Latest News

11/11/2017 Congress to keep struggling for 18% GST cap: Rahul
Congress Vice President Rahul Gandhi on Saturday said his party will continue to fight the 'Gabbar Singh tax' -- Gandhi's acronym for GST, to reduce the tax cap to 18 per cent from the current 28 per cent. In a tweet, Gandhi said India needs a "simple" Goods and Services Tax, not a "Gabbar Singh tax". "Congress and people of the country fought to lower the 28 per cent GST rate on many items. Our struggle for 18 per cent cap will continue. If the BJP will not do this, Congress will do it," Gandhi said. On Friday, the GST Council slashed the tax rates on 178 goods from 28 per cent to 18 per cent.

11/09/2017 Age limit to join NPS raised to 65 years: Regulator
The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60.Chairman PFRDA Hemant Contractor made the announcement here at a conference on "Transferring Superannuation Funds to National Pension System", saying the pension regulator`s board had already approved the change and it would be notified shortly."NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65," Contractor said."The scheme anyway has the option of continuing and making contributions up to the age of 70," he added. Explaining that the rationale behind government reforms in pensions is to facilitate "portability", or the transfer of superannuation funds by making the NPS more attractive and customer-friendly."The aim is to open up pensions to sectors that are without pensions," he said, noting that only 15-16 per cent of employees in India are covered by pensions because an overwhelming 85 per cent of the workforce is found in the unorganised, or "informal", sector.Elaborating on the benefits of the NPS, Contractor said it is the "lowest-cost pension product in the world today"."Costs are important because even one per cent difference in cost over 25-30 years, makes around 15-16 per cent difference at the end because of the compounding factor.""Our fund management charges are a miniscule 0.01 per cent... the lowest, when you compare others charging 0.4 or 0.5 per cent," he said, adding that the NPS returns compare with the "best in the industry".

01/08/2017 Top LeT commander killed in J&K gunfight
Top Lashkar-e-Taiba (LeT) commander Abu Dujana was killed on Tuesday in a gunfight with the security forces in Jammu and Kashmir's Pulwama district, police said.A local militant identified as Arif Lalihaari was also killed in the gunfight that took place in Hakripora village.State police chief S.P.Vaid said he would provide further details on the two militants only after the bodies are recovered from the encounter site.Acting on specific information about the presence of Dujana and Lalihaari, the forces surrounded the village at about 3 a.m. upon which they were fired at, according to security officials."The operation is ongoing," the officials said, adding: "The process of recovering the bodies have started."Two houses in the village were destroyed in the gunfight, but no civilian casualties were reported.Dujana was wanted in over three dozen attacks on security forces and civil and carried a reward of Rs 15 lakh.He was the most wanted militant commander in the state.Once Dujana's body is recovered and identified, it would be the biggest success for the security forces in their anti-militancy operations, the officials added.

28/07/2017 Delhi Metro first to become 100% 'green'
Delhi Metro has become the only completely 'green' Metro system in the world for adhering to green building norms for its residential colonies, officials said on Friday. Delhi Metro has secured the platinum rating for adherence to green building norms for its 10 residential colonies from the Indian Green Building Council (IGBC).The Delhi Metro Rail Corporation (DMRC) had earlier received the green certificates for its Phase-3 stations, depots, and sub-stations, said a statement.Speaking on the need for energy optimisation, DMRC Managing Director Mangu Singh emphasised the need for 'green transport'."Energy consumption has increased by 700 per cent in the last four decades in the country and this will increase further three times by 2030. One of the major users of energy is the transport sector, that also, urban transport. Therefore, it is very relevant to focus on Metro systems and talk of green Metro," he said at the third conference on Green Metro Systems held at Metro Bhawan on Friday.DMRC also announced it is now generating 20 megawatt (MW) of solar power, after adding new solar power facilities that produce 2.6 MW across the Metro network.Praising the Delhi Metro for its initiatives to reduce carbon-footprints at its premises, Prem C. Jain, Chairman, IGBC, said: "DMRC was the first one to become a green Metro. The platinum ratings they have got is very hard earned and a lot of toil has gone into the process."The DMRC also mentioned 'Swachh Chetna - An Eco Club', a joint initiative of the DMRC and Shri Ram School, Gurugram, for its efforts to "encourage school children to participate in the more environment friendly projects and activities".

21/07/2017 Reliance Jio launches JioPhone for zero cost
Industrialist Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday announced the launch of 'intelligent smartphone' JioPhone, which will be available for beta testing from August 15."The JioPhone will be available to all Ind for an effective price of Rs zero," Ambani told the company's 40th annual general meeting here.The much-awaited phone was launched by Ambani's son and daughter Akash and Isha Ambani. The phone will support 22 languages.To protect against misuse, customers have to pay a fully refundable Rs 1,500 secuirty deposit while taking a JioPhone.The pre-booking for the phone will start from August 24 and it will be given away on a first come first served basis. It will be available for all from September.JioPhone, which is targetted at the 50 crore feature phone users in the country, will offer free voice calls and SMS to customers. For 4G data, customers need to pay Rs 153 per month.He said JioPhone can be connected to any TV, not just internet TV, to watch videos.The phone is pre-loaded with applications like Jio Cinema, Jio Music and others.Describing JioPhone, Ambani said: "JioPhone is Made in India by young Ind for all Ind."Talking about Jio services, Ambani said: "Jio in next 12 months will cover 99 per cent of our country's population."Jio has 125 million customers across the country now.He said the telecom sector in India took 25 yeras to build 2G network for customers, "Jio will do 4G in three years."

