RBI imposes fines on PPIs for violating norms
The Reserve Bank of India on Friday said that it has imposed penalties on five prepaid payment instrument (PPI) issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms.…
Foreign exchange reserves rise by 4.3 Billion
AMN The country’s foreign exchange reserves soared by USD 4.368 billion to USD 418.515 billion in the week to April 26. The RBI data showed on Friday thst foreign currency…
US end waivers for oil imported from Iran
agencies / The United States on Thursday ended waivers that have allowed countries including India to import oil from Iran without facing US sanctions. Last November, the administration of President…
Hero MotoCorp bets big on 125cc scooters, premium motorbikes
WEB DESK Hero MotoCorp Ltd, the largest two-wheeler maker in India, is betting big on 125cc scooters and premium motorcycles to try and cut its reliance on entry-level motorcycles amid…
GST collections touch all-time high of over Rs 1.13 lakh crore in April
The government aims to mop up Rs 7.61 trillion from GST in 2019-20, an increase of 18% compared to the last fiscal. AMN The Goods and Services Tax, GST collection…
Delhi High Court issues notice to Jet Airways
AMN / NEW DELHI The Delhi High Court has issued notice to Jet Airways on a plea seeking direction to the Civil Aviation Ministry and DGCA to ensure refunds or…
SC directs Amrapali Group to submit details of transactions with Dhoni
AMN / NEW DELHI Supreme Court has directed Amrapali Group to apprise it by tomorrow with respect to all its transaction with cricketer MS Dhoni. The apex court has instructed…
Bid to make `green aviation policy’ a reality
Sanjay Singh / New Delhi In a bid to minimise air pollution and keep the sky clean, various stakeholders at the Centre, which includes Ministry of Civil Aviation, Directorate of…
Sensex soars 490 points to close above 39,000-level
Snapping three days of losing streak, domestic markets rose today tracking record gains on Wall Street amid easing crude prices. However, the rupee weakened against the dollar. The Sensex at…
GoAir offers flight tickets from ₹1,375 in new sale
WEB DESK / New Delhi Budget carrier GoAir is offering flight tickets starting from as low as ₹1,375 on selected routes. The 7-day booking period of GoAir’s latest offer, which…