has shown the world in successfully fighting coronavirus By Jagdish Sewhani Thanks to the legendary administrative acumen of Prime Minister ...
West Asia is staring at an economic crisis. India has to be prepared (News Agencies) Often jocularly called “India’s fifth metropolis” or “India’s cleanest city”, Dubai is the economic power centre of not just West Asia...
Google expands its automated AI calling service Duplex to Australia, Canada and the UK An AI service was rolled out by Google in late 2018 in the US followed by New Zealand. Christened as Duplex, the AI is used for restaurant bookings or...
US clears sale of Harpoon missiles, torpedoes for India’s P-8I aircraft The US State Department approved the sale following a request for these two military hardware made by the Indian Government, the Pentagon said amidst ...
Covid-19: US allows H-1B visa extension, relief for stranded Indians The US Department of Homeland Security (DHS) in a new notification has said it recognises that there are immigration-related challenges as a direct re...
Google expands its automated AI calling service Duplex to Australia, Canada and the UK An AI service was rolled out by Google in late 2018 in the US followed by New Zealand. Christened as Duplex, the AI is used for restaurant bookings or...
Coronavirus update: H-1B workers seek 180 instead of 60-day stay in US amid layoffs Foreign IT professionals, a majority of them Indians with H-1B visas in the US, have urged the Trump administration to extend their permissible stay f...
Coronavirus upends US census as bureau looks to save official count Coronavirus upends US census as bureau looks to save official count The coronavirus is upending the 2020 census, disrupting an already fragile oper...
Will the coronavirus kill the oil industry and help save the climate? The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survi...
India extends international passenger flight ban till April 14 The DGCA had earlier suspended all international commercial passenger flight to and from India till March, 29. (News Agencies) Aviation regulator D...
Saudi Arabia just won control of the oil market When Saudi Arabia, OPEC’s de facto leader and most influential member, decided at its latest meeting in Vienna to break its recent strategic oil partn...
AG Bill Barr issues $15m REWARD for Venezuelan president Nicolás Maduro after he is charged in the U.S. with narco terrorism (News Agencies) The US Department of Justice announced Thursday that it has indicted Venezuela's president Nicolás Maduro and several key aides on cha...
Chasing dollars: India's projects increasingly funded by offshore borrowings Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surpri...
Vijay Mallya extradition: Overwhelming evidence of fraud, India tells UK court The now defunct Kingfisher Airlines owned by controversial businessman Vijay Mallya "knowingly misrepresented" its profitability while seeking bank l...
E-commerce: The threat of counterfeits and piracy E -commerce in India has seen phenomenal growth over the years - from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This come...
Assam NRC goes offline, company points to contract that wasn't renewed (News Agencies)-Wipro, the company tasked with providing storage space on cloud for keeping National Register of Citizenship (NRC) data in Assam, ha...
Is there a way to counter fake news on WhatsApp? A new research suggests that corrective messages may need to be frequent rather than sourced or sophisticated If you were on WhatsApp in the months...
The quest to sell Air India Since its victory in May 2019, the Bharatiya Janata Party (BJP)?government has set about vigorously enacting long-articulated Hindu nationalist polic...
Tata Sons Moves Supreme Court Over Cyrus Mistry's Reappointment As Company Chairman Tata Sons on Thursday moved the Supreme Court against the National Company Law Appellate Tribunal (NCLAT) order that directed rei...
Drones flying in rural Colorado and Nebraska have residents freaking out. No one knows who's behind them (News Agencies)- Mysterious drones have been flying over Colorado and Nebraska in recent weeks and authorities can't figure out w...
Bernie Sanders' $34.5 million haul leads Democrats' 4th quarter totals so far (News Agencies)- Sanders was the second candidate vying for the Democratic nomination to announce his fundraising numbers in the ...
Air India employee unions meet minister with concerns over fate (News Agencies)- Employee unions affiliated to Air India have sought assurances that their interests will be protected by the gov...
The interplay of AI, modern lives and literature (News Agencies) In September, I visited Berlin for the International Literature Festival, on a track titled Automatic Writing, whi...
Rupee weak as Saudi attack spurs demand for safe haven assets (News Agencies) The Indian rupee was weaker against the US dollar tracking emerging market currencies as the attack on Saudi Arabi...
ISRO inks MoUs with DRDO sign for Gaganyaan project (News Agencies) The Indian Space Research Organisation (ISRO) on Tuesday inked MoUs with the Defence Research and Development Org...
India must plan for an oil crisis Incidents like the Abqaiq fire in the Gulf can have instant fallout Uncertainty is the primary additive to global crude these days...
In family businesses, identify issues and address discord Institutions required to run a business are well-established and are statutorily required in most countries. Often, the securitie...
With their hypocrisy and irresponsibility, how intermediaries hurt India Social media — the barrier-free, communication enabler — has its dark side. The Chennai case, currently in Supreme Court (SC), is ...
UK’s new visa offer to benefit thousands of Indian students (News Agencies) The announcement means that Indian and other international students who join a UK educational institution from the...
Amazon Kills Spark, Its Answer to Pinterest and Instagram Two years ago, Amazon (NASDAQ: AMZN) launched Spark, a social shopping app aimed at challenging Facebook's (NASDAQ: FB) Instagram...
India can boost export of 300 products to US, China amid trade war: Report ( News Agencies)- The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 3...
Jet Airways’ shares crash 52% as lenders decide to initiate bankruptcy proceedings ( News Agencies)- Jet Airways shares lost over half of its value on Tuesday following its lenders’ decision to initiate bankruptcy...
Hong Kong markets tumble amid China extradition protests (Agencies)- Hong Kong stocks tumbled and the currency soared as interbank interest rates jumped amid protests that closed roads in...
