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Life insurers' new business premium up 11% in 2017-18 (21 minutes ago)
Kolkata, April 21 (IANS) As many as 24 life insurers posted a 11 per cent growth in first year premium income to over Rs 1.93 lakh crore in 2017-18, as compared to about Rs 1.75 lakh crore collected by them in the previous fiscal.

Pakistani traders end protest after Army agrees to demands (23 minutes ago)
Islamabad, April 21 (IANS) Traders from Pakistan's North Waziristan have called off a week-long protest in Islamabad after the Army agreed to compensate them for losses to their businesses owing to an anti-terror operation in the region, an official said on Saturday.

Cabinet approves restructured scheme to make local bodies self-sustainable (Lead) (19:52)IANS Photo Service
New Delhi, April 21 (IANS) The Cabinet Committee on Economic Affairs (CCEA) on Saturday approved a restructured Rashtriya Gram Swaraj Abhiyan (RGSA) scheme aimed at making rural local bodies self-sustainable, financially stable and more efficient through use of e-governance vis-a-vis service delivery and transparency.

Global trade in 2018 to be "overshadowed" by US-China dispute: EIU report (19:52)
New Delhi, April 21 (IANS) Global trade will be "overshadowed by the ongoing dispute" between US and China in 2018, a report by The Economist Intelligence Unit (The EIU) has said.

Is operating ratio of Indian Railways the worst: Chidambaram (18:10)IANS Photo Service
New Delhi, April 21 (IANS) Congress leader P. Chidambaram on Saturday asked if the operating ratio of Indian Railways is the worst and added that if the ratio is close to 100 per cent or has exceeded it, that indicated a "comprehensive failure of management."

HDFC Bank declares 13% dividend on Rs 17,486 cr net profit (18:04)IANS Photo Service
Chennai, April 21 (IANS) Private HDFC Bank on Saturday said it closed last fiscal with a net profit of Rs 17,486.75 crore.

DRI busts diesel smuggling racketin Andhra, TN (17:56)
Chennai, April 21 (IANS) The Directorate of Revenue Intelligence (DRI) has busted a diesel smuggling racket in the guise of mineral spirit by some operators based in Kakinada in Andhra Pradesh and here, an official statement said on Saturday.

Equities surged on IMD's monsoon forecast, healthy IT earnings (Market Review) (17:50)
By Rituraj Baruah and Porisma P.GogoiIANS Photo Service
Mumbai, April 21 (IANS) Forecast of normal monsoon rains, along with healthy earnings in the IT sector, lifted the Indian equity markets during the week ended Friday.

Cabinet approves Ordinance to confiscate properties of fugitive economic offenders (16:30)IANS Photo Service
New Delhi, April 21 (IANS) In a bid to bring back defaulters of huge bank loans who escape to refuges abroad, the Union Cabinet on Saturday approved an ordinance that would provide for attachment and confiscation of the properties of the economic offenders.

Cabinet approves restructured scheme for making local bodies self-sustainable (15:36)IANS Photo Service
New Delhi, April 21 (IANS) The Cabinet Committee on Economic Affairs on Saturday approved a restructured Rashtriya Gram Swaraj Abhiyan (RGSA) scheme aimed at making rural local bodies self-sustainable, financially stable and more efficient.

Users' data transmitted over 'HTTP' at great hacking risk: Kaspersky (14:50)
Moscow, April 21 (IANS) As the Facebook data scandal refuses to die down, researchers at Russia-based Kaspersky Labs have revealed that unencrypted user data transmitted over insecure "Hyper Text Transfer Protocol (HTTP)" is at heightened risk of hacking.

Apple loses $60bn over reports of weak smartphone demand in 2018 (14:40)IANS Photo Service
Taipei, April 21 (IANS) Apple lost over $60 billion in market cap in two days after Taiwan Semiconductor, Apple's biggest supplier, said in an earnings update that second-quarter revenues would be hit by "weak demand from the mobile sector".

