Business

Pizza chain Domino's faces Rs 9.5 lakh fine after its cheese fails lab test in Shahjahanpur, UP

Pizza chain Domino's faces Rs 9.5 lakh fine after its cheese fails lab test in Shahjahanpur, UP

Domino's Pizza has been imposed a fine of Rs 9.50 lakh in Shahjahanpur and its supplier in Pune by the court of an additional district magistrate after a sample of....

RBI's neutral stance over monetary policy shows it is less hawkish: JP Morgan

RBI's neutral stance over monetary policy shows it is less hawkish: JP Morgan

With retail inflation in India going over the 5 % mark, the RBI continuing its neutral stance at its final monetary policy review of the fiscal earlier this week is....

Sensex

Sensex suffers another fall by over 500 points after Wall Street, Asian markets plunge

Just when it appeared the Indian equity market was getting back on its feet again after witnessing one of the biggest dips in recent years, key equity indices on Friday....

CCI imposes Rs 135.86 crore penalty on Google for abusing dominant position in online general web search

CCI imposes Rs 135.86 crore penalty on Google for abusing dominant position in online general web search

In not a very welcome development for the global search engine, Competition Commission of India imposed a penalty of Rs 135.86 crore upon Google after finding that it abused its....

These prices can turn the luck around for feature phone users in India!

These prices can turn the luck around for feature phone users in India!

Mobile phone users in India, who use the traditional cell phones can get their luck turned. The top-notch operators, Bharti Airtel, Vodafone India and idea Cellular has joined hand and....

Finance Minister Arun Jaitley defends Union Budget 2018; says India's GDP growth fastest in last 3 years

Finance Minister Arun Jaitley defends Union Budget 2018; says India's GDP growth fastest in last 3 years

Finance Minister Arun Jaitley on Thursday said that despite being severely affected due to a global economic slowdown in the year 2010, India has been able to achieve world's highest....

National Thermal Power Corp invites bids for agro residue procurement

National Thermal Power Corp invites bids for agro residue procurement

The National Thermal Power Corp (NTPC) has invited bids for procurement of 1,000 tonnes of agricultural biomass on daily basis for its power plant in Dadri in Uttar Pradesh to....

RBI keeps repo rate unchanged at 6% but warns of increasing risks to inflation

RBI keeps repo rate unchanged at 6% but warns of increasing risks to inflation

The Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy statement on Wednesday announced that the key lending rates will remain unchanged while simultaneously sharing concerns about the....

We have no information on Vijay Mallya's loans: Finance Ministry responds to RTI

We have no information on Vijay Mallya's loans: Finance Ministry responds to RTI

Responding back to an RTI seeking details on absconding industrialist Vijay Mallya's loans, the Ministry of Finance on Wednesday told the Central Information Commission (CIC) that it does not have....

Long-awaited market correction finally in full swing

Long-awaited market correction finally in full swing

"History has strange ways of repeating itself. The economic situation in the US and the stock market drop eerily resembles the "Black Monday" of 1987. During that fateful year, US....

Income Tax Office receives 15-25 lakh PAN applications a week

Income Tax Office receives 15-25 lakh PAN applications a week

The Indian Income Tax Department receives 15-25 lakh permanent account number (PAN) applications per week, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of....

aadhaar-card-linking

Twitter users roast under-fire Aadhaar card after UIDAI's new advisory

UIDAI on Tuesday warned the Indian masses about the potential ploys that they might fall into while trying to get the so-called Aadhaar smart card. The Aadhaar governing body issued....

Salaried employees best taxpayers, deserve Rs 40,000 standard deduction: CBDT Chief

Salaried employees best taxpayers, deserve Rs 40,000 standard deduction: CBDT Chief

Days after Union Budget 2018, CBDT chairman S Chandra while speaking on the issue of giving Rs 40,000 standard deduction on Income Tax of salaried employees said that salaried employees....

Link Aadhaar Card with mobile number in 6 simple steps

Link Aadhaar Card with mobile number in 6 simple steps

There is a huge ongoing debate on the validity of Aadhaar Cards in the country as the Supreme Court continues to hear the petitions against it. The Central government have....

Petrol prices soar, diesel at all-time high; Petroleum Minister blames state governments

Petrol prices soar, diesel at all-time high; Petroleum Minister blames state governments

After petrol and diesel prices sky-rocketed to never seen before levels on Monday, Petroleum Minister Dharmendra Pradhan blamed state governments for not cutting down on Value Added Tax (VAT) and....

