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
New Delhi (IANS) With over 900 patents, India became the second largest contributor in the world to help IBM achieve a milestone of most patents ever awarded to a US company, the company announced on Tuesday. IBM inventors received a record … read more
Bengaluru (IANS) A Canara Bank automated teller machine (ATM) served Rs 500 notes when customers wanted to withdraw Rs 100 notes in Karnataka on Wednesday, sparking a public rush to withdraw Rs 1.7 lakh rupees,an official said on Saturday. “The ATM … read more
New Delhi (IANS) Former Flipkart honcho Sachin Bansals firm Chaitanya, a Bengaluru-based microfinance company, said on Friday that it had submitted an application to the Reserve Bank of India (RBI) for a universal bank licence. Founded in 2009, Chaitanya is successfully … read more
New Delhi (IANS) Central GST authorities have started summoning businesses with a set of 12 key documents pertaining to FY17-18, the GST roll-out year, for closer scrutiny suggesting an aggressive approach against suspected tax evasion. This has left the industry scared … read more
New Delh, (IANS) The Central Bureau of Investigation (CBI) has registered a case against 48 companies, three individuals and some unidentified officials of three public sector banks for transferring Rs 1,038 crore black money to Hong Kong in 2014-15, officials said … read more
New Delhi (IANS) The petrol and diesel prices continued to surge on Saturday as the price of petrol rose by 10-11 paise and that of diesel by 15-16 paise across all major cities. According to the Indian Oil website, the petrol … read more
New Delhi (IANS) Canara HSBC Oriental Bank of Commerce Life Insurance has unveiled Pension4life Plan, an annuity product designed to provide financial independence to retired individuals, those near retirement or earlier. Under this plan, the customer gets a wide range of … read more