37 trains cancelled, 16 diverted day after Amritsar tragedy

While 16 trains were diverted and reached their destination through a different route, 18 trains were short terminated, Northern Railways spokesperson Deepak Kumar said. Read more »

Maharashtra State Co-operative Bank to enter retail banking through merger of UCB branches

Although the proposal is yet to be cleared by the RBI, the MSC Bank has already received a proposal of merger from the Rupee Co-operative Bank. Read more »

Petrol prices cut by 39 paise in Delhi, diesel goes down 12 paise

The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise, while that in Mumbai was Rs 87.46 per litre after a 38 paise reduction. Read more »

You can buy and sell bitcoins at this ATM in Bengaluru

Cryptocurrency exchange Unocoin has launched an ATM for Indians to buy and sell bitcoins. Read more »

International Finance Corporation launches $1-billion masala bonds

By pioneering the offshore rupee market through masala bonds, IFC succeeded in setting an AAA pricing benchmark for the market by strategically issuing bonds for tenors of three, five, seven, 10, and... Read more »

It’s not Cricket! I&B plan for DD spooks sports broadcasters

The information and broadcasting ministry wants to amend the Sports Broadcasting Signals (Mandatory Sharing with Prasar Bharati) Act, 2007, and has sought feedback on the plan. Read more »

JSW Steel looks for partner to bid for Bhushan Power

The company is competing with Tata Steel and UK’s Liberty House for Bhushan Power & Steel that owes Rs 47,000 crore to lenders. Read more »

Train services on Jalandhar-Amritsar route suspended after accident: Officials

While some trains are being diverted, many are stationed near Jalandhar, he said. Read more »

Rungtas accused of excessive mine holdings by Common Cause

The allegation was made through written submissions to a committee of two former Supreme Court judges--GS Singhvi and Anil Dave--tasked with investigating 16 cases of illegal mining in Odisha. Read more »

Debt refinancing deals slow down in real estate sector

Mid-sized developers operating in not so lucrative markets are finding it difficult to get their loans refinanced, industry experts said. Read more »