Business

After BSE, NSE to launch its cross currency derivatives on February 27

Friday, 23 Feb 2018 | PTI | New Delhi

After BSE, leading bourse National Stock Exchange (NSE) on Thursday said it will launch cross-currency derivatives next week, a move that will help increase liquidity in the market. The announcement comes after NSE, earlier this week, received SEBI’s approval for introducing cross-currency derivatives (future and options) on pairs such as Euro...

Digital India possible only if Digital UP happens: Prasad

Friday, 23 Feb 2018 | PTI | Lucknow

Digital India cannot be achieved without a Digital UP, IT Minister Ravi Shankar Prasad said on thursday while urging investors to invest confidently in India. India has a huge potential in the field of IT, he said at the UP Investors Summit being held here, “You see, rapidly, India is getting...

PNB clarifies media reports

Friday, 23 Feb 2018 | PNS | New Delhi

There have been reports appearing in the media that the Punjab National Bank (PNB) has transferred close to 18000 employees. The same is factually incorrect as the bank has transferred 257 sub staff, 437 clerks and 721 officers (total 1415 employees) since 19th February 2018, as per prevailing Rotational Transfer...

Business Corner

Friday, 23 Feb 2018 | Pioneer

felicitation to Indian blind cricket team The Union Minister for Social Justice & Empowerment, Thaawarchand Gehlot felicitated the 17 member Blind Cricket World Cup winning Indian Team and presented them with a cash award of Rs 34 Lakhs at a function in New Delhi on February 21. The Minister of State...

‘We plan to introduce a new segment in luxury car mkt every yr’

Friday, 23 Feb 2018 | Kushan Mitra

In an exclusive interview with The Pioneer, Vikram Pawah, president, BMW India tells Kushan Mitra that the carmaker expects to be ‘simply unstoppable’ in 2018 with all their brands for both cars and motorcycles. Excerpts: BMW had an extremely successful presence at the Auto Expo 2018, does that underline your plans...

Trai says COAI charges of favouritism baseless

Thursday, 22 Feb 2018 | PTI | New Delhi

Telecom regulator Trai on Wednesday termed as “baseless” the COAI’s allegations that its orders appeared to be favouring one operator, and cautioned the industry body against making unsubstantiated charges. Telecom Regulatory Authority of India (Trai) Secretary S K Gupta asserted that the regulator functioned in a “transparent manner” and said that...

SEBI permits clearing corps at IFSC to accept cash as collateral

Thursday, 22 Feb 2018 | PNS | New Delhi

Markets regulator SEBI on Wednesday allowed clearing corporations at international financial services centres (IFSCs) to accept cash and cash equivalents as collateral for trades in all product categories. Cash and cash equivalents will include major foreign currencies as may be decided by the clearing corporation from time to time, term...

CPSE Debt ETF to offer investors interest rate higher than G-Secs: Official

Thursday, 22 Feb 2018 | PTI | New Delhi

The CPSE Debt ETF announced in the Budget this month is likely to give higher interest rate to investors than offered by Government Securities (G-Secs), a Senior Finance Ministry official said. Once the debt ETF is set up, the government-owned companies would be able to borrow funds from the market at...

‘Expect AI divestment to complete in a year’

Thursday, 22 Feb 2018 | IANS | New Delhi

The Union Minister of Civil Aviation, Ashok Gajapathi Raju, on Wednesday said he expects the divestment process of public carrier Air India to be completed within a year. “We hope that by the end of the year we will be able to finish the divestments,” the Minister said, adding, “Government...

Govt gives nod to 13-digit M2M SIM numbers from July 1

Thursday, 22 Feb 2018 | IANS | New Delhi

The Department of Telecommunications (DoT) has asked telecom service providers to start issuing 13-digit digit numbers for SIM based machine-to-machine (M2M) services, which will co-exist with 10-digit numbers. The DoT had approved the scheme and a letter on it was sent to various departments on February 9, 2018. M2M services...


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Multi-dimensional, integrated approach needed to eliminate leprosy

25 Feb 2018 | M Venkaiah Naidu

Today, we are conferring International Gandhi Award-2017 on two outstanding personalities, Dr MD Gupte and Dr Atul Shah, for their selfless and humanitarian services in the cause of elimination of leprosy and in alleviating the suffering of leprosy-affected patients. Leprosy has been prevalent in our country since a very long time...

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STATE EDITIONS

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Pragya Kendras set to play health kiosks for masses

26 Feb 2018 | PNS | Ranchi

Jharkhand would be probably first state of the country where the fleet of common service centres (CSCs) or Pragya Kendra spread all across, especially in smaller towns and villages, would double as telemedicine centres. Department of IT and e-Governance has prepared itself to launch the medical service through CSCs under which any family can get consultation with doctors as many as eight times in a month, get prescribed medicines over there...

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