Jet Airways shares slump after report that Hindujas, Etihad may not invest (Agencies)- Shares of India's Jet Airways Ltd crashed to record lows on Tuesday, after a report that Hinduja Group and Etihad Air...
The problems of regulating digital markets (Agencies)- In his recent call to break up Facebook, co-founder Chris Hughes argued that Mark Zuckerberg couldn't fix the company...
How China's Sputnik moment can be India's big break The Donald Trump administration's decision to blacklist Huawei and cut off access to western software and chip technologies has be...
Worries of US-China trade war hits markets (By our staff reporter) - Sign up for Next China, a weekly email on where the nation stands now and where it's going next. Expect...
Anil Ambani to withdraw defamation suits against Congress, National Herald (By our staff reporter) - Billionaire Anil Ambani's Reliance Group Tuesday said it has decided to withdraw the Rs 5,000 crore civi...
PNB likely to take control of 2-3 small state-run banks: Report India's Punjab National Bank is looking to merge with two or three government owned banks that could include Oriental Bank Of Comm...
Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mu...
Democrats pound Treasury official over Deutsche Bank, Trump (Insider Bureau)-Senate Democrats on Tuesday hammered a top Treasury Department official over a bombshell report that Deutsche Ban...
Delhi High Court directs Customs Dept to pay Rs 94 lakhs to foreigner for selling off her seized gold (Agencies)- The Customs Department has been directed by the Delhi High Court to pay Rs 94 lakh to a foreigner for hurriedly sellin...
Air India suspends pilot charged with sexual harassment (Agencies)- The national carrier Air India on Tuesday suspended a senior pilot charged with sexual harassment of a female co-pilot...
SC to hear Gautam Khaitan's plea tomorrow, to affect ongoing cases under black money act (Agencies) - With the Delhi High court taking a prima facie view that the black money rules notified in April 2016 are incorrect,...
Can India grow now and clean up later? No, it can't \What is the BJP's track record in the areas of environment, energy and climate change? The important themes of national security,...
India and Japan can provide an alternative to BRI India, Japan and Sri Lanka have jointly agreed to develop the Colombo port, according to a report in Nikkei Asian Review on Monday...
India must refresh its foreign policy The next government in India will face several foreign policy challenges as the international order copes with a shifting balance ...
The rise of India's new billionaires and the fall of the old (News Agencies)- - India is going through one of the greatest periods of wealth creation -- and destruction -- all at the same tim...
The U.S.-China Trade War Could Be Long and Painfull Just two weeks ago, the United States and China seemed to be gliding toward a trade deal meant to resolve tensions between the wor...
Small Business Development Center Launches at Queens College (By our staff reporter) New York: A Small Business Development Center (SBDC) was recently launched at Queens College. Center was ...
Cooperating with China on oil imports has its limits The decision of the United States (US) to not extend the waivers for importing Iranian oil has put three countries - India, China ...
Jet is case of throwing good money after bad A wave of sentimental nostalgia greeted the news of Jet Airways' temporary grounding after banks (which now effectively own it) p...
GE's WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy General Electric Co on Tuesday put the remnants of its WMC Mortgage unit into bankruptcy, 11 days after paying a $1.5 billion U.S....
Sears sues Kunal Kamlani & others SAI Bureau) Chicago: Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others li...
US approves sale of 24 MH 60 Romeo Seahawk helicopters to India for $ 2.6 billion (By a Staff Reporter) - The United States on Tuesday announced it had cleared the sale of 24 MH-60R Seahawk choppers to India . Th...
Facebook, Instagram suffer major global outage, down for hours (Agencies)- Facebook and Instagram on Wednesday suffered a major global outage. Users were unable to access the two platforms on...
Zuckerberg wants Facebook to build a creepy mind-reading machine (Agencies)- If you're concerned about Facebook's privacy scandals or worried that it's listening in on your phone calls, you'll l...
Google paid $45 million to its former India-born executive accused of sexual misconduct (By a Staff Reporter) Tech titan Google agreed to pay its former India-born top executive Amit Singhal a whopping $45 million a...
This is how Twitter Ads transparency centre will work in India (Insider Bureau)-As India gears up for the coming general election, Twitter has announced to bring its Ads Transparency Centre to ...
Amazon changes business structure in India after new e-commerce rules: Report (Agencies)- One of the biggest sellers on Amazon.com Inc's India website has returned after the online retail giant changed its b...
Overseas Indian Establishes Sustainability Center at IIT Gandhinagar (Agencies) Gandhinagar, India- Indian Institute of Technology Gandhinagar aims to become the principal resource center for sust...
From a prized jewel to a fallen star (Insider Bureru)- The collapse of Reliance Communications (RCom) marks a complete fall in flamboyant Anil Ambani's fortune as the ...
2018 Fourth Warmest Year in Continued Warming Trend, According to NASA, NOAA Earth's global surface temperatures in 2018 were the fourth warmest since 1880, according to independent analyses by NASA and the...
Optimistic about Indian market despite changes in e-commerce FDI policy: Walmart (Agencies)- US retail major Walmart, which invested USD 16 billion in Flipkart, Wednesday said it is committed to the Indian marke...
Money laundering causes distortion in the economic statistics The money laundering industry thrives on the art of trickery. Money launderers make it difficult to detect the origin of illegitim...
Ahead of LS polls, WhatsApp tells political parties not to spam users (Insider Bureau)-Instant messaging service WhatsApp has said political parties are not using the platform in the manner that was i...
UK approves Vijay Mallya extradition to India (Insider Bureau)- UK Home Secretary Sajid Javid has approved the extradition of Indian business tycoon Vijay Mallya, who faces fra...
US to sell India 2 missile defence systems to protect President, PM planes The US has agreed to sell two advanced missile defence systems to India for two Boeing-777 Head-of-State aircraft for an estimated...
