Rahul Gandhi indulging in low level politics: Smriti Irani

SURAT: A day after Congress president Rahul Gandhi launched a no-holds barred attack on Prime Minister Narendra Modi, Union Textiles Minister Smriti Irani on Friday said he was indulging in low level politics. On Thursday, Gandhi had said at a public meeting in Rajasthan’s Dungarpur district that people are now heard saying the country’s “watchman”, an […]

Continue Reading

Indian rupee erases morning gains, trades around 72.10 per dollar

Volatile trade continued on the Indian rupee as it erased morning gains and trading around 72 level on Friday. It is trading higher by 27 paise at 72.10 per dollar. In remained in the range of 71.75-72.46 during the day after it opened higher by 52 paise at 71.85 per dollar. The dollar-rupee September contract […]

Continue Reading

iPhone XS, iPhone XS Max India Pre-Orders Begin on Flipkart, Airtel Store, Jio.com

Apple announced its three new iPhone models last week, and now pre-orders have effectively begun for the two flagships in India. Apart from 5,000+ retail outlets, the iPhone XS and iPhone XS Max are up for pre-orders on Flipkart. Even the Airtel Online Store has the two premium variants phones up for pre-order, as does the official Jio online store. Flipkart has listed exchange […]

Continue Reading

Oil prices rise amid drop in U.S. stockpiles, supply worries

TOKYO:  Oil rose for a third day today amid another drawdown in U.S. inventories and strong U.S. gasoline demand, while signs OPEC may not raise output to address shrinking supplies from Iran also supported prices. Global benchmark Brent crude (LCOc1) was up by 20 cents, or 0.3 percent, at $79.60 by 0214 GMT, after gaining […]

Continue Reading

Flipkart a bargain buy for Walmart, says Binny Bansal

Bengaluru: Months after Walmart forked out $16 billion to buy 77% of Flipkart, the Indian e-commerce firm’s group chief executive Binny Bansal said the world’s largest retailer had made a bargain buy. In an interview with San Francisco-based news website Recode on Tuesday, Bansal refuted a claim made earlier that Walmart overpaid for Flipkart and insisted that […]

Continue Reading

India’s biggest law firm under scanner in PNB multi-crore loan fraud case

Cyril Amarchand Mangaldas (CAM), the largest law firm in the country, is being scrutinized by investigators after seizing documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM’s premises in February, a lawyer representing the government and a police source stated. In what has been dubbed as the country’s biggest […]

Continue Reading

Bank of Baroda plunges; Dena Bank, Vijaya Bank rally on merger plan

Mumbai: Shares of Bank of Baroda slide after the government announced its merger with Vijaya Bank and Dena Bank as analysts expect the merger will create a sharp jump in bad loans for BoB at a time when it is already reporting huge losses from higher provisioning. BoB shares declined 10% to Rs 122 while Vijaya […]

Continue Reading

Pakistan denies opening Afghan trade route for India

ISLAMABAD: Pakistan has refuted media reports that it has expressed readiness to talk on the restoration of the India-Afghanistan trade route using its land. Foreign Minister Shah Mahmood Qureshi rejected the reports after US Ambassador to Afghanistan John Bass was quoted as saying by an Indian newspaper that Pakistan had approached Afghanistan earlier this year and […]

Continue Reading