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State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Canara Bank, Bank of India officials questioned in PNB scam case

The PNB in February detected the multi-crore scam, wherein Nirav Modi and Mehul Choksi had allegedly cheated the bank.

12 April 2018 12:11 PM IST

Initially, Apples iOS Security Guide document mentioned Microsofts Azure and Amazons Web Services as the third party cloud services that Apple used for storing data on the iCloud service.

'Storing Data in Country can safeguard interests'

We cannot control or stop the Facebooks or the Googles or such agents walking into this country,â€ Cert-IN director...

12 April 2018 4:35 AM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Oil companies say no directive from govt to defer price hike

Shares of IOC fell as much as 7.6 per cent after the news of government asking oil firms to not raise prices broke.

11 April 2018 7:45 PM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi to make physical settlement mandatory in phased manner

The regulator has strengthened the existing entry criteria for introduction of stocks into the derivative segment.

11 April 2018 7:27 PM IST

AggregateIQ did not immediately respond to request for comment on the remarks by Christopher Wylie, a whistleblower formerly of British political consultancy Cambridge Analytica. (Photo: AP)

Cambridge Analytica denies using data of Indians

The government now plans to seek additional clarification from them, the sources said.

11 April 2018 7:17 PM IST

A source said that all airlines were intimated on the development a long time back and no flights will be scheduled during the affected time period. (Photo: ANI)

India to record 50 months of double-digit air passenger growth: IATA

India to surpass the UK as the world's third largest origin-destination market.

11 April 2018 7:09 PM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

CoinFriendly: World's largest repository of Bitcoin-friendly business

The new website will allow Bitcoin users across the globe to identify these stores and services in 20 countries.

11 April 2018 5:47 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Govt relaxes rules for Coal India to ease CBM extraction

Coal India Ltd had to apply to oil ministry for a licence to extract coal-bed methane (CBM) from its coal blocks.

11 April 2018 5:17 PM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Cabinet delegates powers to oil, finance ministers to award oil blocks

Till now, only the Cabinet headed by Prime Minister had the powers to approve award of an block.

11 April 2018 4:50 PM IST

Mutual Funds see redemptions of Rs 50,000 crore in March

MF schemes saw a net inflow of Rs 2.72 lakh crore in 2017-18.

11 April 2018 4:31 PM IST

Almost 12,000 adolescents were surveyed about their online and social media habits as well as their tobacco use. (Photo: Pixabay)

Foreign direct investment in tobacco: DIPP meets stakeholders

Farmer associations and industry on Wednesday shared mixed views in a meeting called by the commerce and industry...

11 April 2018 4:00 PM IST

Online recruitment activity registered 12 per cent increase in March with demand for finance and healthcare professionals witnessing a significant uptrend, says a report.

Online hiring activity sees 12 pc rise in March: report

The Monster Employment Index India stood at 292 in March as compared to 261 in the year-ago month.

11 April 2018 3:42 PM IST