Category: Business

Yes Bank posts staggering standalone net loss of Rs 18,560 cr

Mumbai, March 14 (SocialNews.XYZ) Financially troubled Yes Bank on Saturday reported a standalone net loss of Rs 18,560.31 crore for…

6 years ago

Airlines to truncate UAE ops due to travel restrictions

New Delhi, March 14 (SocialNews.XYZ) Domestic airlines such as Air India and IndiGo will truncate some of their flight operations…

6 years ago

‘You let me down, you let GoI down, you let Assam govt down’: FM to SBI Chairman

New Delhi, March 14 (SocialNews.XYZ) An audio clip of Finance Minister Nirmala Sitharaman humiliating State Bank of India (SBI) Chairman…

6 years ago

GST hike to make mobile phones costly, hit sales

New Delhi, March 14 (SocialNews.XYZ) With the GST Council, headed by Finance Minister Nirmala Sitharaman, increasing the GST on mobile…

6 years ago

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

Mumbai, March 14 (SocialNews.XYZ) As the government on Saturday notified the reconstruction scheme for Yes Bank, major private banks have…

6 years ago

Lower cut in oil prices ahead as oil cos factor in higher excise duty

By Subhash Narayan New Delhi, March 14 (SocialNews.XYZ) The Rs 3 per litre increase in excise duty in petrol and…

6 years ago

GST on mobile phones raised to 18%, rates on MRO services cut to 5%

New Delhi, March 14 (SocialNews.XYZ) The GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to raise rates…

6 years ago

GST hike on mobile phone to sap purchases: ICEA

New Delhi, March 14 (SocialNews.XYZ) With the GST Council, headed by Finance Minister Nirmala Sitharaman, on Saturday increasing the GST…

6 years ago

New CEO of Yes Bank appointed; Q3 results scheduled for Saturday

Mumbai, March 14 (SocialNews.XYZ) The central government has appointed former SBI banker Prashant Kumar as the new Chief Executive Officer…

6 years ago

Duty up on petrol & diesel; consumers may be spared from big price hike

New Delhi, March 14 (SocialNews.XYZ) The Government on Saturday raised excise duty on petrol and diesel by Rs 3 per…

6 years ago

Yes Bank Rescue: Lock-in for existing shareholders may face legal challenge

New Delhi, March 14 (SocialNews.XYZ) The government decision to lock-in investments of all investors, including existing ones, holding more than…

6 years ago

Domestic air traffic may drop by 15-20%: Minister

Hyderabad, March 14 (SocialNews.XYZ) Minister for Civil Aviation Hardeep Singh Puri on Saturday said coronavirus scare may lead to 15-20…

6 years ago

Govt notifies Yes Bank reconstruction scheme, bank to resume operations next week

New Delhi, March 14 (SocialNews.XYZ) The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving…

6 years ago

Petrol, diesel price may rise as duty hiked by Rs 3/l over global prices

New Delhi, March 14 (SocialNews.XYZ) Government has taken the bait provided by unusually low global oil prices to raise excise…

6 years ago

Unprecedented crisis in Agra tourism

By Brij Khandelwal Agra, March 14 (SocialNews.XYZ) Tourism industry in the Taj city is facing an unprecedented crisis due to…

6 years ago

Jack Ma Donates 500,000 Testing Kits And 1 Million Masks To USA To To Combat COVID-19

Over the past few weeks, Jack Ma Foundation and Alibaba Foundation collaborated to source and donate much-needed materials to combat…

6 years ago

India’s forex reserves up by $5.69 bn

Mumbai, March 13 (SocialNews.XYZ) India's foreign exchange reserves made healthy gains of $5.69 billion during the week ended March 6.…

6 years ago

Vistara bans Kamra from flights till April 27

New Delhi, March 13 (SocialNews.XYZ) Full service carrier Vistara has banned stand-up comedian Kunal Kamra from availing its services till…

6 years ago

Value buying, stimulus hopes aide biggest intra-day market recovery

Mumbai, March 13 (SocialNews.XYZ) It was a roller-coaster ride for the Indian stock indices -- S&P BSE Sensex and NSE…

6 years ago

India’s Feb merchandise exports rises, trade deficit widens

New Delhi, March 13 (SocialNews.XYZ) India's trade deficit widened to $9.85 billion on a year-on-year basis in February, official data…

6 years ago



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