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Ashwin Lohani (Wikimedia Commons)Business
Former Air India CMD Ashwin Lohani appointed chairman of APTDC

He is the second bureaucrat to be appointed by the Andhra Pradesh government with cabinet rank

17 March 2020 1:50 PM IST

Representative image (PTI)Business
YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor

Ambani has sought exemption on health grounds from the agency and he may be issued a new date

16 March 2020 2:42 PM IST

Account holders stand in a queue to withdraw money from YES Bank (PTI)Business
Yes Bank won't be merged with SBI: Prashant Kumar

The RBI has taken control of Yes Bank, after the lender failed to raise the capital it needs to stay above mandated...

9 March 2020 3:38 PM IST

The coronavirus is estimated to cause a loss of USD 113 billion to the airline industry. (Photo | Pixabay - A Quinn)Business
Coronavirus hits air travel demand but airlines forced to fly empty

Thousands of tonnes of jet fuel go to waste as airlines stand to lose flying slots under rigid European rules, unless...

8 March 2020 6:53 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.Business
EPFO cuts interest rate to seven-year low of 8.5 per cent

A government official said the retirement fund would have incurred a loss had it retained the interest rate at last...

6 March 2020 2:57 AM IST

Death toll in Chinas coronavirus rises to 56, confirmed cases near 2,000.Business
Basic mediclaim policy covers Covid-19

Most individual health insurance policies cover up to 30 days of pre-hospitalisation expenses and 60 days of post...

6 March 2020 2:55 AM IST

Chennai Port is also setting up Multi Modal Logistics Park at Jolarpet.Business
70 pc of job posts find right match, logistics emerges as strongest...

Among the top three job functions that saw maximum demand for jobs this year were logistics, sales, and customer...

5 March 2020 10:51 AM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
Corona: Sebi assessing situation

Market regulators and central banks across the global are taking measures to mitigate the risk of economies getting hit...

5 March 2020 1:45 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.Business
Fed raises RBI rate cut hopes, bonds gain

The Indian 10-year bond yields fell 12 basis points to close at 6.23 per cent.

5 March 2020 1:41 AM IST

Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders.Business
Supreme Court quashes RBI banking ban on cryptocurrency

In April 2018, RBI gave entities it regulated 3 months to snap all banking relationships with individuals dealing in...

4 March 2020 11:41 AM IST

Monsantos GM cotton seed technology went on to dominate 90 percent of Indias cotton acreage.Business
CCI sells cotton at discount

The corporation is likely to suffer losses on the discounted sales.

4 March 2020 2:02 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.Business
Gold imports down 41 per cent, demand too falls

The demand for gold at the retail level also has fallen significantly in the past two months.

4 March 2020 2:00 AM IST

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