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Economy News

Natural gas processing unit

Qatar to merge Qatargas and RasGas to create a bigger entity

The move is seen as the Gulf country's efforts to adapt to a low energy pricing environment. Dec 12, 2016
Axis Bank

Indian insurers rush to buy bank capital after rule change

Insurance Regulatory Authority of India has allowed insurers to invest in AT1 rupee bonds with local ratings of AA and above. Dec 12, 2016
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

Demonetisation: India might import 20,000 tonnes of currency paper to sail through cash crunch

This decision was taken following a meeting of the finance ministry officials chaired by Economic Affairs Secretary Shaktikanta Das. Dec 12, 2016
Indian Railways

Ticket prices may be hiked again as railway mobilises resources for safety fund

Sources say railway has no option but to increase prices as its proposed safety fund did not get a favourable response from the finance ministry. Dec 11, 2016
demonetisation demonetization currency rbi rs 500 rs 1000 note currency pm modi arun jaitley trends rs 2000

Police raids law firm in South Delhi; recovers Rs 13 crore

Of the money recovered, Rs 2.5 crore was found to be in new currency notes. Dec 11, 2016
demonetisation raids karnataka corruption fraud notes banks bureaucrats raids income tax acb police bengaluru exchange commission nexus contractors

RBI asks banks to deploy maximum new Rs 500 notes in ATMs

The central bank wants to ensure wider and equitable distribution of these currencies, which is only possible if maximum amount is given through ATMs. Dec 10, 2016
Miss Philippines Catriona Gray

Evening wrap: Trump on H-1B visa holders, Sushma Swaraj's kidney transplant, the next probable Miss World, and more

Read about the next two contestants who could be asked to leave Bigg Boss 10, and rumours of Playboy founder Hugh Hefner's death. Dec 10, 2016
Forbes List of Most Powerful Women in the World

IMF chief Christine Lagarde on trial in France over tycoon case

Lagarde is under fire for failing to challenge a payout award in favour of business tycoon Bernard Tapie during her tenure as French finance minister. Dec 10, 2016
narendra modi cabinet meeting ieds

This is how PM Modi and Rajnath Singh replied to Rahul Gandhi's remarks on demonetisation and disruption in Parliament

The prime minister said he was not being allowed to speak in the Lok Sabha, and hence was speaking in jan sabha — public meetings. Dec 10, 2016
Donald Trump, Berlin attacks, Russian envoy, Turkey

Won't allow H-1B visa workers to replace Americans: Donald Trump

Any regulatory change in regard to H-1B visa will negatively impact Indian IT companies the most. Dec 10, 2016
Watch humanoid robots take over London

Silicon Valley, automation and universal basic income; what to do to stay one step ahead of the robots?

You can either learn computer programming and make the robots or slowly become obsolete as our robots take over all the jobs in the world. Dec 9, 2016
baggage tags

Airport security measures: These six Indian airports will no longer require security stamps on hand luggage tags

Passengers will not be required to get the security stamp on their hand baggage tags before boarding a flight. Dec 9, 2016
Talgo

India is likely to get a version of the Avril bullet train, thanks to Spanish firm Talgo

Talgo's CEO Jose' Maria de Oriol Fabra said the company would make a bid for the contract. Dec 9, 2016
Supreme Court

Judicial review of fiscal policy 'impermissible', Centre tells SC during demonetisation hearing

The case will be heard next on December 14 and in the interim Supreme Court says it will frame broad questions on the issue. Dec 9, 2016
ATM last rites

The Weird World of Demonetisation: JD(U) workers conduct last rites for cashless ATM in Bengaluru

The last rites of the ATM had been conducted as per Hindu religious norms at 11 am on Friday. Dec 9, 2016
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