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The logo for Facebook appears on screens at the Nasdaq MarketSite in New Yorks Times Square. (AP Photo/Richard Drew, File)Business
India asks Facebook for update on hacking impact

Facebook officials have said they were analysing the issue and will revert in two days.

2 Oct 2018 11:43 AM IST

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.Business
Oil near four-year high as Washington's Iran sanctions loom

Brent has risen by around 20 per cent from the most recent lows in August.

2 Oct 2018 11:11 AM IST

Union finance ministry Arun JaitleyBusiness
Jaitley defends loan write-offs; says they don't lead to waiver

The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.

2 Oct 2018 9:16 AM IST

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta shareholders back London delisting amid protest

The cancellation of the listing was confirmed at a final London shareholders' meeting.

2 Oct 2018 9:06 AM IST

Prominent Indian-American economist Gita Gopinath.Business
Gita Gopinath new IMF chief economist

Gopinath is co-editor of current Handbook of International Economics with former IMF economic counsellor Kenneth Rogoff.

2 Oct 2018 8:32 AM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.Business
Higher lending rates may spoil your festival plans

RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.

2 Oct 2018 8:25 AM IST

The shares of IL&FS Engineering soared 20 per cent while that of IL&FS Transportation and IL&FS Investment Managers surged 19.50 per cent and 10 per cent respectively.Business
Move gets thumbs up

Markets reacted positively to government's swift action, according to analysts.

2 Oct 2018 1:55 AM IST

The government on Monday said it stands fully committed to ensuring that needed liquidity is arranged for the debt-trapped IL&FS to prevent any more defaults in payment of loans by the non-banking financial company.Business
Fearing gloom, govt takes over debt-hit IL&FS

This is the third time in less than 10 years that the government has been forced to step in and supersede the board of a...

2 Oct 2018 1:37 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
GST mop up rises to Rs 94,442 crore

The collections stood at Rs 94,016 crore in May, Rs 95,610 crore in June, Rs 96,483 crore in July and Rs 93,960 crore in...

2 Oct 2018 12:29 AM IST

Last week, the company had filed a petition with the NCLT seeking certain relief in connection with filing of a scheme of arrangement under Section 230 of the Companies Act.Business
IECC board gets taken over again

In August 2009, the government-appointed board allowed IL&FS to take control of the infra firm.

2 Oct 2018 12:24 AM IST

The government on Monday said it stands fully committed to ensuring that needed liquidity is arranged for the debt-trapped IL&FS to prevent any more defaults in payment of loans by the non-banking financial company.Business
Management change needed to save IL&FS

The IL&FS Group is involved in many infrastructure projects including through equity and debt financing.

2 Oct 2018 12:20 AM IST

The iconic Air India building on Queens necklace in Mumbai may be consumed by the survival woes of the national carrier.Business
Air India to sell 14 properties; eyes Rs 250 crore

The move is, however, being opposed by its employees' union.

1 Oct 2018 7:36 PM IST

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