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PTI
New Delhi, July 5, 2018
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London. It permits the officer and his agents entry to Ladywalk and Bramble Lodge in Tewin, Welwyn, where Mallya is currently based.


PTI
New Delhi, July 5, 2018
China today welcomed Air India's decision to change Taiwan's name to Chinese Taipei on its website and asserted that foreign companies operating in the country must obey China's law and respect its sovereignty and territorial integrity.


PTI
July 5, 2018
Unveiling the budget proposals in the Assembly, Kumaraswamy, who also holds the finance portfolio, said he has limited the loan amount to Rs 2 lakh, as it was \"not right\" to waiver higher value crop loan.


BusinessToday.In
New Delhi, July 5, 2018
To put things in perspective, India's largest lender SBI's home loan book reportedly stands at Rs 3.13 lakh crore - it is the market leader in the space, pipping the country's largest housing finance provider, Housing Development Finance Corporation (HDFC)


BusinessToday.In
New Delhi, July 5, 2018
The three state-owned fuel retailers, IOC, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had not revised petrol and diesel prices since June 26 before which it was on a steady decline.


PTI
July 4, 2018
The Reserve Bank of India has issued licence to Bank of China to launch operations in India, official sources said today.


PTI
July 4, 2018
The Reserve Bank (RBI) today directed banks to ensure that minorities in 121 identified districts receive a fair and equitable portion of credit within the overall target of the priority sector lending.


PTI
New Delhi, July 4, 2018
As per the plan, Mobile Sahayaks (facilitators) will be hired through an agency that would set up call centres. Various certificates such as caste, new water connection, income, driving licence, among others, will be covered under the scheme.


PTI
July 4, 2018
The Plaza Hotel, one of New York's most iconic buildings in which Subrata Roy-led Sahara India group has majority stake, has been fully acquired by a Qatar government-owned fund for about $600 million, according to a media report today.


BusinessToday.In
July 4, 2018
The Mumbai bench of NCLT on Wednesday deferred its judgement on ousted Tata Sons chairman Cyrus Mistry's petitions against the Tata Group.


BusinessToday.In
July 4, 2018
Arun Jaitley's remarks came weeks after the Pune police on June 21 arrested the entire top management of the state-run Bank of Maharashtra for a loan of Rs 94.5 crore to the scam-tainted developer DSK Group allegedly in violation of its lending rules.


BusinessToday.In
New Delhi, July 4, 2018
CBI seeks custodial interrogation of P Chidambaram in INX Media caseThe Central Bureau of Investigation (CBI) on Tuesday moved a plea in the High Court for permission to go ahead with the custodial interrogation of former finance minister P Chidambaram in the INX Media corruption case as he was not allegedly cooperating in the investigation. The investigating agency moved its application merely a few hours after Chidambaram's plea for extension of interim protection from arrest was granted by the Delhi High Court. The premier investigation agency made the submission in an affidavit filed before Justice A K Pathak, who listed the matter for hearing on August 1 and extended till then the interim protection against arrest granted to Chidambaram on May 31. Why should women do all the work?According to a recent report by the International Labour Organisation (ILO), in India women spend 297 minutes per day on the care responsibilities, 9.6 times more than men. While men spend only 30 minutes to provide care for elderly and children at home, one of the lowest in Asia-Pacific. Globally, the situation is not much different, where women perform 76.2 per cent of total of unpaid care work, three times as much as men. In Asia and the Pacific it rises to 80 per cent. In 2018, 49.5 per cent of women in Asia-Pacific declared that they cannot work or are not looking for a job due to unpaid care work. Govt warns WhatsApp over spread of messages triggering violence  The government today directed WhatsApp to immediately take steps to prevent the spread of \"irresponsible and explosive messages\", saying the social media platform cannot evade its responsibility, amid a spate of lynching cases purportedly triggered by posts circulated on such popular messaging apps. WhatsApp has also been asked to immediately contain the spread of such messages through application of technology, even as law and order machinery takes steps to apprehend the culprits. Noting that miscreants were repeatedly circulating provocative messages triggering a spate of violence, the government has said it has \"conveyed in no uncertain terms that WhatsApp must take immediate action to end this menace and ensure that their platform is not used for such malafide activities\". When contacted, a WhatsApp spokesperson told PTI, \"WhatsApp cares deeply about people's safety and their ability to freely communicate\". Google is letting third-party developers access your Gmail InboxThe Mountain View tech giant, Google, has been allowing third-party app developers to scan through inboxes of Gmail users, according to a recent Wall Street Journal report. In June last year, Google stopped scanning user's emails, which was being done to provide personalised ads. Despite curtailing the inapt practice, it has allowed hundreds of third-parties to continue doing the same. The report said, \"Google does little to police those developers, who train their computers - and, in some cases, employees - to read their users' emails.\"  Saudi says ready to pump more oil to balance market  Saudi Arabia, the world's top crude exporter, said today it was prepared to use its spare production capacity, estimated at two million barrels, to balance the global oil market. \"The kingdom is prepared to utilise its spare production capacity when necessary to deal with any future changes in the levels of supply and demand,\" a cabinet statement said following a meeting chaired by King Salman. The statement said the kingdom will coordinate with other producers.Saudi Arabia, which has been pumping around 10 million barrels per day, holds the largest spare capacity in the world and is the only country that can add substantial supply to the market. Harley-Davidson row: Trump says administration working to bring other motorcycle companies to US  President Donald Trump said today his administration is talking with other motorcycle companies about moving to the US after Harley Davidson decided to shift some operations overseas in the wake of retaliatory EU tariffs against American duties. Harley-Davidson said on June 25 that tariffs implemented by the EU would increase the average cost per motorcycle by about USD 2,200 and the company will shift some production overseas as a result. The European Union imposed the tariffs in retaliation against the Trump administration's duties on steel and aluminum imports, which were an effort by Trump to protect US jobs.


BusinessToday.In
July 4, 2018
Hike in paddy minimum support price will increase the food subsidy bill by over Rs 11,000 crore based on procurement figure of the 2016-17 marketing year (October-September).


PTI
July 4, 2018
\"...the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 starting July 1 and ending on September 30, 2018 shall remain unchanged from those notified for the fourth quarter of financial year 2017-18,\" the Finance Ministry said while notifying the rates for the second quarter.


PTI
New Delhi, July 3, 2018
As per the fresh criteria, which was put up by the Fortis board on May 29, the potential buyer had to make a minimum investment of Rs 1,500 crore into Fortis Healthcare by way of preferential allotment.


BusinessToday.In
July 3, 2018
In early April, India's foreign exchange reserves had hit a life-time high of $424.864 billion, and was cited by Asian Development Bank's Chief Economist Yasuyuki Sawada as the reason why India did not need to worry much about currency fluctuations.


PTI
July 3, 2018
In August last year, Sebi had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long.


BusinessToday.In
July 3, 2018
India imported 771,000 barrels of crude oil a day from Iran in May, a 35 per cent increase from the previous month.


BusinessToday.In
July 3, 2018
The Central railway has extended routes of some local trains to clear extra rush from Ghatkopar station. Train services between Chhatrapati Shivaji Terminus and Bandra railway station are normal.


BusinessToday.In
July 3, 2018
The panel, which was set up to study the feasibility of an ARC/AMC for faster resolution of bad loans, has suggested a five-pronged strategy that includes -- SME resolution approach, bank-led resolution approach, AMC/AIF led resolution approach, NCLT/IBC approach, and asset-trading platform.


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