Facebook ‘youth team’ to focus on Messenger Kids app for under-13s
Facebook is restructuring its “youth team” with a greater focus on Messenger Kids, its instant-messaging app for under-13s, reports say. The team, a small group within the company responsible for getting children to use the social network, had previously been…
Seven students from Gujarat among top 50 in CA intermediate
Seven students have scored All India Rank among top 50 in Chartered Accountants Intermediate Examination held in November 2018. While the topper of the state, belonging to Ahmedabad, has scored AIR 10, two students from Surat and Rajkot have scored…
Jewar Airport gets big infra wings from Yogi Adityanath government in UP Budget
UP Budget 2019-20, CM Yogi Adityanath-led government gave big infra wings to Jewar Airport. UP government has earmarked whopping Rs 800 crore for Jewar Airport. The airport which has become talk of the town in terms of development projects in…
SBI to reduce home loan rates
Within a day of RBI reducing repo rate by 25 basis points, the country’s largest lender State Bank of India on February 8 announced a cut in interest rates by 5 basis points on its home loans up to Rs…
Switzerland set to transfer details of Indian account holders in HSBC
The transfer of banking details of accounts held by Indians in HSBC (Suisse) by Swiss authorities has become imminent with account holders receiving a communication from the Swiss Federal Tax Administration (FTA) to provide their written consent and a Swiss…
Government requested the Reserve Bank of India to provide an interim surplus
Government requested the Reserve Bank of India to provide an interim surplus during the ongoing financial year 2018-19 from the amount withheld in the two previous fiscals, Minister of State for Finance P Radhakrishnan said in the Rajya Sabha. RBI…
IDBI may now become LIC Bank
The board of IDBI Bank Monday proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank following its takeover by Life Insurance Corporation. Last month, the insurance behemoth completed the acquisition of 51 per…
Daughters are special: Amitabh
Bollywood Actor Amitabh Bachchan on Monday penned a heartfelt post for his daughter Shweta Bachchan Nanda as her debut novel “Paradise Towers” has become one of the best-selling fiction books. Praising Shweta for the achievement, Big B took to social…
SBI denies reports of data leak
With the recent news hitting that State Bank of India (SBI)’s information related to bank balance, bank account number and other key bits were leaked but has rebutted reports that data of its customers got leaked. “In the incident that has…
Amazon suspends grocery service; withdraws multiple products after new policy
Amazon and Flipkart, multiple products have already vanished from Amazon India website within days of policy implementation. The estimated number of products taken off goes up to 4 lakh, As per Hindi newspaper Amar Ujala, products taken off goes up…
Fresh plans for Air India strategic sale, likely soon
The government would also tap firms that have to meet their minimum public shareholding target of 25% and has sets a disinvestment target of Rs 90,000 crore for FY20. This is “achievable,” said Chakraborty, adding that 10 companies have been…
Budget 2019 full speech
Finance Minister Piyush Goyal in his Budget 2019 speech on February 1, 2019. The budget, the last before April-May Lok Sabha election. “Madam Speaker, I rise to present the Interim Budget for the year 2019-20. I am deeply conscious of the absence…
RCom, Anil Ambani, owed banks $7 billion, moves to bankruptcy Tribunal
Reliance Communications (RCom) on Friday said it will seek fast track resolution through National Company Law Tribunal, the court that deals with bankruptcy cases, to resolve its debt position. RCom, controlled by businessman Anil Ambani, owed banks $7 billion as of…
GST Collections Cross Rs. 1 Lakh Crore In January : FM
The government said on Thursday that GST or Goods and Services Tax collections crossed Rs. 1 lakh crore in January. The Ministry of Finance said that the increase has been achieved despite various tax relief measures implemented by the GST Council to…
Details about Interim budget 2019
This will be BJP goverment’s last budget on February 1 before the upcoming Lok Sabha elections, which will be held in April-May this year. The Union finance ministry has issued a clarification that the budget will be called interim budget amid…
SBI leaks bank balance and other details of millions of customers