Eminent Indian-American business leader to enter politics Weeks after receiving the prestigious Rosa Parks Trailblazer Award, eminent Indian-American Gurinder Sikh Khalsa has decided to en...
YouTube's bet against big cable announces nationwide expansion (News Agencies)- Google’s TV streaming service for cord cutters, YouTube TV, is expanding nationwide. As more people ditch their ...
Bezos vs Ambani: The billionaire bout that had to happen (News Agencies)-The battlefor the Indian consumerwas never going tobe an all-American affair. WalmartInc.'s splashy acquisition la...
Why Taxing the Bejesus Out of the Rich Might Be Useful, Even if It Doesn't Actually Raise Much Money (Agencies)- What's the point of raising taxes on the rich? If you asked most Americans that question, my guess is you'd get a resp...
The crisis of imbalance in the world economy (Insider Bureau)- The World Economic Forum (WEF), an annual event held in the Swiss ski resort of Davos, has become a symbol of gl...
US shutdown continues, as Democrats pass bills that Trump won’t sign In a sign of how far apart Republicans and Democrats remained on the border wall funding, the White House has announced that Presi...
Former US marine charged with spying in Russia, had dozens of military contacts on social media A U.S. corporate security executive and former Marine who has been jailed in Moscow on spying charges has spent more than a decad...
World’s most-prized fish: Endangered tuna sold for Rs 21 crore in Japan A 612-pound (278-kilogram) bluefin tuna sold for a record 333.6 million yen (Rs 21 crore) in the first auction of 2019, after Toky...
Stunned by allegations; challenging time for my family and me: Binny Bansal BENGALURU: In a strong rebuttal to allegations of personal misconduct by an unnamed complainant, Flipkart co-founder Binny Bansal ...
US proposes changes to H-1B visa programme, move to hit Indian IT companies Indian companies and IT professionals have been major beneficiaries of the programme cornering more than 70% of the 65,000 visas t...
Singh brothers defrauded Fortis Healthcare of Rs 4 billion, must pay it back: Sebi The Securities and Exchange Board of India (Sebi)?said on Wednesday it will continue to investigate the alleged fraud at Fortis He...
IMF-World Bank ends meetings with call to brace for risks Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging coun...
India-Russia defence deal: S-400 air defence system can launch 72 missiles, engage 36 targets at one go The S-400 Triumf air defence system deal, inked by India and Russia Friday notwithstanding the US pressure of sanctions, can engag...
Punjab refuses to toe line of BJP-ruled states on fuel price cut Congress-ruled Punjab has refused to follow in the footsteps of the Bharatiya Janata Party-ruled states on cutting value-added tax...
Facebook is responsible for Instagram now. It better not mess it up (News Agencies) Instagram has become an immensely popular platform for young people. It's also been a bright spot for Facebook ami...
A deep dive into India’s job market (News Agencies) High income inequality driven by a driven by a growing divergence between growth in productivity and wages is the ...
Things to know about Aadhaar, India’s billion-strong biometric database (By Our Staff Reporter) More than a billion Indians have uploaded their biometric details to a national database in exchange for a...
Social Media Giants to Flag Fake News During Poll Campaigning: EC New Delhi: The Election Commission would be working closely with Facebook, Google and Twitter during the forthcoming Assembly ...
India heads of IT giants may face criminal charges over fake news NEW DELHI: The India heads of global internet and social media giants should face criminal proceedings in case their platforms are...
Apple's Secretive Self-Driving Car Rear-Ended On US Expressway An Apple Inc self-driving car was rear-ended while merging onto an expressway near the company's Silicon Valley headquarters this ...
China’s Challenge Is America’s Opportunity American tensions with China over international trade spring partly from concerns that China gives tax breaks to its companies to ...
Israel shoots down Syrian warplane as Golan frontier heats up Israel said it shot down a Syrian warplane that crossed into the Israeli-occupied Golan Heights on Tuesday, but Damascus said the...
80% reduction in Indian money in Swiss banks under Modi gove NEW DELHI: Indian money in Swiss banks has come down by 80 per cent under the Modi government, contrary to media reports of it inc...
‘Kick in the teeth’: UK omits India from relaxed student visa rules; students upset The UK government’s decision to exclude India from a new list of countries considered “low risk”, which facilitates an easier visa...
PNB fraud case: Nirav Modi’s five dummy firms in Hong Kong whose owners earned Rs 8,000 got Rs 8,000 crore LoUs OWNERS AND directors of at least five Hong Kong firms that allegedly received about Rs 8,270 crore from Letters of Undertaking (Lo...
Bullet Train Project: VMC to discuss allotting land Even as farmers in Gujarat and Maharashtra are protesting against land acquisition for the bullet train project, the Vadodara Muni...
To reduce fuel price, government looks at ONGC to share the burden Wary of slipping on fiscal deficit targets, the Finance Ministry is reluctant to take a hit on excise duty levied on petrol and di...
PNB-Modi chargesheet: Named in Nirav Modi case, Allahabad Bank CEO, two PNB directors face axe The Central Bureau of Investigation (CBI) probing the alleged Rs 13,400-crore fraud involving diamantaires Nirav Modi and his uncl...
Vijay Mallya loses $1.55 billion assets case in UK court Embattled liquor tycoon Vijay Mallya, undergoing an extradition trial in a UK court over fraud and money laundering charges by Ind...
Vijay Mallya loses $1.55 billion assets case in UK court Embattled liquor tycoon Vijay Mallya, undergoing an extradition trial in a UK court over fraud and money laundering charges by Ind...
Google I/O 2018 keynote LIVE UPDATES: Google Assistant to get six new voices, new features Google I/O 2018 opens today on May 8 with a live keynote address by Google CEO Sundar Pichai. The annual developer conference is t...
One medicine, five chemists, five price tags, from Rs 1,550 to Rs 255 — all at one hospital At the Postgraduate Institute of Medical Education and Research (PGIMER), a patient has the choice to get fleeced or save herself ...
Amazon to double down on groceries; foray deeper into fresh produce in India Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, ...
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 ...

