The government has decided to pay ₹10,000 every month to those who lost their houses in the recent floods in Kodagu till permanent structures are built for them, instead of constructing temporary houses.

Speaking to media persons, Minister for Housing U.T. Khader on Tuesday said that the idea was to build model houses by spending ₹6 lakh each. The governments aim is to offer them quality houses with all facilities, he said.

Barclays Hurun Rich List 2018: The number of self-made women billionaires have swelled to 11 in India, as compared to just one in 2013, according to a report. Hurun Barclays Rich List 2018 recorded a huge surge in wealth for Indian women multi-billionaires with women multi-billionaires shot up from just five in 2013 to 136 this year. Notably, 16% of Barclays Hurun India Rich List 2018 are women of which 11 are self-made. Biocon’s Kiran Mazumdar Shaw topped the list self-made women billionaire list with a whopping Rs 22,700 crore net worth.

Mumbai AC local train may halt at more stations! From next month onwards, the Western Railway zone of Indian Railways is planning to halt the Mumbai AC local train service at Marine Lines, Charni Road and Grant Road railway stations as well. According to a DNA report, the subject of adding three more halt stations for the Mumbai AC local train was discussed at a meeting, which was held between the Western Railway authorities and passenger associations as part of the Suburban Rail Users Consultative Committee (SRUCC).

The Supreme Court is likely to pronounce its crucial verdict Wednesday on a batch of pleas challenging the constitutional validity of Centre’s flagship Aadhaar scheme and its enabling 2016 law. A five-judge constitution bench headed by Chief Justice Dipak Misra had on May 10 reserved the verdict on the matter after a marathon hearing that went on for 38 days, spanning four-and-half months.

New Delhi: IT major Infosys on Tuesday said it has deployed its Finacle banking solutions suite for Australian Military Bank (AMB).

The comprehensive digital banking solution stack has been implemented in a fully software-as-a-service (SaaS) model, hosted out of Infosys datacentres in the country, Infosys said in a statement.

State-owned insurer LIC Tuesday said it will not allow debt-ridden IL&FS to collapse and explore options to revive it.T he Life Insurance Corporation (LIC) has the largest shareholding in IL&FS. IL&FS Financial Services, a group company of IL&FS defaulted on one of its commercial paper (CP) issuances due for repayment on Monday. This was the third default by the company.

'Are you sure you want me to book you on a return ticket on Air India?’ Anurag, my ever-so-helpful and slightly-alarmed travel agent asked. I said yes. ‘It’s not all as bad as you make it out to be.’ I’d been on Air India flights before, that too economy, how bad could business class be? It is our national carrier, they fly 777s and 787s - business class promises fully flat seats where you could expect to be relatively comfortable and even get in a night’s sleep.

Attention all engineer graduates! If you want to work with TCS, then from now nwards you are required to clear an online test. According to a Times of India report, the tech firm is all set to digitize the hiring process. TCS is mulling over dropping the process of visiting campuses and hiring from colleges directly to be more efficient.

India's crude oil demand is forecast to grow to 500 million tonnes per year by 2040, but persistent increases in oil prices might act as a dampener for the rate of growth, Partha Ghosh, an executive director at Indian Oil Corp said on Tuesday.

That would be equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017.

A day before a crucial board meet, Yes Bank on Monday said the lender and its CEO Rana Kapoor will be guided by the directors, the Reserve Bank of India and other relevant stakeholders.

The board of India’s fourth-largest private sector bank will meet on Tuesday to decide on the next course of action after the central bank directed the lender’s current CEO and managing director Rana Kapoor to step down by January.

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