June 17, 2019 | 8:51 AM IST
Retaliatory tariff

India to impose retaliatory tariff on 29 goods imported…

A year after deciding to impose retaliatory tariffs on 29 goods imported from the United States of America, India will finally bring it into practice…

TCS

Over 100 TCS employees Rs 1 crore salary in FY 19

IT major Tata Consultancy Services (TCS) has over 100 employees who joined the gang of crorepatis by earning Rs 1 crore and above in the Financial Year…

loan repayment

RBI makes loan repayment cheaper; Scraps NEFT, RTGS…

The Reserve Bank of India (RBI) headed by its Governor Shaktikanta Das has reduced the key repo rate by 25 basis points to 5.75 per cent from 6.0 per…

sfio issue

SFIO issues lookout circulars against six IFIN former…

India’s Serious Fraud Investigation Office (SFIO) has opened lookout circulars (LOCs) against six former directors of IL&FS Financial Services (IFIN).…

paytm-coverfox

Paytm may acquire Coverfox for $10-12 Mn despite initial…

Speculations are rife that the online payment giant Paytm may acquire Coverfox for $10 Mn - $120 Mn in an all-cash deal in an attempt to maintain strong…

foreign investment

Singapore is India’s top FDI source

The Foreign Direct Investment (FDI) inflows from Singapore were twice that from Mauritius during the last financial year as companies opted to route funds…

currency monitoring

US remove India from currency monitoring watchlist

In a major development, the US government has removed India from its currency monitoring watchlist. The US Treasury Department excluded India from the…

Banking

PNB betters its net losses than last year

The Punjab National Bank (PNB) on Tuesday reported a loss of Rs 4,750 crore for the quarter that concluded on March 31. It was a better performance from…

fb stablecoin

FB could launch its stablecoin by 2020

Social media giant Facebook is attempting to launch its own digital currency by next year. For this it has been in touch with the United States of America…

market high

Stock market soars high as BJP takes lead in poll…

It is good news for bullions as the Indian equity benchmark soars in anticipation of Narendra Modi led government in the centre. The BSE sensex rose 40,054.42…

Market

RIL boos IOC; Becomes #1 in revenue profit and market…

Mukesh Ambani’s Reliance Industries Limited (RIL) has tipped state-owned Indian Oil Corporation (IOC) to become India’s biggest company by revenue in…

wipro hands

Wipro hires hands, eyes govt sector

In order to boost its revenue from its India State Run Enterprise, which is currently suffering negative operating margins; Wipro is now eyeing government…