Business & Economy

India has been ranked sixth in the list of wealthiest countries with total wealth of $8,230 billion, while the United States topped the chart, says a

Facebook-owned instant messaging platform WhatsApp rolled out a feature that connects small businesses with customers. Currently, only Android users c

The Centre sanctioned projects over 10,000 crore rupees in the North East for better network connectivity. Two MoUs have been signed to cover the unco

Senior sports administrator Anil Khanna was named Chairman of the Finance Commission of the Indian Olympic Association, which also formed a four-membe

India has emerged as a top borrower from the China-sponsored Asian Infrastructure Investment Bank (AIIB) with USD 1.5 billion worth of loans last year

Reliance Jio Infocomm Ltd is planning to create its own cryptocurrency, JioCoin. The Jio coin project is being led by Mukesh Ambani’s elder son

China-led Asian Infrastructure Investment Bank (AIIB), in which India is a second largest shareholder, plans to issue its first US dollar-denominated

Under pressure from the government, State Bank of India is understood to be reviewing its minimum balance requirement which is currently Rs 3,000 in u

Baba Budangiri, 250 km from Bengaluru, where coffee was first grown in India, is going for Geographical Indication (GI) of its variety of the Arabica

National Mission for Clean Ganga (NMCG) approved five projects worth Rs. 295.01 crore. Three projects pertain to sewage management in West Bengal

Pankaj Jain, Joint Secretary in the Department of Financial Services (DFS) assumed charge as the Managing Director of India Infrastructure Finance Com

IT services major Infosys on 23 Dec said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Roha

Banks lost a whopping Rs 16,789 crore on account of frauds in the last fiscal, the finance ministry said in the Lok Sabha on 22 Dec. The Reserve Bank

The Cabinet Committee on Economic Affairs has given its approval for a new skill development scheme covering the entire value chain of the textile sec

Only 1.6% actually paid income tax. Nearly 50% of tax assessees who filed a return declared zero taxable income. Reports released by the income tax

Ola, operated by ANI Technologies Pvt. Ltd has acquired food delivery start-up Foodpanda India Pvt. Ltd from its German parent Delivery Hero AG in an

Taking a strong action against Airtel for alleged misuse of customer information, the Unique Identification Authority of India - UIDAI has temporarily

The Federal Reserve raised interest rates by a quarter of a percentage point on 13 dec, as anticipated, but left its rate outlook for the coming years

Federal wildlife officials say they are reviewing the status of a sea turtle that lives in the northwestern Atlantic Ocean to see if it should be list

Direct Tax collections for the current Financial Year 2017-18 show Growth of 14.4 per cent up to November, 2017; Country's foreign exchange reserv

India's foreign exchange reserves have also increased by USD 1.2 billion to touch USD 401.942 billion in the week to December 1, according to the

The Securities and Exchange Board of India (Sebi) proposes to permit mutual funds (MFs) and portfolio managers (PMs) to participate in exchange-traded

RBI Governor Urjit Patel said that the recent reforms undertaken will help pick up the rate of growth.He said that Bank recapitalization plan is a ref

The newly-constituted 15th Finance Commission held first meeting on 4 Dec and decided to involve think-tanks in drawing up its report that will primar

On 30Nov, IT giant Infosys announced the appointment of Salil S Parekh as the new CEO (Chief Executive Officer) and MD ( ManagingDirector) of the comp

The Australia-based entrepreneur, who is studying in 7th grade, has so far developed five apps including the one to save turtles, and is currently wor

Every time her client hangs up, the young woman from Hyderabad goes to the washroom and weeps. Then she dries her eyes and returns to her desk to pick

In the days after demonetisation, thousands handled their hidden cash by dumping the currency in banks, filing a revised income-tax return, and forkin

Ride-hailing firm Uber will partner with automaker Mahindra and Mahindra to pilot electric vehicles on its platform in India, the two companies said o