India: News

Ajay Shirke demands CBI probe into Pune pitch fiasco

Sacked BCCI secretary Ajay Shirke has called for a CBI enquiry into the 'controversial' Pune pitch used for the first test between India and Australia.

01 Mar 2017

Reuters

Indian GDP numbers announced, leave experts flummoxed

Official GDP numbers released yesterday show the Indian economy's annual gross domestic product growth for the October-December quarter clocked 7 per cent.

01 Mar 2017

Terrorism Act

CBI Court sentences SIMI Chief to life

Safdar Nagori, Chief of 'Students Islamic Movement of India' (SIMI) along with 10 members of the terrorist outfit have been sentenced to life imprisonment by a special CBI court in Indore.

28 Feb 2017

CAT

Govt's healthcare benefit for retired workers from April 1

Starting April 1, all retired industrial workers will be covered by a super-speciality health insurance package worth Rs. 15 lakh as part of a proposal by the Centre.

26 Feb 2017

Morgan Stanley

New CFO-backed Flipkart returns to the game

India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.

After solar, wind power tariffs fall to record low

Wind power tariffs in India fell to a record low in a government auction for 1 gigawatt projects, weeks after solar power tariffs had also marked similar lows at an auction.

25 Feb 2017

Amazon Prime Video

Netflix, Prime open up avenues for Bollywood production houses

Online on-demand entertainment platforms are opening up new revenue streams for a wide variety of media content.

24 Feb 2017

Bharti Airtel

Airtel acquires India operations of Telenor, shares soar

Bharti Airtel shares rose 11% after it confirmed taking over the India operations of Norwegian Telenor.

23 Feb 2017

IDBI Bank

IDBI to manage losses by selling non-core assets

State-owned lender, IDBI Bank Ltd's board will sell some of its non-core assets to manage a gross bad loan ratio of 15.16% in December-end.

22 Feb 2017

ITC Limited

Budget fallout - Cigarette prices hiked by ITC

India's largest cigarette maker ITC is all set to increase the price of its leading product range by as much as 13% as a fall out of the excise duty hike proposed in the Budget early this month.

22 Feb 2017

World

India, EU face-off over trade treaty

India may reject a proposal by the EU to sign a stand-alone Bilateral Investment Treaty with the bloc, as a precursor to the stalled Broad-based Trade and Investment Agreement.

20 Feb 2017

Indian Army

India looks to the moon to solve energy problems

According to Sivathanu Pillai, a distinguished scientist from ISRO, all of India's energy requirements are likely to be met by extracting resources from the moon by 2030.

20 Feb 2017

American Express

BharatQR code launched today for seamless payments

To enable seamless retail payments, the government today launched BharatQR code. The quick response (QR) code will enable digital payments without card swiping machines.

Delhi: Former athlete caught with drugs worth Rs. 50 cr

Delhi police arrested former international athlete along with two other people having with 25 kilogram of Mephedrone drug (popularly known as meow-meow).

Rs. 2000 notes printed when Rajan was governor

Reports revealed that even though the Rs. 2000 bears the signature of current RBI governor Urjit Patel, the printing began when Raghuram Rajan was in office.

17 Feb 2017

Asia Cup

India to play Pak in Emerging Cup, Bangladesh

India and Pakistan will play each other in an U-23 ODI tournament, the Emerging Cup, to be held in Bangladesh.

Wife approaches SC to ban pornography sites

Supreme Court has received a petition from a Mumbai-based woman requesting the court to ban obscene sites.

16 Feb 2017

Aditya Birla Group

25K telecom jobs at risk in the next eighteen months

While telecom giants negotiate merger deals with each other, as many as 25,000 telecom professionals stand to lose their jobs in such acquisitions.

15 Feb 2017

India

Government will increase spending on IT

A report by global research firm Gartner indicates that the Indian government will significantly increase its spending on information technology in 2017.

The debate of real Khadi

The Fabindia-KVIC tussle has opened a larger debate i.e. what is 'real khadi'?

14 Feb 2017

Apple Store

iPhones become the latest casualty of demonetization

Apple's revenue and sales targets for India are in jeopardy as iPhone sales have plummeted since the demonetization.

SEBI will allow new players in the commodity derivatives market

The Security Exchange Board of India (SEBI) will allow India's commodity derivatives market to new participants in a phased manner.

13 Feb 2017

GST

Used cars sales fall by 42% due to demonetization

The used car market in India is struggling for more customers as top players are clocking losses after the demonetization drive.

13 Feb 2017

INS Vikramaditya

INS Sarvekshak: First naval warship to run on solar energy

For the first time in India, a naval warship has had solar panels installed on it.

12 Feb 2017

Business

Government announces plans for a start-up district

India is set to have its first start-up district in Dakshina Kannada.

11 Feb 2017

Aero India

Bengaluru might gift India its first indigenous jet engine

India's first jet engine, developed by a team of 11 from Poeir Jets Private Limited, was fired on February 8. It will be submitted for certification in about 24 weeks.

10 Feb 2017

Vikas Swarup

Pak trying to deflect attention by nuclear city allegations: India

India laughed off Pakistan's claims that India was building a secret nuclear city.

10 Feb 2017

2020 Tokyo Olympics

We want to qualify for Olympics: Cycling Federation Secretary

Applauding the medal winners at the Asian Track Championship, Secretary General of Cycling Federation of India (CFI) Onkar Singh said that their aim is to qualify for the upcoming 2020 Tokyo Olympics.