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OPEC agrees to extend oil output cuts till March

Vienna |Friday, 2017 2:15:04 AM IST

The Organization of the Petroleum Exporting Countries (OPEC) on Thursday agreed to extend until March 2018 an oil output cut agreement put in place for six months effective from January 1 and will exp

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US appeals court upholds block on Trump's visa ban

Washington |Friday, 2017 2:45:04 AM IST

A US federal appellate court upheld an injunction issued by a lower court blocking enforcement of President Donald Trump's executive order barring issuance of visas to residents of six Muslim-majority

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Banks told to renew loans to drought-hit Karnataka farmers

Bengaluru |Friday, 2017 1:15:04 AM IST

Karnataka Chief Minister Siddaramaiah urged the state-run banks and cooperatives to grant fresh loans to farmers, reeling under the impact of severe drought across the state.

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Tea Board engages agency to carry out study on tea industry

Kolkata |Thursday, 2017 6:45:04 PM IST

The Tea Board India on Thursday said it has decided to engage a professional agency to carry out a comprehensive study on the status of tea industry after share of organised sector declined to 66 per

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Indian agency bags America's PR World Gold

Mumbai/San Francisco |Thursday, 2017 8:15:04 PM IST

Mumbai-based Concept Public Relations India Limited has been chosen for the Gold Award at the prestigious 7th Annual PR World Awards, instituted by Silicon Valley Communications of the US.

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Cloud-driven Citrix set to hire, invest more in India

Orlando (Florida) |Thursday, 2017 1:45:23 PM IST

As desktop virtualisation leader Citrix moves aggressively into the domain of enterprise mobility, Cloud and data analytics, the company is set to hire and invest more in India at a time when the coun

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Melbourne to be Australia's largest city by mid-2030s: Expert

Melbourne |Thursday, 2017 1:45:28 PM IST

Melbourne would be Australia's largest city by the mid-2030s, data released on Thursday revealed.

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Proposed GST rates on sugar, tea lower

New Delhi |Thursday, 2017 7:45:05 PM IST

The proposed Goods and Services Tax (GST) rates on sugar, tea, coffee (other than instant coffee) and milk powder will be much lesser than prevailing taxes, the Finance Ministry said on Thursday.

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IDBI Bank initiates process to sell non-core assets

New Delhi |Thursday, 2017 7:45:04 PM IST

Aiming at a turnaround to augment its capital base and recover from bad loans, the IDBI Bank on Thursday said it has initiated the process to sell its non-core assets over a period of time.

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Ashok Leyland posts Rs 1,223-cr net, plans Rs 500-cr capex (Lead)

Chennai/Mumbai |Thursday, 2017 7:45:04 PM IST

Commercial vehicles major Ashok Leyland Ltd, closing last fiscal with a net profit of Rs 1,223 crore on a revenue of Rs 21,332 crore, plans to invest around Rs 500 crore during the current year, the c

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Mamata meets Modi, again seeks state debt restructuring, funds

New Delhi |Thursday, 2017 7:45:04 PM IST

West Bengal Chief Minister Mamata Banerjee on Thursday met Prime Minister Narendra Modi and again sought the restructuring of the state's debts and release of Rs 8,000 crore due to Bengal under variou

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AfDB President hopes India helps bank's skill, power agenda

Gandhinagar |Thursday, 2017 7:15:04 PM IST

Elated over the outcome of the five-day annual meeting of African Development Bank (AfDB) and interaction with the Union Ministers, bank President Akinwumi Adesina on Thursday said he hoped India wil

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