Business - Page 318

New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike…

New Delhi: Inflation based on wholesale prices shot up to 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price Index…

New Delhi: The tax department will seek share purchase agreement from Flipkart on the mega USD 16 billion buyout by US retail giant Walmart to assess the tax liability and also to…

New Delhi: The Reserve Bank of India (RBI) has declined to share inspection reports for scam-hit Punjab National Bank (PNB), citing RTI clauses that bar disclosure of details which may impede the…

New Delhi: The Department of Telecom (DoT) today approved the merger of Telenor India with Bharti Airtel, according to an official source. “The DoT has approved merger of Telenor India with Bharti…

New Delhi: Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring. The…

Chandigarh:Banks in the northern region are grappling with currency shortage due to panic withdrawals from customers. According to the bankers, there has been a spurt in cash withdrawals by at least 10-20%…

New Delhi: The government disposed off Foreign Direct Investment (FDI) proposals worth Rs. 3,250 crores in the month of April. In an official note, the Department of Economic Affairs stated that a…

New Delhi :Growing at the slowest rate in five months, industrial output grew by 4.4% in March, which industry attributed to lack of appetite for investment. Industrial growth for the month was…

Shanghai: Chinese e-commerce giant Alibaba said that it had purchased leading Pakistani online retailer Daraz, continuing its overseas expansion by gaining a foothold in the growing South Asian consumer market. The move…