 Sensex plunges over 1,000 points, Nifty dives 3.55% lower; investors lose Rs 5 lakh crores

Sensex plunges over 1,000 points, Nifty dives 3.55% lower; investors lose Rs 5 lakh crores

 A massive downturn in the US and East Asian stock markets unleashed a selling frenzy in the Indian equity markets during the morning trade session on Tuesday. The two main....

Gold demand in India grew to 727 tonnes in 2017: World Gold Council

Gold demand in India grew to 727 tonnes in 2017: World Gold Council

Gold in India gained more shine in the calendar year 2017 with demand growing by 9.1% to 726.9 tonnes, said the World Gold Council, a body of gold miners. According....

Banks will decide if to lower interest rates Jaitley

Banks will decide if to lower interest rates: Finance Minister Arun Jaitley

Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley....

Apple iPhones, watches receive a price hike; check out the new prices here

Apple iPhones, watches receive a price hike; check out the new prices here

Apple has hiked prices of all its iPhone models by an average of 3% following Centre's decision to increase basic customs duty on all mobile phones being imported into the....

Global Investors’ Summit: Assam investment summit close with Rs 100,000 cr investment proposals

Global Investors’ Summit: Assam investment summit close with Rs 100,000 cr investment proposals

The two-day Global Investors Summit here ended on Sunday with the signing of more than 200 MoUs entailing an investment of more than Rs 100,000 crore, officials said. Assam Chief....

Australian government rules out financing rail link for Adani coal project

Australian government rules out financing rail link for Adani coal project

The Australian government on Sunday ruled out financing for the railway project to link the Adani Group's proposed $12 billion Carmichael coal mine project in Australia to a port. In....

Travelling by air cheaper than taking an autorickshaw today: MoS Jayant Sinha

Travelling by air cheaper than taking an autorickshaw today: MoS Jayant Sinha

Minister of State for Civil Aviation Jayant Sinha raised eyebrows on Saturday while lauding the strides airline industry has made over the years in India. Sinha claimed that air travel....

Gionee's operations in India may be affected due to financial woes  

Gionee's operations in India may be affected due to financial woes  

It is always difficult for mid-sized smartphone makers to survive in the long run when fierce competition sets in amid fast-changing consumer needs and technologies -- especially in price-sensitive markets....

Global Investors Summit, day 1: 176 MoUs worth Rs 64,386 crore signed with 160 companies

Global Investors Summit, day 1: 176 MoUs worth Rs 64,386 crore signed with 160 companies

The first day of Global Investment Summit, being held here, witnessed the signing of a total of 176 MoUs with 160 companies, amounting to Rs 64,386 crore. While Mukesh Ambani....

Budget 2018: Department of Space tasked to deliver 3 earth observation, 2 communication satellites next fiscal

Budget 2018: Department of Space tasked to deliver 3 earth observation, 2 communication satellites next fiscal

The Department of Space has been allocated Rs 8,936.97 crore in the Budget for various space-related projects. It has also been tasked to achieve certain targets - deliver three earth....

Apple ships 77.3 million iPhones in 4Q globally, becomes top smartphone branda

Apple ships 77.3 million iPhones in 4Q globally, becomes top smartphone branda

Apple surpassed Samsung to become the top smartphone brand in the 4th quarter of 2017 as it shipped 77.3 million iPhones globally, a report said on Friday. Samsung which shipped....

India can't have 9-10% growth without focus on health, education & agriculture: CEO Niti Aayog

India can't have 9-10% growth without focus on health, education & agriculture: CEO Niti Aayog

The National Institution for Transforming India — Niti Aayog CEO Amitabh Kant, a day after Finance Minister Arun Jaitley presented the Union Budget 2018, said that the Aayog is of....

Budget to spur consumption, drive growth: Britannia chief Varun Berry

Budget to spur consumption, drive growth: Britannia chief Varun Berry

The Union Budget for 2018-19 provides a springboard to spur consumption and lead to faster growth across sectors, said FMCG major Britannia Industries MD Varun Berry on Friday. "As the....

Govt expects Air India to be divested by year-end: Jayant Sinha

Govt expects Air India to be divested by year-end: Jayant Sinha

The central government plans to divest its stake in the national passenger carrier Air India by this year-end Minister of State for Civil Aviation Jayant Sinha said on Friday The....

Budget 2018: Manmohan Singh suspects faulty arithmetic, says not possible to double farmers' income by 2022

Budget 2018: Manmohan Singh suspects faulty arithmetic, says not possible to double farmers' income by 2022

With some certain doubts regarding the fiscal arithmetic, the former Prime Minister Manmohan Singh on Thursday said that it is not possible for the government to double the farmers' income....