US warns of severe, swift penalties for firms continuing sanctionable commercial transactions with Iran

1 month ago
Washington: The US on Monday warned companies globally that they would be subject to severe penalties if they continued to have sanctionable commercial transactions with Iran, as it tightened the nooses around the Iranian regime with a set of toughest  ... ...

China says US trying to force it to submit on trade as new tariffs kick in

3 months ago
By Se Young Lee and Min Zhang. BEIJING () The United States and China imposed fresh tariffs on each other's goods on Monday as the world's biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is  ... ...

Explained: Why DHFL and other NBFC stocks took a beating on Friday?

3 months ago
Domestic infows into mutual fund schemes in the last couple of years played a significant role in driving the Indian stock market to record highs. In recent times, MFs have especially profited from betting heavily on nonbanking finance companies (NBFC). ... ...

Infosys to design new forms for filing GST returns

3 months ago
The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers (GoM) Chairman Sushil Kumar Modi on Saturday. "We have directed Infosys to design new ... ...

Fraudhit lender PNB plots revival after second straight quarterly loss

4 months ago
By Devidutta Tripathy and Chris Thomas. BENGALURU/NEW DELHI () India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a massive fraud, but expects faster bad loan recovery to  ... ...

MH370 probe: Husband of Indian passenger missing says report "disappointing"

4 months ago
Read more about MH370 probe: Husband of Indian passenger missing says report "disappointing" on Business Standard. The husband of Chandrika Sharma, one of the five Indian nationals missing in the Malaysian Airlines flight MH370 tragedy, today said he was "disappointed" as authorities have failed to tell him how his wife vanished along with 238 others in ... ...

Air India Express aircraft overshoots runway at Mumbai airport

5 months ago
Read more about Air India Express aircraft overshoots runway at Mumbai airport on Business Standard. As many as 89 people on board an Air India Express flight had a narrow escape today as the aircraft overshot the runway while landing at the Mumbai airport amid heavy rains.The Boeing 737800 aircraft arriving here from Vijaywada stopped 10 feet ... ...

Will work closely with West Bengal for its progress: Prabhu

5 months ago
Read more about Will work closely with West Bengal for its progress: Prabhu on Business Standard. Union Minister for Commerce and Civil Aviation Suresh Prabhu today said his ministry will work closely with the government of West Bengal, which has a "great potential" to become an economic hub in future."We want the state to achieve progress. ... ...

Grieving families of MH370 want Malaysian Govt to continue search for the missing plane

6 months ago
Read more about Grieving families of MH370 want Malaysian Govt to continue search for the missing plane on Business Standard. Some of the still grieving family members of the 239 people on the missing Malaysian Airlines flight MH370, including Indians, have urged the new Malaysian government to renew the search for the plane after the latest, privately funded search ended ... ...

Dutch, Australia say Russia behind downing MH17

7 months ago
Read more about Dutch, Australia say Russia behind downing MH17 on Business Standard. The Netherlands and Australia today moved towards launching legal action against Russia, accusing Moscow of being behind the 2014 shooting down of flight MH17 over wartorn eastern Ukraine.It came a day after international investigators concluded ... ...

Sebi warns PNB for late disclosures in Nirav Modi scam

7 months ago
Read more about Sebi warns PNB for late disclosures in Nirav Modi scam on Business Standard. PNB said today that markets regulator Sebi has warned it for delay in disclosures to stock exchanges about the USD 2 billion fraudulent transactions allegedly carried out by Nirav Modi and Gitanjali Group of companies.Taking serious note of delay ... ...

CBI probes suspected $90 million loan fraud at IDBI Bank

8 months ago
Read more about CBI probes suspected $90 million loan fraud at IDBI Bank on Business Standard. MUMBAI () The Central Bureau of Investigation said on Thursday it was investigating an alleged 6 billion rupee ($90 million) loan fraud at IDBI Bank, and former senior bank officials were among those being investigated. ... ...

Nifty gains 47.75 pts on positive global cues

8 months ago
Read more about Nifty gains 47.75 pts on positive global cues on Business Standard. The NSE Nifty extended gains for the third consecutive session, up 47.75 point to 10,379.35 as financial stocks rose with global sentiment turning positive amid easing trade war fears.Sustained buying was seen in FMCG, banking, energy, and ... ...

Trump moves towards China tariffs in warning shot on technology transfer

9 months ago
Read more about Trump moves towards China tariffs in warning shot on technology transfer on Business Standard. WASHINGTON () U.S. President Donald Trump lit a slowburning fuse on Thursday to launch longpromised antiChina tariffs, but his actions appeared to be more of a warning shot than the start of a fullblown trade war with Beijing. ... ...

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