Business
US Fines HSBC USD 175 Million for Lax Forex Oversight
An internal review by HSBC, which cooperated with authorities, also found traders attempted to manipulate foreign currency benchmark fixes and market prices generally by colluding with traders at other banks.
Government to Borrow Rs 2.08 Lakh Crore from Oct-March, in Line With Budget Outlay
Arun Jaitley set a target for the fiscal deficit at 3.2% for the fiscal and the borrowings are meant to finance this. However, countering the slowdown will mean exceeding this target. Most analysts have said that the government could go up to 3.5%.
Donald Trump Administration May 'Review' US Govt Contracts Outsourced to Indian IT Giants
At present, Cognizant, Tata Consultancy Services and Infosys are among Indian firms working on US government contracts.
India Likely to be USD 6 Trillion Economy in 10 Years: Morgan Stanley
According to global brokerage Morgan Stanley, India's digitisation drive would provide a boost of 50-75 basis points to GDP growth in the coming decade.
Andhra Pradesh Pegs Polavaram Water Project Estimate at Rs 58000 Cr, up From Rs 16000 Cr
Talking to reporters after meeting several Union ministers here, Naidu said the state had sent a revised estimate for the project and that it had been pending with the Central Water Commission.
Govt Starts Dumping Probe of Select Steel Bar, Rod Import
Six domestic companies, including JSW Steel, Sunflag Iron and Steel, Usha Martin and Gerdau Steel India, had submitted an application with the Directorate General of Anti-dumping and Allied Duties (DGAD) for initiation of anti-dumping investigation and im...
Infosys Foundation Signs Rs 5 cr-MoU With IISc
Infosys Foundation Chairperson Sudha Murthy said in Bengaluru the philanthropic arm of the global software major aims to set milestones in the area of research of infectious diseases with this MoU.
NITI Aayog to Prepare Roadmap for Making Lightweight Body Armours
The official said Niti Aayog will drive implementation of the recommendation of its draft note on "incentivising" domestic manufacturing of lightweight body armours for the Army and para-military forces.
Government Seeks Asset Valuer for Air India Stake Sale
The Union Cabinet has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart out the future course of action.
5 Ways You Can Save a Chunk of Your Pocket Money
Here are 5 ways that’ll help you not only save a chunk of your pocket money besides making it last slightly longer than usual
22 Lakh GST Returns Filed Till 6 pm, Deadline Ends Midnight
This is the second month of return filing under the Goods and Services Tax (GST) regime and similar to last month, businesses thronged the GST Network portal on the last day to pay taxes.
Thyssenkrupp, Tata Steel Agree to Forge Europe's No. 2 Steelmaker
The deal will not involve any cash, Tata Steel said, adding that both groups would contribute debt and liabilities to achieve an equal shareholding and remain long-term investors.
Nifty Hits Fresh High of 10,178.95, Sensex up 100 Points
Rising for the ninth day, the 30-share Sensex advanced by 100.35 points, or 0.30 per cent, to 32,524.11. The gauge had risen 761.79 points in the previous eight straight sessions.
5 Reasons That Can Get Your Home Loan Application Rejected
Here are a few reasons that may lead to the rejection of your home loan and thus must be paid attention to at the time of applying for a home loan.
Sensex Advances 30 Points to Extend Gains for 7th Day
The 30-share Sensex had opened lower and the day’s low of 32,138.38 in early deals. However emergence of buying in the last hour of the trade helped the index wipe-off losses and close up 30.68 points, or 0.10 per cent at 32,272.61.
What is Cash Credit Facility?
Cash credit loans are obtained for a duration of 1 year and the amount varies from person to person depending upon the person’s credibility in the past along with the structure of assets and liabilities of the company/business.