Home » Business

Business - Page 1117

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Indian digital economy will touch USD 1 trillion-mark by 2022: Garg

India is the sixth largest world economy and We would become fifth largest economy by 2022.

15 July 2018 6:31 PM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB's NPA recovery in first quarter tops FY 2018 level

The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank.

15 July 2018 3:48 PM IST

MCX said that the technical glitch was not caused due to any cyber security breach.

Govt to give preference to cyber security products by domestic firms

Firms claiming to own IP for the product will be required to furnish evidence of the ownership as per the rule.

15 July 2018 1:50 PM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

No claimants for India-linked dormant Swiss bank accounts!

Swiss banks made public a list of accounts lying dormant without any trace of owners.

15 July 2018 11:54 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

GST Council may bring natural gas, jet fuel under GST this week

However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.

15 July 2018 11:40 AM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance vs PSUs: Battle for pipelines to supply jet fuel in Mumbai...

Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.

15 July 2018 11:28 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Dalal Street ready for Rs 14,000 crore initial public offers

Seven companies are aiming to raise more than Rs 14,000 crore.

15 July 2018 11:19 AM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

FPIs selling spree continues, withdraw Rs 1,200 cr from debt markets

The latest sell-off comes after foreign portfolio investors (FPIs) withdrew an amount close to Rs 50,000 crore from the...

15 July 2018 11:08 AM IST

Market regulator Sebi has approved most of the recommendations of corporate governance panel. The key changes accepted by Sebi are

SEBI proposes tighter rules for auditors, valuers

SEBI has sought feedback and comments on the draft regulations over the next 30 days.

14 July 2018 3:05 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold lost its glitter during the week, falls Rs 480 per 10 gm

Gold is trading at Rs 30,050 per ten grams at the bullion market during the week.

14 July 2018 2:14 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Market post strong gains for the week, surge 883 points

Total turnover during the week on BSE rose to Rs 14,724.75 crs as against last weekend's level of Rs 12,740.44 crores.

14 July 2018 1:23 PM IST

Defence Minister Nirmala Sitharaman on Saturday said that the entire might of the Government has been invoked to pin the culprit Nirav Modi in the Rs 11,000-crore PNB fraud case. (Photo: ANI | Twitter)

S-400 missile deal with Russia to go ahead despite US sanctions:...

The defence minister said it may take two-and-a-half to four years to implement S-400 missile deal after it is signed.

14 July 2018 11:32 AM IST