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Forex reserves swell by $1.8 bn to $421.8 bn

The country's foreign exchange reserves increased by USD 1.875 billion to USD 421.867 billion in the week to May 31, Reserve Bank data showed...

Japan plans carbon emission cuts, more nuclear energy

Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy...

Wipro founder Azim Premji to retire next month, son Rishad to take over

Azim Premji, one of the pioneers of Indian technology industry and founder of Wipro Limited, will retire as Executive Chairman upon the completion of his current term on July 30, after having...

Insurance claim cannot be denied on presumption of pre-existing disease: NCDRC

The NCDRC, the apex consumer commission, has held that an insurance claim cannot be denied on mere presumption that a person might be suffering...

CCI imposes over Rs 74 cr penalty on pharma companies, trade bodies

The Competition Commission of India (CCI) has imposed penalties of over Rs 74 crore on two pharmaceutical companies -- Himalaya Drug Company and Intas...

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