A report on Wednesday revealed that the SBI forgot to secure a key server hosting sensitive information in one of its Mumbai installations and that the server might have leaked details of millions of bank accounts. It has been presumed…
Nifty above 10,700, Sensex up 300 points
Benchmark indices opened higher on Thursday with Nifty trading around 10,700. Sensex is up 205.23 points at 35796.48, while Nifty is up 44.40 points at 10696.20. About 532 shares have advanced, 242 shares declined, and 26 shares are unchanged. Tata…
India improved its ranking in Global Corruption Perceptions Index, ranks 78th
India has grabbed the 78th spot on the Global Corruption Perceptions Index 2018, said a report released by Transparency International (TI) on Tuesday. So, India improved its ranking in Global Corruption Perceptions Index. Corruption Perceptions Index (CPI) is an index published annually by…
50% discount on domestic, international flights on Jet Airways
To grab customers the full-service carrier Jet Airways has announced a sale under which customers can grab a 50% discount on domestic and international flights. Under its ‘Republic Day Sale,’ the carrier is offering customers a discount of up to 50% on…
Soon you will able to Switch DTH providers without changing Set Top Box : Trai
Telecom Regulatory Authority of India (Trai) has said that it is planning to make all the set-top boxes (STBs) interoperable by the year-end. Last year, the Trai had introduced some radical changes to the pricing of DTH operators, introduced new…
Rupee gained in the early trade today
Indian rupee gained in the early trade on Monday. It opened higher by 18 paise at 71 per dollar versus Friday’s close 71.18. Rupee broadly consolidated in a wide range of 70.70 and 71.40 (Spot) for the tenth successive sessions despite plunge in…
Finance minister Piyush Goyal to meet heads of PSU banks today
Finance Minister Piyush Goyal will meet the CEOs of public sector banks Monday to take a stock of the banking sector, and discuss ways to improve their financial health, sources said. The meeting assumes significance as it comes just three…
Vodafone ‘pauses’ Huawei deployment in core network
Vodafone, the world’s second largest mobile operator, said it was “pausing” the deployment of Huawei equipment in its core networks until Western governments resolve concerns about the Chinese firm’s activities. Huawei faces increasing scrutiny over its ties with the Chinese…
Walmart and Amazon from the e-commerce eco system have sought a six-month extension
The government’s drastic intervention in e-commerce at the behest of vested domestic interests and the powerful traders lobby has created consternation in the bulge bracket world of e-commerce in India. With the big players having reached out to the Government…
India and China affecting the world economy Global trade and financial systems should be relooked
German Chancellor Angela Merkel on Wednesday said countries like India and China have begun affecting the world economy much more today and that needs to be taken into account for having a relook at the global trade and financial systems….
Paytm may enter 2 more developed markets in 2019, Says CFO
Digital payments company Paytm is considering foraying into 1-2 more developed markets in 2019, Chief Financial Officer Madhur Deora said on Wednesday at the World Economic Forum in Davos. Paytm has already found its footing in Canada and Japan, and…
India jumps to 54th spot in world’s most innovative countries list
According to Bloomberg report, India as a largest emerging economy did not find a place in 2018, but it made an entry in 2019 and stands at the 54th spot. The 2019 Bloomberg ranking process began with more than 200…
Vodafone plans $3.5 bn war chest to fight against Jio
Vodafone Idea plans to raise as much as Rs 25,000 crore ($3.5 billion) via a rights offering to help India’s largest mobile-phone carrier fend off Asia’s richest man, who continues to roil the industry by providing 4G Internet at prices…
TRAI’s new rules for DTH to reduce Bills
After February 1, 2019, subscribers will be pay only for the channels they have chosen to watch on their dish TV or cable connection, rather than being bound by packs decided by the DTH companies or cable operators. TRAI’s new…
Fuel Price up again
The fuel prices on Wednesday went further up, with petrol being sold at Rs 71.27 per litre and diesel is at Rs 65.90 per litre in Delhi. In Mumbai, the prices of petrol and diesel are Rs 76.90 per litre and Rs 69.01 per litre respectively. While petrol…