Rupee falls against US dollar; hits fresh 2-year low
NEW DELHI: The rupee fell by another 35 paise to trade at fresh two-year low of 65.89 against the dollar today on sustained capital outflows by foreign funds even as the US currency weakened overseas. Besides, strong demand for dollar from importers and banks and a lower opening in the domestic... read more »
Google takes anti-net neutrality stance in India: Report
Global search engine giant Google is possibly lobbying against net neutrality in India by asking the Internet and Mobile Association of India (IAMAI) to support zero rating plans that allow people to use some web services for free. Such zero rating plans are against the basic tenets of net... read more »
North Korean troops ordered onto war footing by Kim Jong-un
Korea Central News Agency has issued a lengthy rant about South Korean “puppet war maniacs,” Julian Ryall in Tokyo writes. The statement warns the South Korean military to act with “discretion” and threatents them with “harsh punishment” for their provocation. It... read more »
Rupee Falls to Nearly Two-Year Low of 65.90/Dollar
The Indian rupee fell to 65.90/dollar on Friday amid fears of a currency war after China’s depreciation of its yuan. This is lowest value of the rupee since September 6, 2013, when it had hit 66.29/dollar. This takes the rupee’s fall to over 3 per cent since August 11, 2015, when China... read more »
IRDA slaps fine of Rs 10 lakh on Tata AIA Life Insurance
Insurance regulator IRDA today imposed a fine of Rs 10 lakh on Tata AIA Life Insurance for excess payment to corporate agents. Besides, the regulator has also levied a fine of Rs 5 lakh on... read more »
Dip in borrowing cost, affordable housing to boost house purchases in 2015
Declining borrowing costs, improving employment outlook and availability of affordable housing projects are encouraging prospective home buyers to purchase new properties in 2015, a survey... read more »
IIT Kharagpur’s innovative campaign to solve student queries
As seat allocation for engineering institutes begins today under the Joint Seat Allocation Authority (JoSAA), IIT Kharagpur has launched a campaign to solve student queries. Through a... read more »
Death toll rises to 41
One more person was found dead in the landslide-battered Darjeeling district, taking the toll to 41. The body of Ramesh Rai (26) was retrieved from under rubble in the 8 Mile area of... read more »
Fake degree case: Tomar sent to judicial custody till July 20
A court today extended by 14 days the judicial custody of former Delhi law minister Jitender Singh Tomar in an alleged forged degree case. Additional Chief Metropolitan Magistrate Tarun Yogesh... read more »
