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State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.

DoT asks BSNL to put all capex on hold, stop tenders

BSNL posted operating profit of Rs 672 crore in 2014-15, Rs 3,885 crore in 2015-16 and Rs 1,684 crore in 2016-17.

25 Jun 2019 8:05 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Govt, RBI closely monitoring rupee exchange rate: Sitharaman

Rupee has depreciated from Rs 60.50 to a dollar in 2013-14 to Rs 69.74 to a dollar in April-December of 2018-19.

25 Jun 2019 8:01 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Currency in circulation rises 22 pc in May over pre-demonetisation...

Notes in circulation as on Nov 4, 2016 were Rs 17,74,187 cr, which have now increased to Rs 21,71,385 cr as on May 31,...

25 Jun 2019 7:16 PM IST

The railways plans to win back the customers it has lost to economic air travel. (Photo: Shripad Naik)

2.35 cr people used rlys' free WiFi; 4,791 more stations to be...

RailWire WiFi will be available to any user who has a smartphone with a working mobile connection.

25 Jun 2019 7:11 PM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

Amount involved in bank frauds of above Rs 1 lakh on decline

The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore

25 Jun 2019 7:06 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Kalyan Jewellers earmarks Rs 300 crore for expansion in South

The expansion iss in line with the company's plan to have 250 showrooms in five years.

25 Jun 2019 6:40 PM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee pares gains, settles flat at 69.36 a US dollar

Domestic currency opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.

25 Jun 2019 6:31 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Govt likely to use Rs 3 trillion RBI windfall to pay regular bills

Market expectations suggest Rs 3 lakh crore distributed staggered over years.

25 Jun 2019 5:02 PM IST

NITI Aayog Vice-Chairman Arvind Panagariya

Export-led growth very critical for good jobs in India: Arvind...

We need to get to 8-10 per cent growth if good jobs are going to be provided, said Arvind Panagariya.

25 Jun 2019 4:55 PM IST

AbbVie Inc would acquire Botox-maker Allergan Plc in a cash-and-stock deal for about USD 63 billion.

AbbVie to buy Botox-maker Allergan in USD 63 billion deal

Allergan shareholders will receive 0.8660 AbbVie shares and USD 120.30 in cash for each share held.

25 Jun 2019 4:43 PM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex gains 312 points; energy, auto, banking stocks rally

After trading in the red for a better part of the day, Sensex pared losses and settled 311.98 points up.

25 Jun 2019 4:38 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Govt to come out with national e-commerce policy within 12 months

We will put an institutional framework to bring out a national policy on e-commerce within next 12 months, an official...

25 Jun 2019 4:30 PM IST