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The Comptroller and Auditor General (CAG) conducted the audit of six private telecom service providers and submitted its audit report.

Dept of Telecom issues notices to six telecos

Sinha said, there is a dispute between government and telecom service providers on AGR.

16 Dec 2016 3:50 PM IST

NITI Aayog CEO Amitabh Kant addresses at press conference for the launch of the schemes Lucky Grahak Yojana and Digi-dhan Vyapari Yojana to encourage digital payments, in New Delhi. (Photo: PTI)

Cash crunch to end by mid-Jan, says Amitabh Kant

Niti Aayog CEO says note ban deicsion taken as India aspires to have become a $10 trillion economy.

16 Dec 2016 3:49 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm claims 48 customers cheated it of Rs 6 lakhs, CBI registers FIR

In the aftermath of demonetisation of Rs 500 and Rs 1000 notes, Paytm recorded over 5 million transactions a day.

16 Dec 2016 3:42 PM IST

Tata Sons interim Chairman Ratan Tata

Ratan Tata says no plans to quit Tata Trusts

With his statement, Tata Group patriarch denies widely reported rumours that he is stepping down from Tata Trusts.

16 Dec 2016 2:21 PM IST

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.

BHEL bags major contract from Indian Railways

The traction converters will be manufactured and supplied by BHEL's Electronics Division, Bengaluru.

16 Dec 2016 2:02 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Oil companies deny hike in petrol, diesel prices

Rates were last revised on December 1 when petrol was hiked by 13 paise a litre, but diesel rates were cut by 12 paise.

16 Dec 2016 1:07 PM IST

Bombay Stock Exchange

Sensex pares early gains, ends 32 points lower

The NSE 50-share Nifty was also down by 16.55 points, or 0.20 per cent, at 8,137.05.

16 Dec 2016 12:17 PM IST

S&P corporates and banks are likely to face short-term downside risk as the demonetisation-induced cash crunch will curtail GDP growth.

Demonetisation: SC refuses to extend use of old Rs 500 notes

Refers petitions to five-judge Constitution bench by framing 9 questions for adjudication.

16 Dec 2016 11:39 AM IST

Commerce and Industry Minister Nirmala Sitharaman

Expect high FDI momentum in 2017 too: Govt

FDI inflows in January-September jumped 21 per cent to USD 32.18 billion.

16 Dec 2016 11:03 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex up 75 points to 26,594.55 in early trade

Global cues, exports rising for third straight month in November supported recovery.

16 Dec 2016 10:48 AM IST

Tata board chairman Ratan Tata.

Ratan Tata likely to step down as chairman of Tata Trusts

The role of the Trusts has been at the center of the ongoing feud between Tata and Tata Sons' ousted Chairman Cyrus...

16 Dec 2016 9:31 AM IST

European oil firms jumped more than two per cent on the oil surge and helped the pan-regional STOXX50 index add 0.2 per cent, having just had its best week in exactly five years.

Higher costs forced Saudis to accept oil supply cut

Riyadh realised it required huge capital spending to extract more oil.

16 Dec 2016 6:17 AM IST