Sensex opens marginally lower

Mumbai (IANS) Amid mixed global cues the Sensex on Monday opened marginally lower as the financials traded in the red.

Banking, finance and auto stock on the BSE declined while the consumer durable stocks gained close to 1.50 percent.

The…

Last hour rebound lift equity indices, Sensex ends 113 pts up

Mumba (IANS) Amidst fears over fiscal slippage, the Indian equity market made gains on Monday as buying picked up in the last hour of the day's trade.

According to analysts, healthy buying in specific stocks along with expectations…

Labelling required if GM content over 1%: FSSAI chief

New Delhi (IANS) Notwithstanding the lobbying from pro-GM crop groups, the Food Safety and Standards Authority of India (FSSAI) has decided to go ahead with labeling packaged food products with over one percent of Genetically Modified ingredients.

CBI arrests PNB manager for corruption

Dehradun (IANS) The Central Bureau of Investigation (CBI) has arrested a senior manager of the Punjab National Bank (PNB) here for allegedly taking a bribe of Rs 40,000 from a cement trader, CBI sources said on Sunday.

Rajkumar,…

Reversing declining trend, GST revenue Rs 1,02,503 cr in January

New Delhi (IANS) Reversing the declining trend of two months, the revenue collection under the Goods and Services Tax (GST) showed a marked improvement in January and stood at Rs 1,02,503 crore, crossing the Rs 1-lakh crore-mark only for the third…

Reversing declining trend, GST revenue Rs 1,02,503 cr in January

New Delhi (IANS) Reversing the declining trend of two months, the revenue collection under the Goods and Services Tax (GST) showed a marked improvement in January and stood at Rs 1,02,503 crore, crossing the Rs 1-lakh crore-mark only for the third…

Goyal announces pension scheme for unorganised sector workers

New Delhi (IANS) Finance Minister Piyush Goyal on Friday announced the "Pradhan Mantri Shram Yogi Mandhan", a scheme to provide assured monthly pension of Rs 3,000 per month for workers in the unorganised sector.

While presenting…

Tech firms hail focus on AI, rural manufacturing

New Delhi (IANS) Hailing the Interim Budget, tech companies on Friday said the focus on leveraging digital technologies will boost rural manufacturing and create jobs.

"The focus on leveraging emerging technologies like Artificial Intelligence…

Denmark's Danfoss to invest Rs 70-Rs 100 crore in TN plant

Chennai (IANS) Danish company Danfoss A/S has decided to expand its Indian plant near here with an investment of Rs 70-Rs 100 crore to manufacture low voltage drives, a top company official said.

He said that Danfoss, which has a turnover of…

Facebook paid teenagers $20 to access their data: Report

San Francisco (IANS) Facebook has been secretly paying people to install a "Facebook Research" Virtual Private Network (VPN) that lets the company access user's data.

According to a TechCrunch report, the social…