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Top News / Business Standard

File your I-T return on time or you may end up in jail like this jeweller

It is mandatory for all registered taxpayers to file income tax returns every year, except for those who are over 80 years of age and do not have any source of income from a business or profession

25 Apr 2019 10:10 am
Boeing abandons 2019 outlook, takes $1 billion cost hit in 737 MAX crisis

Boeing is now reckoning with a blow to its reputation and the financial cost of getting the planes back in the air. The production dip alone has cost it $1 billion so far

25 Apr 2019 10:02 am
Rupee tumbles 22 paise against dollar on crude concerns

The rupee Thursday slumped 22 paise to 70.08 against the US dollar in early trade on rising global crude prices and fresh demand for the American currency from importers. However, the dollar's weakness against some currencies overseas and a higher opening of the domestic equity markets capped the rupee's losses, foprex dealer said. Fresh dollar demand from banks and importers weighed on the Indian currency, they added. At the Interbank Foreign Exchange (forex) market, the rupee opened on a weake

25 Apr 2019 10:00 am
Empty Air India plane catches fire during maintenance work, Air India says 'minor' incident

A Delhi to San Francisco (Boeing 777) flight of Air India caught fire in Auxiliary Power Unit (APU) at the time of repair work on Wednesday night.Air India termed it as a minor incident.The incident took place at the Delhi airport. The fire started during AC repair when the plane was empty. The fire was doused immediately.

25 Apr 2019 9:54 am
Former Nissan Chief Carlos Ghosn granted bail

A Tokyo court on Thursday granted bail to former Nissan Chief Carlos Ghosn for the second time since his arrest last year on financial misconduct charges.His bail has been set at USD 4.5 million, reported The Japan Times.Ghosn was arrested on April 4 for the fourth time over allegations of misusing the company's funds for personal purposes. Prosecutors alleged that Ghosn had transferred some of Nissan's funds to his personal bank account, causing the automaker a loss of USD five million.The form

25 Apr 2019 9:54 am
Pyongyang replaces top official dealing with Seoul

North Korea has ousted Kim Yong-chol as the head of relations with South Korea, said a South Korean government official on Thursday.

25 Apr 2019 9:50 am
Bayern target Nuebel in spotlight ahead of Ruhr derby

Schalke goalkeeper Alexander Nuebel was a bench-warmer at the start of the season, but ahead of this weekend's derby in Dortmund, he looks set to walk in the footsteps of Manuel Neuer. Nuebel, 22, has been one of the few players to have shone in a dreadful year for Schalke. His performances between the posts have kept relegation at arm's length and reportedly piqued the interest of Bundesliga giants Bayern Munich. With Schalke now just one place above the bottom three, Nuebel hopes to restore so

25 Apr 2019 9:50 am
2 women raped, blackmailed with video in UP

Two women were allegedly raped here by a man, whose wife recorded the incident to blackmail the victims into trafficking, police said Thursday. According to a complaint, the women, aged 22-23, were held hostage in New Mandi area, where the accused, Sanjiv Lohan, raped them. His wife, Rita Lohan, made a video of the incident and blackmailed them, an officer said. The women alleged they were raped by other people after they were blackmailed with the video, the officer said. Both the accused have b

25 Apr 2019 9:50 am
US ends Iran sanction waivers: What it means for oil and endgame explained

Trump and US Secretary of State Mike Pompeo both expressed confidence that Saudi Arabia, the UAE and OPEC in general will help offset the loss of Iranian barrels from next month

25 Apr 2019 9:49 am
Deutsche Bank begins providing Trump financial records

Deutsche Bank has begun the process of providing financial records to the New York state Attorney General in response to a subpoena for documents related to loans made to President Donald Trump and his business, an informed source said.

25 Apr 2019 9:46 am
Reliance Communications Ltd Falls 4.74%, S&P BSE Telecom index Drops 1.14%

Reliance Communications Ltd has lost 62.37% over last one month compared to 0.22% gain in S&P BSE Telecom index and 2.32% rise in the SENSEX

25 Apr 2019 9:45 am
Half a million UK children missed measles jab

More than half a million children in the UK were not given a crucial measles jab between 2010 and 2017, an analysis by children's charity the Unicef reveals.

25 Apr 2019 9:44 am
UltraTech Cement hits 52-week high; up 7% in two days on strong Q4 results

The stock surpassed its previous high of Rs 4,490, touched on August 31, 2018 and is 2 per cent away from its all-time high of Rs 4,594

25 Apr 2019 9:44 am
Key Indian equity market indices open in green

Despite muted trend in global markets, the key Indian equity market indices on Thursday opened higher ahead of F&O expiry.

