Category Archives: Business

Arun Jaitley resumes charge of finance ministry

Jaitley, 66, had stopped attending office last month and had gone to New York for medical treatment. Railway minister Piyush Goyal was temporarily given charge of the finance and corporate affairs ministry at the time.

MFN status to Pakistan revoked after Pulwama attack: What it means

This is one of the deadliest terror attacks in Jammu and Kashmir when a suicide bomber rammed a vehicle carrying over 100 kg of explosives into their bus in Pulwama district.

India to remove trade privileges, ensure complete isolation of Pakistan: Arun Jaitley

This is one of the deadliest terror attacks in Jammu and Kashmir when a suicide bomber rammed a vehicle carrying over 100 kg of explosives into their bus in Pulwama district.

The world’s largest plane will now fly into history

Europe’s Airbus is scrapping production of the A380 superjumbo, with lacklustre sales forcing it to abandon a dream of dominating the skies with a 21st century cruiseliner. Airbus said on Thursday the last A380 would be delivered in 2021. The shake-up came after Emirates decided to reduce its orders for the iconic superjumbo and order a total of 70 of the smaller A350 and A330 Neo instead.

Currency surge due to small note need; circulation of Rs 2,000 notes inadequate: Study

According to a report by SBI, the pace of circulating Rs 200 denomination notes, as well as other smaller units, increased manifold in FY18. The SBI report comes close on the heels of a similar study by HSBC, which said that the cash surge is a reflection of increasing ‘informality’ — a euphemism for unaccounted transactions or black money.

Used BS4 cars turn bargain buys

Organised used car players like Mahindra First Choice Wheels, OLX and Truebil say that the migration to BS6 and the phasing out of popular models will see a sharp drop in the price of these models in the used car pool, making them bargain buys.

SC expels 2 court masters for diluting Anil Ambani order

Noticing the glaring discrepancy, a furious Justice Nariman promised action.He sent a complaint to Chief Justice Ranjan Gogoi, who initiated an inquiry.

ICAI bets big on artificial intelligence, data analytics

“We are focussing on future avenues. While cost and management accountancy is our core competency, apart from this we must also focus on new areas like artificial intelligence, data analytics, forensic audit or information system audits,” he said, adding that ICAI has recently launched a course on data analytics.

Mallya appeals at UK high court against extradition

Mallya told TOI: “There is nothing to comment about. I stated my intention to appeal earlier.” When asked how long it might take for a decision, he said: “I don’t know the details. My lawyer is travelling.”

IndiGo cancels around 130 flights for Friday

Acute shortage of pilots along with NOTAMs at some airports forced IndiGo to cancel around 130 flights for Friday, a source said. The cancelled flights account for almost 10 % of the airline’s operations. The cancelled flights account for almost 10 % of the airline’s operations. The carrier operates over 1,300 flights per day with a fleet of 210 planes.