Business

Eric Schmidt leaves Google board after 18 years

Google-parent Alphabet said Tuesday that Eric Schmidt, who was chief of the internet giant for a decade, will leave the board in June. Schmidt, who turned 64 this month, stepped down as chairman of the Alphabet board at the start…

Vijay Mallya repeats offer of ‘100 per cent payback’ for Indian banks

Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a “100 per cent payback” for state-owned Indian banks to cover his now-defunct Kingfisher Airlines’ debt. The…

India’s industrial production affected by election-related uncertainty: D&B report

The decline in economic growth momentum in October-December quarter of FY19 is likely to continue, largely owing to election related uncertainty, says a report. According to Dun and Bradstreet’s (D&B) latest Economy Forecast, subdued consumption demand and election-related uncertainty is…

Donald Trump criticizes India’s ‘big tariffs’ on American products like Harley-Davidson bikes, paper

President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. Addressing a Republican political rally in Wisconsin…

‘Aadya’ website formally launched

The website of ‘Aadya’, manufacturing sanitary napkins under the banner of JCB Industries, was formally launched today (April 24). The website was launched by Pride East Entertainments Pvt. Ltd. CMD Riniki Bhuyan Sharma who is also the chairperson of JCB…

Jet Airways operating only 15 aircraft in domestic sector

Cash-strapped Jet Airways is operating 28 planes, including 15 aircraft in the domestic routes, Civil Aviation Secretary Pradeep Singh Kharola said Wednesday. Kharola said that less than 15 planes of the airline were flying. Jet Airways, where the lenders are…

GST rates slashed: Key takeaways

The GST Council in the 31st meeting held today (Dec 22) in New Delhi  slashed GST on 33 commodities, including six that were in the in the 28 per cent tax bracket, have been reduced. Here are the key takeaways:…

Urjit Patel resigns as RBI Governor

Reserve Bank of India (RBI) Governor Urjit Patel resigned from his post with immediate effect amid a reported fued between the apex bank and the Government over the former’s autonomy. Patel, in a statement, stated he was resigning “on account…

Diwali | Hima Das, Shiladitya, NRC flood cracker markets!

Hima Das, Shiladitya, NRC, Kamrup Express and Laden are flooding cracker markets this Diwali, ready to light up the skies during the festival of lights. Don’t go by their names and the connection with Diwali for they are firecrackers made…

SBI slashes ATM withdrawal limit to Rs 20,000

State Bank of India (SBI) has reduced the daily withdrawal cash limit for Classic and Maestro debit card holders from Rs 40,000 to Rs 20,000 with the new withdrawal rules coming into effect from today (Oct 31). “In view of…

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