Ukraine supports new possible US sanctions against Russia

Ukraine supports new possible US sanctions against Russia

🕔09:49, 27.Jul 2017

Kiev, July 27  Ukrainian President Petro Poroshenko has said that Kiev supports the US House of Representatives’ decision to back a draft bill on new sanctions against Russia. In a statement on Facebook, Poroshenko on Wednesday described the move as

Read Full Article
Rs 2,000 cr credit guarantee scheme for startups under process

Rs 2,000 cr credit guarantee scheme for startups under process

🕔09:45, 27.Jul 2017

New Delhi, July 27  The government is in the process of formulating a Rs 2,000 crore credit guarantee scheme to enable startups to raise loans without any collateral, parliament was told on Wednesday. “Government is formulating a Credit Guarantee Scheme

Read Full Article
Cabinet gives nod to changes in Sovereign Gold Bond scheme

Cabinet gives nod to changes in Sovereign Gold Bond scheme

🕔09:44, 27.Jul 2017

By Pradeep Kashyap New Delhi, July 27  The Union cabinet on Wednesday approved changes to the Sovereign Gold Bond (SGB) Scheme with a view to increasing its attractiveness for investors, an official here said. “Specific changes have been made in

Read Full Article
Cabinet nod to labour code on wages

Cabinet nod to labour code on wages

🕔09:43, 27.Jul 2017

New Delhi, July 27  The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a new wage code bill that which will amalgamate and simplify provisions of four labour related laws, sources said. The Labour Code on Wages

Read Full Article
Subhash Garg appointed on ADB Board of Governors

Subhash Garg appointed on ADB Board of Governors

🕔09:42, 27.Jul 2017

New Delhi, July 27  Economic Affairs Secretary Subhash Chandra Garg has been appointed as Indias Alternate Governor on the Board of Governors of the Asian Development Bank (ADB), the Finance Ministry announced on Wednesday. Garg has been appointed in place

Read Full Article
Cabinet approves cost revision of caste census

Cabinet approves cost revision of caste census

🕔09:41, 27.Jul 2017

By Prakash Bhargava New Delhi, July 27  The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved revision of the cost of Socio Economic and Caste Census 2011 (SECC-2011) to Rs 4,893.60 crore from

Read Full Article
Benami properties worth over Rs 800 cr attached: Centre

Benami properties worth over Rs 800 cr attached: Centre

🕔09:40, 27.Jul 2017

New Delhi, July 27  Properties worth over Rs 800 crore are under attachement in more than 400 proxy transaction cases identified since the amended law came into effect, the government told the Rajya Sabha on Wednesday. “More than 400 benami

Read Full Article
Samsung’s Q2 net profit hits record high

Samsung’s Q2 net profit hits record high

🕔09:40, 27.Jul 2017

Seoul, July 27 South Korean tech giant Samsung Electronics on Thursday reported a second quarter net profit of 11 trillion won ($9 billion), up 89 per cent year-on-year, the company said in a statement here. Samsung’s operating profit reached a

Read Full Article
With 2bn users, Facebook profits up 71% in Q2

With 2bn users, Facebook profits up 71% in Q2

🕔09:39, 27.Jul 2017

San Francisco, July 27  Clocking over two billion monthly active users (MAUs), Facebook has posted a net income of $3.89 billion in second quarter of 2017 — up 71 per cent from the same quarter last year. Riding on increased

Read Full Article
HCL Infosystems revenue drops 17% quarterly in Q1

HCL Infosystems revenue drops 17% quarterly in Q1

🕔09:38, 27.Jul 2017

New Delhi, July 27  HCL Infosystems Ltd on Wednesday reported Rs 685 crore revenue for the first quarter (Q1) of the 2017-18 fiscal, registering 17 per cent sequential decline from Rs 823 crore a quarter ago. “Though our enterprise business

Read Full Article
Nitish to take oath at 10 a.m. on Thursday, RJD also stakes claim to form government

Nitish to take oath at 10 a.m. on Thursday, RJD also stakes claim to form government