Google's 'Chat' service a precious gift to cybercriminals: Amnesty (13:38)IANS Photo Service
San Francisco, April 21 (IANS) Google's decision to launch a new messaging service called "Chat" without end-to-end encryption shows utter contempt for the privacy of Android users and has handed a precious gift to cybercriminals and government spies alike, Amnesty International has said.

Big reforms made India fastest growing major economies globally: Garg (13:36)IANS Photo Service
Washington, April 21 (IANS) The major reforms undertaken by the Indian government for raising economic growth and maintaining macroeconomic stability have made the country one of the fastest growing major economies in the world, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA).

Canon infusing AI into cameras for Indian millennials (Tech Trend) (11:36)
By Nishant AroraIANS Photo Service
New Delhi, April 21 (IANS) As the millennials in India constantly strive to click that "wow" moment and instantly share it with friends on social media, Artificial Intelligence (AI)-enabled cameras with "minds of their own" are the future that will create perfect shots for them, a top Canon executive has emphasised.

Apple offers battery replacement for some 13-inch MacBook Pros (11:34)IANS Photo Service
San Francisco, April 21 (IANS) In a bid to compensate for some manufacturing defects, Apple has rolled out a battery replacement programme for its "non-Touch Bar 13-inch MacBook Pro" devices.

G20 financial leaders see downside risks to global economy from trade disputes (11:24)IANS Photo Service
Washington, April 21 (IANS) Financial leaders from the Group of 20 (G20) have expressed concerns that trade disputes among major economies could pose downside risks to the global economy, Argentine Treasury Minister Nicolas Dujovne has said.

Twitter suffers another worldwide outage (10:52)IANS Photo Service
San Francisco, April 21 (IANS) For the second time this week, Twitter users around world faced difficulties in sharing their thoughts on the microblogging platform, the media reported.

Twitter bans Russia-based Kaspersky Lab from buying ads (10:14)IANS Photo Service
Moscow/New Delhi, April 21 (IANS) Twitter has banned Russia-based cyber security firm Kaspersky Lab from advertising on its platform, stating that the company "operates using a business model that inherently conflicts with acceptable Twitter Ads business practices."

Getting more women into formal workforce is priority for India: IMF (09:26)
By Arul LouisIANS Photo Service
United Nations, April 21 (IANS) India must focus as a priority on ensuring that more women work in the formal sector as it continues with labour reforms, according to Ken Kang, the deputy director in International Monetary Fund (IMF) Asia Pacific Department.

Marx's 0-euro 'souvenir' bills are red hot (09:14)
Berlin, April 21 (IANS) The German city of Trier is selling thousands of souvenir bank notes with a face value of zero euros in honour of revolutionary, political philosopher Karl Marx, and they are a sold out.

IMF expects India's role to expand in Indo-Pacific region (08:50)
By Arul LouisIANS Photo Service
United Nations, April 21 (IANS) The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade reforms, Ken Kang, the deputy director in IMF's Asia Pacific Department said on Friday.

Qualcomm to lay off 1,500 employees to cut costs (06:28)IANS Photo Service
Los Angeles, April 21 (IANS) US Chipmaker Qualcomm started to cut jobs at its facilities in California in order to meet the company's promise to investors to cut costs by $1 billion.

Porsche executive arrested in connection with Volkswagen scandal (05:02)
Berlin, April 21 (IANS) German police arrested a senior Porsche AG executive in the wake of raids this week to gather evidence allegedly linking the sports car maker to Volkswagen AG's emissions scandal, prosecutors said on Friday.

Sebi fines Suzlon Energy over Rs 1 cr for violation of SCRA (00:28)IANS Photo Service
Mumbai, April 21 (IANS) Securities market regulator Sebi on Friday imposed a fine of more than Rs 1 crore on Suzlon Energy for violation of Securities Contracts (Regulation) Act (SCRA).

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