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Latest News:


SBI To Shut Down 47% Of Associate Banks’ Offices After Merger

New Delhi: State Bank of India (SBI), which will see five associate banks merge into it on April 1, has decided to shut down almost half the offices of these banks, including the head offices of three of them. This process will start from April 24.

Divis Labs

Divis Labs slumps after USFDA import alert

Mumbai: Divi's Laboratories Ltd fell as much as 20 per cent to its lowest since June 6, 2014 after the USFDA issued an import alert on products manufactured at the company's unit II at Visakhapatnam.

At about 10.40 am, the stock was down 17... Read More


Impeached South Korean president removed from office

SEOUL: South Korea's Constitutional Court removed President Park Geun-hye from office on Friday over a graft scandal involving the country's conglomerates, sparking protests from her supporters two of whom were killed in clashes with police.

Park bec... Read More

Motor Racing - Formula One Testing - Bahrain Test Two - Day 4 - Sakhir, Bahrain

SC questions Vijay Mallya on transfer of $40 mn to children

New Delhi: Liquor baron Vijay Mallya, who is presently in the United Kingdom, was on Thursday posed searching questions by the Supreme Court which asked him about the "truthfulness" of his disclosure of assets and transfer of $40 millions to his chil... Read More

Hyderabadi Biryani

‘Hyderabadi Biryani’ fails to get GI tag

Hyderabad: The famous ‘Hyderabadi Biryani’ has failed to secure a GI (Geographical Indications) tag after its applicant could not prove the historical origin and data relating to this delectable dish, with supporting documents, according to the GI re... Read More


Aadhaar data base fully safe and secure, says UIDAI

New Delhi: Dismissing reports of misuse of biometrics data, the government today said Aadhaar-based authentication is "fully safe and secure".

Moreover, subsidy transfers linked to Aadhaar has led the exchequer to save Rs 49,000 crore during the last... Read More


Government may cut down social schemes to improve quality

New Delhi: The government may cut back some of the plethora of socio-economic schemes that have outlived their utility as it uses outcome budgeting to assess the impact of central sector schemes, a top official said.

In a bid to improve quality of pu... Read More


Note Ban: Govt spent Rs 94 cr on ads to popularise e-payments

New Delhi: Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed on Thursday (February 02).

Minister of State for Inform... Read More

tax rate

Income tax exemption limit may go up to Rs. 3 Lakh

New Delhi: The Government is likely to make sweeping recast of direct taxes in the ensuing Budget to give a boost to the economy following demonetisation, says a report.

According to SBI's research report Ecowrap, the upcoming Budget is likely to see... Read More

Circuit Limit

IT stocks fall on Trump’s comments on US visas

Mumbai: Nifty IT index fell as much as 1.51 per cent as US President-elect Donald Trump had on Friday pledged to stop companies from abusing the visa process for foreign workers.

Indian companies have long used H1-B skilled worker visas to fly comput... Read More