🕔09:30, 27.Jul 2017

Patna, July 27  Less than a day after resigning as Bihar Chief Minister, Nitish Kumar would take oath at 10 a.m. on Thursday as the head of the government that would include BJP and its allies. Kumar met Governor Keshari

Read Full Article
Mamata demands immediate revamp of DVC

Mamata demands immediate revamp of DVC

🕔09:15, 27.Jul 2017

Kolkata July 27  West Bengal Chief Minister Mamata Banerjee on Wednesday demanded the central government immediately “revamp” the Damodar Valley Corporation, holding it responsible for the flood-like situation in her rain-hit state. The DVC however held that it has “no role”

Read Full Article
PNB Enters into Tie-Ups With Insurance Companies

PNB Enters into Tie-Ups With Insurance Companies

🕔09:13, 27.Jul 2017

Punjab National Bank, the 2nd largest lender in the Public Sector space today signed an Agreement with Bajaj Allianz General Insurance Company Ltd., New India Assurance Company Ltd., and one Standalone Health Insurance Religare Health Insurance Company Ltd. The tie-up

Read Full Article
Nitish quits as Bihar CM, doesn’t rule out tie-up with BJP

Nitish quits as Bihar CM, doesn’t rule out tie-up with BJP

🕔20:27, 26.Jul 2017

Patna, July 26 (IANS) In a surprise move, Bihar Chief Minister Nitish Kumar quit on Wednesday claiming he can’t work in the “current circumstances” following corruption allegations against Deputy Chief Minister Tejashwi Yadav but didn’t rule out a tie-up with the

Read Full Article
Asia is poised for climate leadership

Asia is poised for climate leadership

🕔12:35, 26.Jul 2017

New Delhi, July 26  After the US withdrawal from the Paris deal, Asia is poised for climate leadership even in the absence of a common pattern of responses on climate politics from different Asian countries, a leading environment expert has

Read Full Article
Jaitley, defence chiefs pay tributes to martyrs on Kargil Vijay Diwas

Jaitley, defence chiefs pay tributes to martyrs on Kargil Vijay Diwas

🕔11:58, 26.Jul 2017

New Delhi, July 26  Defence Minister Arun Jaitley and chiefs of Army, Navy and Air Force on Wednesday paid tributes to martyrs to mark the Kargil Vijay Diwas. Jaitley, along with Army Chief General Bipin Rawat, Navy Chief Admiral Sunil

Read Full Article
Arun Jaitley releases case study on GST

Arun Jaitley releases case study on GST

🕔09:45, 26.Jul 2017

New Delhi, July 26  Finance Minister Arun Jaitley on Tuesday released a case study on the birth of the Goods and Services Tax (GST) in India titled “The GST Saga: A Story of Extraordinary National Ambition”, an official statement said. “In

Read Full Article
GST: CNG hiked by Rs 1.11 a kg, PNG by 33 paise a unit

GST: CNG hiked by Rs 1.11 a kg, PNG by 33 paise a unit

🕔09:44, 26.Jul 2017

New Delhi, July 26  Following the roll-out of the GST, state-run Indraprastha Gas Ltd (IGL) hiked the price of CNG in Delhi by Rs 1.11 per kg, and of piped natural gas (PNG) to households by 33 paise per unit,

Read Full Article
Bharti Airtel’s Q1 net profit drops 75 per cent

Bharti Airtel’s Q1 net profit drops 75 per cent

🕔09:43, 26.Jul 2017

New Delhi, July 26  Bharti Airtel’s consolidated net profit for the 2017-18 first quarter (April-June) dropped by 75 per cent, a company statement said here on Tuesday. The company posted consolidated net profit of Rs 367 crore for the first

Read Full Article
GAIL CMD launches Start-up initiative ‘Pankh’

GAIL CMD launches Start-up initiative ‘Pankh’

🕔08:56, 26.Jul 2017

New Delhi, July 26, 2017: With the objective of nurturing the spirit of entrepreneurship among Indians as envisioned by Prime Minister Shri Narendra Modi, GAIL (India) Limited Chairman and Managing Director Shri B C Tripathi today launched a Start-up initiative

Read Full Article