Business

September 6, 2016 4:19 PM

Centre launches NIDHI for nurturing ideas & innovation into start ups

Centre has launched a new program called National Initiative for Developing and Harnessing Innovations (NIDHI) for nurturing ideas and innovation into successful start ups. Talking to reporters in New Delhi today, Science and Technology Minister Dr Harsh Vardhan said, the programme will focus on hel...

September 6, 2016 2:17 PM

Sensex surges about 300 points in afternoon trade

After a strong opening, the Sensex at the Bombay Stock Exchange gained some more ground, and had rallied a good 293 points, or one percent, to 28,825 a short while ago. The Nifty at the National stock Exchange had surged 92 points, to 8,902. Buying was seen across-the-board, with banking and auto st...

September 6, 2016 8:20 AM

SIT asks RBI to share black money data with govt agencies

The Special Investigation Team (SIT) on Black Money has asked Reserve Bank of India to establish an institutional mechanism to track illicit financial flows and share data with other law enforcement agencies. In a letter to RBI Governor last month, the SIT headed by Justice M B Shah underlined the n...

September 6, 2016 8:17 AM

DoT unveils new norms on SIM upgradation

The Department of Telecom, DoT has come out with new guidelines on SIM upgradation from 2G to 3G or 4G. It can be done only with a clear go-ahead from mobile users and on their request. The new guidelines have already come into effect. To upgrade the SIM card, the subscriber will have to generate a ...

September 5, 2016 9:11 PM

Urjit Patel takes over as new governor of RBI

Dr. Urjit Patel today assumed Charges of the Reserve Bank of India (RBI) governor. The central bank said in a press statement said that Dr. Urjit R. Patel assumed charge as the 24th Governor of the RBI. Dr. Patel succeeds Raghuram Rajan.

September 5, 2016 8:16 PM

DoT comes out with new guidelines on SIM upgradation

The Department of Telecom, DoT has come out with new guidelines on SIM upgradation from 2G to 3G or 4G. It can be done only with a clear go-ahead from mobile users and on their request. The new guidelines have already come into effect. To upgrade the SIM card, the subscriber will have to generate a ...

September 5, 2016 4:31 PM

Dr. Urjit Patel assumes Charge as new RBI governor

Dr. Urjit Patel today assumed Charges of the Reserve Bank of India (RBI) governor. The central bank said in a press statement said that Dr. Urjit R. Patel assumed charge as the 24th Governor of the RBI. Dr. Patel succeeds Raghuram Rajan.

September 5, 2016 2:15 PM

Oil prices slips in Asia, Russia-Saudi talks disappoint

Oil prices slipped in Asia today with traders disappointed by a lack of detail from Russia and Saudi Arabia on their plans to stabilise the crude market following talks at the weekend.Russian President Vladimir Putin met Saudi's Deputy Crown Prince Mohammed bin Salman on the sidelines of th...

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