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Reliance Jio planning its own cryptocurrency: Report

Reliance Jio planning its own cryptocurrency: Report

After disrupting the Indian telecom market, Reliance Jio is expected to delve into the world of blockchain technology and cryptocurrencies. 2017 has seen cryptocurrencies platforms such as BitCoin and Ethereum…

Foreign airlines can own up to 49% stake in Air India

Foreign airlines can own up to 49% stake in Air India

The government allowed foreign airlines to own up to 49 per cent stake in national carrier Air India at a time when the process for strategic disinvestment of the debt-laden…

Direct tax collections rise 18.2% in Apr-Dec

Direct tax collections rise 18.2% in Apr-Dec

Direct tax collections soared 18.2 per cent during the first nine months of current fiscal at Rs 6.56 lakh crore, the finance ministry said. In a statement, the ministry said…

BPL targets consumer business turnover of Rs 500 cr in 3 yrs

BPL targets consumer business turnover of Rs 500 cr in 3 yrs

BPL is eyeing over five-fold increase in the turnover of its consumer business to Rs 500 crore in the next three years as it expands its product portfolio and strengthens…

Govt open to proposals to further cleanse political funding: Jaitley

Govt open to proposals to further cleanse political funding: Jaitley

The electoral bonds mechanism is a substantial improvement in transparency over the present system and the government is open to suggestions to further cleanse political funding, Finance Minister Arun Jaitley…

U.S freezes over $1 bn military aid to Pakistan

U.S freezes over $1 bn military aid to Pakistan

The United States has suspended more than $1.15 billion security assistance to Pakistan, accusing Islamabad of harbouring terror groups like the Afghan Taliban and the Haqqani Network within its border…

Air India ties up with 3 banks for loans for 3 B777 planes

Air India ties up with 3 banks for loans for 3 B777 planes

State-owned Air India has tied up with UAE-based First Abu Dhabi Bank as well as Standard Chartered Bank and Mashreq Bank to avail short-term loans for acquiring three Boeing 777…

Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation

Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation

The finance ministry sought Parliament’s nod for extra expenditure of Rs 80,000 crore towards recapitalisation of public sector banks through bonds. Meanwhile, sources said the proposed recapitalisation bonds to be…

RBI to issue new Rs 10 note in chocolate brown colour

RBI to issue new Rs 10 note in chocolate brown colour

The Reserve Bank of India (RBI) is going to issue new Rs 10 notes under the Mahatma Gandhi series with chocolate brown colour as the base. The new note will…

10,000 NGOs have not filed annual returns for 6 years

10,000 NGOs have not filed annual returns for 6 years

More than 10,000 NGOs have not given their annual income and expenditure estimates for six financial years beginning 2010-11, the Rajya Sabha was informed. “As per available records, more than…

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