Monday, Mar-27-2017, 4.11AM

Parliamentary Panel to Summon Urjit Patel Again on April 20

Mar-24-2017 | 0 Comments

Parliamentary Panel to Summon Urjit Patel Again on April 20 New Delhi: A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation.


The meeting of the Standing Committees on Finance, headed by former c... Read Full Story »

Tata Capital Launches Mobile App to Offer Personal Loans

Mar-24-2017 | 0 Comments

Tata Capital Launches Mobile App to Offer Personal Loans Mumbai: Financial services company Tata Capital on Thursday launched a mobile app to extend its personal loans offering to young and mobile savvy audience.


The app - 'myLoan' is a social profile based personal loan mobile application.


It will make a real-time ... Read Full Story »

Sensex Snaps 3-day Losing Streak; up 164 Points on Global Cues

Mar-24-2017 | 0 Comments

Sensex Snaps 3-day Losing Streak; up 164 Points on Global Cues Mumbai: The benchmark Sensex on Thursday rose 164 points, snapping a three-day losing run, with energy, auto, metal and capital goods stocks leading the recovery on strong global cues.


Brokers said sentiment was upbeat in sync with a rebound in global markets ahead of the important vote f... Read Full Story »

India Notifies Amended Tax Treaty with Singapore

Mar-24-2017 | 0 Comments

India Notifies Amended Tax Treaty with Singapore New Delhi: The government on Thursday notified the amended India-Singapore tax treaty under which capital gains tax will be levied at source of investments with effect from April 1.


India had amended the tax treaty with Singapore on December 30, 2016, under which for two years beginning Ap... Read Full Story »

4G Contributed 60% of Incremental Data Traffic in 2016: Nokia Survey

Mar-24-2017 | 0 Comments

4G Contributed 60% of Incremental Data Traffic in 2016: Nokia Survey New Delhi: High-speed mobile broadband technology 4G drove data traffic across India in 2016, making up 60 percent of incremental data volumes, according to a Nokia study.


Nokia's annual Mobile Broadband Index study of mobile broadband performance in India revealed that "4G was t... Read Full Story »

Finance Ministry, RBI to Announce Policy on NPAs Soon: Arun Jaitley

Mar-24-2017 | 0 Comments

Finance Ministry, RBI to Announce Policy on NPAs Soon: Arun Jaitley New Delhi: Union Finance Minister Arun Jaitley has said that his ministry and the Reserve Bank of India (RBI) have taken a major policy decision on dealing with the non-performing assets of Indian banks. An announcement is expected in a few days.


"The government and the RBI have taken... Read Full Story »

Airtel to Acquire Tikona Networks' 4G Business for About Rs 1,600 crore

Mar-24-2017 | 0 Comments

Airtel to Acquire Tikona Networks' 4G Business for About Rs 1,600 crore New Delhi: Telecom major Bharti Airtel on Thursday said it will acquire 4G business of Tikona Networks, including broadband spectrum and 350 sites across 5 circles, for about Rs 1,600 crore.


"Bharti Airtel shall acquire the 4G busienss of Tikona" for "approximately Rs 1,600... Read Full Story »

Net Forex Reserves Increase by USD 14.2 Billion in April-December Period

Mar-24-2017 | 0 Comments

Net Forex Reserves Increase by USD 14.2 Billion in April-December Period Mumbai: The country added USD 14.2 billion in foreign exchange reserves on the balance of payment basis during the first nine months of the outgoing financial year, which is marginally down from USD 14.6 billion accretion in the year-ago period, the Reserve Bank said today.


In nominal term... Read Full Story »

Rupee Recovers 5 Paise Against US Dollar

Mar-24-2017 | 0 Comments

Rupee Recovers 5 Paise Against US Dollar Mumbai: The rupee recovered 5 paise to trade at 65.47 against the US dollar in morning session on Friday.


Fresh selling of the American currency by exporters and banks amid higher opening in the domestic equity market bolstered the domestic currency, dealers said.


Howev... Read Full Story »

Laptop Ban Creates Turbulence For Airline Profits

Mar-24-2017 | 0 Comments

Laptop Ban Creates Turbulence For Airline Profits Paris A carry-on ban by Washington and London for laptops on flights from some airports will hit the profits of affected airlines, especially the lucrative business class segments of Gulf carriers, analysts said on Friday.


Washington decided to ban electronic devices bigger than mobile pho... Read Full Story »

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