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NK Singh succeeds former PM Manmohan Singh as IEG President
New Delhi, Aug 19 (UNI) A member of core group of advisors and strategists during India’s economic reforms of 1991 and Chairman of the 15th Finance Commission NK Singh has succeeded former Prime Minister Dr Manmohan Singh as President of…
Expensive Oil Changes Are Here to Stay
Compact car shoppers may not be too happy when their budget-friendly car requires a $40 — or more — oil change. Automakers including Honda and Toyota are almost exclusively switching from well-known 5W-30 and 10W-30 oils to low-friction,…
RBI issues revised norms for hiring of bank lockers
MUMBAI: The Reserve Bank of India on Wednesday came out with revised guidelines for the hiring of lockers under which the liability of banks will be limited to 100 times its annual rent in case of fire, theft, building collapse or frauds by…
Indian economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam Birla
NEW DELHI: The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, industrialist Kumar Mangalam Birla said on Wednesday.…
Indian cities slip on global rankings with dip in prime property prices in June
MUMBAI: Major Indian hubs, including Bengaluru, Delhi and the financial capital, have slipped in their rankings in a global list of cities prepared by a consultant every quarter, because of a decline in prime residential property prices in…
HDFC Bank shares shed early gains to close marginally lower on bourses
NEW DELHI: After giving up morning gains, shares of the country's leading private sector lender HDFC Bank closed marginally lower on the bourses on Wednesday.
The shares jumped nearly two per cent in early trade after the Reserve Bank's…
SC seeks responses from Centre, Trai on pleas against HC order upholding validity of tariff order
NEW DELHI: The Supreme Court Wednesday asked the Centre and Trai to file reply on pleas challenging the Bombay High Court verdict which had upheld validity of a tariff order passed by the regulator last year but struck down one condition…
How Often Should I Replace My Accessory Drive Belt?
Most vehicles have a rubber belt on the front of the engine that drives accessories such as the air-conditioning compressor, power steering pump and alternator. If this accessory drive belt (also called a V-belts or serpentine belts)…
Franklin Templeton’s shut schemes now have Rs 1,981 Cr cash for distribution
New Delhi: The six shut debt schemes of Franklin Templeton Mutual Fund have Rs 1,981.02 crore of cash available for distribution to the unit holders of the schemes.
So far, the fund house has distributed Rs 21,080.34 crore to the…
Tata Motors delivers 10 Nexon EVs to Gujarat govt
New Delhi: Automobile manufacturer Tata Motors, as part of its tender agreement with EESL, has handed over 10 Nexon EVs for use by senior officials of Gujarat government.
According to the company, these officials are associated with the…
British Airways increases India-UK flight services
New Delhi: British Airways on Tuesday said that it has increased flights between India and the UK.
According to the airline, starting August 16, 2021, flight services have been increased from 10 to 20 per week.
The airline said that…
Retail sales in July stood at 72% of pre-pandemic levels
New Delhi: With the gradual lifting of lockdowns across several states, retail sales in India have improved and in July 2021, they stood at 72 per cent of the pre-pandemic levels of July 2019, according to a survey by the Retailers…
CBIC streamlines process for De-notification of ICDs and CFSs
New Delhi: Providing relief to custodians of Inland Container Depots (ICDs) and Container Freight Stations (CFSs) across the country, the Central Board of Indirect Taxed and Customs (CBIC) on Tuesday streamlined the procedure of…
How Often Should You Rotate Your Tires?
Wondering what the deal is with a tire rotation and whether or not you should get one? The rule of thumb is relatively easy to remember: A good time to rotate your tires is when you get the oil changed, assuming you do that at least once a…
NTPC floats global EOI for pilot on Hydrogen Blending with Natural Gas
New Delhi: NTPC has floated a global Expression of Interest (EoI) to set up a Pilot Project on Hydrogen Blending with Natural Gas in City Gas Distribution (CGD) Network in India.
The EoI follows the recent tenders floated by NTPC REL for…
NCLT rejects ‘Business Restructuring Plan’ of Siva Industries
New Delhi: NCLT Chennai has rejected the one-time settlement offer made by Siva Industries and ordered that the company will go into liquidation.
The NCLT Chennai Bench, comprising R. Sucharitha and Anil Kumar B., said in the…
Component manufacturing to spur growth, says Panasonic
New Delhi: As India enters its 75th year of Independence, consumer durables major Panasonic sees manufacturing of the ACE (Appliances & Consumer Electronics) industrys components in the country as a major growth driver.…
Shift to e-mobility inevitable for India: Grant Thornton-Ficci
New Delhi: India is at the cusp of an e-mobility revolution that would potentially reduce oil imports, address air pollution levels and also help the country meet its climate commitments by reducing the energy intensity of the GDP, Grant…
Mahindra launches XUV700 starting from Rs 11.99L
Mumbai: Automobile manufacturer Mahindra & Mahindra on Saturday launched its new SUV XUV700 with a starting price of Rs 11.99 lakh.
The company also announced prices for its four variants in the five-seater manual…
Bringing cooperative societies under Concurrent List bodes well for the sector
New Delhi, Aug 16 (UNI) Even before the dust completely settles over formation of Cooperation Ministry, the apex body of cooperatives National Cooperative Union of India (NCUI) has said bringing the subject of cooperatives from State List…
