Business

Apr 242018
The US has imposed an additional tax on Indian steel and aluminum, India would file a trade-dispute with WTO against the U.S if it fails to grant exemption on the metals.
"India is absolutely core market, now, in near future and next decade, Uber's success is hardcoded to India's success. We are doubling down on our investments in India like never before", Barney Harford, Chief Operating Officer 'Uber', who is on a visit to India. 'Uber' services have established their network in most of the Indian Cities, India is one of the top three markets for Uber in the world. 
Indian Domestic air traffic carried 9.04 million passengers in 2016-17, it went up by 28 percent taking the passengers movement to 11.5 million in 2017-18, according to the data by Director General of Civil Aviation, New Delhi. The overall growth in the air traffic by 28 percent is the reflection of affordability and connectivity throughout length and breadth of India by  and for the domestic passengers, which was unseen during earlier years. One of the reasons for the spurt of domestic tourism is the change of mindset of people intend to travel to new tourism destinations.
Surging demand for UV driving Cars in India: sales at a record. The demand for the Utility Vehicles like passenger cars increased nearly into 21% to more than 9.21 lakh units during March & April. According to the data released by the Society of Indian Automobile Manufacturers (SIAM), this growth of domestic passenger vehicles cumulatively stood at 32.87 lakhs during the last year.
Yesterday nifty opened on a positive note and showed a consolidated trade throughout the trading. In the opening hour, nifty showed a gap up open around 10400 zones and closed flat. The open interest over 10400 PE has been increased with an eventual increase in open interest over 10500 CE. This is an indication that the Nifty would be in a range of 100 points in the forthcoming days of trading. At the closing bell, the BSE Sensex stood higher by 92 points (up 0.3%) and the NSE Nifty closed up by 23 points (up 0.2%).
India's Maruthi Suzuki Alto cars sold have exceeded the landmark 3.5 million, making it the most popular car among the middle-class Indians. Its modern design, cost of the vehicle and good mileage, make it the most popular car for 14 consecutive years. It has two versions Maruthi 800 and K-10 version in 2014. AGS or auto gear shift with two pedals system became a hit among the middle-aged. Hatchback models of Suzuki have remained popular and affordable since its inception in 2000.
No more a poor country, India in producing billionaires, Mukesh Ambani leads Indian's list of ultra-rich, worth 40 billion US Dollars. 19 billionaires added to the list making it to 121 this year. Forbes prepared the latest, the list is published every year.
It is unlikely that US administration would back off the H 1B spouse's work permits of high-skilled workers from a foriegn country may not lead to any change of plans till the end of the program
"I am too busy with my business," says Nirav Modi to the summons issued by the Central Bureau of Investigation. The audacity of the person to the summons in his reply gives enough hint of long drawn battle to bring him to books by the Indian government. CBI had sent the summons through emails to Nirav Modi.In reply he has not even mentioned the country he is in and doing business, simply a vague reply he is too busy with his business abroad, hence unable to join the investigation team.
Central Cabinet is to bring a farmore stringent law against the economic offenders fleeing the country without repaying the huge loans taken by them. This bill is conceived after Nirav Modi and Mehul Choksi, their companies cheated Rs.12,622 crores, fleeing the country without repayment of the loan made the government wake up.

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Entertainment

Apr 192018
Writer Jerry Siegel and artist Joe Shuster- gave birth to 'Superman'- a character which has likes by children, youth and old alike, still alive in every moviegoer.April 18th, 1938, the day 'Superma