Economy News

Snapchat and Twitter may end Facebook's dominance in ad business, says analyst

Analyst predicts that Twitter and Snapchat may soon end Facebook's dominance in the ad market. He points to "a confluence of factors" that would help the two companies to grow faster.

Feb 22, 2018

Australia now has a bank note with some really cool features

Australian banknotes are totally waterproof, hard to counterfeit and relatively cleaner because they are resistant to moisture and dirt.

Feb 22, 2018

EPFO cuts interest rate to 5-year low: Is PF still a good saving option?

With interest rate on Employee Provident Fund at 8.55 percent, its time to analyse other government debt instruments such as Sukanya Samriddhi Account Scheme and Kisan Vikas Patra.

Feb 22, 2018

Economy and markets: All you need to know to start your day on Feb. 22

SGX Nifty signals a weak start for the domestic markets after the minutes from the Federal Reserve's latest meeting revealed a more hawkish view among policy makers.

Feb 22, 2018

PNB fraud: Scam-hit bank invokes brand image, says it has assets to deal with the 'current situation'

Punjab National Bank (PNB) assured its customers that the bank has a strong sovereign backing to deal with the present situation.

Feb 21, 2018

Aircel tells employees to be ready for 'difficult times'

Telecom provider Aircel warns more than 5,000 staffers of difficult times ahead.

Feb 21, 2018

Apple tops Fast Company's World's Most Innovative Company ranking, Reliance Jio ranked first in India

Apple tops in Fast Company's list of the World's Most Innovative Companies for 2018. Reliance Jio spotted at 17th place.

Feb 21, 2018

PNB scam: This temple in India holds special prayers to bring Nirav Modi back

Special prayers and poojas were conducted at a Hyderabad temple to save the scam-hit Punjab National Bank.

Feb 21, 2018

Economy and markets: All you need to know to start your day on Feb. 21

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex declined 71 points or 0.21 percent to close at 33,703 on Tuesday.

Feb 21, 2018

Rooftop aircraft-maker Amol Yadav to build India's first plane factory in Maharashtra

The Maharashtra government has signed a Rs 35,000-crore deal with pilot Amol Yadav, who built aircraft on his rooftop.

Feb 20, 2018

Gatimaan Express: Now travel from Delhi to Gwalior in just over 3 hours on India's fastest train

Gatimaan Express operates at a maximum speed of 160 km/h and takes 195 minutes to cover the journey from Hazrat Nizamuddin to Gwalior Junction railway stations.

Feb 20, 2018

PNB destroyed my brand, says Nirav Modi in letter [Read the full text]

Nirav Modi told the PNB management in a letter that "misleading" liability claims led to immediate search and seizure operations that curbed his ability to clear dues to banks.

Feb 20, 2018

Labour survey shows 'Make in India' still remains a distant dream

The Labor survey shows India's manufacturing sector lost 87,000 jobs during the April-June quarter of the current fiscal.

Feb 20, 2018

Economy and markets: All you need to know to start your day on Feb. 20

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex declined 236 points or 0.69 percent to close at 33,774 on Monday.

Feb 20, 2018

Amazon is now a vendor on Amazon.in, becomes the first foreign e-commerce firm in Indian food retail market

Amazon becomes the first foreign e-commerce firm to enter food retail venture in India. The government recently gave nod to the company to start food-only retailing.

Feb 19, 2018