How Corporations Keep Their Own Workers in Debt

from the company, to be paid off with deductions from pay. In the end, workers toil for next to nothing, lack the autonomy of a true independent busi...

China in talks with US exporters to secure long-term LNG supply amid concerns over fuel security

(News Agencies)-Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas (LNG) supplies, as s...

Hyderabad Engineer Bags Job At Microsoft With ? 2 Crore Package

Deepthi Narkuti previously worked for American investment bank JP Morgan for three years (Insider Bureau)-A Hyderabad-based software engineer has ...

As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away

Four banks stopped working with British industrialist Sanjeev Gupta's commodity trading business, starting in 2016, after alleged paperwork problems i...

China can extend Hambantota port lease to 198 years, Sri Lankan minister says

Sri Lanka’s foreign minister said the 99-year lease of the Hambantota port to China could be extended to 198 years, calling it a “mistake” made by the...

Australia's battle with Facebook, Google has wider implications

At stake are the question of sovereignty and the risks of governments losing control over national communication and their public sphere. As of th...

Oil price in India soars, 4 states offer relief

By Susmita Ghosh In order to rein in the soaring prices of petrol and diesel, four states have cut taxes in recent days. This resulted in giving some...

TikTok agrees to block users in Italy who say they are under 13 after girl dies

The popular video app TikTok said on Wednesday it had agreed with Italian authorities to block all users who gave their age as under 13, among other ...

Government issues notice to Twitter to remove content on 'farmer genocide' tag

The Centre on Wednesday sent a final notice to Twitter, taking a tough stand against social media handles posting contents with offensive hashtags rel...

Rupee slips 3 paise to 73.18 against US dollar in early trade

At the interbank forex market, the domestic unit opened at 73.18 against the US dollar, registering a fall of 3 paise over its previous close. The...

OPPO is all geared up to launch the ultimate videography expert, Reno5 Pro 5G, on January 18, 2021, in India

OPPO Reno5 Pro 5G will be power-packed with industry-first AI Highlight Video feature that delivers phenomenal video quality in every light condition,...

Amazon to spend $2 billion in affordable homes near key US offices

Amazon.com Inc said on Wednesday it would spend $2 billion to create affordable homes in regions where three of its major US employment hubs are loca...

Hold big tech firms accountable

Shortly after the United States (US) justice department announced it was suing Google for operating an "illegal monopoly" through its search services...

Donald Trump's H-1B Visa Order To Cost US Firms $100 Billion: Report

(Insider Bureau)-President Donald Trump's executive order restricting entry of skilled foreign workers into the US, mainly on H-1B and L1 visas, has ...

Indian In UAE Returns Bag Containing $14,000, Gold; Honoured: Report

(SAI Bureau) An Indian in the UAE was honoured by the police for returning a bag containing USD 14,000 and gold, a media report said on Saturday. Re...

