India Finance News

BEIJING: India and China should boost military exchanges and improve mutual trust and properly manage and control any “disparities”, Chinese State Councillor and Defence Minister Gen Wei Fenghe has said. Defence Secretary Sanjay Mitra, who headed the Indian delegation at the ninth India-China Annual Defence and Security Dialogue here on November 13, called on Wei …

India, China should boost military exchanges: Chinese defence ministerRead More »

NEW DELHI: More cases of stubble burning in the neighbouring states were recorded this time as compared to last year despite a strict enforcement, Supreme Court-appointed EPCA chairperson Bhure Lal said Friday as he stressed on the need to bring a change in the mentality of people so that they look at the alternatives to …

More stubble burning this year compared to last year: EPCA chairpersonRead More »

Honor claims it sold over 6 million Honor 8X units globally, over 1 million in India (File) Chinese smartphone maker Huawei’s online focused sub-brand Honor on Friday announced that it sold over 6 million units of the recently launched Honor 8X globally, becoming the top Singles’ Day performer in terms of sales volume and revenue …

Honor claims it sold over 6 million Honor 8X units globally, over 1 million in IndiaRead More »

The peak power demand in the national capital can escalate up to 4800 MW, BSES said. With an aim to get more accurate demand forecast, Delhi’s power discom BSES has employed ‘predictive learning’ technique, making use of a vast data spanned over 10 long years, The Indian Express reported. A few months back, the power …

Power discom BSES employs ‘predictive learning’ for better demand forecast in Delhi; what it is, how it worksRead More »

Stubble burning in neighbouring Punjab and Haryana is one of the major causes for poor air quality in Delhi. (Express photos by Gurmeet Singh) More cases of stubble burning in the neighbouring states were recorded this time as compared to last year despite a strict enforcement, Supreme Court-appointed EPCA chairperson Bhure Lal said Friday as …

More stubble burning this year compared to last year, says EPCA chairperson Bhure LalRead More »

GVK Power and Infrastructure on Friday said that it has got shareholders’ approval to raise up to Rs 80 billion.The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in …

GVK Power and Infrastructure gets shareholders’ nod to raise Rs 80 billionRead More »

British Prime Minister Theresa May battled to salvage a draft Brexit deal and her political future, as ministers resigned and members of her own party plotted to oust her.The Conservative leader said she believed with “every fibre of my being” in the Brexit course she had set, hours after facing a hostile parliament and seeing …

Theresa May battling to salvage Brexit draft deal and her political futureRead More »

Domestic stock markets closed Friday’s session on a positive note, posting a third straight weekly gain. Bombay Stock Exchange (BSE) benchmark index Sensex ended at 35,457.16, up 196.62 points or 0.56 per cent. The Nifty50 index of the National Stock Exchange (NSE) rose 65.50 points or 0.62 per cent to settle at 10,682.20. The indices were boosted …

Sensex Ends 196 Points Higher, Nifty Settles Above 10,680Read More »

Gold prices in Delhi fell by Rs 235 per 10 gram while silver rates held steady at Rs 37,900 per kg on Friday, reported news agency Press Trust of India (PTI). Fall in domestic demand dragged gold prices but strong international cues capped the losses, traders were quoted as saying in the PTI report. In …

Gold Prices Decline By Rs 235, Silver Rates Hold Steady: 5 PointsRead More »

Helsinki:  Rovio Entertainment, the maker of the “Angry Birds” mobile game, on Friday said the company needed to come up with new games to drive growth and warned that sales would fall this year after reporting higher third-quarter profits. The Finnish company, which listed its shares on the stock market in Helsinki last year, reported …

Angry Birds Maker Says It Needs New Games To Accelerate GrowthRead More »

Speakers at the AVAR 2018 international cyber security conference will discuss advanced persistent targeted attacks on governments and industries to security for smart cars in the Internet of Things (IoT), said a city-based cyber security major. India’s K7 Computing will host and organise the three-day conference in association with CERT-In (India’s Computer Emergency Response Team), …

CERT-In, other Internet security companies to deliberate on attacks on govts, industries at AVAR 2018Read More »

