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Chinese imports due to price advantage: Niti member

New Delhi: Indian companies producing bulletproof jackets for the Army are importing Chinese raw material due to price advantage but there are no concerns yet about the quality of these body armours, a Niti Aayog member has said. Niti Aayog member VK Saraswat, who is...

SWISS BANK ACCOUNTS: Notices to Indian clients continue

New Delhi/Berne: Amid a continuing crackdown on Swiss bank accountholders with suspected illicit money, Switzerland has stepped up its process to share details of such individuals with Potluri Rajamohan Rao being the latest Indian national to get a notice in this regard. At least 14...

MSME, agri loans to be rescheduled in 90 days

Bhubaneswar: Puri collector Balwant Singh Sunday asked bankers to reschedule agriculture and MSMEs loans, which is a total of Rs 250 crore, as fast as possible to alleviate worries of the Fani-affected. Puri collector Balwant Singh asked that the loans be rescheduled during a meeting...

SFIO identifies ‘coterie’ that defrauded IL&FS

New Delhi: Launching a massive crackdown on perpetrators of the IL&FS scam, the Serious Fraud Investigation Office (SFIO) has charged the erstwhile top management members of the group’s financial services subsidiary IFIN of forming a “coterie” with its auditors and independent directors to defraud the...

Illegal mining kingpin held

Khurda, June 2: The Special Task Force (STF) of state police Sunday arrested a kingpin for operating illegal mining quarry in government land in Tapang area in a major crackdown on illegal mining operation in Odisha. The accused has been identified as Sanjay Paikray of...

Trump’s Mexico threat imperils his economic agenda

Washington: US President Donald Trump’s vow to impose new tariffs on Mexican imports risks sabotaging not just his drive to forge more favourable trade deals but also a US economy that he says has strengthened under his watch. Trump announced Thursday that he would impose...

SpiceJet mulling taking over Jet’s widebody planes

Seoul: Indian budget airline SpiceJet Ltd is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they need significant maintenance work, its chairman said. SpiceJet, which operates narrowbody and turboprop planes, does not have firm plans...

Ola, Oyo on UK-India Awards 2019 shortlist

London: Indian start-ups like Ola and Oyo, which have been on an expansion mode in the UK, are among some of the key names on the shortlist for the UK-India Awards this year. The awards, which will mark the closing of UK-India Week between June...

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