Business

The government owns 51 per cent equity of Pawan Hans, while ONGC holds 49 per cent

New Delhi: The Government Of India on Wednesday said that it has received bids for the divestment of chopper services company Pawan Hans Ltd (PHL). According to Civil Aviation Secretary R.N. Choubey, at present the transaction advisor "is in the process of examining
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High oil prices dent economic development of many countries, says Oil Minister Dharmendra Pradhan.

VIENNA: India, the world's third-biggest oil consumer and importer, on Wednesday urged OPEC nations to fill a supply gap and ensure sustainable oil
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A $2 billion fraud at Punjab National Bank (PNB) may have been perpetrated by a few employees, 54 to be precise, but it couldn't be detected because of prevalent risk-control and monitoring lapses in several areas of the bank, as revealed by the PNB's
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International Yoga Day 2018: Top executives take time out from their busy schedules to stay healthy.

People often assume that if you're hard working , you probably spend hours working at a stretch, and thus often end up ignoring your health. However,
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DIIs bought shares worth a net Rs 653.686 crore on Tuesday.

Snapping two-day losing streak, the stock markets closed Wednesday's session on a positive note, with S-P BSE Sensex rising 260.59 points. BSE Sensex soar 0.74 per cent and closed at 35,547.33. The Nifty50 index rose 62.10 points or 0.58 per

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In past 20 days, the petrol prices have declined by Rs 2.02 in Delhi; diesel prices declined by Rs 1.42

A day after marginal reduction, petrol prices remained steady on Wednesday. Diesel prices, also, were kept same today just as on Tuesday. On Wednesday, petrol is being sold, in Delhi for Rs 76.27 while the prices
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New Delhi: State Bank of India's (SBI) Managing Director B Sriram was appointed as the IDBI Bank's CEO and managing director for a temporary period of three months, according to an official order. He has been appointed in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India (RBI).

The Appointments

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Over 2,300 children separated from their parents at the US-Mexico border between May 5 and June 9

The Donald Trump administration is drawing criticism for separating families with the children while it cracks down on illegal immigrants. The strict anti-
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Customers can avail IRCTC's Dubai tour package on three different dates.

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of six nights and seven days to Dubai and Abu Dhabi from Ahmedabad. The tour will be via economy class of Air Arabia, said the tourism arm of the Indian Railways on its official website
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State Bank of India (SBI), PNB, ICICI Bank, Axis Bank, HDFC Bank offer zero minimum balance accounts.

A basic savings bank deposit (BSBD) account does not require any minimum balance. This account that is generally meant for poor sections of society
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AirAsia India is offering domestic flight tickets at a starting price of Rs. 1,299.

With ongoing summer holidays, air carriers in the country have come up with lucrative flight offers. Airlines are offering discounts and cashback on domestic and
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This is the lowest closing for the rupee since May 23.

Mumbai: The rupee today nosedived 39 paise to hit a near one-month low of 68.38 against the US dollar as escalating trade threats between the world's two biggest economies continued to spiral. Increasing prospects for a full-blown US-China trade war triggered a risk-off atmosphere in many
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Country's headline consumer inflation rose to a four-month high of 4.87% on-year in MayMumbai: The Reserve Bank of India monetary policy committee struck a well balanced note on its rate stance going forward and pointed out increasing inflation pressure due to high oil prices as the crucial reason for raising interest rates in the June conference, according to minutes
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Jio's prepaid plan priced at Rs. 149 now offers 84GBs per day high-speed 4G data.

Reliance Jio recently announced an additional 1.5 GB per day high-speed 4G data offering to every user who recharges with any daily-recurring data pack under a limited
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The RBI has cited at least 10 areas where it has no control over PSBs.

New Delhi: Finance Minister Piyush Goyal today said the government is open to giving more powers to RBI to deal more effectively with frauds like the ones allegedly committed by diamond jeweller Nirav Modi in PNB. Goyal's comment comes within days of RBI Governor Urjit Patel
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Arvind Subramanian had joined Chief Economic Advisor on October 16, 2014.

After spending four years in India as chief economic advisor, Arvind Subramanian left the job to return to America for personal reasons. Mr Subramanian had joined Chief Economic
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The RITES IPO (initial public offering) opened on Wednesday. By 5 pm, the issue was subscribed up to 60 per cent, data on NSE revealed. Over 1.50 crore bids were received out of a total of 2.52 crore. With RITES IPO, the government intends to divest
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Housing loans of up to Rs 35 lakh, for dwellings costing less than Rs 45 lakh, will be treated as PSL

Mumbai: Housing loans of up to Rs 35 lakh, for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending (PSL) to give a fillip to the low-cost segment, the Reserve Bank said today. PSL loans are relatively cheaper than
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As you book train tickets on the website or app of IRCTC (Indian Railways Catering and Tourism Corporation), you will soon not need any third party vendor's bank card or cash wallet because IRCTC is set to launch its own payment aggregator known as
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Buddhist Circuit Special Train: IRCTC's eight-day journey in the two-tier is available for Rs 64,402

If you are planning a trip later in the year and want to blend it with a spiritual sojourn, you can explore IRCTC Tourism's Buddhist Circuit Special
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AirAsia's promotional sale requires flyers to make advance bookings.

AirAsia is offering overseas flight tickets at a starting all-inclusive price of Rs 3,999 on select routes under a new promotional sale. AirAsia's 'Grand Sale' offer is valid on
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The 83-year-old Pune-headquartered Bank of Maharashtra is ranked among the major public sector banks

Pune: In a sudden development, the Economic Offences Wing (EOW) here arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, in a case of Rs 3,000 crore fraudulent loans extended to Pune's DSK Group, an official said
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Overseas, mixed trend in other Asian markets influenced the trading sentiment today.

The Indian rupee staged a recovery from its near 1-month low to trade 32 paise higher at 68.06 against the US currency in early session on Wednesday. Fresh selling of the greenback by banks and exporters supported the Indian

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Mumbai: Following Sandeep Bakhshi's appointment as ICICI Bank Chief Operating Officer on Monday, the private lender on Tuesday appointed N.S. Kannan as the Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company,
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Gold silver prices today: In the national capital, gold of 99.9% and 99.5% purity slipped by Rs 185 each.

New Delhi: Gold on Wednesday fell by Rs 185 to Rs 31,715 per ten gram on muted demand from local jewellers amid a weak global trend. Silver, however, ended steady at Rs 41,000 per kg on scattered demand from industrial units and coin makers,
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South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital
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Crowdfunding is gradually being acknowledged as a profitable and self-sustainable sector.

The ease of raising funds with the aid of technology, without any regulatory hassles, facilitates the emergence of 'crowdfunding'. Crowdfunding can be said as an
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Jet Airways' offer is available only on airline's website and mobile app.

Jet Airways is offering 10 per cent assured discount on flights within India under its '25th anniversary special sale' offer. Airline's 10 per cent discount offer is applicable
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A day after posting considerable losses, S-P BSE Sensex opened 43 points higher on Wednesday at 35,329.60 points. At the same time, NSE's benchmark index Nifty50 edged up by 24 points to trade at 10,734 level in the opening trade today. At 9.44 am, Sensex trades at 35,354.75 points, 68 points, or 0.19 percent
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V Balakrishnan credits NR Narayana Murthy for being an "iconic leader".

HYDREABAD: As IT major Infosys completed 25 years of its listing on the stock exchange, a former senior official of the firm paid rich tributes to the co-founder NR Narayana Murthy
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