Business & Trade

Union Govt sets up Panel to examine Virtual Currencies

The Union Government has set up an Inter-Disciplinary Committee to examine the existing framework with regard to Virtual Currencies including Bitcoins. The Committee, chaired by Special Secretary (Economic Affairs), will take stock of the…

Jio woos Customers with ‘Dhan Dhana Dhan’ Plan

Days after Telecom Regulatory Authority of India (TRAI) asked Reliance owned Jio services to roll back its summer surprise offer, the telecom giant announced a new offer that offers its prime members 1 GB 4G data for 84 days at a price of…

Fuel Prices to be revised Daily in 5 Cities from May 1

India’s state-owned fuel retailers, on Wednesday, decided to opt for a daily revision of fuel prices, as per the international regulations. Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan petroleum Corporation…

Cognizant may lay off 6,000

The employment scenario in the country is bleak what with the IT sector, including the startups - a key sector in the jobs market - letting go off employees in large numbers. Cognizant Technologies is the latest in a long line of IT majors…

Cash transactions to be capped at Rs 2 lakh

New Delhi: Government today moved a fresh proposal to cap cash transactions at Rs 2 lakh instead of Rs 3 lakh as provided in the Budget, as it introduced as many as 40 amendments to the Finance Bill in an 'unprecedented move'. As the…
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