Former planning commission member Kirit Parikh has suggested measures that can reduce petrol and diesel prices by Rs 5-6 without hurting the government revenues Former planning commission member Kirit Parikh has suggested measures that can reduce petrol and diesel prices by Rs 5-6 without hurting the government revenues if a balanced approach is adopted. Parikh suggests that fuel prices can be cut without any adverse …

Petrol, diesel prices can be cut by Rs 5-6 per litre without hurting revenues; here’s howRead More »

The facility will be available at five metro stations, to begin with. Soon, taking a cab to your home or office from a Delhi Metro station is going to be easier! In a bid to facilitate last-mile connectivity for commuters, the Delhi Metro Rail Corporation (DMRC) will tie-up with app-based cab aggregators like Uber and …

Delhi Metro makes last mile connectivity easier! Stations to have Uber, Ola kiosks for commuters convenienceRead More »

India’s GSAT-29 communication satellite launch (ISRO) India’s latest communication satellite, GSAT-29, was pushed further upwards towards its intended spot on Friday morning, the Indian Space Research Organisation (ISRO) said. The satellite’s orbit was successfully raised further by firing the liquid apogee motor engine at 10.27 a.m. for an hour and forty minutes. Thereafter, the GSAT-29’s …

India’s GSAT-29 communication satellite pushed higher into orbitRead More »

Netflix likely to embrace ads like YouTube soon (Reuters) US’ leading media streaming service provider Netflix Inc. is likely to embrace advertisements as it aims to compete head-to-head with streaming giant YouTube, an expert said. Netflix would take a cue from Hulu soon, offering a cheaper ad-supported version along with its existing ad-free services, The …

Netflix could offer cheaper monthly subscriptions with ads soon: ReportRead More »

At the pre-departure press conference on Thursday, Kohli emphasised on the need for the batsman to step up. (BCCI) Eyeing a maiden Test series win Down Under, the Indian cricket team left for Australia Friday for a gruelling tour, which will see them play four matches in whites, three ODIs and as many T20 Internationals. …

Team India departs for AustraliaRead More »

Shares of Rallis India, Deepak Fertilisers & Chemicals, Dixon Technologies (India), Hexaware Technologies, Take Solutions and BASF were among 22 stocks from the S&P BSE Allcap index hitting their respective 52-week lows on Friday in intra-day trade.V2 Retail, Asahi India Glass, CARE Ratings, Hinduja Ventures, Hotel Leela Ventures, Shankara Building Products and Network18 Media & …

Deepak Fertilisers, Hexaware, Dixon Technologies hit 52-week lowsRead More »

Tesla has acquired trucking companies to ensure early delivery of Model 3 and help buyers get tax credits by the end of the year, the electric car company’s CEO Elon Musk said in a tweet on Friday.Tesla had, originally, suggested that buyers who wanted to take advantage of the full $7,500 EV federal tax incentive …

Tesla acquires trucking companies to ensure early delivery of Model 3: MuskRead More »

NEW DELHI: The Centre has set up a tribunal, headed by Delhi High Court Judge Justice Suresh Kait, for adjudicating whether or not two Tripura-based militant outfits should be declared banned organisations under the law. The decision has been taken by the Home Ministry exercising the powers conferred under the Unlawful Activities (Prevention) Act, an …

Government sets up tribunal to decide on ban on two Tripura militant groupsRead More »

Rajyavardhan Rathore (PTI) On the occasion of National Press Day, Information and Broadcasting Minister Rajyavardhan Rathore on Friday said that a responsible and objective media was one of the most important institutions for nation-building. “Today on National Press Day, I convey my best wishes to all journalists. A responsible, objective media is one of the …

Responsible media vital for nation building, says Rajyavardhan RathoreRead More »

For passenger comfort, Indian Railways will work more on electrification and track related service In a bid to strengthen passenger safety and punctuality, Indian Railways is planning to double its efforts for electrification and track related work for next financial year. Ashwani Lohani, Chairman of the Railway Board was quoted in an HT report saying …

Focus on safety! Indian Railways looks to double track related work from next financial yearRead More »

“China creates 50,000 jobs per day, whereas, despite ‘Start Up India’ and ‘Make in India’ schemes, the Indian government creates only 450 jobs in a day,” the Congress leader said. (ANI) Congress President Rahul Gandhi on Friday attacked Prime Minister Narendra Modi over demonetization, calling it the “biggest scam” in the country, and attacked the …

