Australian fast bowler Pat Cummins shattered the record for the most expensive foreign buy ever in the IPL auction as Kolkata Knight Riders bought him for a massive Rs 15.50 crore.
The government has hiked the interest rate on Public Provident Fund account (PPF) to 8.6 per cent from 8 per cent. The investment ceiling has been raised to Rs 1 lakh a year.
Mahendra Singh Dhoni's side were crowned the World Cup winners after beating Sri Lanka by six wickets in the final at the Wankhede Stadium here on Saturday to become only the second Indian squad to win cricket's showpiece event after Kapil Dev's 1983 outfit.
Widening the ambit of its probe, the police has sought information from the National Stock Exchange (NSE) about investments made by the alleged mastermind of the Citibank fraud, Shivraj Puri, even as it tried to locate his iPad, which may contain crucial data.
'Everybody knows that any solution would upstage and expose official bungling.' 'That is something Mrs Sitharaman's masters will not allow.' 'No matter how high the cost in human misery, they will squander a fortune on the unnecessary Central Vista extravaganza,' notes Sunanda K Datta-Ray.
As per the bill, the salary and allowances of legislators have been raised from Rs 55,000 to Rs 1,05,000 per month, an increase of 90.91 per cent.
And if there are so many opportunities, why haven't they invested in them, asks Debashis Basu.
These include increasing the public float in listed companies to 35 per cent from 25 per cent, increasing the minimum statutory limit for FPI investment in a firm from 24 per cent to the sectoral foreign investment, and lowering government holding in listed public sector undertakings.
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
In a bonanza for lawmakers, Finance Minister Pranab Mukherjee on Friday announced that the constituency fund of Members of Parliament will be more than doubled to Rs 5 crore per year from April 1.
Here's a look at Hindi cinema's earlier rendezvous against exotic backdrops.
A local court on Thursday extended police remand of Shivraj Puri, the main accused in the Rs 300 crore (Rs 3 billion) Citibank fraud, by 6 days as police sought time to recover an iPad used by the mastermind to communicate with his clients.
Finance Minister Pranab Mukherjee's bonanza to Members of Parliament of increasing their Local Area Development funds from Rs 2 crore to Rs 5 crore has come as a shot in the arm for members of the Parliament cutting across party lines. All are happy except one leader, the chairman of the Rajya Sabha Hamid Ansari.
There was an acknowledgement from the highest quarters that there was a need to "boost the delivery system".
Twenty-six year old Casey Brinegar and 22-year old Kartik Kalaichelvan, both flight instructors, and Kartik's brother Pratik Kalaichelyan, 19, died in the accident. Brinegar and Kartik died on the spot while Pratik died in the hospital. Officials have not determined yet, who piloted the plane.
As a bonanza to southern states, Finance Minister Pranab Mukherjee is expected to allocate funds worth Rs 6,000 crore (Rs 60 billion) for Chennai and Bangalore Metro rail systems in the forthcoming Budget.
In December 2008, legendary Diego Maradona had set foot in this football-crazy city. Come September 2, another Argentine stalwart Lionel Messi is set to arrive with his national team.
Jackie starring Puneet Rajkumar and Bhavana, and Kichcha Huchcha with Sudeep and Ramya in the lead will hit theatres in just a day's gap this festive season.
The reserve price is Rs 1,750 crore for a pan-India BWA spectrum licence.
In an Indpendence Day-eve bonanza, Jammu and Kashmir Chief Minister Omar Abdullah on Saturday announced his government will recruit 50,000 youths in the next few months and pitched for restoration of autonomy to the state to bridge the 'trust deficit' between the people and the Centre.
The final placement process, which kicks off on December 1, is expected to be a season of bonanza, with recruiting companies queuing up once again after a two-year lull.
EPFO's suggestion to hike interest on EPF is with Finance Ministry. What it means for you...
Mumbai's famous Kala Ghoda art festival has begun.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Building houses and sending children abroad for higher studies is becoming common.
Joginder Tuteja looks at the Independence Day releases over the years.
The intensifying debt woes in Europe with its epicentre in Greece, is likely to have a considerable impact on the domestic stock market in the immediate short-term, as foreign investors are likely to exercise caution before parking fresh funds, say analysts.
Juan Antonio Samaranch, who steered the Olympic movement through two turbulent decades marked by political boycotts, bribery and drug scandals plus a greater emphasis on commercialism, died at the age of 89.
Sunanda Pushkar on Sunday quit Rendezvous Sports World which is a stakeholder in IPL Kochi after she decided to return her free equity worth Rs 70 crore to the franchise in a last ditch attempt to save her friend, Union minister Shashi Tharoor.
While TV shows elsewhere lure participants by cash bonanza and cars, the top prize in a reality show in Malaysia, which has cast a spell on viewers, is the winner becomes an Imam.
All employees of India's second largest information technology services company, Infosys, will get a stock bonanza on its 30th birthday on July 2.
The oil sector has been quite lucky for the Modi government. It has often provided an opportunity to the government to mend its finances, notes A K Bhattacharya.
At the BSE, 1,791 stocks declined, while 948 advanced, 110 stocks remained unchanged.
England's rampant one-day side powered to a fourth straight win over Australia, following up their world record rampage at Trent Bridge with a commanding six-wicket victory at Chester-le-Street on Thursday led by centurion Jason Roy.
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
The Empowered Group of Ministers headed by Pranab Mukherjee has cleared the Food Security Bill, paving the way for Right to food to be made a fundamental right backed by legal provision. The bill is strongly supported by Rahul Gandhi and Congress president Sonia Gandhi.
Fares would vary according to sector.
Saina Nehwal struggled her way to the second round of the French Super Series badminton tournament after defeating German Juliane Schenk in a thrilling first-round match in Paris.
In a bonanza to farmers, the government on Friday announced a subsidised five per cent interest rate on crop loans on timely repayment, while proposing a 15 per cent hike in credit made available for farm sector.
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