08/05/2017 Delhi Metro fare hike: Maximum ticket price now Rs 50, minimum fare Rs 10
The Delhi Metro Rail Corporation Ltd (DMRC) board has approved a hike in the ticket prices, the Times of India reported today. Once the new rates are effective, the minimum fare will be Rs 10 instead of the current Rs 8 and the maximum fare will be Rs 50. Currently, the maximum fare is Rs 30."The board has accepted the revision of fare recommended by a panel. There will be a public notice about the fare tomorrow and the new rates will be effective from Wednesday," The Delhi Metro has revised the fare after eight years when the minimum tariff was raised from Rs 6 to Rs 8 and the maximum fare from Rs 22 to Rs 30.The new fare slabs are Rs 10, Rs 15, Rs 20, Rs 30, Rs 40 and Rs 50.According to the report,

23/06/2016 Special Eid Store launched at ShopClues
Want to buy kurtis, designer hijabs, anarkalis or some savoury snacks for the Eid? Well, it's time to go clickety-click on ShopClues. The e-commerce platform has launched a special Eid Store to meet all needs to celebrate the Muslim holy month of Ramadan.

22/06/2016 SpiceJet starts discount fare scheme
In a bid to attract more flyers in the upcoming lean season, budget passenger carrier SpiceJet on Wednesday announced a new promotional air fare scheme.

14/06/2016 Finance ministers to meet in July too on pending GST issues: Jaitley
Union Finance Minister Arun Jaitley on Tuesday did not firmly commit to a April 1, 2017 deadline for enforcing the GST, though "hopefully that should be the intention", as he laid a roadmap for the proposed tax regime, and announced that state finance ministers would meet again next month to thrash out some of the pending issues.

14/06/2016 Food prices also push up India's wholesale inflation
With potatoes 60 per cent dearer in bulk markets and pulses costlier by 36 per cent over the past year, India's annual wholesale inflation rose for the second month in May to its highest levels in nearly two years at 0.79 percent, official data showed on Tuesday.

09/06/2016 Download YouTube videos overnight on cheaper data rates
Video streaming service YouTube on Thursday rolled out a new feature 'Smart Offline' that lets a user download a video at cheaper night data rates offered by mobile operators in India.

07/06/2016 India's central bank leaves key rates unchanged
The Reserve Bank of India (RBI) on Tuesday left its key policy rates and reserve ratios unchanged, concerned over the slight rise in inflation and some domestic and global upside risks that have sprung up since April.

06/06/2016 More power to banks to deal with bad loans mooted, says Jaitley
Finance Minister Arun Jaitley on Monday hinted that some measures are likely to further empower state-run banks legally to help them deal with the rising bad loans.

01/06/2016 RBI Governor Raghuram Rajan 'doesn't want extension'
Reserve Bank of India Governor Raghuram Rajan has indicated that he doesn't want to remain in the position after his tenure ends in September, a media report said on Wednesday.

01/06/2016 Non-subsidised LPG, jet fuel rates hiked
State-run oil marketers on Wednesday hiked prices of non-subsidised cooking gas and aviation turbine fuel (ATF), a day after increasing petrol and diesel prices.

31/05/2016 Flipkart introduces online 'No Cost EMI' option
E-commerce major Flipkart on Tuesday introduced "No Cost EMI" option to make online shopping affordable for high-end purchases through an attractive financing option of Equated Monthly Installments (EMI) where customers will not bear additional cost.Flipkart's "No Cost EMI" entails zero processing fee, zero down payment and zero interest for customers.

27/05/2016 Advertising watchdog raps Patanjali ad claims
The Advertising Standards Council of India (ASCI) has rapped yoga guru BabaRamdev's Patanjali Ayurved Ltd. for "false and misleading" advertisements that also "denigrate" rival products.The Consumer Complaints Council (CCC) of the ad watchdog, which has released a statement on the complaints it dealt with in March,

27/05/2016 Sunil Mittal receives Harvard's alumni achievement award
Bharti Enterprises chairman Sunil Mittal has received this year's Harvard Business School alumni achievement award, a statement from his office said on Friday."

26/05/2016 HTC unveils Rs.52,990 flagship smartphone in India
In a bid to heat up the premium flagship smartphone segment, Taiwan-based company HTC on Thursday launched its flagship HTC 10 for the Indian consumers that will compete with the likes of Samsung Galaxy S7/S7 Edge, iPhone 6S/6S Plus and LG G5.

