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United India Co-operative Bank ceases business as RBI cancels license

The Reserve Bank of India (RBI) on Wednesday said it has cancelled the licence of Uttar Pradesh-based United India Co-operative Bank Limited, citing lack of adequate capital and earning prospects.

10 BJP MLAs suspended; Karnataka Assembly witnesses chaotic scenes

The Karnataka Legislative Assembly on Wednesday witnessed chaotic and unruly scenes as angry BJP legislators tore copies of bills and the agenda, and threw them at the Deputy Speaker

63,000 remain affected by floods in Assam, one new death reported

A total of 63,606 people, including 30,354 men, 24,868 women and 8,384 children are reeling under the impact of floods in 14 districts of the state

US firm GQG Partners buys 5.96% stake in Patanjali Foods via OFS route

Patanjali Ayurved's sale of shares of Patanjali Foods got oversubscribed more than two times at the end of the two-day offer on Friday

Union Cabinet approves recommendations of Parl panel on Mediation Bill

The official amendments cleared by the cabinet are based largely on the recommendations made by the parliamentary panel, sources said

Plus91 Labs acquires IT company Pixely to strengthen presence in S Asia

Cloud consulting and IT service provider Plus91Labs on Wednesday announced the acquisition of Pixely (Internet X Pte Ltd), which is specialized in tailored solutions for the Southeast Asian market

Soren inaugurates, lays foundation stone for projects worth Rs 800 cr

Jharkhand Chief Minister Hemant Soren inaugurated and laid the foundation stone for 188 projects worth a total of Rs 800 crore

Delhi LG, CM meet at Raj Niwas to discuss DERC chairperson appointment

Delhi Lieutenant Governor V K Saxena and CM Arvind Kejriwal on held a meeting at the Raj Niwas here to pick a candidate to head the Delhi Electricity Regulatory Commission (DERC), officials said

Aware of concerns of visually impaired, issuing banknotes huge task: RBI

The central bank pointed out that the expenditure that would be incurred in introducing a new series of currencies would be high

Tamil Nadu has secured nearly Rs 3 trn investments till date: Govt

Chief Minister M K Stalin, along with a host of delegates, have been on overseas trips to invite multinational companies to set up shop in the state

Professionals registered on MCA21 portal to have single ID, says govt

The institute has also initiated communication with its members to solicit the requested information on account of multiple IDs, he added

WFI elections now to be held on August 7 following series of postponements

The Gauhati High Court had stayed the polls on June 25, the last date to submit names for the electoral college

Govt reduces price of subsidised tomato to Rs 70 from Rs 80 per kg

The maximum retail price is Rs 245 per kg, while the minimum retail price is Rs 40 per kg and the modal price is Rs 120 per kg

Reform momentum likely to pick up after Lok Sabha elections next year: S&P

S&P anticipates that the central government will meet its modestly lower fiscal deficit target and also state governments will be consolidating their finances gradually overtime

Opposition gives no-confidence notice against Karnataka Assembly Speaker

It has been jointly signed by BJP and JD(S) MLAs, including former Chief Ministers Basavaraj Bommai and H D Kumaraswamy

Green road freight cluster to help reduce gas emissions in India: WEF

The World Economic Forum on Wednesday announced the launch of India's first zero-emission road freight cluster initiative which will reduce the country's greenhouse gas emissions

Coal Ministry extends last date for registration under Star Rating policy

The last date for registration of coal and lignite mines under Star Rating programme has been extended until July 25, an official statement said

Crisil reports 10% growth in profit to Rs 150.6 cr in Apr-Jun quarter

Largest rating agency Crisil, majority owned by the Wall Street-based S&P, Wednesday reported a 10 per cent growth in net income at Rs 150.6 crore for the second quarter ending June

Indian jobseekers value flexibility over salary, finds Indeed survey

Work flexibility is the most crucial parameter for Indian jobseekers, much more than compensation and benefits, according to a survey by global job site Indeed.

Centre rolls out mandatory quality norms for insulated flask, bottles

The government said it has issued mandatory quality norms for insulated flask, bottles and containers with a view to containing import of the sub-standard goods and boost domestic manufacturing