Business news

UK to ban sale of diesel and petrol cars from 2040

The announcement comes as part of the governments £3bn ($3.9bn) clean air strategy. Air pollution is thought to shorten the lives of around 40,000 people per year.

Jul 26, 2017

Wrecked Snapdeal anchors Flipkart's Rs 5,800 crore buyout offer

The board of Jasper Infotech, which runs Snapdeal, approved Flipkart's bid of Rs 5,800 crore ($900 950 million) last week.

Jul 26, 2017

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Senate Republicans vote to move ahead on Obamacare repeal

The Senate voted 51-50 to start debate on Obamacare repeal. Vice President Mike Pence was forced to break the tie.

Jul 26, 2017

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RBI stops printing Rs 2000 notes, focus turns to new Rs 200 [VIDEO]

The govt plans to slowly phase out higher denomination notes.

Jul 26, 2017

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US House of Representatives pass sanctions bill

he U.S. House of Representatives voted to slap more sanctions on Russia, Iran, and North Korea. The bill defies President Trumps objections to such legislation but was backed by Republicans and Democrats alike. The bill still needs to pass through the Senate before getting to the White House for Trump to sign or veto. The House-passed bill would codify into law existing sanctions on Russia. New sanctions would be imposed upon Iran for their ballistic missile development. While North Koreas shipping industry and use of slave labor would be targeted for the countrys nuclear and missile programs. The White House says President Trump has not yet considered vetoing or signing the bill into law.

Jul 26, 2017