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Basant Kumar Birla was the chairman of BK Birla Institute of Engineering and Technology (BKBIET), Krishnarpan Charity Trust among other educational trusts and institutes. (Photo: wikimedia commons)

Veteran businessman Basant Kumar Birla passes away at 92

Birla's daughters Jayshree Mohta and Manjushree Khaitan survive him.

3 July 2019 5:28 PM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Wilful defaults in India cross USD 21 billion in 2018-19

As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.

3 July 2019 9:37 AM IST

Reserve Bank of India (RBI)

RBI fines 4 bank, including PNB for violation of KYC norms

RBI imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.

3 July 2019 8:45 AM IST

The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.

Steel imports rise in FY19

These additional imports partly contributed to an increase in steel imports to 8.8 MT in FY2019 from 8.4 MT in FY2018.

3 July 2019 7:07 AM IST

Anecdotal evidence also showed that some gold entered from Singapore, where gold having purity of 24-carat gets melted into rough chains weighing up to 200 grams.

High prices fail to dampen gold imports in June

Increase in imports - both in volume and value- indicates that demand has not dropped for gold despite the six-year high...

3 July 2019 6:59 AM IST

Shelar also said that the number of seats in other junior colleges would be increased by the deputy directors of the respective regions. (File Photo)

Student housing is a buzzing space now

Student housing generates a massive demand of more than 10 million beds across the major education-focused cities.

3 July 2019 6:53 AM IST

The company is manufacturing module and solar panels, which were cheaper and durable, for Indian markets, general manager(business development) of Adani Solar Cecil Augustine told reporters. (Photo: File)

Solar imports drop 40 per cent in January-March

In Q1 2019, solar modules and cells worth nearly $650 million (Rs 4,500 crore) were imported by India.

3 July 2019 6:48 AM IST

In multiple tweets, the Western Railway said that some trains in the Mumbai-Valsad-Surat section have been cancelled due to water-logging in Palghar section. (Photo: ANI | Twitter)

India Inc hails selfless cops, newspaper boys; silent on Mumbai's...

Heavy rains lashed India's financial capital Mumbai for the past four days.

2 July 2019 4:36 PM IST

Ram Vilas Paswan

Government looking into overpricing of bottled water, packaged food

Legal Metrology Department of state governments can impose penalties in case of violations, said Ram Vilas Paswan.

2 July 2019 2:30 PM IST

GMR Hyderabad International Airport is company that manages Hyderabad airport.

Hyderabad airport launches Face Recognition system for entry

Digi Yatra scheme is a Central government's for Digital processing of passengers at the airports.

2 July 2019 2:06 PM IST

Union transport and surface minister and BJP senior leader Nitin Gadkari

E-challan system implemented in various states to check traffic...

E-challan System has been implemented in Bihar, Chandigarh, Delhi, Gujarat, Haryana, Maharashtra among other states.

2 July 2019 9:38 AM IST

The total value of the freezed assets is Rs 56.21 crore.

2,313 frauds reported in Mudra loan accounts

Since the beginning of the scheme, over 19 crore loans have been extended under PMMY as on June 21, 2019.

1 July 2019 4:18 PM IST