Accused Arms Dealer Sanjay Bhandari's UK Extradition Hearing In June 2021

Sanjay Bhandari, who was arrested on an extradition warrant back in July, was due to appear at Westminster Magistrates'Court in London on Thursday ...

Rajendra Kankariya of New Jersey Guilty In USD 17-Million Bank Fraud

(SAI Bureau) An Indian-American president of a now-defunct New Jersey-based marble and granite wholesaler has admitted his role in scheming to defrau...

300,000 Pounds Suspect Cash Seized From Indian-Origin Couple's UK Home

(SAI Bureau)Crime prevention officials and police in the UK have recovered over 300,000 pounds in cash suspected of being the proceeds of crime from a...

$9,000 Fine For Singapore Manager For Confining 3 Indians For 40 Days

The workers were first confined from May 12 to 15, and then over a five-week stretch, from May 19 to June 26, The Straits Times reported. (SAI Bure...

It can no longer be business-as-usual

India needs to reset its entire relationship with China. There will be pain, but it’s time to stand up The difference between the summer of 2020 an...

Why did it take so long for Reddit and Facebook to block racist groups?

Powerful tech companies have two areas of vulnerability - employees and advertisers. Now both are in open revolt By Siva Vaidhyanathan This week...

UP govt to recover Rs 900 crores from teachers using fake degrees to get jobs

As many as 2823 teachers employed by government schools in Uttar Pradesh as far back as 2004-05 used fake degrees issued by the Agra University, more ...

What Is Reliance Jio Going To Do With All That Money It’s Raising?

If there's one thing Reliance chairman Mukesh Ambani is good at, it's being a sharp businessman. At a time when the world is reeling under the COVID-1...

Bengal Govt Cracks Down on Nearly 300 Ration Dealers for Corruption, Retrieves Stolen Food Items

On April 16, CM Mamata Banerjee had announced the removal of the secretary of the Bengal food and supplies department amid allegations of ration malpr...

Fitch warns India against further deterioration in fiscal outlook

India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the...

Mehul Choksi Tops RBI List Of Defaulters Who Owe Nearly Rs 70,000 Crore

In response to a RTI query, the RBI released the names of top 50 with the highest amount of loans written off. New Delhi: Business tycoons Mehul Ch...

US tightens restrictions on technology exports to China, Russia and Venezuela

The Trump Administration announced new export control actions to prevent efforts by entities in China, Russia, and Venezuela to acquire American techn...

Don’t delay or create hurdles in inter-state movement of goods’: Gadkari tells states

States must take urgent action to remove blockades for the movement of trucks at inter-state borders Union road transport and highways minister Nitin ...

India’s global stature has gone up

Modi has shown the world in successfully fighting coronavirus By Jagdish Sewhani Thanks to the legendary administrative acumen of Prime Minister ...

West Asia is staring at an economic crisis. India has to be prepared

(News Agencies) Often jocularly called “India’s fifth metropolis” or “India’s cleanest city”, Dubai is the economic power centre of not just West Asia...

Google expands its automated AI calling service Duplex to Australia, Canada and the UK

An AI service was rolled out by Google in late 2018 in the US followed by New Zealand. Christened as Duplex, the AI is used for restaurant bookings or...

US clears sale of Harpoon missiles, torpedoes for India’s P-8I aircraft

The US State Department approved the sale following a request for these two military hardware made by the Indian Government, the Pentagon said amidst ...

Covid-19: US allows H-1B visa extension, relief for stranded Indians

The US Department of Homeland Security (DHS) in a new notification has said it recognises that there are immigration-related challenges as a direct re...

Google expands its automated AI calling service Duplex to Australia, Canada and the UK

An AI service was rolled out by Google in late 2018 in the US followed by New Zealand. Christened as Duplex, the AI is used for restaurant bookings or...

Coronavirus update: H-1B workers seek 180 instead of 60-day stay in US amid layoffs

Foreign IT professionals, a majority of them Indians with H-1B visas in the US, have urged the Trump administration to extend their permissible stay f...

Coronavirus upends US census as bureau looks to save official count

Coronavirus upends US census as bureau looks to save official count The coronavirus is upending the 2020 census, disrupting an already fragile oper...

Will the coronavirus kill the oil industry and help save the climate?

The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survi...

India extends international passenger flight ban till April 14

The DGCA had earlier suspended all international commercial passenger flight to and from India till March, 29. (News Agencies) Aviation regulator D...

Saudi Arabia just won control of the oil market

When Saudi Arabia, OPEC’s de facto leader and most influential member, decided at its latest meeting in Vienna to break its recent strategic oil partn...

AG Bill Barr issues $15m REWARD for Venezuelan president Nicolás Maduro after he is charged in the U.S. with narco terrorism

(News Agencies) The US Department of Justice announced Thursday that it has indicted Venezuela's president Nicolás Maduro and several key aides on cha...

Chasing dollars: India's projects increasingly funded by offshore borrowings

Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surpri...

Vijay Mallya extradition: Overwhelming evidence of fraud, India tells UK court

The now defunct Kingfisher Airlines owned by controversial businessman Vijay Mallya "knowingly misrepresented" its profitability while seeking bank l...

