Business

In an effort to prop up prices, the Organization of the Petroleum Exporting Countries (OPEC) together with Russia and a group of other producers last November extended an output cut deal that was due to expire in March this year to cover all of 2018.

The employees affected are those hired for non-technical roles and the move follows an order from the airline's Chairman and Managing Director Pradeep Singh Kharola.

The farm sector growth comprises GVA (gross value added) of crops at 60 per cent, livestock 20 per cent and forestry 8.5 per cent and fishing and aquaculture at 5.5 per cent.

Balakrishnan said it is important for the board to clearly articulate the performance metrics for the vesting of variable salaries to senior management.

SBI had initially raised the minimum balance requirement to Rs 5,000 in June. However, following public discontent the bank brought down the minimum balance requirement to Rs 3,000 in metros, Rs 2,000 in semi-urban and Rs 1,000 in rural centres.

The minister, in a debate 'short-term discussion on the state of economy' in the Rajya Sabha, said the coming generations will remember this government for creating a 'new economic history' of the country.

The big gainers that supported the Sensex include ONGC, NTPC, Coal India, Dr Reddy's, HDFC Bank, IndusInd Bank, and Bharti Airtel, rising by up to 1.87 per cent.

The deal is slated to bring relief to RCom which has a debt of about Rs 45,000 crore. Reliance Jio or its nominees will acquire assets under four categories —towers, optic fiber cable network (OFC), spectrum and media convergence nodes (MCN) from RCom and...

It was all-time intra-day high for both the benchmarks too. Mid-cap and small-cap indices continued to be on investors’ radar.

Experts are warning that bitcoin is a bubble about to burst, but things might get crazier before it does: A lot of people have heard of bitcoin by now, but very few people own it.

The Central Board of Direct Taxes (CBDT), the policy- making body for the Income Tax Department, notified a nine-member committee — headed by a principal chief commissioner rank officer — and has set for it a deadline of February 28, 2018, for submitting...

I think the government should get leaders from the tech industry to be the CIO. This will bring credibility to the process, said Former Infosys CFO V Balakrishnan.

“Government is in favour of bringing petroleum products under GST. We would like to await consensus of the states and hope states at some stage soner or later agree to the consensus,” said Jaitley

There would be ratings between one and five stars. This would help consumers know about the sustainability of the houses, CEO, Green Rating for Integrated Habitat Assessment (GRIHA) Council, Sanjay Seth said.

The bilateral trade between India and China stood at USD 50.19 billion during the April-October period, as against USD 71.45 billion in the entire 2016-17, according to the provisional data for April-October placed in the Lok Sabha by Minister of State fo...

A number of 'coin offerings' being made in India are nothing but fraudulent Ponzi or pyramid schemes, including some offering secondary trading in Bitcoins or other established virtual currencies, while many others are plain frauds without any such curren...