Business

EPFO subscription shows 1.37 crore formal sector jobs created in FY19

New Delhi,  Around 1.37 crore jobs were created in the formal sector during the financial year 2018-19, according to data released by the Central Statistics Office (CSO) on Friday. The CSO used addition to the Employees’ Provident Fund (EPF) subscriber …

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Korean Air holding job fair for grounded Jet pilots

New Delhi, Korean Air will hold a two-day “road show” in Delhi on Friday and Saturday to hire pilots from the grounded Jet Airways which has seen an exodus of staff in the wake of suspension of operations. The foreign …

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High airfare drags air passenger traffic lower

New Delhi, High airfares as a result of capacity constraint dragged the domestic air passenger traffic lower by 4.2 per cent to 109.95 lakh in April 2019 on a year-on-year (Y-o-Y) basis, ratings agency ICRA said on Thursday. A day …

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US dollar declines against rising Yen

New York,The US dollar declined against most of its major rivals in late trading on Thursday amid investors’ growing appetite for the Japanese Yen. The Japanese Yen was among the best-performing currencies, as market participants were mainly reacting in risk-off …

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Key Indian equity market indices open in green

Mumbai, Taking a cue from the initial trend of the Lok Sabha polls verdict which indicates the BJP-led NDA candidates are leading, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which …

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RBI’s revised stress assets resolution circular soon

Protecting depositors, taxpayers is public interest RBI

New Delhi, The Reserve Bank of India’s revised stress assets resolution circular is likely to be out after lifting of the model code of conduct following conclusion of the general election. The revised circular is ready and will be out …

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SAT grants interim stay on NSE’s disgorgement order

Mumbai, The Securities Appellate Tribunal (SAT) has been granted a stay on SEBI orders in the co-location issue specifically pertaining to disgorgement order. “The direction in impunged order relating to disgorgement by the NSE shall remain stayed during pendency of …

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Equity indices open flat, Sensex up 0.15%

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Mumbai, The key Indian equity indices opened on a flat note on Wednesday tracking a mixed trend in the Asian markets. The indices however, made marginal gains so far after opening on a flat note. At 9.36 a.m., the Sensex …

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Hyundai launches connected compact SUV Venue

New Delhi, Automobile major Hyundai Motor India on Tuesday launched India’s first “fully connected” SUV – Hyundai Venue — in both petrol and diesel variants. According to the company, the petrol variant of the SUV has been priced between Rs …

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PNB may lead next round of PSU bank merger in Sept

New Delhi, Punjab National Bank may be centre of the next round of PSU bank merger in September where the Delhi-based lender could take some smaller PSU banks under its ambit. The names of Syndicate Bank, Oriental Bank of Commerce, …

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