Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual coins they track. CoinMarketCap shows real-time prices and market capitalizations for more than 1,300 cryptocurrencies and is widely followed by market participants. The exclusion of data from South Korean exchanges, where virtual currencies trade at a wide premium, sowed confusion and triggered a broad selloff.

NEW DELHI: Air India is going to increase the frequency of its nonstops to the US and Australia, apart from linking Los Angeles directly to Delhi by this summer. It also plans to tackle the frequent failure of the back-of-seat in-flight entertainment systems in premium classes of longhauls by giving personal electronic devices, like tablets, with content for the duration of the flight.

Coal India has raised prices of thermal coal by an average 9%. The decision was taken at a board meeting held on Monday while revised prices would be effective from Tuesday.

It will make power generation costlier by a similar percentage. Cost of cement and fertiliser production is also expected to rise as a result.

LAS VEGAS: Hyundai unveiled Monday a hydrogen fuel-cell powered vehicle aimed at showcasing its newest technologies, bucking the all-electric trend of most rival automakers.

The South Korean manufacturer used the 201 Consumer Electronics Show to debut its Nexo, a sport utility vehicle that uses voice commands, artificial intelligence and can be transformed into an autonomous car.

The Ghaziabad police have registered a first information report against Punjab National Bank's Modi Nagar branch for allegedly depositing fake currency notes during the note ban. Police have registered a case on the basis of a complaint filed by the Reserve Bank of India, Kanpur.

According to the police, after Prime Minister Narendra Modi had announced that the Rs 500 and Rs 1,000 notes will be withdrawn from the financial system in 2016.

The City and Industrial Development Corporation (Cidco) and the GVK group have set 2021-end as a deadline for the commercial launch of the Navi Mumbai airport.

The two parties signed the concession agreement for the Navi Mumbai airport on Monday. The GVK group won the bid to construct the airport last February but the award letter was issued only in October.

Gujarat, Punjab and Andhra Pradesh are the best performing states in terms of mobility of goods and efficiency of logistics chain, according to a new ranking of states brought out by the government.

Launched on Monday, the new Logistics Ease Across Different States (LEADS) index developed by the Commerce and Industry Ministry and Deloitte ranked states in terms of the logistical support they provided to promote goods trade.

Stocks rose to fresh life-time closing high levels, riding on optimism over earnings, growth and upcoming Budget, with the benchmark BSE Sensex jumping 199 points to end at record 34,352.79 and the Nifty scaling the 10,600-mark for the first time.

Gains in key IT, capital goods, healthcare and metal stocks after consistent buying by domestic and foreign investors helped both the key indices scale new peaks.

The State Bank of India plans to raise up to $2 billion (over Rs 126 billion) by issuing bonds in US dollar or other convertible currency over two fiscals to fund overseas expansion.

"The executive committee of the Central Board.. has approved long term fund-raising in single/multiple tranches up to $2 billion," State Bank of India (SBI) said in a regulatory filing.

Though Sanjay Leela Bhansali and team Padmavat heaved a sigh of relief as the film has finally got a confirmed release date of January 25, looks like there's still some trouble left to be faced. Now, Rajasthan home minister has stated that Padmavat won't be released in the state following the previous orders of Rajasthan Chief Minister Vasundhara Raje, informs ANI.

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