Economy

PNB shares fall 7.8 percent after detecting fraudulent transactions worth $1,771.7 million

New Delhi: The Punjab National Bank, India’s third largest lender, on Wednesday detected fraudulent transactions worth $1,771.7 million (Rs.10,000 cr) in its Mumbai...

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Jammu and Kashmir signs first ever Foreign Direct Investment MoU with Dubai Ports Group

Jammu and Kashmir’s finance minister Haseeb Drabu on Saturday signed the first ever Foreign Direct Investment (FDI) agreement with Dubai Ports (DP)...

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Sensex continues to fall for fifth day, Rs 5 lakh crore wiped off stock investor wealth

BSE Sensex trades lower by 300 points, while the Nifty 50 trades above 10,600. Shares fell for a fifth straight session on...

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JK Assembly passes Rs 95,666.97 Cr budget for 2018-19

In a first, Finance Minister links Appropriation Bill with wide-ranging Expenditure Reforms to speed up spending Valuable suggestions of Legislators will help...

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KCCI dismayed as no specific provision regarding JK in the union budget

Srinagar: The Kashmir Chamber of Commerce and Industry (KCC&I) while reacting on the Union Budget said that no specific announcement was made regarding...

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Economic Survey pegs India’s growth at 7 to 7.5 percent in 2018-19

New Delhi: The Economic Survey for 2017-18 which was tabled in the parliament on Monday has pegged the country’s growth at 6.75 per cent...

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India reins in cryptocurrency, top banks suspend accounts of Bitcoin exchanges

While governments across world are not sure what to do with Bitcoin, the Indian government has swiftly acted to rein in Bitcoin...

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Powers of Assembly, Parliament on tax collection now vested with GST council: Tarigami

Seeks attention on disturbing financial situation of JK Bank Jammu: Communist Party of India (Marxist) Secretary and MLA Kulgam Mohammad Yousuf Tarigami...