Business and Finance

RBI has not printed a single 2000-rupee note this fiscal year, reveals RTI

This also comes at a time when the National Investigation Agency (NIA) has said that high quality fake currency notes have resurfaced.

BSNL Chairman assures staff will get salary before Diwali

This comes as employees have threatened to go on a day-long hunger strike on Friday over delayed salaries.

RBI imposes penalty on Syndicate Bank and Lakshmi Vilas Bank

In the case of Syndicate Bank, penalty has been imposed for non-compliance with the RBI’s directions on frauds classification and reporting and innovative housing loan products.

Indian economy in tailspin, focus on increasing demand: Nobel laureate Abhijit Banerjee

Abhijit Banerjee also said that fall in consumption was a warning sign for India and that the demand is a huge problem right now.

Total SA to invest $600 million in Adani Gas

As part of the deal, Total will be picking up a 37.4% stake, giving it an entry into what is being seen as the world’s fastest-growing natural gas markets.

Govt likely to make Air India debt-free before selling it

The Centre will reportedly take over an additional Rs 20,000 crore from Air India’s books.

H-1B visa: Despite more scrutiny, approvals increase for first time in four years

Data from USCIS shows that requests for evidence (RFEs) were asked for in 40.2% of cases as compared to just 22.3% in 2015 and 38% last year.

IRCTC makes stellar debut on BSE, lists 103% higher at Rs 651

While the government wanted to raise around Rs 645 crore from the IPO, IRCTC’s IPO saw bids amounting to Rs 72,000 crore.

Issues with oil companies to be resolved early: Air India

An Air India spokesperson also said that there is no reason for the passengers to be concerned as it has taken steps to ensure there is no flight disruption.

Economy is sound, which is why 3 movies made Rs 120 cr: IT Minister Ravi Shankar Prasad

The IT Minister also said that the NSSO report on unemployment is false and that some people are trying to mislead the country.