Business
$1 Million Ransom in Bitcoins Saves Analyst After Mysterious Kidnapping
News of the release came as bitcoin and other cryptocurrencies rebounded after two days of losses partly related to regulators toughening rules on digital currencies in an effort to curb excessive speculation. Many digital currencies surged in value this...
India's External Debt Stands at $496 Billion at September-end
On a sequential basis, total external debt at end-September 2017 increased by $10 billion (2.1 percent) from the end-June 2017 level.
SEBI Caps Cross-shareholding in Credit Rating Agencies at 10 Percent
In a significant move, the regulator has decided that no CRA should, directly or indirectly, hold more than 10 percent of shareholding and/ or voting rights in another CRA and would not have representation on the board of the other CRA, SEBI Chairman Ajay...
Government Doesn't Want Air India to go Kingfisher Airlines Way: Ashok Gajapathi Raju
The minister said a ministerial committee headed by Finance Minister Arun Jaitley is looking into the matter of disinvestment of Air India and anyone, including MPs, are welcome to give their suggestions to this panel.
E-Commerce Websites Can Never be 100% Fake Proof, Says RedSeer CEO
A News18 investigation, on Wednesday, found that spurious manufacturers and counterfeit sellers are using loopholes in the Information Technology Act to their favour and making unaccounted money from the same. Meanwhile, online retailers are shrugging off...
New India to Jobs, NITI Aayog Plans Cracker of a Year Ahead
"In the next calendar year 2018, we (Niti Aayog) will focus even more on agricultural transformation, malnutrition, higher education and employment generation," Niti Aayog Vice-Chairman Rajiv Kumar Kumar told PTI.
We Need to Simply Our Businesses, Says Tata Sons Chairman N Chandrasekaran
After taking charge, Chandrasekaran has been focusing on reducing cross-holdings among group companies and exiting from businesses that are not significant.
FRDI Bill: Depositors' Money Will be Protected, Says Arun Jaitley
The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, introduced in the Lok Sabha in August this year, has a 'bail-in' clause, which some experts say brings potential harm to deposits in the form of savings accounts.
Rupee Moves up 10 Paise Against Dollar
Dubbed as the biggest overhaul of the US tax code in 30 years, the Bill slashes taxes for corporates as well as the middle class.
PM's Advisory Council Focusing on Farmer Policy Ahead of Multiple State Elections Next Year
"Farm income which includes providing proper remunerative prices to farmers and ensuring crop security is going to be a primary agenda in the days to come," said a member of the committee under conditions of anonymity.
100% Electric Vehicles in India? SIAM Presents Roadmap for Shift by 2047
Automobile industry body SIAM has proposed all new vehicle sales in India to be pure electric by 2047 while the same for intra-city public transport fleet can be achieved by 2030.
Sensex Hits New Peak at 33,956, Nifty at 10,494
Asian stocks traded mixed as the final vote on US tax-cut legislation entered a crucial phase.
WTO Must Incorporate Emerging Issues to Remain Relevant, Says Suresh Prabhu
Addressing a CII conclave, Suresh Prabhu said the idea behind the mini-ministerial was that WTO must focus on some of the very relevant issues of the world today.
Govt Restarts Hiring Process of RBI Deputy Governor
The Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by the Cabinet Secretary, had its meeting in this regard on Monday to select a suitable candidate to succeed SS Mundra.
ADB Lowers India's GDP Forecast for FY-18 to 6.7 Percent
It has also revised downward the GDP outlook for next fiscal beginning from March 2018 to 7.3 percent from 7.4 percent mainly due to rising global crude oil prices and soft growth in private sector investment.
India's 2017/18 Cotton Output Could Rise 9 Percent from Last Year
Cotton production could touch 37.7 million bales in the year that began in October, up from 34.5 million bales produced in 2016/17, Kavita Gupta, India's textile commissioner, told a news conference.