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China has designed a strategy to intrude into Indian banking sector: CAIT

China has designed a strategy to intrude into Indian banking sector: CAIT

18-08-2020  comments

New Delhi (IANS) The Confederation of All India Traders (CAIT) has strongly criticized ICICI Bank for allowing Peoples Bank of China to invest in the bank despite strong sentiments prevailing in the country against China and its anti-India policies.

Petrol prices now on the run while diesel remains steady

Petrol prices now on the run while diesel remains steady

17-08-2020  comments

New Delhi (IANS) After a long pause, it's now the turn of petrol to face a regular increase in retail prices while diesel prices are remaining steady.

In the national capital, petrol prices rose for the second consecutive day by 16 paise…

97 percent of Income Tax work force feeling left out

97 percent of Income Tax work force feeling left out

17-08-2020  comments

New Delhi (IANS) The employee associations of Income Tax have said that the restructuring carried out in the Department to implement the Faceless Assessment Scheme is making 97 percent of the workforce feeling left out.

The Joint Council of…

IT services, RIL among beneficiaries as digital dominates India Inc's commentary

IT services, RIL among beneficiaries as digital dominates India Inc's commentary

17-08-2020  comments

New Delhi (IANS) IT services companies, automation firms and new economy plays like Reliance Industries Limited (RIL) will be the key beneficiaries of India Incs renewed digital push.

According to a research report by foreign brokerage Bernstein,…

Petrol prices rise across metros after 47-day halt

Petrol prices rise across metros after 47-day halt

16-08-2020  comments

New Delhi (IANS) After a pause of over 45 days, petrol prices rose across the four metros on Sunday.

In the national capital, the fuel was sold at Rs 80.57 per litre, 14 paise higher than the previous level. Petrol price was at Rs 80.43 in…

Air India filling GM posts when it is up for sale

Air India filling GM posts when it is up for sale

16-08-2020  comments

New Delhi (IANS) Air India is embroiled in another controversy with the selection process of eight GM (Ops) at a time when it is up for sale.

Sources say that at a time when Air India has initiated pay cuts, citing financial difficulties, the…

Tata group may take Air India's control by Jan 1 if it is sole eligible bidder

Tata group may take Air India's control by Jan 1 if it is sole eligible bidder

16-08-2020  comments

New Delhi (IANS) The buzz in aviation circles is getting louder that the Tata group could be in the Air India's cockpit as early as the New Year, if it is the sole eligible bidder for India's national carrier.

If the Tata bid is put…

US stocks end mixed following jobless claims data

US stocks end mixed following jobless claims data

14-08-2020  comments

New York (IANS) US stocks closed mixed as investors digested the newly-released unemployment data.

On Thursday, the Dow Jones Industrial Average decreased 80.12 points, or 0.29 per cent, to 27,896.72. The S&P 500 fell 6.92 points, or 0.20 per…

Equity indices in green, Sensex crosses 38,500

Equity indices in green, Sensex crosses 38,500

14-08-2020  comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Friday with the BSE Sensex surpassing the 38,500-mark during the initial trade. Healthy buying was witnessed in healthcare, capital goods and energy stocks.

At 10.03 a.m.,…

Top Yes Bank official used to handle work of Rana Kapoor's firm: ED

Top Yes Bank official used to handle work of Rana Kapoor's firm: ED

14-08-2020  comments

Mumbai (IANS) The Enforcement Directorate (ED), probing the alleged Rs 3,700 crore Yes Bank fraud case, claims that Varun Manmohan Kapur, the bank's then President, Financial and Investment Strategy, also used to handle the work of other companies…

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