Mumbai (IANS) Bellwether stock index Nifty50 will exclude lender Yes Bank from the stocks that comprise its weightage, NSE Indices said on Tuesday. The Index Maintenance Sub-Committee (IMSC) of the NSE decided to make the change as part of a periodic … read more
New Delhi (IANS) Budget carrier SpiceJet expects to finalise a compensation deal with Boeing for grounding of its 737 Max aircraft by the end of the current quarter. The proposed deal might also include the erection of a simulator-based pilot’s training … read more
New Delhi (IANS) Bharti Airtel on Friday informed the Department of Telecom (DoT) that it is currently in the process of completing a self-assessment exercise as per the earlier DoT direction on AGR quantum to be paid to the government and … read more
Mumbai (IANS) RBI Governor Shaktikanta Das on Thursday ruled out any step by RBI to bail out the government from fiscal deficit expansion by printing more currency or monetize the deficit. “There is no plan to monetise the government’s fiscal deficit,” … read more
New Delhi (IANS) The education sector doesn’t have much to talk about, so far as allocations in the latest Budget document are concerned. Compared to the last Budget when funds to the tune of Rs 95,000 crore were allocated for the … read more
New Delhi (IANS) Centre on Saturday announced that Mahindra group Chairman Anand Mahindra and TVS Group chief Venu Srinivisan would be awarded Padma Bhushan for their contribution to the field of trade and industry. Mahindra has played a major role in … read more
New Delhi (IANS) The Central Bureau of Investigation on Tuesday carried out searches at various locations in Mumbai and Uttar Pradesh after filing a case against Frost International Ltd, a Mumbai-based company involved in merchant trading and import and export of … read more
New Delhi (IANS) The Ministry of Defence landed in a controversy after Congress alleged that Adani Defence and state-owned Hindustan Shipyard Ltd (HSL) joint venture is being favoured through tweaking procurement guidelines to participate in a Rs 45,000 crore submarine project … read more
New Delhi (IANS) India plans to more than double its oil imports from the United States next year and would negotiate concessional terms for oil supplies during the expected visit of US President Donald Trump next month. President Trump would be … read more
New Delhi (IANS) Claiming that e-commerce giants like Amazon import as much as 80 per cent of the items sold on their platforms, small manufacturers’ body has said that their business models do not benefit local industry and are creating jobs … read more