E-commerce: The threat of counterfeits and piracy

E -commerce in India has seen phenomenal growth over the years - from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This come...

Assam NRC goes offline, company points to contract that wasn't renewed

(News Agencies)-Wipro, the company tasked with providing storage space on cloud for keeping National Register of Citizenship (NRC) data in Assam, ha...

Is there a way to counter fake news on WhatsApp?

A new research suggests that corrective messages may need to be frequent rather than sourced or sophisticated If you were on WhatsApp in the months...

The quest to sell Air India

Since its victory in May 2019, the Bharatiya Janata Party (BJP)?government has set about vigorously enacting long-articulated Hindu nationalist polic...

Tata Sons Moves Supreme Court Over Cyrus Mistry's Reappointment As Company Chairman

Tata Sons on Thursday moved the Supreme Court against the National Company Law Appellate Tribunal (NCLAT) order that directed rei...

Drones flying in rural Colorado and Nebraska have residents freaking out. No one knows who's behind them

(News Agencies)- Mysterious drones have been flying over Colorado and Nebraska in recent weeks and authorities can't figure out w...

Bernie Sanders' $34.5 million haul leads Democrats' 4th quarter totals so far

(News Agencies)- Sanders was the second candidate vying for the Democratic nomination to announce his fundraising numbers in the ...

Air India employee unions meet minister with concerns over fate

(News Agencies)- Employee unions affiliated to Air India have sought assurances that their interests will be protected by the gov...

The interplay of AI, modern lives and literature

(News Agencies) In September, I visited Berlin for the International Literature Festival, on a track titled Automatic Writing, whi...

Rupee weak as Saudi attack spurs demand for safe haven assets

(News Agencies) The Indian rupee was weaker against the US dollar tracking emerging market currencies as the attack on Saudi Arabi...

ISRO inks MoUs with DRDO sign for Gaganyaan project

(News Agencies) The Indian Space Research Organisation (ISRO) on Tuesday inked MoUs with the Defence Research and Development Org...

India must plan for an oil crisis

Incidents like the Abqaiq fire in the Gulf can have instant fallout Uncertainty is the primary additive to global crude these days...

In family businesses, identify issues and address discord

Institutions required to run a business are well-established and are statutorily required in most countries. Often, the securitie...

With their hypocrisy and irresponsibility, how intermediaries hurt India

Social media — the barrier-free, communication enabler — has its dark side. The Chennai case, currently in Supreme Court (SC), is ...

UK’s new visa offer to benefit thousands of Indian students

(News Agencies) The announcement means that Indian and other international students who join a UK educational institution from the...

Amazon Kills Spark, Its Answer to Pinterest and Instagram

Two years ago, Amazon (NASDAQ: AMZN) launched Spark, a social shopping app aimed at challenging Facebook's (NASDAQ: FB) Instagram...

India can boost export of 300 products to US, China amid trade war: Report

( News Agencies)- The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 3...

Jet Airways’ shares crash 52% as lenders decide to initiate bankruptcy proceedings

( News Agencies)- Jet Airways shares lost over half of its value on Tuesday following its lenders’ decision to initiate bankruptcy...

Hong Kong markets tumble amid China extradition protests

(Agencies)- Hong Kong stocks tumbled and the currency soared as interbank interest rates jumped amid protests that closed roads in...

Jet Airways shares slump after report that Hindujas, Etihad may not invest

(Agencies)- Shares of India's Jet Airways Ltd crashed to record lows on Tuesday, after a report that Hinduja Group and Etihad Air...

The problems of regulating digital markets

(Agencies)- In his recent call to break up Facebook, co-founder Chris Hughes argued that Mark Zuckerberg couldn't fix the company...

How China's Sputnik moment can be India's big break

The Donald Trump administration's decision to blacklist Huawei and cut off access to western software and chip technologies has be...

Worries of US-China trade war hits markets

(By our staff reporter) - Sign up for Next China, a weekly email on where the nation stands now and where it's going next. Expect...

Anil Ambani to withdraw defamation suits against Congress, National Herald

(By our staff reporter) - Billionaire Anil Ambani's Reliance Group Tuesday said it has decided to withdraw the Rs 5,000 crore civi...

PNB likely to take control of 2-3 small state-run banks: Report

India's Punjab National Bank is looking to merge with two or three government owned banks that could include Oriental Bank Of Comm...

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mu...

Democrats pound Treasury official over Deutsche Bank, Trump

(Insider Bureau)-Senate Democrats on Tuesday hammered a top Treasury Department official over a bombshell report that Deutsche Ban...

Delhi High Court directs Customs Dept to pay Rs 94 lakhs to foreigner for selling off her seized gold

(Agencies)- The Customs Department has been directed by the Delhi High Court to pay Rs 94 lakh to a foreigner for hurriedly sellin...

Air India suspends pilot charged with sexual harassment

(Agencies)- The national carrier Air India on Tuesday suspended a senior pilot charged with sexual harassment of a female co-pilot...

SC to hear Gautam Khaitan's plea tomorrow, to affect ongoing cases under black money act

(Agencies) - With the Delhi High court taking a prima facie view that the black money rules notified in April 2016 are incorrect,...

