Oil prices reach highest since November 2014 at over $70 per barrel
US oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. The concerns added to worries over a looming decision on whether the United States will walk away from a deal with Iran More...
Fitch Holds India’s Sovereign Rating At Lowest Investment Grade
New Delhi: Global credit rating agency Fitch on Friday affirmed India’s sovereign rating at ‘BBB-‘ with ‘stable’ outlook, saying that the country’s medium-term growth potential More...
Government Collects Rs. 7.41 Lakh Crore From GST In FY18, Says Finance Ministry
New Delhi: The government mobilised Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. More...
How Natural Disasters Can Change the World Economy
Naturaldisasters arein fact nature’s way of revolting against all the abuse it has been subjectedto. It is dangerous, fatal and cannot be contained in any way. What is more, natural disasters cannot be predicted More...
Snap lays off 100 employees in latest round of downsizing
Snap Inc. is cutting another set of employees, focusing this time on the advertising side of the business after earlier trimming staff in engineering and content. The cuts total around 100 workers, according to More...
Govt notifies new accounting standard that comes into effect on April 1
Companies will have to adopt more detailed revenue recognition ways from April 1 as the government has notified a new accounting standard. The corporate affairs ministry has notified Indian Accounting Standard More...
Dark net, bitcoin being used to smuggle drugs: Report
The “increasing” trend of using the ‘dark net’ and bitcoins to smuggle pharma medicines and illicit drugs to untouched segments of the population and youngsters in the country is becoming a new challenge More...
Hiranandani family to invest Rs 3,500 crore in oil and gas projects
Niranjan Hiranandani’s family is investing around Rs3,500 crore to build liquified natural gas (LNG) terminals in Maharashtra and West Bengal, in a diversification for the Mumbai-based developer who built the More...
Economic growth needs to reflect on HDI: Niti Aayog CEO Amitabh Kant
The Indian economy is growing at 7 -8% which needs to be reflected on the human development index (HDI) wherein the country stands at 131st position out of 188 nations, NITI Aayog CEO Amitabh Kant on Monday said. Kant More...
NTPC ties up with IIM-A to set up full-fledged B-school
IIM-A will help in designing the course, teaching, helping in faculty recruitment and working on joint projects. Photo: HT New Delhi: India’s largest power utility NTPC Ltd on Tuesday joined hands with Indian More...