25 Apr 2019 9:32 am
UNSC schedules urgent meeting to address situation in Eastern Ukraine

The United Nations Security Council has scheduled an urgent meeting for Thursday afternoon (local time) to address the situation in Eastern Ukraine.The development comes in the backdrop of Russian President Vladimir Putin signing a decree on Wednesday that would grant individuals residing in certain districts of eastern Ukraine the right to apply for Russian citizenship using a simplified procedure.Following the announcement, Ukraine's ambassador to the United Nations Volodymyr Yelchenko had sai

25 Apr 2019 9:31 am
Tesla posts massive $702 million loss last quarter

Tesla announced that it has lost $702 million in the last quarter, while the Elon Musk-owned electric car company's revenue was also down 37 per cent compared to the previous quarter, the media reported.

25 Apr 2019 9:30 am
Jaiprakash Power Ventures Ltd Spikes 4.87%

Jaiprakash Power Ventures Ltd has added 70% over last one month compared to 2.72% fall in S&P BSE Utilities index and 2.1% rise in the SENSEX

25 Apr 2019 9:30 am
25 Apr 2019 9:27 am
Police investigates letter threatening to kill Yogi Adityanath, Mohan Bhagwat

A letter threatening to kill Uttar Pradesh chief minister Yogi Adityanath and RSS chief Mohan Bhagwat besides attacking several railway stations and temples across the state was received by Railway station master here on Wednesday, said police.The police said that the letter is being investigated and forces have been conducting inspections inside railway stations across the state.Earlier in January, this year, the Gorakhpur police arrested one person who dialled 100 and informed the police that

25 Apr 2019 9:25 am
Indices drift higher in early trade

Key indices nudged higher in early trade on buying demand in index pivotals. At 9:20 IST, the barometer index, the S&P BSE Sensex, was up 40.12 points or 0.1% at 39,094.80. The Nifty 50 index was up 5.95 points or 0.05% at 11,732.10.

25 Apr 2019 9:25 am
Microsoft tops $1 trillion after strong Q3 earnings, cloud growth forecast

Microsoft shares rose 4.4 per cent to $130.54 in late trading after the forecast issued on a conference call with investors, pushing the company ahead of Apple Inc's $980 billion market capitalisation

25 Apr 2019 9:25 am
IPCA Labs gains after acquisition of Ramdev Chemical

IPCA Laboratories rose 1.94% to Rs 985.75 at 9:22 IST on BSE after the company said it entered into a share purchase agreement to acquire Ramdev Chemical for Rs 108.50 crore.

25 Apr 2019 9:22 am
Jio races ahead of Airtel to become India's 2nd largest telecom company

Jio, since its launch in Spetember 2016, has seen a meteoric growth on the back of aggressive and dirt-cheap consumer tariff plans

25 Apr 2019 9:15 am
Rupee slips back to 70 level against US dollar in early trade

The domestic currency on Wednesday declined by 24 paise to close at 69.86, weighed down by a strong dollar sentiment and high demand for the greenback from importers.

25 Apr 2019 9:13 am
Tried to stay calm in last few overs: AB de Villiers

Former Proteas skipper AB de Villiers was undoubtedly the star of the show on Wednesday night as Royal Challengers Bangalore beat Kings XI Punjab by 17 runs after being stranded at 81/4 at one stage. While he had the perfect partner in Marcus Stoinis, his 44-ball 82 was the cornerstone of RCB's fourth win in five games this season.

25 Apr 2019 9:10 am
Ousted Nissan chief Ghosn granted release on bail

The Tokyo District Court on Thursday granted ousted Nissan Motor Co. Chairman Carlos Ghosn's release on bail after he was indicted for the fourth time over alleged misuse of company funds.

25 Apr 2019 9:04 am
Facebook keeps aside $3 bn ahead of US FTC fine

Battling several privacy violations, Facebook has kept aside $3 billion, anticipating a record fine coming from the US Federal Trade Commission (FTC) related to the Cambridge Analytica data scandal that involved 87 million users.

25 Apr 2019 9:04 am
Two militants killed in Anantnag gunfight

Two militants were killed in a gunfight with the security forces on Thursday in Jammu and Kashmir's Anantnag district, police said.

