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S Korean firm

India scraps defense deal with S Korean firm

NEW DELHI: The Defense Ministry has scrapped the Rs 2,700-crore deal for acquiring two minesweeper vehicles from a South Korean firm after it was found that there were violations of… Read more »

yahoo

Yahoo replaces Google as Firefox’s default search

SAN FRANCISCO: Yahoo will supplant Google’s search engine on Firefox’s Web browser in the U.S., signaling Yahoo’s resolve to regain some of the ground that it has lost in the… Read more »

Arun Jaitley

Jaitley tells PSU banks to act without fear or favor

NEW DELHI: Concerned over rising bad loans, Finance Minister Arun Jaitley has asked the chiefs of PSU banks to deal sternly with the issue of rising non-performing assets without any… Read more »

whatsapp

WhatsApp messages get end-to-end encryption

SAN FRANCISCO: An online privacy tool endorsed by Edward Snowden is being used to protect WhatsApp messages from snooping by encrypting them as they travel the Internet. Open Whisper Systems… Read more »

Cyber attacks

Cyber attacks to fall, but will be more sophisticated

NEW DELHI: The volume of cyber attacks are expected to decline in 2015, but will become more sophisticated with such intrusions targeting specific sectors like healthcare, says the cyber security… Read more »

google

Indian eCommerce market to hit $15 bn: Google

NEW DELHI: Increasing Internet penetration and growing preference for shopping online will drive the eCommerce market in India to USD 15 billion by 2016 with a whopping 100 million people… Read more »

Cong questions SBI's decision to lend USD 1bn to Adani group

Cong questions SBI’s decision to lend USD 1bn to Adani group

NEW DELHI: Congress today questioned the decision of State Bank of India to give USD 1 billion loan to Adani group for the development of Carmichael coal mine during Prime… Read more »

Adani group's Australian mine project cleared

Adani group’s Australian mine project cleared

MELBOURNE: The Adani group’s proposed plan to build a 7-billion-dollar coal mine was today cleared by Australia’s Queensland state which also announced a major investment in rail infrastructure to support… Read more »

Exports dip 5.04% in October, trade deficit up

Exports dip 5.04% in October, trade deficit up

NEW DELHI: India’s exports contracted by 5.04 per cent to USD 26 billion in October while imports grew by 3.62 per cent, pushing up the trade deficit as gold imports… Read more »

Fin inclusion All households in Kerala, Goa get bank accounts

Fin inclusion: All households in Kerala, Goa get bank accounts

NEW DELHI: Giving a boost to the Center’s financial inclusion agenda, Kerala and Goa have become first states in the country with every household having at least one bank account. “Kerala… Read more »

Reserve Bank

Inflation drops to 5-yr low of 1.77%, India Inc wants rate cut

NEW DELHI: Driven by softening prices of fuel and food items, the WPI inflation cooled to a five year low of 1.77 per cent in October raising hopes of rate… Read more »

RBI against loan waiver scheme by state govts

RBI against loan waiver scheme by state govts

MUMBAI: Reserve Bank Governor Raghuram Rajan today expressed reservation over the loan waiver scheme by various state governments and also suggested reasonable interest rate ceiling on loans from microfinance lenders…. Read more »

Toshiba to invest USD 30 billion to expand power biz in India

Toshiba to invest USD 30 billion to expand power biz in India

TOKYO/NEW DELHI: Japanese firm Toshiba Corporation will invest about USD 30 million for expanding its production capacity in the power transmission and distribution business in India. The investment is part… Read more »

India, Israel to collaborate in fighting terror, cyber threats

India, Israel to collaborate in fighting terror, cyber threats

TEL AVIV: Recognizing the evolving global terror threats, India and Israel have resolved to deepen cooperation in fighting the menace and collaborate in the field of cyber security. During a… Read more »

Less than half of HSBC list accounts have no money SIT report

Less than half of HSBC list accounts have no money: SIT report

NEW DELHI: The Special Investigation Team (SIT) on black money has found that less than half of the HSBC bank list of over 600 accounts did not have any money… Read more »

'India should partner with Aus to bring clarity in tax policy'

‘India should partner with Aus to bring clarity in tax policy’

MELBOURNE: India should closely partner with Australia at the upcoming G20 summit to bring about clarity in tax policy to prevent money laundering and to undermine the black economy, an… Read more »

New York City Marathon most technologically advancedTCS

New York City Marathon most technologically advanced: TCS

NEW YORK: India’s IT giant and the title sponsor for New York City Marathon, TCS has vowed to make the world’s premier long-distance athletic event the most advanced race using… Read more »

India forex reserves up USD 495.5 mn to USD 314.77 bn

India forex reserves up USD 495.5 mn to USD 314.77 bn

MUMBAI: India’s foreign reserves shot up by USD 495.5 million to USD 314.177 billion in the week to October 24 due to rise in a key constituent of the assets, according… Read more »

All foreign bank accounts will be assessed by March 2015 AG

All foreign bank accounts will be assessed by March 2015: AG

NEW DELHI: With the Centre submitting a list of 627 account holders in foreign banks to Supreme Court in the black money case, Attorney General Mukul Rohatgi today said that… Read more »

US prosecutor recognised for probing case against Infosys

US prosecutor recognized for probing case against Infosys

WASHINGTON: A US prosecutor who successfully investigated a precedent-setting work visa fraud case against Infosys, resulting in the Indian IT giant paying a whopping USD 34 million in fine, has… Read more »