Nepal has decided to terminate all memoranda of understanding (MoU) and decisions reached with an Indian consortium that was preparing to build the Kathmandu-Nijgadh expressway....
The key Indian equity indices on Monday opened flat following global cues....
An immediate fallout of the demonetisation of high value notes would be a mushrooming growth of non-bank entities like Paytm and Free charge into the payment business, industry chamber Assocham said on Sunday citing a study....
Across cities, stores and offices of money changers have remained shut over the past few days as they have a "dearth of cash funds to buy foreign currencies" and "not enough cash to pay buyers of Indian currencies"....
The heightened chances of a US rate and massive flight of foreign funds from the Indian equities markets are expected to further deplete the rupee in the coming week....
India's demonetisation of high-value currency has hit hard the tens of thousands of Nepali migrant workers employed in India as security guards, daily wagers, domestic helps and others who receive salary in cash, as they are struggling to cope with the situation....
Battling an unprecedented cash crunch after the government spiked high-value currency notes, banks at various places have been receiving soiled Rs 100 notes for disbursal that were otherwise supposed to be dumped after being taken out of circulation years ago. ...
Seeking to ensure timely implementation of basic urban infrastructure projects, the Urban Development Ministry has started approving investments in water supply, sewerage networks etc for the next three financial years under Atal Mission for Rejuvenation and Urban Transformation (AMRUT), an official statement said on Friday. ...
Nokia is planning to re-enter the smartphone business in 2017, a slide from Nokia's Capital Markets Day 2016 has revealed....
In a first since going public, Facebook is planning to buy back $6 billion in stock from shareholders beginning in the first quarter of of 2017, a document filed with the Securities and Exchange Commission revealed....
