admin February 11, 2019

US retail major Walmart, which invested USD 16 billion in Flipkart, Wednesday said it is committed to the Indian market and is optimistic despite recent changes in the FDI policy for e-commerce firms in the country. The Bentonville-based retailing major’s statement came after a recent report by global consultancy firm Morgan Stanley, which had hinted […]

admin February 11, 2019

Individual taxpayers taking home up to ₹5 lakh a year will be spared from having to pay income tax from the next financial year, finance minister Piyush Goyal said on Friday, as he unveiled a middle class friendly interim budget ahead of the next general election. The benefit will accrue in the form of a […]

admin February 11, 2019

Sachin Tendulkar has no hesitation in terming India as favourites going into the World Cup but what makes him happier is the team’s ability to be competitive “in any part of the world and on any surface”. The Indian ODI team under Virat Kohli has won three bilateral away series against South Africa (5-1), Australia […]

admin February 11, 2019

In a twist to the murder of RSS worker Himmat Patidar in Madhya Pradesh’s Ratlam district, it has turned out that the victim was not of Patidar but instead the prime suspect Madan Malviya, police said today. A desire to claim Rs 20 lakh life insurance that Patidar had taken out in his own name […]

admin February 11, 2019

A 97-year-old Indian-origin man in the UAE has got his driving licence renewed for the next four years, a media report has said. Tehemten Homi Dhunjiboy Mehta, who was born in 1922, could become the first centenarian to be driving on Dubai roads in three years. His licence is valid until October 2023, Gulf News […]

admin February 11, 2019

Prime Minister Narendra Modi will likely launch the government’s new pension scheme for unorganised sector workers on February 15 and a trial run of the software of the new scheme is slated for Monday, a top government official said on condition of anonymity. The scheme will be administered by the Life Insurance Corporation of India, […]

admin February 11, 2019

India’s new e-commerce investment rules bar online retailers from selling products via vendors in which they have an equity interest, and also from making deals with sellers to sell exclusively on their platforms. (Ramegowda Bopaiah/Mint.) India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company […]

admin February 11, 2019

One of Europe’s traditional financial powerhouses Manchester United meet the nouveau riche Paris Saint-Germain as the Champions League last 16 gets underway on Tuesday with both sides hoping to finally reap some reward on the biggest stage from record levels of investment. Despite splashing hundreds of millions on new players since taking over in 2011, […]

admin February 11, 2019

India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners. The products began to disappear from Amazon India late on Thursday as it began complying […]

admin February 11, 2019

Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches. With the country’s economy in meltdown, an estimated 300,000 fortune hunters have descended on this mineral-rich jungle area to earn a living pulling gold-flecked earth from makeshift mines. Their picks […]