Madhya Pradesh elections 2018: Rahul Gandhi targets Narendra Modi, CM Shivraj Singh ChouhanRead More »

In case of Indian Railways routes, only Reliance Jio met the benchmark of less than or equal to 2% call drop rate. Unable to get good mobile phone connectivity while travelling on Indian Railways network or highways? Tired of persistent call drops and call failures while on the go? A recent report released by the …

Call drop menace on Indian Railways network: New TRAI report shows all telcos except Reliance Jio fail test!Read More »

Jet Airways has already played a part in the decline of Etihad Airways PJSC. Could Tata Sons Ltd. be the next business empire to enter its dangerous web? Prime Minister Narendra Modi has sought Tata’s help to rescue the struggling airline, people familiar with the matter told Anurag Kotoky and Bhuma Shrivastava of Bloomberg News …

Opinion: Jet Airways Could Be Dangerous Buy For Tata SonsRead More »

Exploiting to the hilt Congress leader Shashi Tharoor’s recent remarks that a “chaiwala” became PM because of Jawaharlal Nehru’s commitment to democracy, Prime Minister Narendra Modi on Friday attacked the Congress saying it was not ready to credit people for this but only a dynasty.He challenged the Congress to appoint someone from outside the Nehru-Gandhi …

Modi says Congress doesn’t want to credit people for choosing ‘chaiwala’Read More »

In afternoon trade, RIL’s market capitalisation was Rs 7,14,573.46 crore on the BSE. Shares of Reliance Industries (RIL) Friday rose over 2 per cent helping the oil-to-telecom major pip Tata Consultancy Services (TCS) to become the most-valued company in terms of market capitalisation. In afternoon trade on BSE, RIL’s market capitalisation was Rs 7,14,573.46 crore, …

Mukesh Ambani’s RIL beats TCS to become most-valued company once again!Read More »

The VO space offers employees the liberty to decide the schedule to complete their to-do list, avoiding time-wasting habits and encouraging viability. For many of you being a solopreneur or a startup founder, the first thing that strikes your mind when you understand your need to invest in virtual office services may be the budget …

Real Estate Investment: Why Virtual Office may suit your business? Find outRead More »

Commerce and Industry Minister Suresh Prabhu Friday said that two independent agencies would be appointed for preparing a template to negotiate free trade agreements (FTAs) in future. He said that the country would now have a completely new approach towards negotiating these agreements. “We are appointing two independent agencies, who will talk to all the …

Two agencies to be appointed for template on FTA negotiations in future: Suresh PrabhuRead More »

BEIJING: The Wuhan summit between Prime Minister Narendra Modi and Chinese President Xi Jinping has removed several “misconceptions” between the two countries which would enable them to work together on many issues like globalisation, India’s envoy here has said. In Wuhan, Modi and Xi spoke to each other for almost 10 hours, which is characterised …

Modi-Xi summit in Wuhan removed several misconceptions between India and China: Indian envoyRead More »

Addressing an election rally in Chhattisgarh’s Ambikapur, Modi said that Congress has been having sleepless nights since he became the PM. (File photo: PTI/Reuters) In a direct attack on Congress leader Shashi Tharoor’s ‘Chaiwala’ remark two days ago, Prime Minister Narendra Modi on Friday said that the Congress party has been unable to digest that …

Modi responds to Tharoor’s ‘Chaiwala’ remark: If Nehru created democratic system, let non-Gandhi become Congress president for 5 yearsRead More »

The CBI functions under the Delhi Special Police Establishment Act. (File) The Chandrababu Naidu government in Andhra Pradesh has withdrawn the ‘general consent’ accorded to the Central Bureau of Investigation (CBI) to exercise its authority in the state. A ‘confidential’ government order to this effect, issued by Principal Secretary (Home) A R Anuradha on November …

Andhra Pradesh government withdraws general consent to CBI to exercise authority in stateRead More »

Financial inclusion has been a top priority of the government to make growth inclusive. (Reuters) Finance Minister Arun Jaitley Thursday said that a high rate of economic growth is necessary to alleviate poverty and such economic expansion must be inclusive so that benefits of the economic development reach the poor. While speaking the 25th World …

Here’s what Arun Jaitley wants to do to lift people out of povertyRead More »