Business
Sensex, Nifty Start on Cautious Note Ahead of RBI Policy Review
The BSE gauge Sensex was trading a tad above the psychological 39,000-level in early deals, up 24.13 points or 0.06 per cent at 38,901.25.
Artificial Intelligence Helping Matrimony Sites Suggest Match For Life Partner
Artificial intelligence algorithm is helping users on matrimony sites to find a match not only based on their preferences but also by observing and understanding the user's behaviour and suggesting real-time appropriate profiles.
Rupee Rebounds 16 Paise to 69.14 vs USD on Robust Foreign Fund Inflows
At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 69.20 but surrendered the gains to slip to a low of 69.32.
Small Savings Schemes: Govt Keeps Interest Rates Unchanged for Apr-June Quarter
The girl child savings scheme Sukanya Samriddhi Yojana account will offer 8.5 per cent rate during the first quarter of the next fiscal.
Terror Financing: ED Slaps Rs 15 Lakh Penalty, Confiscates Rs 7 Lakh Hawala Money
The penalty and confiscation action has been taken under the Foreign Exchange Management Act (FEMA) and three people -- Mohd Ayub Mir, Bechh Raj Bengani and Harbans Singh -- have been charged under it, the agency said in a statement.
HDFC Bank Opposes SBI's Plea to Liquidate 6.6 Million USL Shares
Banks are seeking court permission to liquidate 65.85 lakh shares of United Spirits which were pledged by two Vijay Mallya companies — United Breweries Holdings and Kingfisher Finvest, the holding company of the defunct Kingfisher Airlines — as collateral...
Rupee Slips by 12 Paise to 68.98 Against US Dollar in Early trade
A higher opening in domestic equities and sustained foreign fun inflows helped in restricting the slide in the Indian unit to some extent
Uber Buys Rival Careem in $3.1 billion Deal to Dominate Ride-hailing in Middle East
The long-expected agreement ends more than nine months of start-and-stop negotiations between the two companies and hands Uber a much-needed victory after a series of overseas divestments.
Rupee Rises 15 Paise to 68.81 Against US Dollar in Early Trade
The weakening of the US dollar against some currencies overseas and a higher opening in domestic equity market, supported the local unit.
No Sacrifice Too Big to Safeguard Jet Airways, Naresh Goyal Says After Exit, Pens Emotional Letter to Staff
Naresh Goyal remaining on the board and being the controlling shareholder had long been a point of contention with Jet's lenders.
Jet Airways Staff Wants Representation in New Management, Writes to SBI Chief
The committee under the overall supervision of the airline's board was announced after founder Naresh Goyal was forced to step down from the board as also as the chairman of the 25-year-old airline earlier in the day.
RBI to Issue Guidelines on Regulatory Sandbox in Next Two Months: Governor Shaktikanta Das
A Regulatory Sandbox' would benefit FinTech companies by way of reduced time to launch innovative products at a lower cost.
India May Step Up Oil Imports From Brazil, Mexico in Wake of US Sanctions on Venezuela
Venezuela is the fourth largest oil supplier to India after Saudi Arabia, Iraq and Iran.
8.96 Lakh Jobs Created in Jan, 76.48 Lakh in Last 17 Months: EPFO Payroll Data
The EPFO said the data is provisional as updation of employee records is a continuous process and gets updated in subsequent months.
State Banks Want Jet Airways' Naresh Goyal to Reduce Stake to 10 Percent
Jet has more than $1 billion in debt, and owes money to banks, suppliers, pilots and lessors - some of whom have started terminating leases with the carrier.
RCom, Reliance Jio Terminate Pact for Sale of Telecom Assets
The reasons included non-receipt of consents / objections from RCom's lenders, as well as the non receipt of permissions and approvals from the telecom department.