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Indian Army organises commemorative trek to mark 20 years of Kargil war

Indian Army organises commemorative trek to mark 20 years of Kargil war

The 20th anniversary of the Kargil War was celebrated in a grand manner by the Indian Army with a commemorative trek to Khalubar.

Army said that the year 2019 witnesses the 20th anniversary of the Kargil War and this important milestone was celebrated in a grand manner by the Indian Army with a view to rekindle the pride and valour of all the gallant soldiers who took part in Operation Vijay.

US Congress to vote on removing country-cap on Green Card; India to benefit

US Congress to vote on removing country-cap on Green Card; India to benefit

The US House of Representative will vote Tuesday on a legislation that seeks to lift the country-cap on issuing green cards.

Being supported by more than 310 lawmakers from both the Republican and the Democratic Party, the Fairness for High-Skilled Immigrants Act is all set to sail through the 435-member House of Representative.

PNB shares tank after lender detects another fraud

PNB shares tank after lender detects another fraud

MUMBAI: Shares of Punjab National Bank (PNB) slumped over 7% on Monday after the lender was hit by yet another fraud, this time by Bhushan Power & Steel Ltd.

At 9.30 am, the stock was at ₹75.80 on BSE, down 5.57% from its previous close. It opened at ₹76.30 and touched a low of ₹75.80 or 7.3% lower. So far this year the stock fell 1.9%.

Gold prices in India come off record highs

Gold prices in India come off record highs

Gold prices in India were marginally higher today but sharply off their record highs hit on Friday. On MCX, August gold futures were trading marginally higher at ₹34,608. On Friday, gold futures hit a record high of ₹35,100, before paring some gains. In Budget 2019, which was presented on Friday, Finance Minister Nirmala Sitharaman increased import duty on gold to 12.5%, from 10%, leading to a spike in domestic gold prices.

5 centuries in 9 matches: Rohit Sharma shares the secret of his World Cup record

5 centuries in 9 matches: Rohit Sharma shares the secret of his World Cup record

LEEDS, England: India's run-machine Rohit Sharma shared the secret of his red-hot form in the Cricket World Cup on Saturday, saying he approaches every match as if it was his first.

Sharma became the first player to smash five centuries in a World Cup after his 103 against Sri Lanka at Headingley to consolidate his position as this tournament's leading scorer.

Asian shares fall as bets off on sharp US rate cuts

Asian shares fall as bets off on sharp US rate cuts

Asian shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Share sentiment was also dampened by US investment bank Morgan Stanley’s decision to reduce its exposure to global equities due to misgivings about the ability of policy easings to offset weaker economic data.

Government duty bound to achieve fiscal deficit of 3% as per law: Finance Minister Nirmala Sitharaman

Government duty bound to achieve fiscal deficit of 3% as per law: Finance Minister Nirmala Sitharaman

Assuring that all the numbers mentioned in the Budget are realistic and achievable, Finance Minister Nirmala Sitharaman said as a government minister she is duty bound to follow glide path to achieve fiscal deficit target of 3% as per the law.

In the Budget presented on Friday, the government lowered the fiscal deficit target to 3.3% of the GDP for 2019-20 as compared to 3.4% projected in the interim Budget in February.

Department of Telecom likely to start tracking system for lost mobiles next month

Department of Telecom likely to start tracking system for lost mobiles next month

The government will launch a technology solution next month to enable detection of lost or stolen mobile phones that are operating in the country, an official said.

The tracking system would make the detection of stolen mobile phones possible even if the SIM card is removed or unique code IMEI number is changed, the official revealed.

Sensex tanks over 400 points on global selloff

Sensex tanks over 400 points on global selloff

Domestic equity benchmark BSE Sensex cracked over 400 points in early trade Monday dragged by losses in HDFC twins, L&T and RIL stocks, amid heavy selloff in global equities.

The 30-share index was trading 405.67 points, or 1.03%, lower at 39,107.72 at 0930 hours. Similarly, the broader Nifty sank 128 points, or 1.08%, to 11,683.15.

NCLAT Mumbai asked to pass order on insolvency against Videocon group companies in 3 weeks

NCLAT Mumbai asked to pass order on insolvency against Videocon group companies in 3 weeks

The National Company Law Appellate Tribunal (NCLAT) has directed the Mumbai bench of the NCLT to pass an order over the insolvency plea against 15 Videocon group companies within the next three weeks.

The NCLAT said that taking into consideration the nature of the matter, the National Company Law Tribunal (NCLT) Mumbai should pass an order within three weeks over the insolvency plea filed by banks.

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