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The markets would have to contend with any contagion effect of the troubles in the Turkish economy and weakness in global economy on escalation of global trade issues.Business
Global cues, macros to dictate markets direction

The equity valuations at the moment are on the higher side as the markets have priced in a strong growth in corporate...

20 Aug 2018 12:53 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)Business
Macro instability due to UPA policies, says Jaitley

Mr Jaitley also said that 2003-04 witnessed the boom period for the global economy which continued till 2008 when the...

20 Aug 2018 12:50 AM IST

The flood situation in all 14 districts of Kerala, particularly in Pathanamthitta, remained grim on Thursday. At least 75 people have been killed so far. (Photo: PTI)Business
India Inc extends aid to inundated Kerala

CII has set up a task force chaired by its former president Kris Gopalakrishnan to work on relief measures.

19 Aug 2018 6:51 PM IST

Oil and Natural Gas CorporationBusiness
ONGC repays a third of loan taken to buy HPCL

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.

19 Aug 2018 3:58 PM IST

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta to invest USD 2.3 billion in 'near term' on oil and gas

Vedanta aims to increase production from the current 2,00,000 barrels of oil equivalent per day to 3,00,000 bpd.

19 Aug 2018 3:34 PM IST

Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.Business
DoT blacklists bank guarantees issued by Standard Chartered Bank

Standard Chartered Bank has failed to invoke a BG issued by them on behalf of Aircel Group of companies.

19 Aug 2018 1:57 PM IST

Intel has been increasingly catering to data centres as revenue from PCs has flattened since shipments peaked in 2011.Business
Intel India trains 99,000 people in artificial intelligence

The programme was launched in April 2017 and the initial target was for a year ending April 2018.

19 Aug 2018 1:09 PM IST

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 per cent while the licence fee collected by the government dropped by 16 per cent year-on-year in the quarter ended December 31, 2017.Business
Trai consultation soon on traffic management practices for net...

The regulator will suggest the nuances of the proposed body, such as composition, structure, and other aspects.

19 Aug 2018 12:48 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.Business
Air India to carry rescue operations from Kochi Naval Base

So far, 357 people have lost their lives due to the floods.

19 Aug 2018 10:59 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.Business
Clean Banking is new normal for banks, says Rajiv Kumar

The NPA crisis brought opportunity for introduction of responsible and responsive banking.

19 Aug 2018 10:52 AM IST

Predominantly Muslim Malaysia sends some 27,000 pilgrims to perform the hajj every year. (Photo: AP)Business
Over 2 million Muslims begin annual hajj pilgrimage

The five-day pilgrimage represents one of the five pillars of Islam and is required of all able-bodied Muslims once in...

19 Aug 2018 10:42 AM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.Business
Walmart seals deal to acquire majority stake in Flipkart

Walmart said its investment includes $2 billion of new equity funding to help accelerate the growth of the Flipkart...

19 Aug 2018 4:28 AM IST

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