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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures soften 4.81 per cent on weak global cues

Analysts said trading sentiments turned weak after oil prices eased in global markets.

29 April 2019 2:36 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Ask SBI to release one month's salary to Jet Airways staff: NAG to PM...

The airline has not paid March salaries to its over 20,000 employees. Jet ceased operations on April 17.

29 April 2019 2:07 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel posts EBITDA of Rs 2,000 crore, may use funds to repay...

The CoC had challenged the orders of the NCLAT of March 18 and March 20 before the Supreme Court by filing an SLP.

29 April 2019 1:48 PM IST

Sensors will monitor the riders movement to prevent collisions.

Honda working on helmets with radar tech!

In a move to reduce motorcycle accidents, Honda came up with this innovative technology.

29 April 2019 1:43 PM IST

New underpinnings, updated engine and more.

2020 KTM 390 Duke spotted testing

KTM appears to have made some changes to the frame, geometry and swingarm.

29 April 2019 1:40 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Gold futures up on spot demand

Gold is trading at Rs 31,938 per 10 gram as traders raised bets amid positive cues from domestic markets.

29 April 2019 1:22 PM IST

Tata Motors-owned Jaguar Land Rover on Tuesday said it plans to bring 10 new products in India in 2018-19, riding high on 83 per cent jump in sales in the last fiscal.

Jaguar Land Rover planning to allow helpful car drivers to earn...

Drivers could also earn rewards if the car participates in a ride-sharing program, Jaguar said.

29 April 2019 12:57 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank posts loss of Rs 1,506 crore in March quarter

Despite the losses in the quarter, the bank board recommended a dividend of Rs 2 a share.

29 April 2019 12:37 PM IST

Congress president Rahul Gandhi

Where politicians invest: Mutual funds, RIL and even Kingfisher...

Congress chief Rahul Gandhi has disclosed equity holding in Young Indian and investments in several mutual funds.

29 April 2019 12:22 PM IST

You can avail a top-up of Rs 40 lakh. Interestingly, with a deductible of Rs 10 lakh, this additional coverage of Rs 40 lakh will cost you upwards of Rs 8,200 per annum.

Health coverage of Rs 5 lakh

It's not that difficult to secure your family's medical needs for the foreseeable future.

29 April 2019 2:46 AM IST

Given the scale of Basmati rice exports to Iran, a disruption in sales to this market can have a severe adverse impact on the Basmati rice industry.

Basmati feels heat of Iran oil curbs

Iran has remained a major export destination for Indian Basmati rice and the industry's concentration on Iran has only...

29 April 2019 2:35 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Market may see volatile moves

India VIX trading above levels of 21 is a clear indication of divergence in bull and bear sentiments.

29 April 2019 2:31 AM IST