Business

The recommendations assume significance in the wake of several high-profile cases being probed by Sebi and other agencies where relatives of senior executives, as also various employees, at listed companies have come under scanner.

Following CCI's nod to the Walmart-Flipkart deal, the I-T department expects Walmart to approach it under Section 197 of the Income Tax Act within a fortnight.

The current account deficit is projected to widen further to 2.6 per cent of the GDP on rising oil prices and strong demand for imports, offset by a slight increase in remittances, the report said.

The approval comes less than three months after the announcement of the mega deal, which is also being opposed by various trader organisations.

In Telangana, the country's third largest private sector bank, currently has 123 branches and 731 ATMs.

An analysis by the industry chamber revealed India should focus on the US market for of machinery, electrical equipment, vehicles, chemicals, plastics and rubber products.

The Central Bank also hinted at a global slowdown, "Economic activity in major emerging market economies (EMEs) has slowed somewhat on volatile and elevated oil prices, mounting trade tensions and tightening of financial conditions."

Australia exported A$1.3 billion ($964 million) of agricultural goods to China in 2015/16, according to the latest figures from the Department of Foreign Affairs and Trade.

The increase in interest rate is effective July 30, according to notification on the bank's website. Fixed deposit of maturity one year to less than two years would earn 6.40 per cent, 5 basis points higher than previous rate.

The airline's total debt in the books was Rs 2,500 crore at the end of June quarter, while the cash balance was Rs 13,200 crore, comprising Rs 6,100 crore of free cash and Rs 7,100 crore of restricted cash, as per the airline.

Airtel, however, reported a Rs 97 crore net profit on a consolidated basis in the April-June period after taking into account revenues from its Africa business.

Mr Banga said crypto-currency is not a good medium of exchange as it does not have predictability and transparency. "Why is that the medium of exchange that is being preferred," he said.

Trump said that the United States and the European Union had agreed to work toward eliminating tariffs on industrial goods and increasing U.S. exports of liquefied natural gas and soybeans to Europe.

By 2030, Asia-10 economies will grow so robustly that they will, on aggregate, amount to over USD 28.35 trillion in real GDP (2010 constant dollars) terms, while for the United States will amount to USD 22.33 trillion.

The memorandum of understanding (MoU) is part of the state's Saksham Haryana initiative which was rolled out early last year to empower the youth through various skill development initiatives.

When Goods and Services Tax (GST) was introduced on July 1 last year, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were kept out of its purview for the time being.