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Business
Arun Jaitley defends new GDP series data, claims ‘more credible’
Defending the revised GDP growth rate numbers for the seven years from 2004-05 to 2011-12, Finance Minister on Thursday said that it is far more credible than the growth picture portrayed by…
Stock market update: Sensex surges past 250 Points, Nifty hits 10,800
On Thursday morning, the domestic stock markets opened on a strong footing in line with global peers after the US Federal Reserve signalled that the three-year tightening cycle is drawing to…
SBI hikes fixed deposit interest rates
The largest lender of the country, State Bank of India (SBI), has revised its fixed deposit (FD) interest rates on select maturities with effect from today. This information was mentioned by…
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India explores investment opportunities in Saudi Arabia
India is exploring investment opportunities in the USD 500 billion Futuristic mega-city projects being developed in Saudi Arabia. In a statement, the Commerce and Industry Ministry said,…
New H-1B visa lottery process entails more paperwork; may hit immigrants
A new set of stringent provisions are introduced to the new H-1B visa, by the Trump administration. According to these new provisions, companies hiring foreigners to work in the US through…
Microsoft overhauls Apple to become most valuable US company
For the first time since 2010, Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, overhauls Apple. In 2010 Microsoft had come only second to the…
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Amazon warehouse workers use Black Friday to protest working conditions
On Friday, as Americans scoured the internet in search of shopping deals, Amazon.com warehouse workers in Europe were protesting against the e-commerce giant. In certain areas, employees…
Amazon India announces a Black Friday sale and Cyber Monday sale in the country
Black Friday is the the day after Thanksgiving, it also marks a major holiday sale for people in the US. On a similar note, Cyber Monday is a marketing term coined for the Monday after the…
Amid Kirloskar family feud, forensic audit points to insider trading
The ongoing case of family feud and the consequent legal battle among the promoters of Kirloskar Brothers Ltd comes against the backdrop of an alleged case of insider trading by Atul and…
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Stock market update: Sensex, Nifty falls for third consecutive day
According to the stock market update of today, the markets reversed early gains and closed lower, as a selloff witnessed in financial services, banking, metal and energy spaces weighed.…
Nearly 50% of ATMs may shut down by March 2019, says reports
The Confederation of ATM Industry (CATMi) on Wednesday warned that half of the Automated Teller Machines in India might see a shutdown because of a difficulty in operations by March 2019…
Commercial banks to remain close for three days this week
The commercial banks such as SBI, HDFC, ICICI and PNB will remain closed for three days in some parts of the country, including suburbs of New Delhi, Mumbai and Hyderabad. The good part is…