General insurers have received claims worth around Rs 200 crore following cyclone Vardah that crossed the Chennai coast on December 12, officials said. The cyclone damaged factories, godowns, ships and vehicles, neon sign boards, mobile towers and power infrastructure. A public sector insurance official said the minimum hit for the company's bottomline would ...
The Internet of Things (IoT) will be a dominant factor to drive internet growth in the country with 75 per cent of respondents vouching for it, a new survey by Mahindra Comviva said on Friday. Mahindra Comviva -- a value-added services provider for mobile operators -- with online communication hub Mobile World Live said 35 per cent of respon...
Congress Vice President Rahul Gandhi on Friday led a party delegation that met Prime Minister Narendra Modi seeking waiver of loans to farmers. Gandhi along with senior party leaders, including Punjab unit chief Captain Amarinder Singh and Leader of Congress in the Lok Sabha Mallikarjun Kharge, raised the issue of farmers and their suicides nation...
The BJP on Friday criticised the Congress for not acting against black money hoarders during the last three years of the UPA-II tenure, whereas the Modi government formed an SIT on the matter. Parliamentary Affairs Minister Ananth Kumar said that even the CPI-M was supporting the Congress, resisting action against stemming black money. ...
In your youth, you must have played platform games like "Street Fighter," "Pacman" and the quintessential "Mario" on huge coin-operated machines in dingy ice-cream parlors with joysticks and buttons. Nearly two decades later, video gaming consoles like Xbox and PlayStation have become a runaway hit among youth and the craze is only gro...
West Bengal Chief Minister Mamata Banerjee on Friday targeted Prime Minister Narendra Modi over the reported deaths of 100 people across the country following the government's November 8 move demonetising Rs 1,000 and Rs 500 notes. "How many more every day Modi babu," Banerjee tweeted. The Trinamool Congress supremo was alluding to a list of 100 pe...
The RBI on Thursday said it will be mandatory for banks to take the PAN of holders of small accounts, or those opened by submitting the holder's photograph and affixing signature or thumb impression in a bank official's presence, where deposits after demonetisation have exceeded Rs 2 lakh and the total balance is Rs 5 la...
Signalling a definitive reversal of the continuous decline in Indian exports earlier in the year, official data on Thursday showed these grew for the third month in a row at $20 billion in November, an uptick of 2.29 per cent over the $19.56 billion in November 2015. ...
In yet another clarification on the government's demonetisation drive aimed to curb black money, Finance Minister Arun Jaitley said on Thursday that the move towards a cashless economy is actually a "less cash economy" as no economy can be fully cashless. Making his opening remarks at the fifth meeting of the Parliamentary ...
Negative global indices, coupled with depreciating rupee and profit booking, subdued the Indian equity markets on Thursday. The two benchmark indices could not sustain their gains and provisionally closed in the red, as heavy selling pressure was witnessed in healthcare, consumer durables and FMCG stocks. The wider 51-scrip Nifty of the National ...
