Sensex dropped by 1,114.82 points; Nifty tank 326.30 points at 10,805.55 – Business news

The Sensex climbed 1,114.82 points to close at 36,553.60 points on Thursday. While the NSE Nifty fell 326.30 points to close at 10,805.55.This was the most single-day recession since May 4 as foreign investors sold shares at the...

A year later, PMC bank depositors are still struggling

Mumbai: For tainted Punjab and Maharashtra Co-operative (PMC) bank depositors, this situation is not much different from the situation almost a year ago when the Reserve Bank of India (RBI) imposed a withdrawal ban on the bank after the...

India is not in a position to accept the concept of data free flow with confidence: Piyush Goyal

New Delhi: India is not in a position to accept the concept of data free flow with confidence (DFFT) as it is neither well understood nor comprehensive in the law of many countries, Commerce and Industry Minister Piyush Goyal...

Parliament approves changes to IBC to protect Kovid-stressed companies from bankruptcy

New Delhi: Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, under which new bankruptcy proceedings will not be initiated for at least six months starting on March 25 in view of the coronavirus epidemic....

Kovid: Hong Kong asks Air India to postpone flights for 2 weeks

new Delhi: Hogcog Has again asked Air India not to operate flights there for two weeks starting on Sunday (20 September). Like the first suspension last month, this time there is also a significant number of passengers testing...

The government proposes that employees below 300 employees will not be allowed to fire without a fire.

New Delhi: Companies with no less than 300 employees will soon be allowed to hire and fire workers without prior government permission, with the Labor Ministry proposing a change of rules in a bill introduced in the Lok Sabha...

Ordinary women finance minister said that ‘God’s work’ was taken holy: Nirmala Sitharaman

NEW DELHI: Targeting critics, Nirmala Sitharaman said on Friday, "an ordinary female finance minister said that the Act of God has been taken sarcastically" while the Latin word 'force majeure' is well accepted . Speaking in the Lok Sabha,...

US law firm files class action suit against HDFC Bank for misleading claims

Mumbai: A class action against HDFC Bank, a law firm in the US, claimed damages for losses incurred by investors due to "materially inaccurate and misleading" representations made by India's largest private sector lender. Has filed suit. The suit...

Flipkart oversees foreign listing in early 2021: report

NEW DELHI / BENGALURU: Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing an initial public offering overseas in early 2021 that could give the firm a value of up to $ 50 billion, sources familiar with the company's plans...

Trump says Oracle is close to the TickTalk deal because Bytdance targets majority ownership

Washington / New York: President Donald Trump said on Tuesday that he had heard that Oracle Corp was very close to an agreement with Ticketok of ByteDance, even according to sources that the Chinese company would own the majority...

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Donald Trump promises to transfer power if American votes are lost

Washington: President Donald Trump on Wednesday explicitly refused to guarantee a peaceful transfer of power should he lose the...

The Pakistan Army is involved in the National Polio and Tree Planting Campaign

Chief of Army Staff (COOS) General Qamar Javed Bajwa on Wednesday planted trees as part of a lush green Pakistan and attended a...

Scientists use Indian Ocean earthquake data to show how fast it is warming

LOS ANGELES (Reuters) - Scientists have developed a new way to measure the speed of the Indian Ocean by analyzing the sound produced by...

‘51.6 million people were double killed by climate-related disasters, Kovid-19’

New York: Internationally, at least 51.6 million people have been affected by floods, droughts or hurricanes as well as the ongoing coronavirus epidemic, the...

Riyadh gives special permission to PIA to operate 21 additional flights for the kingdom

A PIA spokesman said the increase in flights would allow PIA to allow 25,500 passengers to travel from Pakistan before September 30. Photo:...