Can India grow now and clean up later? No, it can't

\What is the BJP's track record in the areas of environment, energy and climate change? The important themes of national security,...

India and Japan can provide an alternative to BRI

India, Japan and Sri Lanka have jointly agreed to develop the Colombo port, according to a report in Nikkei Asian Review on Monday...

India must refresh its foreign policy

The next government in India will face several foreign policy challenges as the international order copes with a shifting balance ...

The rise of India's new billionaires and the fall of the old

(News Agencies)- - India is going through one of the greatest periods of wealth creation -- and destruction -- all at the same tim...

The U.S.-China Trade War Could Be Long and Painfull

Just two weeks ago, the United States and China seemed to be gliding toward a trade deal meant to resolve tensions between the wor...

Small Business Development Center Launches at Queens College

(By our staff reporter) New York: A Small Business Development Center (SBDC) was recently launched at Queens College. Center was ...

Cooperating with China on oil imports has its limits

The decision of the United States (US) to not extend the waivers for importing Iranian oil has put three countries - India, China ...

Jet is case of throwing good money after bad

A wave of sentimental nostalgia greeted the news of Jet Airways' temporary grounding after banks (which now effectively own it) p...

GE's WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy

General Electric Co on Tuesday put the remnants of its WMC Mortgage unit into bankruptcy, 11 days after paying a $1.5 billion U.S....

Sears sues Kunal Kamlani & others

SAI Bureau) Chicago: Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others li...

US approves sale of 24 MH 60 Romeo Seahawk helicopters to India for $ 2.6 billion

(By a Staff Reporter) - The United States on Tuesday announced it had cleared the sale of 24 MH-60R Seahawk choppers to India . Th...

Facebook, Instagram suffer major global outage, down for hours

(Agencies)- Facebook and Instagram on Wednesday suffered a major global outage. Users were unable to access the two platforms on...

Zuckerberg wants Facebook to build a creepy mind-reading machine

(Agencies)- If you're concerned about Facebook's privacy scandals or worried that it's listening in on your phone calls, you'll l...

Google paid $45 million to its former India-born executive accused of sexual misconduct

(By a Staff Reporter) Tech titan Google agreed to pay its former India-born top executive Amit Singhal a whopping $45 million a...

This is how Twitter Ads transparency centre will work in India

(Insider Bureau)-As India gears up for the coming general election, Twitter has announced to bring its Ads Transparency Centre to ...

Amazon changes business structure in India after new e-commerce rules: Report

(Agencies)- One of the biggest sellers on Amazon.com Inc's India website has returned after the online retail giant changed its b...

Overseas Indian Establishes Sustainability Center at IIT Gandhinagar

(Agencies) Gandhinagar, India- Indian Institute of Technology Gandhinagar aims to become the principal resource center for sust...

From a prized jewel to a fallen star

(Insider Bureru)- The collapse of Reliance Communications (RCom) marks a complete fall in flamboyant Anil Ambani's fortune as the ...

2018 Fourth Warmest Year in Continued Warming Trend, According to NASA, NOAA

Earth's global surface temperatures in 2018 were the fourth warmest since 1880, according to independent analyses by NASA and the...

Optimistic about Indian market despite changes in e-commerce FDI policy: Walmart

(Agencies)- US retail major Walmart, which invested USD 16 billion in Flipkart, Wednesday said it is committed to the Indian marke...

Money laundering causes distortion in the economic statistics

The money laundering industry thrives on the art of trickery. Money launderers make it difficult to detect the origin of illegitim...

Ahead of LS polls, WhatsApp tells political parties not to spam users

(Insider Bureau)-Instant messaging service WhatsApp has said political parties are not using the platform in the manner that was i...

UK approves Vijay Mallya extradition to India

(Insider Bureau)- UK Home Secretary Sajid Javid has approved the extradition of Indian business tycoon Vijay Mallya, who faces fra...

US to sell India 2 missile defence systems to protect President, PM planes

The US has agreed to sell two advanced missile defence systems to India for two Boeing-777 Head-of-State aircraft for an estimated...

Eminent Indian-American business leader to enter politics

Weeks after receiving the prestigious Rosa Parks Trailblazer Award, eminent Indian-American Gurinder Sikh Khalsa has decided to en...

YouTube's bet against big cable announces nationwide expansion

(News Agencies)- Google’s TV streaming service for cord cutters, YouTube TV, is expanding nationwide. As more people ditch their ...

Bezos vs Ambani: The billionaire bout that had to happen

(News Agencies)-The battlefor the Indian consumerwas never going tobe an all-American affair. WalmartInc.'s splashy acquisition la...

Why Taxing the Bejesus Out of the Rich Might Be Useful, Even if It Doesn't Actually Raise Much Money

(Agencies)- What's the point of raising taxes on the rich? If you asked most Americans that question, my guess is you'd get a resp...

The crisis of imbalance in the world economy

(Insider Bureau)- The World Economic Forum (WEF), an annual event held in the Swiss ski resort of Davos, has become a symbol of gl...

US shutdown continues, as Democrats pass bills that Trump won’t sign

In a sign of how far apart Republicans and Democrats remained on the border wall funding, the White House has announced that Presi...

