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Bhubaneswar: As many as 9,390 people have lost their jobs due to closure of 17 industrial units between 2010 and 2018. This was informed by Industries Minister Dibya Shankar Mishra in a written statement to the Assembly. According to his statement, the highest of 3,350...

Washington: The US economy is adding lots of jobs, but a drop in the number of hours at work points to a dimmer outlook for economic growth as businesses brace for an escalating trade war with China. Many economists think the economy only needs to...

Washington: US President Donald Trump has warned of imposing substantial tariffs on imports from China if the trade negotiations did not go well. "China has to do a lot of things to turn it around. But you'll be seeing.  They've got to do a lot...

New Delhi: India’s biggest automaker, Maruti Suzuki India Ltd (MRTI.NS), said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia’s third largest economy. The vehicle industry, accounting for nearly half...

New Delhi: Despite the flight of over Rs 20,500 cr worth of foreign funds from the country's stock market, the government seems adamant to implement the taxation surcharge on the super-rich category which has spooked Foreign Portfolio Investors (FPIs). The carnage at the indices began...

Bhubaneswar: Udaygiri caves were bustling with 100 enthusiastic freshers from IIT-Bhubaneswar Saturday morning. They came down to explore the twin hills of Khandagiri and Udaygiri famous for their Jain heritage. It was their first exposure trip to the City and its heritage. The sleepy monsoon...

New York:  Researchers, including one of Indian-origin, are using Artificial Intelligence (AI) to track and assign a level of demand on an individual customer's flight preferences in a way that is beneficial to the customer's budget and privacy, as well as to the airline industry's...

Mumbai: The Reserve Bank of India (RBI) Friday said it has imposed a collective penalty of Rs 11 cr on seven public sector banks (PSBs) for violating norms on current account opening. Allahabad Bank and Bank of Maharashtra have been imposed a fine of Rs...

Mumbai: The Reserve Bank of India (RBI) is likely to cut rates next week for a fourth time in 2019 as benign inflation gives it room to help an economy that is growing at its slowest in nearly five years. If the RBI does cut...

New Delhi: The Supreme Court (SC) Friday allowed Puri Shankaracharya to give his suggestions to the amicus curiae and all parties regarding the reforms to be undertaken in the Srimandir. A two-judge bench of the apex court comprising Justices SA Bobde and BR Gavai adjourned...