25 Apr 2019 9:00 am
Ex Nissan boss Ghosn gets $4.5m bail, may soon walk out of detention centre

The former Nissan boss could soon walk out of his Tokyo detention centre to prepare his defence against multiple charges of financial misconduct.

25 Apr 2019 8:45 am
Losing 6 games hurt, looking to enjoy our game: Kohli

It looked like another night where the famed Royal Challengers Bangalore batting line-up was set to disappoint the fans at the M. Chinnaswamy Stadium as Kings XI Punjab had reduced them to 81/4 in the 9th over of their innings. But what followed was mayhem as AB de Villiers and Marcus Stoinis took the KXIP bowling to the cleaners and RCB ended with 202 in their 20 overs. The end result was a 17-run win for Virat Kohli's boys.

25 Apr 2019 8:40 am
Putin arrives in Vladivostok for first summit with Kim

Russian President Vladimir Putin arrived in Vladivostok on Thursday for his first-ever talks with North Korean leader Kim Jong Un, the Kremlin press service said. Kim's armoured train arrived in the city in Russia's Far East on Wednesday and the two were set for a meeting on an island off the coast.

25 Apr 2019 8:40 am
ISIS releases pictures of well-to-do young bombers behind Sri Lanka carnage

The Islamist group released a video late on Tuesday through its AMAQ news agency, showing eight men, all but one with their faces covered, standing under a black Islamic State flag

25 Apr 2019 8:34 am
Top events today: Modi's Varanasi rally; Maruti, Tata Steel Q4 results

Before you start your day, take a look at the major events in the country that are likely to make headlines

25 Apr 2019 8:30 am
F&O expiry may trigger volatility

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 25 points at the opening bell. Axis Bank, Maruti Suzuki India and Tata Steel will announce their January-March 2019 quarterly earnings today, 25 April 2019.

25 Apr 2019 8:29 am
Andre Russell included in West Indies World Cup squad

Andre Russell, the all-rounder was included in the Jason Holder-led West Indies squad for the ICC Cricket World Cup 2019, announced on Wednesday.Russell, last played ODI cricket in July 2018. He was recalled into the team for last two ODI matches against England earlier this year, but injury ruled him out of the series.The 30-year old is currently playing in the ongoing edition of Indian Premier League (IPL) and has shown fine form in the tournament, averaging 65.33 with a strike-rate of 217.77.

25 Apr 2019 8:15 am
IPCA Labs in focus after inking pact to acquire Ramdev Chemical

IPCA Laboratories announced that it has entered into a share purchase agreement (SPA) to acquire 100% paid-up share capital of Ramdev Chemical for cash at Rs 108.50 crore. Ramdev Chemical is engaged in the business of manufacturing and marketing of advanced drug intermediates, fine chemicals, custom synthesis molecules and active pharmaceutical ingredients. The announcement was made after market hours yesterday, 24 April 2019.

25 Apr 2019 8:15 am
Egg laying mammals become source of novel anti-microbial

A novel Anti-Microbial Protein (AMP) found in the milk of egg laying mammals Echidna can be used as alternatives to the antibiotics used in livestock, researchers said.

25 Apr 2019 8:08 am
Lok Sabha Elections LIVE: PM Modi to hold roadshow in Varanasi today

As we head into the 4th phase of Lok Sabha elections, campaigning hits a feverish pitch. Modi will be in Varanasi today, while AAP will release its manifesto. Catch LIVE updates on Lok Sabha polls

25 Apr 2019 8:04 am
Voters upbeat about living standards improving next year: IANS-C VOTER tracker

Most of the voters are upbeat about their future as close to 60 percent respondents in a CVOTER-IANS tracker felt that their quality of life will improve in the next one year.

25 Apr 2019 8:00 am
Maruti, Ipca Labs, Tata Steel, M&M Finance and Biocon may hog the limelight

Here's a look at the top stocks that may remain in focus today -

25 Apr 2019 8:00 am
Market Ahead, April 25: All you need to know before the opening bell

March quarter earnings and Futures & Options (F&O) contract expiry will keep the domestic investors busy on Thursday coupled with Japan's interest rate decision.

25 Apr 2019 7:53 am
Axis Bank Q4 preview: Net profit may jump up to 26% QoQ, NIM seen improving

Net interest income (NII), according to Edelweiss Securities, will touch Rs 9,559.9 crore, inclusive of other income, up 27.1 per cent YoY. It was Rs 7,519.1 crore at the end of March 2018.

25 Apr 2019 7:43 am