Petrol prices: Fall in last fortnight less than half the rate of rise earlier

Petrol prices have gone down by Rs 1.85 a litre since May 30, compared to the increase of Rs 3.8 per litre in the during May 14-29. Read more »

Rescuing power sector: Piyush Goyal calls high-level meeting on June 11

The power ministry this time is likely to table two resolution plans to rescue 11 stressed projects. Read more »

RBI seeks update on payments data storage every fortnight

A payment bank official on the condition of anonymity confirmed receipt of the RBI letter. Read more »

PSU banks suffer whopping Rs 87,000 crore loss in FY18

The 19 government-run banks collectively posted a net loss of Rs 87,357 crore during the fiscal, according to the latest quarterly numbers posted by these lenders. Read more »

CAIT threatens nationwide agitation over Walmart-Flipkart deal

Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears USD 16 billion Walmart-Flipkart deal. Read more »

Competition Commission of India may suggest structural changes in Walmart-Flipkart deal

The Competition Commission of India (CCI) might also take cues from a ruling in South Africa with respect to Walmart- Massmart deal, which was announced in 2010. Read more »

Embassy group to launch REIT this year to raise USD 1 billion

The Bengaluru-based Embassy group has over 30 million sq ft of leased office space and has a pipeline of about 22 million sq ft across major cities. Read more »

Beware! Delhi govt finds some restro bars, clubs serving ‘expired beer’

The Excise department has found nine prominent venues in popular hangout spots like Hauz Khas, New Friends Colony and Connaught Place serving "expired beer". Read more »

26 students from Anand Kumar’s Super 30 academy crack IIT-JEE

The institute, founded by math wizard Anand Kumar in 2002, trains 30 meritorious students from underprivileged sections of the society for JEE exams. Read more »

WhatsApp sharing limited data with Facebook on payment feature

The National Payment Corporation of India (NPCI) has been asked to verify compliance around WhatsApp payment as it scales up its service in India. Read more »