India and Africa face similar challenges and concerns: Sitharaman

Over 50 thousand tonnes of pulses recovered during de-hoarding operations across ten states

Upcoming India- Africa Forum Summit would provide a unique platform for India and African countries: Sitharaman

Commerce and Industry Minister Nirmala Sitharaman today said that the upcoming India- Africa Forum Summit would provide a unique platform for India and African countries to identify areas of cooperation and enhancing the partnership. Speaking at the 4th India- Africa Trade Ministers' Meetin...

CVC seeks report from CBI and BoB in alleged fraudulent transactions to Hong Kong

Central Vigilance Commission has sought a report from the CBI and Bank of Baroda,BoB, in connection with an on-going probe in alleged fraudulent transactions of Rs 6,100 crore remitted to a counter party in Hong Kong. Central Vigilance Commissioner K V Chowdary told this to PTI. He also said that th...

CVC seeks report from CBI and Bank of Baroda in alleged fraudulent transactions to Hong Kong

Central Vigilance Commission has sought a report from the CBI and Bank of Baroda in connection with an on-going probe in alleged fraudulent transactions of Rs 6,100 crore remitted to a counter party in Hong Kong. Central Vigilance Commissioner K V Chowdary told this to PTI. He also said that the Com...

CVC seeks report from CBI and Bank of Baroda in alleged fraudulent transactions to Hong Kong

Central Vigilance Commission, CVC, has sought a report from the CBI and Bank of Baroda in connection with an on-going probe in alleged fraudulent transactions of Rs 6,100 crore to Hong Kong. Central Vigilance Commissioner K V Chowdary told this to PTI. He also said that the Commission has also insti...

Moody's says India remains less exposed to external risks

Top rating agency Moody's has said, India is less exposed to external shocks. It attributed this to country's resilient growth and reforms momentum. In a report published today, Moody's forecasted that India will clock the highest growth rate of 7-7.5 per cent among G20 ec...

Toyota recalls 6.5 million vehicles globally over window defect

Global auto major, Toyota has said it is recalling 6.5 million vehicles worldwide, over a power window glitch that presented a fire risk. Toyota said a driver's side power window master switch could short-circuit and cause parts to overheat and melt. The company said it had not received rep...

Centre directs States to enforce Essential Commodities Act to check hoarding of pulses

The Centre has informed that over 5,800 tonnes of pulses have been seized in five states during raids conducted on hoarders. Reviewing the prices, production, procurement and availability of pulses in New Delhi Tuesday, Cabinet Secretary Pradeep Kumar Sinha said, action against hoarders and black ma...

RCAM today announces takeover of global giant Goldman Sachs' mutual fund business in India

In its first ever acquisition, Reliance Capital Asset Management (RCAM) today announced takeover of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore in an all-cash deal, as yet another foreign player exits the 13 lakh crore rupee Indian Mutual Fund market. The deal...