PNB slumps for 3rd straight day; hits 52-week low


New Delhi, Feb 16: Shares of Punjab National Bank continued to reel under pressure for the third consecutive day after the detection of Rs 11,400-crore fraud, slipping over 3 per cent in morning trade on bourses. The stock hit its 52-week low on b

Sensex rises 196 pts, Nifty reclaims 10,600-mark


Mumbai, Feb 16: The benchmark BSE Sensex advanced by over 196 points in early trade today on buying by institutional and retail investors in IT, banking and FMCG stocks. Asian markets were trading in the green following positive lead from Wall Str

Google kills this from search results


San Francisco, Feb 16: In a move to curb the lifting of copyrighted images from its platform, Google has removed the "view image" button from its image search results. "Today we're launching some changes on Google Images to help
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Business


New Delhi, Feb 16: Paytm founder Vijay Shekhar Sharma has alleged that Facebook-owned WhatsApp's UPI payment platform has security risks for consumers and is not in compliance with the guidelines.  WhatsApp, which has over 230 million use

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  New Delhi, Feb 16: A dip in food and fuel prices decelerated the rise in India's annual rate of inflation based on wholesale prices to 2.84 per cent in January, official data showed on Thursday. The data on wholesale price index

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New Delhi, Feb 16: India's exports plunged by 9.80 per cent to $24.38 billion in January, from $27.03 billion worth of merchandise shipped out in December 2017, official data showed on Thursday. However, on a year-on-year (Y-o-Y) basis, t

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Mumbai, Feb 15 Hours after his name figured in the Israeli Police recommendations seeking to indict Prime Minister Benjamin Netanyahu for corruption, Indian businessman Ratan N. Tata on Thursday termed the reports factually incorrect and apparently m

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New Delhi, Feb 15 A lookout notice was issued by the CBI against jeweller Nirav Modi and his associates last month in the banking fraud case but by then they had escaped from India, CBI sources said on Thursday. According to the sources, a Look Ou

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New Delhi, Feb 15  As digital payment provider Paytm and WhatsApp got into a tug of war after the Facebook-owned platform announced a soft launch of its own digital payment service for India, a top Paytm executive said on Thursday that their obj

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  New Delhi, Feb 15: A day after high-level fraudulent practice to the tune of $1.8 billion in one of the Punjab National Bank's Mumbai branch was reported to the stock exchanges, Sunil Mehta, MD and CEO said it "will not spare

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Mumbai, Feb 15: A day after a massive $1.8 billion fraud was unearthed in a PNB branch here, the Enforcement Directorate on Thursday launched a nationwide raid on the offices, showrooms and workshops of billionaire diamond trader Nirav Modi.

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New Delhi, Feb 15: Under attack from the Congress over a ₹11,400 crore scam allegedly involving designer Nirav Modi, the BJP on Thursday said no one involved in the PNB fraud case would be spared and the investigation was proceeding at a rapid pace

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New Delhi, Feb 15: The Aam Aadmi Party today mounted an attack on the Centre over an alleged multi-million dollar scam involving diamantaire Nirav Modi, alleging that he could flee the country because he had access to the Prime Minister's Office.

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New Delhi, Feb 15: The NDA government on Thursday sought to distance itself from the financial fraud done by jeweller Nirav Modi, blaming the previous Congress-led UPA regime for influencing loans that became non-performing assets (NPAs) while a

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Mumbai, Feb 15: The Punjab National Bank (PNB) has charged that foreign branches of other Indian banks may also be involved in what has turned out to be the biggest fraud in the country's banking sector involving diamond trader Nirav Modi.

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