Kolkata : Coal India, which is looking to rationalise its underground mines in view of safety and financial viability, could close about 53 such mines this year, its Chairman Anil Kumar Jha said on Wednesday. He said manpower would "not be retrenched" if any mine is...
By Nishant Arora, New Delhi : A decade ago, Artificial Intelligence (AI) was unknown to many of us mortals. Lately, however, AI and related buzzwords like Machine Learning (ML) or Big Data Analytics are more visible -- staring at us from clumsy signage boards hanging...
Mumbai : High global crude oil prices, along with fears over an escalation in the trade war and outflows of foreign funds from the country's equity market segment pulled the Indian rupee to a new record low of 72.11 per US dollar on Thursday. However, the Indian rupee...
Mumbai : Private life and non-life insurers - Bharti AXA Life Insurance and Bharti AXA General Insurance - on Monday announced a simplified claims procedure for flood victims of Kerala and Karnataka. In a joint statement issued here Bharti AXA Life Insurance said it...
Nicosia : An anti-money laundering memorandum of understanding (MoU) signed between India and Cyprus will help boost investment cross-flows between the two countries, President Ram Nath Kovind said here on Monday. "We welcome the signing of the MoU between Financial...
By Rituraj Baruah, Mumbai : Firm global cues lifted the Indian equity market for the sixth consecutive week as both the key indices -- S&P BSE Sensex and the NSE Nifty50 -- rose by over one per cent during the August 27-31 period. Accordingly, the BSE Sensex hit...
Mumbai : The Shiv Sena on Friday again attacked the BJP for demonetizing Rs 500 and Rs 1,000 bank notes in 2016, calling it a "butchering of the Indian economy" which it said even the Reserve Bank Of India (RBI) had conceded. The hasty and ill-advised move was not...
Mumbai : Caution ahead of key macro-economic growth data, coupled with high global crude oil prices, pulled the Indian rupee to a fresh low of 71 to a US dollar on Friday. According to analysts, the continuous outflow of foreign funds also adversely impacted the...
Shimla : The World Bank has approved in principle a financial assistance of Rs 929.89 crore for a water supply and sewerage project for the state capital, Himachal Pradesh Urban Development and Country Planning Minister Sarween Chaudhary said on Thursday. The final...
New Delhi : A day after the RBI revealed that 99.3 per cent of the demonetised currency was returned to the banks, Finance Minister Arun Jaitley on Thursday said the invalidation of the non-deposited currency was not the only objective of the noteban. Jaitley said the...