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  • Car sales flat in October, PVs up 1.55%

    9 November, 2018 9:41 PM 125

    New Delhi: Domestic passenger vehicle sales rose 1.55 percent to 2,84,224 units in October as against 2,79,877 units in the same month last year. Car sales grew marginally by 0.38 percent to 1,85,400 units last month as against 1,84,706 units in October last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM) Friday

  • Government says not seeking Rs 3.6 lakh crore RBI reserve, dismisses media reports

    9 November, 2018 10:08 AM 113

    Economic Affairs Secretary Subhash Chandra Garg in a series of tweets said that government’s fiscal math is completely on track. New Delhi: The government on Friday dismissed recent media reports on seeking Rs 3.6 lakh crore from RBI reserve stating that a lot of misinformed speculation is going around in media. Economic Affairs Secretary Subhash Chandra

  • What is Masked Aadhaar, its privacy benefits and how to download it: All you need to know

    9 November, 2018 9:15 AM 112

    New Delhi: The Unique Identification Authority of India (UIDAI) recently added a new security feature for your Aadhaar called the ‘Masked Aadhaar’. The Masked Aadhaar, as the name suggests, lets the user opt for an Aadhaar card which does not give the details of all the 12 digits of the Aadhaar number. It only shows the last 4 digits of the Aadhaar number

  • Arun Jaitley justifies Demonetisation, says shake-up required to make India move to digital transactions

    8 November, 2018 10:37 AM 149

    New Delhi: On the second anniversary of Demonetisation, Finance Minister Arun Jaitley dismissed the “ill-informed criticism” of the note ban. Refusing claims that almost the entire cash money got deposited in the banks, Jaitley in a Facebook post wrote that confiscation of currency was not an objective of Demonetisation. “Getting it into the formal economy

  • Jet Airways Diwali sale extended till November 11; avail 30% off on domestic, international flights

    8 November, 2018 6:52 AM 165

    Passengers under this offer can get upto 30 percent discount on base fare in Première and Economy. New Delhi: Jet Airways has extended its 2018 Diwali sale till November 11, offering discounts of up to 30 percent discount on domestic as well as international flight across the company's network. Tickets under the scheme must be purchased between October

  • Indian Bank raises Rs 110 crore through bonds

    7 November, 2018 4:42 PM 113

    New Delhi: Indian Bank said Wednesday that it has raised Rs 110 crore through bonds. The Basel III Compliant Tier 2 bonds, with a coupon rate of 8.85 per cent per annum, were raised on Tuesday. The bonds have tenor at 10 years and call option after completion of 5 years on private placement basis, an Indian Bank statement said. According to the statement

  • Markets to conduct special 'Muhurat' trading session tomorrow

    6 November, 2018 7:58 PM 107

    The markets will remain closed on Thursday for "Diwali Belipratipada'.     New Delhi: The BSE and NSE will conduct a special 'Muhurat trading' session Wednesday between 1700 and 1830 hours on the occasion of Diwali. The markets will remain closed on Thursday for "Diwali Belipratipada'. Benchmark indices ended a highly volatile session in the green Tuesday

  • Nirav Modi's 11 properties worth Rs 56 crore seized by ED in Dubai

    6 November, 2018 1:44 PM 140

    The market value of the properties seized is US$ 7.795 million which is equivalent to Rs 56.8 Crore, under PMLA. New Delhi: Enforcement Directorate (ED) on Tuesday has seized 11 properties in Dubai belonging to Diamond jeweller Nirav Modi and his group Company Firestar Diamond FZE in connection with the multi-million dollar alleged fraud in the Punjab

  • Fuel prices slump further, petrol at Rs 78.42 and Rs 83.92 in Mumbai

    6 November, 2018 7:50 AM 119

    NEW DELHI/MUMBAI: A day before Diwali 2018, fuel prices further slumped across the country marginally. Petrol prices in the national capital stood at Rs 78.42 per litre after a decrease of 14 paisa, while diesel is Rs 73.07 per litre after a rate cut of 9 paisa, respectively. In Mumbai, petrol was being sold for Rs 83.92 per litre after a rate cut of 14 paisa

  • FinMin eyes Rs 8,000 cr through CPSE ETF, issue likely by November-end

    5 November, 2018 8:04 PM 127

    New Delhi: The Finance Ministry is eyeing about Rs 8,000 crore through the launch of follow-on public offer of CPSE exchange-traded fund (ETF) by the end of this month, an official said. This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies. In the earlier three tranches of the ETF, the government had raised