Business news

Fasten your wallets, aviation fuel price zooms 6%

Aircraft carriers will have additional cost pressures to shoulder from higher turbine fuel prices

Oct 1, 2017

rupee tax collection indirect collection customs direct excise stt swachch bharat cess arun jaitley tweets finance ministry refund

Unstimulating: Fiscal deficit hovers at 96% of full-year target, dashes stimulus hopes

During the same period last year, fiscal deficit had touched 76.4 per cent of the full-year target

Sep 30, 2017

Indian markets lose sheen on economic travails, but investors keep faith

Much will depend on how the government opts to arrest India's economic slowdown after its promise of deep economic and fiscal reforms had enamoured foreign investors.

Sep 30, 2017

Crossed wires for telecom: IUC cut by the regulator is a flawed antidote

For incumbent operators, the charge which is collected while allowing calls from rival networks to terminate on their users forms 9-15 per cent of their consolidated revenues.

Sep 29, 2017

IUC: Trai opposes urgent relief for Idea, Airtel over IUC

Airtel and Idea had on Thursday challenged Trai's decision to slash IUC rate in the Bombay High court

Sep 29, 2017

Theresa May bitterly disappointed with Bombardier tariff decision

U.K. Prime Minister Theresa May says she is and amp;#39;bitterly disappointed and amp;#39; at the U.S decision to impose a 210% tariff on Canadian plane maker Bombardier.The wings for Bombardier C series planes are made in Northern Ireland. This ruling could threaten over 4000 jobs.Theresa May and amp;#39;s minority conservative government also relies on the Northern Irish DUP party to stay in power.The Prime Minister has personally asked U.S. President Donald Trump to help find a solution.

Sep 28, 2017

Dramatic footage shows shootout with Sacramento police results in suspect killed

Police video footage released this week shows a homicide suspect being shot and killed in Sacramento, California on the Sept. 7, 2017. The suspect who was wanted in connection with a fire that killed two people gets out his car and stars firing at the police officers. Five officers returned fire and killed the suspect. Two police officers sustained injuries.

Sep 28, 2017

China unveils worlds first commercial amphibious drone

The U650 drone is about 20 feet long, weighs about 750kg, and has a range of over 2,000km at 180kmh. It can carry a range of cargo from cameras and survey instruments, to medical supplies and even small ordnance.

Sep 28, 2017

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Dalal Street bleeds: Sensex hits 3-month low, investors pull out Rs 6 lakh crore

With Wednesday's trade, the Indian equity market fell for the seventh straight session. The Sensex lost 1,270 points, or 3.91 percent during the period.

Sep 27, 2017

High-level exits: Infosys senior VP and head of technology Navin Budhiraja quits

Budhiraja's exit can impact the company's ambitious plans to monetize and scale up business from its artificial intelligence-powered platform, Infosys Nia.

Sep 27, 2017

Anil Ambani flags 'creative destruction' of telecom sector

Sector under stress, and banks are not lending he says, pointing out that many operators have seen value erosion and large losses over the past year.

Sep 26, 2017

Buying an iPhone 8? Here are some offers you should look at

Citibank and Jio, and online retailers Flipkart and Amazon have lined up impressive exchange and buyback deals.

Sep 26, 2017

SBI reduces penalty for non-maintenance of minimum balance

SBI has lowered the penalty on savings accounts for non-maintenance of minimum balance while exempting the accounts of minors and pensioners. Read to know more.

Sep 26, 2017

GM India exports, Beat sedan, Chevrolet essentia

GDP share of exports in Q1 slumps to 14-year low at 19.4%

Share was 20% in fiscal 2017; exports rose just 1.2% in Q1 despite strong rebound in global trade in goods and services.

Sep 26, 2017

air india, qatar airways, atf prices in india, jet fuel prices in india, indian civil aviation, domestic air traffic

Air India taps Rs 6,000 crore loan amid disinvestment plans

The airline is facing cash deficit and the loans from the government will offer some short-term relief and meet the immediate capital requirements.

Sep 26, 2017

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Business news

Fasten your wallets, aviation fuel price zooms 6%

Unstimulating: Fiscal deficit hovers at 96% of full-year target, dashes stimulus hopes

Indian markets lose sheen on economic travails, but investors keep faith

Crossed wires for telecom: IUC cut by the regulator is a flawed antidote

IUC: Trai opposes urgent relief for Idea, Airtel over IUC

Theresa May bitterly disappointed with Bombardier tariff decision

Dramatic footage shows shootout with Sacramento police results in suspect killed

China unveils worlds first commercial amphibious drone

Dalal Street bleeds: Sensex hits 3-month low, investors pull out Rs 6 lakh crore

High-level exits: Infosys senior VP and head of technology Navin Budhiraja quits

Anil Ambani flags 'creative destruction' of telecom sector

Buying an iPhone 8? Here are some offers you should look at

SBI reduces penalty for non-maintenance of minimum balance

GDP share of exports in Q1 slumps to 14-year low at 19.4%

Air India taps Rs 6,000 crore loan amid disinvestment plans

India's Cumulative COVID-19 Vaccination Coverage exceeds 97.79 Cr

Hyderabad-bound bus catches fire in Telangana, passengers escape unhurt

SP, Cong stage protests outside UP Assembly; Rail Roko protests elsewhere by farmers