Post-poll: Brace for up to Rs 5 and Rs 3 per litre raise in petrol, diesel prices

New Delhi (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking to raise the retail price of the two transport fuels between Rs 3-5 per litre in phases and make…

Dollar edges down amid rising Yen

New York (IANS) The US dollar dipped slightly against its major rivals in late trading on Monday amid traders' growing appetite for the Japanese Yen.

The dollar index, which measures the greenback against six major peers, was…

Markets crash as US-China trade tension escalates

Mumbai (IANS) Indian markets in line with the Asian markets fell steeply over signs of escalating US-China trade tension on Monday.

On Sunday night, US President Donald Trump threatened to impose fresh trade tariffs worth $200 billion…

Ratan Tata invests in ride-sharing major Ola

New Delhi (IANS) Ratan Tata, the Chairman Emeritus of Tata Sons, has invested in Ola as part of its Series A round of funding, the domestic ride-sharing company announced on Monday.

Tata is also an early investor in ANI Technologies…

Now, PSUs to rescue government's failing strategic sale plan

New Delhi (IANS) Cash-rich central public sector enterprises (CPSEs) will come to the rescue of government strategic sale programme with tepid interest coming from the private sector to take over controlling interest in some of these sick…

Facebook hiring fast to launch its own bitcoin

San Francisco (IANS) Facebook is working hard to launch its own bitcoin for cryptocurrency-based payments on its platform that has 2.38 billion users.

According to a report in The Wall Street Journal on Friday, the social media giant…

Reliance's e-commerce dream to swallow everyone out there

New Delhi (IANS) When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything.

As part of its initial offers, the company started giving cashback to attract customers.

HC tells J&J to pay patients Rs 25 lakh compensation each

New Delhi (IANS) The Delhi High Court on Thursday asked Johnson & Johnson to pay Rs 25 lakh compensation each to patients affected by its faulty articular surface replacement (ASR) hip implants.

Justice Vibhu Bakhru's direction came…

GST collection soars in April to Rs 1,13,865 crore

New Delhi (IANS) The Goods and Services Tax (GST) collection rose 10.05 per cent to Rs 1,13,865 crore in April from a year ago recording highest ever monthly revenue mop-up since the new indirect tax system was rolled out on July 1, 2017.

"The…

Delhi HC issues notice to Jet Airways on consumer plea

New Delhi (IANS) The Delhi High Court on Wednesday issued a notice to Jet Airways on a plea seeking prompt redressal of consumer complaints in the wake of the ongoing crisis.

A Division bench of Chief Justice Rajendra Menon and Justice…