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Business
India’s Petroleum Consumption Falls For First Time In 21 Years
New Delhi: With the COVID-19 pandemic halting businesses and factories for several months during nationwide lockdown, India’s consumption of petroleum declined for the first time in 21 years.
Demand for petroleum in India, one of the…
PNB Fraud Case: Nirav Modi’s Sister, Brother-In-Law Turn Approvers, To Testify Against Businessman
London: Nirav Modi’s younger sister Purvi Mehta and his brother-in-law Maiank Mehta will testify against the fugitive diamantaire after they turned approvers in the Rs 13,500-crore Punjab National Bank (PNB) fraud case in which Modi is the…
Record GST Collection Shows Our Economy In Recovery Path: Finance Secretary
New Delhi: Finance secretary of India AB Pandey said that the huge collection of Goods and Service Tax (GST) shows that India’s economy is on recovery path and government should be given credit for bringing changes at the system level for…
Reliance Industries, Chairman Mukesh Ambani Fined Over Share Trades
Mumbai: India's markets regulator slapped a fine of 250 million rupees ($3.42 million) on Reliance Industries and Rs 150 million on its chairman Mukesh Ambani on Friday for fraudulent trades while selling a stake in a subsidiary in 2007.…
RBI Introduces ‘Positive Pay’, A System To Prevent Cheque Fraud; Know How It Works
Mumbai: The ‘Positive Pay’ system for cheque transactions above Rs 50,000 came into force on January 1. The Reserve Bank of India (RBI) has decided to implement it to enhance safety of cheque-based transactions.
So what is the Positive Pay…
Give A Missed Call On This Number For Indane LPG Refill, New Connection
Bhubaneswar: Next time you have to book an Indane LPG just dial 8454955555 from registered mobile number and the refill will reach your doorsteps.
Facility for booking LPG refill by giving a missed-call has been rolled out pan-India and…
SBI To Sell Electoral Bonds from January 1
Delhi: The State Bank of India (SBI) has been authorised to sell and encash electoral bonds from January 1, a Finance Ministry statement said on Tuesday.
The bonds will be sold through SBI's 29 authorised branches and the parties can…
Tata Steel BSL Bags Energy & Environment Foundation Global Sustainability Award 2020
Narendrapur: Tata Steel BSL has received the prestigious “Energy and Environment Foundation Global Sustainability Award 2020” in Platinum category.
On behalf of Tata Steel BSL, Chief Operating Officer of the company Subodh Pandey received…
Deadline For Bidding Ends Today: Who Will Buy Air India?
New Delhi: The deadline for bidding for India's national carrier Air India ends on Monday. So who will take over? Will it be Tata, Adani, Hinduja or a group of 209 Air India employees backed by a financier?
The government has been trying…
RTGS Facility To Be Available 24X7 From Tonight
Bhubaneswar: India will emerge as one of the few countries in the world when the Real Time Gross Settlement System (RTGS) will be available 24x7 from Sunday midnight.
In a release, the Reserve Bank of India stated that the RTGS has come…