Page 19 - Video Gallery

Top five platforms to buy event tickets online

New Delhi, Mar 16 (ANI): Want to join an upcoming seminar or attend a much talked about gig? Be it for a serious gathering or for the most happening events or movies, we have bid adieu to the traditional ways of buying tickets in long queues at the venue - thanks to the crazy ticketing solutions that several startups offer today. Want to head out for that amazing event you heard about? Here are top 5 platforms that are at your service:

PNB detects another fraud at Mumbai branch

New Delhi, Mar 15 (ANI): Punjab National Bank (PNB) on Thursday detected another fraud of around Rs 9.9 crore at a Mumbai branch. The new alleged fraud involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd, the Central Bureau of Investigation said in the complaint posted on its website.

Walmart expands home delivery service

New Delhi, Mar 15 (ANI): American multinational retail corporation Walmart is stepping up to battle against its rival Amazon by expanding its home delivery service to more than 100 metro areas. The customers have to order at least $30 worth of goods online by filling their carts using the app. The move compliments Walmart's grocery pick-up service which will be expanded to more than 2,200 stores this year. The online push by Walmart is to meet demands of increasing customers in the e-commerce industry.

Matrix Partners India invests in Bengaluru-based online lending platform

New Delhi, Mar 14 (ANI): Equity investment firm Matrix Partners's India division has invested in Avail Finance, a Bengaluru-based online lending platform. In addition to Matrix Partners India, Bhavish Aggarwal and Ankit Bhati, Ola's co-founders, Binny Bansal, co-founder and group CEO of Flipkart, Kunal Shah, founder of Freecharge; and Manish Patel, founder and CEO of Mswipe, also participated in the funding round. Avail Finance has raised a total of USD 17.2 million which includes debt and credit lines from multiple NBFCs. Leveraging alternate digital data and the power of the India stack (Aadhaar, eKYC, UPI), Avail aims to create a seamless lending and repayment process to serve this segment.

Credit disbursal to MSMEs up by 20% year-on-year

New Delhi, Mar 14 (ANI): Amid a slew of reforms taken for the empowerment of the Micro Small and Medium Enterprise (MSME) segment, the Centre revealed that loan disbursal to this segment witnessed a 20 percent growth year-on-year (YoY). However, first-time borrowers increased by four lakhs, while loans to small businesses in the Rs. 10 lakh sub-section increased by 32 percent. Out of this, companies in the Rs.10-50 lakh segment saw 17.1 percent growth, while those in the Rs.50 lakh to Rs. 1 crore grew by 15.6 percent. The data also revealed that MSMEs with a loan between Rs.10 lakh and Rs. 5 crores had the lowest crime rate, stable asset quality and limited downside. MSME sector, in this year's Union Budget, was recognised as the engine of growth and employment.

US consumer prices slow in February; rents moderate

New Delhi, Mar 14 (ANI): Consumer prices cooled in February which is a sign of relief for inflation-focused investors. Prices at the pump fell nearly 1 percent, and rental costs moderated. That resulted in a 0.2 percent rise in the Consumer Price Index, a slowdown from the 0.5 percent rise in January. Strip out volatile components food and energy, and prices rose 0.2 percent. Both were in line with economists' forecasts. FAO Economics chief economist Robert Brusca called it a "plain vanilla report," saying, "The acceleration stopped. I'm in the camp that inflation is under control. There are a lot of dynamics in place to keep it down." Equity investors celebrated the inflation data, sending stocks up sharply at the market open Tuesday. Treasury yields edged lower.

SBI slashes charges for non-maintenance of minimum balance

New Delhi, Mar 13 (ANI): The State Bank of India (SBI) announced a substantial reduction of charges for non-maintenance of Average Monthly Balance (AMB) in savings accounts, effective April 1. The charges for non-maintenance of AMB for customers in metro and urban centers have been reduced from a maximum of Rs. 50 to Rs.15 per month, excluding Goods and Services Tax (GST). Similarly, for semi-urban and rural centers, the charges have been reduced from Rs. 40 to Rs. 12 and Rs. 10 per month respectively, excluding GST. The bank contains Rs. 41 crores savings bank accounts, out of which 16 crore accounts under the Prime Minister's Jan Dhan Yojna (PMJDY), and Basic Savings Bank Deposit Account (BSBD) and of pensioners/minors/social security benefit holders were already exempted. In addition, students up to the age of 21 years are also exempted.

Ola officially commences operations in Sydney

New Delhi, Mar 12 (ANI): Following a successful launch in Perth, Indian ridesharing platform Ola announced the official launch of its operations in Sydney, and has hired a local team to build partnerships and support driver-partners. Sydney riders can experience the new service at an introductory offer for free rides from today; customers can download the Ola app from the Android or Apple App Store, register for an Ola account and begin booking rides. Rides can also be booked to and from Sydney Airport, for drop off and pick up in the designated ridesharing area.

Industrial licensing for manufacturing for Defence has been liberalised: Nirmala Sitharaman

New Delhi, Mar 12 (ANI): Union Defence Minister Nirmala Sitharaman today attended International Conference on Military Ammunition: Make in India Opportunities and Challenges. While addressing the gathering, Sitharaman said Industrial licensing for manufacturing for Defence has been liberalised. Sitharaman further informed that there are 37 Defence licensing companies, which holding industrial licenses for manufacturing of arms, ammunition and explosives. She added that this number can grow.

I encourage Private Sector to come in Defence production: Nirmala Sitharaman

New Delhi, Mar 12 (ANI): Union Defence Minister Nirmala Sitharaman today said she encourages the Private Sector to come in the Defence production. Speaking at International Conference on Military Ammunition: Make in India Opportunities and Challenges, Sitharaman said Private Sector have shown agility. "They have identified the opportunity that exists in this area," the Defence Minister said while speaking about Private Sector.

