The US Department of Defense has awarded Lockheed Martin with a $450 million contract to develop F-35 fighter jets for South Korea. ...
Indian equity markets soared during the mid-afternoon trade session on Friday as investors' sentiments wer...
The deadline to deposit old Rs 500 and Rs 1,000 notes in banks ends on Friday. From next week onward, those still holding the scrapped currency can deposit it only with the Reserve Bank of India till March 31, 2017....
The year 2016 has been the most momentous since India's Independence for the Reserve Bank on account of a trinity of events -- Raghuram Rajan's exit from the governorship, the decision on interest rates for the first time by a Monetary Policy Committee and the demonetisation of high-value currency last month....
With the Reserve Bank of India (RBI) indicating that there is going to be a shortage of currency notes, Kerala Finance Minister Thomas Issac on Friday said the withdrawal of December salaries could be a problem. ...
There will be no jail term for holding demonetised Rs 500 and Rs 1,000 notes, according to the ordinance that was approved by the Union Cabinet on Wednesday, official sources said....
Facebook already knows a lot about your online activities and you are pretty much aware of it. But a new media investigation has revealed that the social ne...
Amid the rush among Indian expatriates scurrying home to exchange the demonetised Rs 500 and Rs 1,000 notes before the December 30 deadline, a Dubai-based numismatist who hails from India, has advised his compatriots to "hold onto their old currency notes". ...
The Enforcement Directorate (ED) on Thursday said it has arrested Delhi-based lawyer, Rohit Tandon, for converting over Rs 60 crore demonetised currency in new notes. "Advocate Rohit Tandon has been arrested under PMLA in over Rs 60 crore note conversion case in connivance with Kotak Bank Manager Ashish Kumar and hawala trader Paras Mal Lodha," ...
Central bankers are often called Masters of the Universe. No period in financial history has proven this more than the aftermath of the global financial crisis (GFC). It was the unorthodox methods of the central bankers -- especially those of Western, developed economies -- that saved the financial system from falling off a cliff and, in turn, sa...
