The Delhi State Consumer Disputes Redressal Commission's decision to fine mobile phone firm Vodafone Rs 50 lakh (Rs 5 million) for offering prizes of gold coins and a Maruti SX4 as part of a promotional scheme is something all marketers in the country would do well to pay attention to.
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.
The country saw two straight years of deficient monsoons.
Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.
In yet another setback to the Chinese toy industry, millions of toys made in the country are being withdrawn from the US and Australia as they allegedly contained a chemical which mimics the reaction caused by a date-rape drug and could lead to children slipping into coma. Moose Enterprise of Melbourne, Australia, the manufacturer of the popular toy called Aqua Dots, blamed the reaction on substation by a Chinese factory of toxic glue for a safe glue.
The National Multi Commodity Exchange is planning to launch turmeric futures of Erode variety soon.
Around 7 billion units of coal power valued at Rs 2,400 crore lost due to drought.
Infosys aims to commission 55 MW of solar plants by end of 2016.
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
The victim has been diagnosed with cancer. She was also forced to consume abortion pills by the perpetrators.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
Mansingh, a 1970-batch IAS officer from Gujarat cadre, was the number one choice for the post of chairman of PRB at the screening done by the Search Committee headed by Planning Commission Member (energy) Kirit Parikh, top officials said.
Talks on with P&G, HUL, Patanjali, among others to push their products via 250,000 common centres
In his order last week, Civil Aviation Secretary K N Srivastava ruled the meanings of transaction fee, commission or convenience fee were the same -- payment of remuneration to an intermediary.
Its executives are test-marketing the model in New Delhi.
The removal of over 54,000 accounts was the largest such removal yet.
There is lack of scientific basis in computing the poverty line, says govt.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
The Monopolies and Restrictive Trade Practices Commission on Wednesday banned consumer electronics major LG Electronics from advertising its 'Mangal Hi Mangal Offer' gift scheme, saying the advertisement was "deceptive".
The decision, taken by the Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi, comes less than a year before next general election.
In its decision over a tariff revision proposal submitted by the BEST, the MERC has given this direction.
Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.
Higher rural incomes, pay commission benefits, and lower interest rates are key positives: Analysts
Watal panel had suggested an independent payments regulator be set up.
The consumer price index was estimated as being up 3.5 per cent in March from a year ago, the biggest increase in 15 years. On June 6, 2007, the European Central Bank raised its key interest rate from 3.75 pe cent to 4.00 per cent, the highest level in almost four years. In terms of economic freedom, old Europe still lags behind. The Heritage Foundation has the three largest economies, Germany, France, and Italy, ranked 19th, 45th, and 60th respectively in the world.
Maggi banned in Delhi for 15 days.
The revised salaries of central government employees are likely to be paid from July 1, 2016.
The Appellate Tribunal for Electricity has set aside an order of Maharashtra Electricity Regulatory Commission against Reliance Energy Ltd on a dispute related to billing complaints by its customers in Mumbai.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
In his blog, sikka said, "It is clear to me that despite our successes over the last three years, and the powerful seeds of innovation that we have sown, I cannot carry out my job as CEO and continue to create value, while also constantly defending against unrelenting, baseless/malicious and increasingly personal attacks."
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
In April, RBI had projected retail inflation to be around 5 per cent.
Canada is the top supplier of pulses to India, which is expected to import 1 million tonnes more this year.
"The main risk stems from the uncertainty surrounding the outcome of the south west monsoon in view of the rising probability of an El Nio event around July-August, and its implications for food inflation," RBI said, as it kept the status quo on key interest rate for the third time in a row.
It is worrisome that salaries are consuming as much expenditure as equipment.
Officials in the power department said industrial demand (which accounts for 40 per cent of the state's power consumption) didn't rise last year, contributing to surplus power.
Representatives of the Maratha community attributed the stepping up of pressure by the community to the "arrogance and lies" told to its members by the Bharatiya Janata Party-led government, and the "uncontrolled anger" among its youth over the delay in getting reservations.
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
'At this stage, you should distribute money and food.' 'Like you queue up to vote, let people queue up to collect this.' 'This will arrest the decline in demand which will have a multiplier effect on the demand side for the economy as a whole.' 'The government should earmark about 2% of the GDP for this.' 'And this should be the first step to revive the economy.'
