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The accused connived with the owners of private firms and allowed depositing demonetised currency notes worth around 82.50 crore in the banks currency chest.

Govt rectifies anomaly, allows law enforcement agencies to hold banned...

Banned currency notes beyond a certain limit could be held only by the Reserve Bank.

28 Aug 2018 6:48 PM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Empower Sebi to crack down on erring CAs, says panel

Watchdog has powers to issue directions to bar person involved in financial statement fraud: Committee.

28 Aug 2018 5:19 PM IST

Kareena Kapoor Khan and Saif Ali Khan #Saifeena

Saif Ali Khan gets relief from tax on notional rental income

For the property valued at Rs 11.58 crore at the time of purchase, the actor took an annual ratable rental value of Rs 4...

28 Aug 2018 4:51 PM IST

GoAir will increase the number of current aircrafts from 23 to 37 by the year-end.

GoAir to launch international ops; first flight on Mumbai-Phuket route

The bookings for the maiden international flight will commence soon and an announcement to this effect is expected to be...

28 Aug 2018 4:41 PM IST

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

Vedanta bags 41 oil blocks, OIL 9, ONGC 2 in India's maiden auction

Vedanta, which had put in bids for all the 55 blocks, won right to explore and produce oil and gas in 41 of them.

28 Aug 2018 4:30 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Stocks at new highs on upbeat global cues; Nifty ends above 11,700

The BSE Sensex rose by 202.52 points or 0.52 per cent to close at a fresh record high of 38,896.63.

28 Aug 2018 4:08 PM IST

India expects to double share of natural gas in the countrys energy mix to more than triple imports to 70 million tonnes per year by 2022 for which more terminals are being planned.

GAIL's online gas portal to boost transparency

GAIL, India's biggest gas marketing and trading firm, launched an online portal for companies to book natural gas...

28 Aug 2018 4:04 PM IST

Union minister Nitin Gadkari said development work worth Rs 5 lakh crore would be started in Maharashtra. (Phptp: Debasish Dey)

Gadkari cancels September visit to Israel, Canada, US

The visit has been cancelled in view of the forthcoming Mobility Summit by Niti Aayog and BJP National Executive...

28 Aug 2018 3:51 PM IST

Mohan Das Pai have cautioned that dramatic shift in technology and artificial intelligence has created disruption in industries and posed a threat to humankind. (Representational image/ Pixabay image)

AI experts are in high demand, in the money and in New York

There's a limited pool of talent, and viable candidates who smell the desperation are putting a high price on their...

28 Aug 2018 3:33 PM IST

A growing area of research called solid-state thermoelectrics aims to capture that waste heat inside specially designed materials to generate power and increase overall energy efficiency. (Representational image)

Govt, EESL, World Bank sign pact to boost energy efficiency in India

The programme will help tackle the financing, awareness, technical and capacity barriers faced by new energy efficiency...

28 Aug 2018 3:20 PM IST

Around three lakh people use free WiFi service at these spots (Photo: AFP)

Google Station to roll out Wi-Fi services in Andhra Pradesh

The tech giant has also rebranded its 'Tez' as 'Google Pay'.

28 Aug 2018 2:47 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

India capable of replacing US exports to China amid trade dispute

Government has directed its concerned departments to identify goods where it has a clear advantage in exports over US.

28 Aug 2018 2:35 PM IST