Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar, showing a […]
New Delhi: With hundreds of restaurants under the umbrella of the National Restaurant Association of India (NRAI) coming out in the open to challenge the deep discounting practices of online food aggregators like Zomato Gold and Dineout, the war over who controls the palate of Indians has intensified. Nearly 300 restaurants in Gurgaon on Thursday […]
New Delhi: As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period. A recent report by natural resources investing company — Goehring & Rozencwajg — said that as central banks seem interested to continue their buying spree […]
New Delhi: In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddhartha’s death, as it brought to light the dark side of the Indian entrepreneurial environment. Although the NDA government has put much emphasis on easing regulations for doing business, harassment […]
New Delhi: Telecom major Bharti Airtel on Monday said it has appointed Rajesh Tapadia as Chief Executive Officer (CEO) of its data centre and Cloud business subsidiary, Nxtra Data. Tapadia brings with him an experience of over 24 years with organisations like Netmagic Solutions, Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm. In his most […]
New Delhi: Gold prices on Monday declined by Rs 100 to Rs 38,570 per 10 gram in the national capital, tracking weak trend overseas and lacklustre demand from jewellers, according to the All India Sarafa Association. Gold had reached its all-time high mark of Rs 38,670 on Saturday. Silver also fell by Rs 50 to […]
New Delhi: Reliance Jio continued to be on a spree on net addition of mobile subscribers adding over 82 lakh new users while Airtel lost 29,883 and Vodafone Idea had to let go of a massive 41 lakh customers as on June 30, 2019, according to data released by the Telecom Regulatory Authority of India […]
New Delhi: The Delhi airport on Monday said that SpiceJet and IndiGo airlines would shift their flight operations to T3 terminal from September 5 due to expansion works at T2. “SpiceJet to shift its operation from T2 to T3 entirely; while IndiGo to partially move its operation from T2 to T3…This will result in the […]
New Delhi: Finance Minister Nirmala Sitharaman on Monday said corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent and the government will support wealth creators. In her maiden Budget in July, she had cut corporate tax for companies with annual turnover of up to Rs […]
New Delhi: In what could be a big relief for ATM card users, the Reserve Bank of India (RBI) has issued notice to all Scheduled Commercial Banks including Regional Rural Banks, Urban Co-operative Banks, State Co-operative Banks, District Central Co-operative Banks, Small Finance Banks, Payment Banks, White Label ATM Operators clarifying on the usage of […]
New Delhi: Broadcasters have raised concerns over the Telecom Regulatory Authority of India (TRAI) decision to review the issue of pricing, barely eight months after implementing the new tariff order. They fear that the intrusive approach by the regulator will only discourage and disincentive fresh investments into the sector, which can have dire consequences. Smaller […]
Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points in early trade on Tuesday led by gains in IT stocks amid positive cues from global markets. The 30-share was trading 100.23 points or 0.27 per cent higher at 37,502.72 at 0930 hours; and the broader Nifty too rose 16.15 points or 0.15 per cent […]
New Delhi: In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loans during the upcoming festival season and is also offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest. The move is likely […]
Mumbai: Riding on the growing digital consumption via smartphones along with ultra-cheap data plans, the media and entertainment industry in India is likely to reach Rs 3.07 trillion by the financial year 2024, a new report said on Tuesday. According to KPMG in India’s ‘India’s Digital Future: Mass of niches’ report, the media and entertainment […]
New Delhi: Gold prices on Tuesday touched a record high of Rs 38,770 per 10 gram in the national capital after gaining Rs 200 on persistent buying from jewellers even as the precious metal lost steam overseas, according to the All India Sarafa Association. Silver, however, plunged Rs 1,100 to Rs 43,900 per kg on […]
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