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  • Parliamentary standing committee meeting to discuss the impact of demonetisation tomorrow

    26 November, 2018 2:10 PM 129

    New Delhi: A crucial Parliamentary standing committee meeting to discuss the impact of demonetisation is scheduled for Tuesday. As per Zee Media, Reserve Bank of India (RBI) Governor Urjit Patel will also attend the meeting. He is expected to apprise the Parliamentary standing committee regarding the impact of demonetisation on Indian economy. The standing

  • New PAN card rules to come into effect from 5 December: All you need to know

    26 November, 2018 6:17 AM 104

    PAN cards are required for a lot of other activities like opening of a bank account and as identity proof. New Delhi: The Central Board of Direct Taxes (CBDT) through a notification has amended the income tax rules and said the new rules would come into effect from December 5. PAN cards are mandatory for any transaction above Rs 2 lakh and for a lot of other

  • Former Nissan chairman Carlos Ghosn denies allegations against him

    25 November, 2018 9:31 AM 109

    Former Nissan chairman Ghosn has been arrested on suspicion of financial misdoing. TOKYO: Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday. Ghosn, who has not spoken publicly, has told investigators that he had no intention

  • Nissan board votes to oust Carlos Ghosn as chairman

    22 November, 2018 7:15 PM 114

    Tokyo: Nissan Motor`s board voted on Thursday to oust Carlos Ghosn from his post as chairman following his shock arrest this week, public broadcaster NHK reported, marking the stunning downfall of the executive once hailed as the saviour of the Japanese automaker. The removal of Ghosn clouds the direction of the Renault-Nissan alliance, which he had personally

  • Domestic air pax up 13.34% in October, lowest since July 2017

    22 November, 2018 12:12 PM 154

    Mumbai: Domestic air traffic rose 13.34 percent to 1.18 crore in October over the same period a year ago, the lowest in the last 14 months, DGCA data, released on Thursday, showed. The Wadia group-owned budget carrier GoAir maintained its top position in on time performance(OTP) from four key airports at 90.5 percent while the largest airline by market

  • Reliance Jio launches India’s first VoLTE international roaming

    20 November, 2018 9:37 PM 122

    KDDI, Japan becomes the first operator to avail Jio’s VoLTE based international roaming services in India. MUMBAI: Reliance Jio Infocomm Ltd. (Jio) on Tuesday announced the launch of VoLTE based inbound International roaming between India and Japan. With this, Jio has become India’s first 4G mobile operator to provide VoLTE based international roaming

  • HMSI scooter sales cross 25 million mark

    20 November, 2018 9:58 AM 143

    New Delhi: Honda Motorcycle and Scooter India (HMSI) Monday said its cumulative scooter sales have crossed 25 million milestone. The company had first launched a scooter model in the country in 2001. "From achieving 10 million sales mark in 13 years, Honda added additional 10 million customers in just next three years," HMSI said in a statement

  • Jawa Motorcycles make comeback with a retro-cool twist: Here's how to book

    20 November, 2018 7:31 AM 125

    New Delhi: Classic Legends Pvt Ltd, a subsidiary of Mahindra and Mahindra, has launched the all new range of Jawa Motorcycles by unveiling brand new bikes in India –the Jawa, Jawa forty two and the Jawa Perak. The Jawa and Jawa forty two are priced at Rs 1,64,000 and Rs 1,55,000 respectively and the bookings of the bikes have already begun online

  • PFRDA conducts valuation to weigh up doubling of pension limit to 10K

    20 November, 2018 5:26 AM 197

    New Delhi: Pension fund regulator PFRDA is doing actuarial valuation of its portfolio to gauge the feasibility of raising the pension limit to up to Rs 10,000 per month under the Atal Pension Yojana (APY), a top official said. A proposal was made in the past to raise the pension under APY to double the limit from the existing slab of up to Rs 5,000. "Since

  • Sushmita Sen not liable to pay tax on compensation by soft drink firm in sexual harassment case

    19 November, 2018 11:05 AM 125

    New Delhi: Former Miss Universe and Bollywood actor Sushmita Sen has got a huge relief from the Income Tax Appellate Tribunal (ITAT) . The Mumbai bench of ITAT withdrew the burden of income tax liability on her from the compensation paid by a multinational soft drink company in 2004. ITAT also set aside the penalty of Rs 35 lakh imposed on her for concealment