Former US marine charged with spying in Russia, had dozens of military contacts on social media

A U.S. corporate security executive and former Marine who has been jailed in Moscow on spying charges has spent more than a decad...

World’s most-prized fish: Endangered tuna sold for Rs 21 crore in Japan

A 612-pound (278-kilogram) bluefin tuna sold for a record 333.6 million yen (Rs 21 crore) in the first auction of 2019, after Toky...

Stunned by allegations; challenging time for my family and me: Binny Bansal

BENGALURU: In a strong rebuttal to allegations of personal misconduct by an unnamed complainant, Flipkart co-founder Binny Bansal ...

US proposes changes to H-1B visa programme, move to hit Indian IT companies

Indian companies and IT professionals have been major beneficiaries of the programme cornering more than 70% of the 65,000 visas t...

Singh brothers defrauded Fortis Healthcare of Rs 4 billion, must pay it back: Sebi

The Securities and Exchange Board of India (Sebi)?said on Wednesday it will continue to investigate the alleged fraud at Fortis He...

IMF-World Bank ends meetings with call to brace for risks

Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging coun...

India-Russia defence deal: S-400 air defence system can launch 72 missiles, engage 36 targets at one go

The S-400 Triumf air defence system deal, inked by India and Russia Friday notwithstanding the US pressure of sanctions, can engag...

Punjab refuses to toe line of BJP-ruled states on fuel price cut

Congress-ruled Punjab has refused to follow in the footsteps of the Bharatiya Janata Party-ruled states on cutting value-added tax...

Facebook is responsible for Instagram now. It better not mess it up

(News Agencies) Instagram has become an immensely popular platform for young people. It's also been a bright spot for Facebook ami...

A deep dive into India’s job market

(News Agencies) High income inequality driven by a driven by a growing divergence between growth in productivity and wages is the ...

Things to know about Aadhaar, India’s billion-strong biometric database

(By Our Staff Reporter) More than a billion Indians have uploaded their biometric details to a national database in exchange for a...

Social Media Giants to Flag Fake News During Poll Campaigning: EC

New Delhi: The Election Commission would be working closely with Facebook, Google and Twitter during the forthcoming Assembly ...

India heads of IT giants may face criminal charges over fake news

NEW DELHI: The India heads of global internet and social media giants should face criminal proceedings in case their platforms are...

Apple's Secretive Self-Driving Car Rear-Ended On US Expressway

An Apple Inc self-driving car was rear-ended while merging onto an expressway near the company's Silicon Valley headquarters this ...

China’s Challenge Is America’s Opportunity

American tensions with China over international trade spring partly from concerns that China gives tax breaks to its companies to ...

Israel shoots down Syrian warplane as Golan frontier heats up

Israel said it shot down a Syrian warplane that crossed into the Israeli-occupied Golan Heights on Tuesday, but Damascus said the...

80% reduction in Indian money in Swiss banks under Modi gove

NEW DELHI: Indian money in Swiss banks has come down by 80 per cent under the Modi government, contrary to media reports of it inc...

‘Kick in the teeth’: UK omits India from relaxed student visa rules; students upset

The UK government’s decision to exclude India from a new list of countries considered “low risk”, which facilitates an easier visa...

PNB fraud case: Nirav Modi’s five dummy firms in Hong Kong whose owners earned Rs 8,000 got Rs 8,000 crore LoUs

OWNERS AND directors of at least five Hong Kong firms that allegedly received about Rs 8,270 crore from Letters of Undertaking (Lo...

Bullet Train Project: VMC to discuss allotting land

Even as farmers in Gujarat and Maharashtra are protesting against land acquisition for the bullet train project, the Vadodara Muni...

To reduce fuel price, government looks at ONGC to share the burden

Wary of slipping on fiscal deficit targets, the Finance Ministry is reluctant to take a hit on excise duty levied on petrol and di...

PNB-Modi chargesheet: Named in Nirav Modi case, Allahabad Bank CEO, two PNB directors face axe

The Central Bureau of Investigation (CBI) probing the alleged Rs 13,400-crore fraud involving diamantaires Nirav Modi and his uncl...

Vijay Mallya loses $1.55 billion assets case in UK court

Embattled liquor tycoon Vijay Mallya, undergoing an extradition trial in a UK court over fraud and money laundering charges by Ind...

Vijay Mallya loses $1.55 billion assets case in UK court

Embattled liquor tycoon Vijay Mallya, undergoing an extradition trial in a UK court over fraud and money laundering charges by Ind...

Google I/O 2018 keynote LIVE UPDATES: Google Assistant to get six new voices, new features

Google I/O 2018 opens today on May 8 with a live keynote address by Google CEO Sundar Pichai. The annual developer conference is t...

One medicine, five chemists, five price tags, from Rs 1,550 to Rs 255 — all at one hospital

At the Postgraduate Institute of Medical Education and Research (PGIMER), a patient has the choice to get fleeced or save herself ...

Amazon to double down on groceries; foray deeper into fresh produce in India

Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, ...

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

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

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China's COVID coverup and its terrible costs demand accountability. US must step up