TECHNOLOGY
In pictures: A look at the Volvo XC40 that has been just launched in India at Rs 39.90 lakh
Volvo, Swedish luxury automobile makers, have launched their most affordable and least powerful SUV for Indian market placed in premium SUV segment
BUSINESS
Fortis' CEO salary hiked fourfold; company says it's 'typo'
Annual reports of the cash-strapped company for years 2015-16 and 2016-17 showed the hike in Singh’s salary
BUSINESS
Bank of International Settlements chief on crypto: Stop trying to create money
When asked if he believes that cryptocurrency has had a positive impact on youth, Carstens asserted that cryptocurrencies fail from having the core features to be a currency
BUSINESS
RBI's directive for crypto doesn't mean the end of the world for exchanges
Some exchanges have said that the INR withdrawals are not stopping despite the ban
BUSINESS
News highlights: United Bank of India to raise equity capital of Rs 1,500 crore
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
BUSINESS
An evening walk down Dalal Street: Trade war fears fail to impact Sensex, Nifty
The S&P BSE Sensex closed 83 points higher or 0.23 percent at 35,657 while the Nifty50 ended 22.90 points higher at 10,772.65.
INDIA
Subway crossing in Andhra Pradesh built in record 4.5 hours: Indian Railways
Indian Railways said that chances of accidents in the area would now be greatly reduced.
BUSINESS
Varroc Engineering stock ends 7% higher at Rs 1040 on BSE
The stock has touched an intraday high of Rs 1,062 and an intraday low of Rs 1,000.
BUSINESS
News in Pics: Your daily dose of pictures from around the world
Moneycontrol brings to you select pictures that are making headlines across the globe…
BUSINESS
Rs 1.2 lakh crore boost for rural income! These 11 stocks are likely to benefit the most from MSP hike
The MSP hikes should impact 310-330 mn tonnes of agri production, 25 percent of agriculture’s GDP contribution and 4.5 percent of GDP.
INDIA
Watching movies in theatres, multiplexes may get costlier in Maharashtra
A state government official expected that the move would generate around Rs 10 crore for the state exchequer.
INDIA
Petroleum products to be brought under GST in stages, says finance secy Adhia
Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of goods and services tax, and states have the right to impose value-added tax on these items.
BUSINESS
Prime Day sale 2018: Amazon to offer platform for startups to launch innovative products
The online retailer is providing an e-platform — Amazon Launchpad for young ventures to unveil their exclusive products for its Prime customers.
BUSINESS
PNB stock ends with nearly 2% gain as co puts 3 NPAs worth Rs 136cr on sale
The company has put on sale three non-performing assets to recover Rs 136 crore dues from the borrowers.
BUSINESS
DHFL Pramerica MF to launch instant redemption facility in liquid fund
The minimum redemption amount will be 100 rupees and in multiples of 1 rupee thereafter
BUSINESS
Hero MotoCorp, TVS Motor, Bajaj Auto, Ashok Leyland, Maruti to get astrological support: Satish Gupta
Hero MotoCorp, TVS Motor, Bajaj Auto, Ashok Leyland and Maruti Suzuki will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
India may come under WTO scrutiny after 13% MSP hike for paddy
The 13 percent hike in paddy's subsidy may bring back India's subsidy issue, but a commerce ministry official believes that India may still be in the safe zone.
POLITICS
Congress accuses BJP of multi-crore 'mega bitcoin scam' in Gujarat
Congress spokesperson Shaktisinh Gohil said a 'bitcoin scam', ranging from Rs 5,000 - 88,000 crore, took place in Gujarat, and that top BJP leadership is behind it.
BUSINESS
Rajasthan, Odisha express inability to meet renewable energy targets: Report
On June 14, the Centre mandated that 21 percent of the power will have to be procured from a renewable source of energy by 2021-22
BUSINESS
Higher minimum support prices could create storage problems
Ministry officials said that the peak stock holding capacity needed was around 600 lakh tonne. It also said that the government is going to have sufficient capacity for storage of food grain at national level.
INDIA
UP lawyer claims he is 'Manasputra' of Former PM Atal Bihari Vajpayee
Sanjeev Dwivedi begins his mornings with a prayer in front of a picture of the former PM and has moved the SC to be declared as his 'son.'
BUSINESS
TCS hits fresh record high; brokerages betting on strong Q1 earnings growth
TCS, which alone constitutes 40 percent of the sector’s PAT, will derive 60 percent of incremental profits in 1QFY19, according to analyst estimates
BUSINESS
Vijay Mallya case: Very happy with UK enforcement order, says SBI MD
A UK court on Thursday said the absconding billionaire businessman's home can now be searched to seize his assets and recover money owed to banks
BUSINESS
Walmart may pay $2 billion withholding tax for Flipkart deal
This could be the biggest tax payment if the deal goes through
