Business

To reduce carbon emissions, countries must take steps like using new technology, which is expensive, as well as shutting down old factories, which will have a negative impact on their economies, he added.

Tech Mahindra was the top loser in the Sensex pack, dropping up to 1.51 per cent, followed by Hero MotoCorp, IndusInd Bank, Mahindra and Mahindra, ICICI Bank and HDFC twins.

The minister also said that the similar exercise will be done with other investigative agencies like Enforcement Directorate, Directorate of Revenue Intelligence, and Customs to allay fears from their mind.

Flying allowance constitutes between 50-80 per cent of a pilots' salary. Details about the amount paid as allowances could not be immediately ascertained.

The bank said that the OTP-based transaction will further protect State Bank cardholders from unauthorized ATM cash withdrawals.

Interestingly, Uber recorded the highest number of rides on its platform this year in India on December 7 and 6.

Niranjan Hiranandani succeeds Welspun Group Chairman Balkrishan Goenka as Assocham President.

Besides Nirav Modi, the charge sheet named his brother Nehal Modi, suspended deputy general manager at PNB Sanjay Prasad, and Nirav Modi's associates Amit Magia, Sandeep Mistri and Mihir Bhansali.

According to reports, Priyanka Chopra and Nick Jonas had spent over $4,61,000 on the venue alone that would have included four-day stays for the wedding party in the palace's rooms and also the cost of hiring the venue for the big day.

The annual inflation, based on monthly wholesale price index (WPI), was at 4.47 per cent during the same month a year ago (November 2018).

Discoms in Rajasthan, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka and Tamil Nadu account for the major portion of dues to power gencos, taking a longer duration of up to 913 days to make payments.

The Personal Data Protection Bill, 2019, was introduced in the Lok Sabha on Wednesday, and the government proposed sending the Bill to a joint select committee of both Houses of Parliament amid protests by the Opposition.

On Wednesday, rupee had settled for the day at 70.85 against the US dollar. The domestic unit however could not hold on to the gains and was trading at 70.68 against the dollar at 0935 hrs.

Aramco shares rose 10% to 35.2 riyals just seconds after trading began on Riyadh's Tadawul exchange, the maximum allowed on any trading day, further boosting the energy giant's valuation.

Finance Minister Nirmala Sitharaman said the Reserve Bank of India (RBI) being a stakeholder was involved in extensive consultations with the government at the stage of conceptualisation.

The move is aimed at providing an efficient tool for managing interest rate risk and exposure through hedging.