Business news

The religious brain reacts to God like a drug

The neural circuitry involved in feeling religious experiences has been identified. Brain regions associated with reward lit up when devout Mormons said that they were feeling the Spirit. The brain areas that responded included reward circuits that respond to romantic love, appreciation of music, cocaine and methamphetamines.

Nov 29, 2016

ICICI Bank pledges to transform 100 villages into digital villages in 100 days

The bank will also provide free vocational training to 10,000 underprivileged villagers and provide credit facility for self-employment.

Nov 29, 2016

Aircel tries to match Jio with its latest offer

Back-dated receipts used for Apple iPhone sales after demonetisation: Report

Though handsets are registering a dip in sales when compared to the same period last year, iphone sales in November are said to have grown by 20-30 percent.

Nov 29, 2016

Jet Airways will offer WiFi facility on-board from March 2017: Report

This comes three months after the aviation ministry decided that domestic airlines should be allowed to use WiFi facility on flights.

Nov 29, 2016

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HPCL, Bharat Electronics, Engineers India hit new 52-week high; Sensex up 200 points

The Indian stock markets opened with gains on Tuesday; select stocks touched new year-highs, notwithstanding demonetisation blues.

Nov 29, 2016

Standard Chartered will cut 10% workforce in global corporate and banking division

The move of cutting jobs globally is seen as an aggressive drive for cost cutting.

Nov 29, 2016

US giving illegal tax subsidy to Boeing, rules WTO

The WTO ruled that the tax cut granted by Washington state to Boeing in 2013 for the forthcoming 777X jet is a prohibited subsidy.

Nov 29, 2016

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Gold prices continue on downward spiral

The trend is unusual for the jewellery industry this time of the year due to the high demand during peak wedding season.

Nov 28, 2016

DGCA backtracks on proposal to punish sick pilots

Last week the pilots body slammed the aviation regulator's proposal of handing out harsh consequences to sick pilots.

Nov 28, 2016

Prem Watsa-owned Fairfax Financial Holdings

Fairfax India Holdings Corp gets initial approval to buy Catholic Syrian Bank

Catholic Syrian Bank is seen as a lucrative investment and has often been on the takeover radar.

Nov 28, 2016

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All eyes on OPEC meeting on Wednesday; output cut will benefit producers, hurt consumers

Iran is upset over Saudi Arabia, even as a crucial meeting between OPEC and non-OPEC members scheduled for Monday is called off.

Nov 28, 2016

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Oil India declares 1: 3 bonus issue

Shares of Oil India were trading with losses despite the public sector company declaring 1:3 bonus issue.

Nov 28, 2016

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Indian bonds, bank shares fall as RBI temporarily hikes cash reserve ratio

The move is estimated to drain over Rs 3.24 trillion ($47.29 billion) from the banks.

Nov 28, 2016

Anger makes a good business as more people queue up to smash stuff and vent stress

Rough day? Time to visit the "anger rooms", where destruction is encouraged.

Nov 27, 2016

BATTLE FOR MOSUL: Could ISIS 'information bank' reveal which countries funded it?

Iraqi authorities have managed to seize the archives of the terrorist group, which contains a lot of paper and computerised documents.

Nov 27, 2016

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