Limit collateral damage from bank frauds, urges ASSOCHAM

New Delhi, Mar 11 (ANI): Apex trade association ASSOCHAM on Sunday said that all out efforts must be made by banks, regulators, Government and India Inc to limit the collateral damage from the alleged fraud in the Punjab National Bank (PNB).The trade body also cautioned that an over-reaction by the banks and the investigative agencies would hurt essential credit disbursement to the trade and industry and tamper the growth expectations. ASSOCHAM also said that India can learn a lot from the United States. In the present situation, while the debate on reducing government stake to below 50 percent should be encouraged, some immediate steps should be taken to do the capacity building in the Public Sector Undertaking (PSU) banks, enabling them to prevent, detect and act on frauds.

GST Council likely to simplify tax returns

New Delhi, Mar 10 (ANI): The Goods and Services Tax (GST) Council in its 26th meeting on Saturday is likely to simplify tax returns. The council meet chaired by Finance Minister Arun Jaitley is also expected to discuss the extension of 3B returns, and the current position of revenue generated from GST. Changes in the Anti-Profiteering Rules, which will give more flexibility and power to the apex body National Profiteering Authority (NAA) are also expected.

Wall Street rockets higher on bull market's birthday

New Delhi, Mar 10 (ANI): U.S. stocks jumped higher on the ninth anniversary of the bull market. Muted wage growth in February jobs report, tempered expectations of faster interest rate increases. The report assuaged fears of inflation and aggressive rate hikes. U.S. employers added 3,13,000 jobs in February. That's the biggest increase in more than 1.5 years and was much more than economists had expected. But average wages grew just 0.1 percent, tempering fears of inflation. The report sent gold prices lower and bond yields higher, and it boosted stocks in Europe after a sluggish start to the session. Goldman Sachs shares rallied. The Wall Street Journal reports CEO Lloyd Blankfein could step down as soon as year end.

CM Jairam Thakur presents Rs 41,440 cr tax free budget

Shimla (HP), Mar 10 (ANI): Chief Minister of Himachal Pradesh Jairam Thakur has presented Rs. 41,440 crore tax free budget for next fiscal year. Thakur has announced more than two dozen new schemes laying emphasis on farm sector. CM Jairam Thakur announced to start governance index to rate districts over the performance on governance. Chief Minister announced 28 new schemes in this budget. He has said that the budget focuses on tourism, rural development and agricultural sector to revive the economy and provide job opportunities to the youth. The budget estimate projects the fiscal deficit at 5.16% while the revenue deficit at 2.09%.

US adds 3, 13,000 jobs in February

New Delhi, Mar 10 (ANI): U.S. employers added 3,13,000 jobs in February. That's the biggest increase in more than 1-1/2 years and was much more than economists had expected. What's more, the huge job increases didn't get investors nervous about inflation because average hourly earnings growth slowed down. Wages inched up just 0.1 percent last month for an annual rate of 2.6 percent. That points to a gradual growth in inflation. That'll probably do little to temper expectations that the Federal Reserve will hike interest rates in March. But it could temper expectations it'll change its rate increase forecast to four hikes this year from three. Investors liked what they heard, driving stocks up at the market open Friday. Bond yields rose, too. Wunderlich Securities chief market strategist Art Hogan said, "It's a great jobs report across the board." The unemployment rate held steady at 4.1 percent as more people entered the labor market. Employment gains were broad. Construction led the p

EU expects to be excluded from US steel tariffs

New Delhi, Mar 10 (ANI): The European Union Trade Commissioner, Cecilia Malmstrom stated that Europe expects to be excluded from the United States steel and aluminium tariffs. The tariffs are 25 percent for steel imports, and 10 for aluminium, and come into effect in fifteen days. 15 percent of Europe's steel exports went to the United States in 2017.

Virat Kohli named Uber India's first brand ambassador

New Delhi, Feb 09 (ANI): Popular ridesharing app Uber on Friday announced the appointment of Indian skipper Virat Kohli as its first brand ambassador in India, thus embarking on a first-of-its-kind initiative across the Asia Pacific (APAC) region. Sharing a common vision of empowering people and communities, this partnership will see Uber and Virat Kohli joining hands to underscore the company's commitment to serve billions in the country, in the years to come. Besides being the face of the brand, Virat will be actively involved in a series of marketing and customer experience initiatives to be rolled out by Uber India.

Nissan in talks to buy France's Renault stake

New Delhi, Mar 09 (ANI): After years of opposing France's influence on its partnership with Renault, Nissan may finally have a chance to deepen ties with its French counterpart. The carmakers are in talks with government officials over proposals by Renault-Nissan boss Carlos Ghosn for Nissan to buy the bulk of France's equity stake in Renault.

Delhi's IGI Airport tops Service Quality Awards 2017

New Delhi, Mar 08 (ANI): Delhi's Indira Gandhi International (IGI) Airport has been adjudged as the best Airport, according to the latest rankings by Airport Service Quality (ASQ) 2017. The list was released by Airport Council International. IGI surpassed South Korea's Incheon Airport which topped the list last year. IGI secured the top placed in the highest category of over 40 million passengers per annum. IGI is the seventh busiest airport in Asia. ASQ is presently the only worldwide programme to survey passengers at the airport.

Wall Street gains in choppy trade

New Delhi, Mar 07 (ANI): The Wall Street rose in a choppy session on Tuesday. Fears of a global trade war cooled as lawmakers stepped up calls for President Donald Trump to pull back from his proposed tariffs on aluminum and steel. The target shares slipped. The retailer's profit in the holiday quarter soared but missed estimates.