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  • McDonald's India faces flak for serving Halal meat
    New Delhi, August 23 (IANS): After food delivery platform Zomato, McDonald's is now facing a major backlash from Twitterati over whether the fast food company serves Jhatka or Halal meat to its customers. After a Twitter user asked McDonald's…
  • Act on global cos abusing Indian firms: Sitharaman to CCI
    New Delhi, August 23 (IANS): Finance Minister Nirmala Sitharaman on Friday asked fair market regulator the Competition Commission of India to guard Indian businesses and consumers against foreign companies, which have no presence in India, by taking…
  • Big relief for markets as controversial FPI levy rolled back
    New Delhi, August 23 (IANS): Finance Minister Nirmala Sitharaman on Friday announced the roll back of the controvertial tax surcharge on the Foreign Portfolio Investment (FPIs) announced in the Budget last month. "The enhanced surcharge levied by…
  • India Inc grows impatient as economy dips and Modi is distracted
    India Inc grows impatient as economy dips and Modi is distracted
    A general view of Mumbai's central financial district on June 13, 2017. (REUTERS File Photo)     MUMBAI, August 23 (Reuters): When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-…
  • Khadi industry likely to cross Rs 10k cr turnover in 5 yrs
    Mumbai, August 23 (IANS): The khadi industry in India is expected to cross Rs 10,000 crore turnover in the next five years, Khadi and Village Industries Commission (KVIC) Chairman Vinai Kumar Saxena said on Thursday.   The target for this year is…
  • Complainant Aircel-Maxis case ironically named in IL&FS case
    New Delhi, August 23 (IANS): C. Sivasankaran who has been nailed by the Serious Fraud Investigation Office (SFIO) in the IL&FS loan fraud is ironically the original complainant in the Aircel-Maxis in which former Finance Minister P Chidambaram…
  • How fraudsters attempt to cheat OLX, Quikr users
    How fraudsters attempt to cheat OLX, Quikr users
    New Delhi, August 22 (IANS): If you are planning to sell your old refrigerator or air conditioner on OLX or Quikr, first make sure that you understand all the nitty-gritties of digital transactions as fraudsters often target users of these platforms…
  • What caused RBI to shift from convention on rate cut
    What caused RBI to shift from convention on rate cut
    The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai on February 2, 2016. (REUTERS File Photo)     Mumbai, August 22 (IANS): The Reserve Bank of India had raised quite a few eyebrows when it announced…
  • 'Centre to complement RBI's efforts to beat slowdown'
    New Delhi, August 22 (IANS): The government is expected to take policy measures to complement Reserve Bank of India's rate cut for reversing the slowdown in economy, NITI Aayog Vice Chairman Rajiv Kumar told IANS.   "The RBI Governor has himself…
  • Indians pawning the family gold amid credit crunch
    Indians pawning the family gold amid credit crunch
    An employee weighs gold ornaments inside a Muthoot Fincorp branch in Mumbai on August 21, 2019. *REUTERS Photo)   AURANGABAD/MUMBAI, August 22 (Reuters): Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the…
  • India's July petrol imports hit highest in at least eight years
    India's July petrol imports hit highest in at least eight years
    New Delhi, August 22 (Reuters): India’s July crude oil imports declined from a year earlier, while petrol imports climbed to their highest since at least April 2011, data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) showed on…
  • UAE will be first Middle East country to issue RuPay card
    Abu Dhabi, August 22 (IANS): The UAE will be the first country in the Middle East to witness the launch of the RuPay card, "an Indian indigenous equivalent of Mastercard or Visa", during the visit of Indian Prime Minister Narendra Modi this weekend…
  • Economy doesn't need fiscal stimulus to tackle slowdown: CEA
    New Delhi, August 22 (IANS): Chief Economic Advisor (CEA) K. Subramanian on Thursday said the Indian economy does not need a fiscal stimulus to tackle the ongoing economic slowdown.   Speaking at the Hero Mindmine Summit that brings together…
  • Tata Motors hits 52-week low after scrips fall over 10%
    Mumbai, August 21 (IANS): Amid weakness in the auto sector, a sharp fall was seen in the Tata Motors stocks on Wednesday which slipped over 10 per cent, touching its 52-week low. At 2.51 p.m., Tata Motors was trading 9.25 per cent lower at Rs 112…
  • Parle may lay off 10,000 employees
    Mumbai, August 21 (IANS): Popular Indian biscuit maker Parle Products may cut up to 10,000 jobs owing to the prevailing macro-economic situation, according to a company executive.   Rural distress has taken a heavy toll on fast moving consumer…
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