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The Ministry of External Affairs on Friday suspended validity of passports of Nirav Modi and his business partner and uncle Mehul Choksi with immediate effect for a period of four weeks. (Facebook screengrab/NIRAVMODI)

PNB fraud: Nirav Modi jewellery estimated at less than 30 pc of book...

Value of polished diamonds held by Maha units of Firestar Diamond has also been reduce from Rs 153 cr to Rs 83 cr.

30 May 2018 12:33 PM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Sebi seeks information from Jet Airways following complaint of fraud

The regulator also sought the views/recommendations of the statutory auditors and the audit committee of the company on...

30 May 2018 12:29 PM IST

Singapore Airlines Ltd said it would launch the worlds longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area.

Singapore Airlines to launch world's longest commercial flight

The Singapore-Newark flight marks the return of a popular route for Singapore Airlines.

30 May 2018 12:22 PM IST

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.

AirAsia shares slide as probe puts India unit IPO, expansion at risk

Shares slid 6 per cent to a six-month low to give the airline a market value of roughly $2.6 billion.

30 May 2018 10:23 AM IST

Attorney Brent Renison said the court did not say the lottery was the best way to distribute visas, only a permissible way. (Photo: File)

US receives over 5,000 tips on H-1B visa fraud: official

The USCIS, however, did not provide any other details with regard to the nature of complaints

30 May 2018 10:12 AM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex suffers more losses, slides 214 points on global cues

The NSE Nifty cracked below the 10,600-mark by falling 69.45 points, or 0.65 per cent, to 10,563.85.

30 May 2018 10:00 AM IST

Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India.

Indian Overseas Bank's Q4 net loss widens to Rs 3,606.73 cr

Shares of Indian Overseas Bank were trading 2.40 per cent lower at Rs 16.25 apiece on BSE.

30 May 2018 9:55 AM IST

File image of a man counting cash at a petrol pump.

Centre earns Rs 665 crore a day from excise on oil

Excise duty on petrol was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre since Nov 2014.

30 May 2018 9:49 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee sheds 5 paise against dollar in opening trade

Rupee is trading at 67.91 against the US dollar at the interbank forex market.

30 May 2018 9:41 AM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Looking for a new job or career oriented training, attend Job Fair by...

This Job Fair will be open for all and will take place from 31st May- 5th June 2018.

30 May 2018 9:05 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Two-day bank strike from today, ATM transactions may take a hit

On 30 and 31st May, 10 lakh bank employees all over India will be on strike over the issue of wage revision.

30 May 2018 8:58 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI audit reveals NPA divergence of Rs 45,600 cr in PSBs

SBI had reported a net loss of Rs 3,969.2 crore in the fourth quarter of last fiscal compared to Rs 1,045.5 crore.

30 May 2018 8:51 AM IST