24/05/2016 13 cities win fast track Smart City competition
The Urban Development Ministry on Tuesday announced 13 winners of the fast-track Smart City competition, with Lucknow topping the list.These cities can now compete to be a "Smart City" in the next cycle of "India Smart Cities Challenge". Announcing the list, Urban Development Minister M. Venkaiah Naidu said Lucknow, which could not make it to the first list of 20 mission cities last year, had improved the quality of its Smart City plan. Twenty-three cities participated in the fast track competition.

21/05/2016 Cook, Modi discuss plans to manufacture in India
In a fresh insight into Apple's future plans for India, CEO Tim Cook discussed with Prime Minister Narendra Modi the possibilities of manufacturing and retailing in the country as the two met here on Saturday. On his part, Modi explained his Digital India initiative and identified its three key objectives as e-education, health and increasing farmers' incomes.

16/05/2016 India's April wholesale price inflation up at 0.34 percent
India's annual wholesale price inflation (WPI) moved up into the positive zone at 0.34 percent for April, from (-)0.85 percent in March and (-)2.43 percent during the corresponding month of the previous year, official data showed on Monday. The WPI moved up after staying in negative zone for 17 straight months, mainly on the back of a rise in global commodity prices.

13/05/2016 Cabinet approves National IPR Policy: Jaitley
With a view to promoting creativity, innovation and entrepreneurship, the union cabinet has approved the National Intellectual Property Rights (IPR) Policy which seeks to safeguard trademark identities, Finance Minister Arun Jaitley said on Friday. "India's intellectual property laws are comprehensive and WTO compliant. The implementation of the new intellectual Property Rights (IPR) Policy will not require any changes in law," Jaitley told reporters here while informing them about the cabinet decision taken at a meeting on Thursday.

28/01/2016 I thank my family, my team, said……. shivani
Global Business & Leadership Awards, 2015, held at Hotel Radisson Blue, New Delhi. The Award ceremony had the presence of Union Minister Kalraj Mishra, Somnath Bharthi and Others. In Award show Shivani Gill bagged the "Best Interior Designer of Hyderabad-2015 Shivani Gill has been instrumental in designing some of the best & luxurious homes & commercial spaces in Hyderabad. Designs from Shivani Gill had widely been appreciated for her creativity and utilization of spaces.

28/01/2016 GreenDust launches its mobile website
GreenDust on Thursday launched its new mobile interface-designed website to offer the best shopping experience to customers on their smartphones, the company said. It also expanded the payment choices by integrating leading e-wallets to its services. "After the revamping of our website, launching a mobile site was the next most logical step. With the growing number of patrons for our brand, we thought it would be of great significance to be available on mobile phones giving our customers the same conveniences on the go," Hitendra Chaturvedi, founder and chief executive of GreenDust said in a statement.

28/01/2016 Naidu announces 20 smart cities
Urban Development Minister M. Venkaiah Naidu here on Thursday announced a list of 20 cities to be developed as smart cities.

28/01/2016 BlackBerry launches first Android-based smartphone in India
Canadian mobile manufacturing company BlackBerry on Thursday unveiled Priv -- its first “secure” high-end smartphone powered by Android for Indian market here. With a unique sleek design and touch-sensitive keys that allows users to swipe, scroll and set up shortcuts, Priv comes pre-loaded with BlackBerry's DTEK for Android that allows user to improve privacy level and monitor access to the phone. This app alerts the user every time any app attempts to access data, or turn on the phone's microphone or camera making the phone safe from hacking and data theft.

25/01/2016 Panasonic launches 4G-enabled Eluga Turbo smartphone on Snapdeal
Panasonic India has launched Eluga Turbo - its 4G-enabled smartphone with 1.5 GHz 64 bit Octa Core processor, 3GB RAM and 32GB internal memory -- that will be available on the e-commerce website Snapdeal for Rs.10,999 from Wednesday. "India's technology market in 2016 will be focusing on 'Make in India' and 4G enabled devices. With the rollout of 4G/LTE telecommunications technology, we have developed new 4G/LTE compatible models across our product range to provide consumers with a premium design and performance," Pankaj Rana, business head of mobility division at Panasonic India, said in a statement on Monday.

14/01/2016 H&M to open flagship store in Noida
Swedish fashion retail giant H&M will open its flagship store here in the spring season, it was announced on Thursday. To be unveiled at DLF Mall of India, Noida, the store will be spread over a total area of 28,000 sq ft on four floors. “After successful store launches last year, we continue the trend by expanding to some of the most exciting retail destinations across the country with H&M’s business concept of Fashion and Quality at the Best price in a sustainable way,” Janne Einola, country manager,

14/01/2016 Still in negative, India's annual wholesale inflation rises
With pulses and vegetables, notably onions, continuing to remain dear, India's annual wholesale inflation rate moved up further to (-)0.73 percent for December, against (-)1.99 percent for the month before, official data showed on Thursday.