New Delhi: Former SAP executive Vishal Sikka on Friday denied IP theft charges made by tech firm Teradata, terming the allegations as “baseless and outrageous”,…
Posts published in “Business”
Gadkari was addressing the Indian Community at the inauguration of the Swami Vivekananda Cultural Centre at the Indian Embassy in Dushanbe. PTI Updated:June 22, 2018,…
New Delhi: India today made its first official move to clampdown against big bank loan defaulters under a new law as the Enforcement Directorate (ED)…
Modi said 54 lakh new taxpayers have sought registration under the new regime, taking the number of indirect tax payers to over one crore. PTI…
NEW DELHI: India, the world’s biggest buyer of US almonds, raised import duties on the commodity by 20 per cent, a government order said, joining…
The walk-in interviews will be held on 25, 27 and 29 June, 2018 Image for representation. IHM Recruitment 2018 Notification to fill 120 vacancies for…
At the foreign exchange market, the rupee firmed up by 19 paise to 67 points 79 against the US dollar today. Yesterday, the rupee had…
Union Finance Minister Piyush Goyal has expressed confidence that it was not impossible at all for India to achieve a double-digit growth rate given the…
Mumbai: The benchmark BSE Sensex got off to a lower start today, tracking a sell-off in global markets amid escalating trade war worries. The 30-share…
The benchmark BSE Sensex fell by 50.91 points, or 0.14 per cent, to 35,381.48 in opening trade. PTI Updated:June 22, 2018, 9:43 AM IST Image…
New Delhi: After its stake sale plan for national carrier Air India failed, the Centre has directed the ‘Maharaja’ to submit a plan of funds…
Mumbai: Regulator Sebi on Thursday decided to amend the norms governing initial public offers, takeovers and buybacks as well as harmonise shareholding patterns in market…
Chief Financial Officer Bob Swan will serve as interim chief executive while the company searches for a replacement. AFP Updated:June 21, 2018, 7:33 PM IST…
Mumbai: India would be the only economy that will not face an upward revision of wages by 2030, as it has a talent surplus, bucking…
Mumbai: The shareholders of the embattled Bank of Maharashtra and bank unions today came out in support of its arrested brass for their alleged collusion…
The results continue to show that emerging economies are considerably more vulnerable than developed countries to credit and financial stress. Image for Representation. (File Photo:…
Swiggy has so far raised $465 million in seven rounds of funding. Reuters Updated:June 21, 2018, 1:08 PM IST (Representative image) Indian online food delivery…
A 162-page internal report, produced by PNB officials tasked with probing the fraud, lays bare widespread risk-control and monitoring lapses in many areas of the…
New Delhi: In a retaliatory move, India has hiked customs duty on several goods, including Bengal gram, lentils and artemia, imported from the US. The…
Indian American Atul Gawande Named CEO Of Health Venture By Amazon, Berkshire Hathaway and JP Morgan
Indian American Atul Gawande Named CEO Of Health Venture By Amazon, Berkshire Hathaway and JP Morgan
New York: Eminent Indian-American surgeon, writer and public health innovator Atul Gawande has been named as the CEO of a new US employee health care…
New York: Eminent Indian-American surgeon, writer and public health innovator Atul Gawande has been named as the CEO of a new US employee health care…
New York: Eminent Indian-American surgeon, writer and public health innovator Atul Gawande has been named as the CEO of a new US employee health care…
Mumbai: The benchmark Sensex climbed over 123 points to 35,670.39 in opening trade today, led by gains in index heavyweight Reliance Industries, amid continued buying…
Foreign portfolio investors (FPIs) sold shares worth Rs 2,442.61 crore yesterday, as per provisional data issued by stock exchanges. PTI Updated:June 21, 2018, 10:07 AM…
Washington: Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc’s film and television assets to $71.3 billion on Wednesday, sweetening…
New Delhi: The government has cleared pending GST refunds to the tune of Rs 38,062 crore to the exporters so far, an official statement said…
New York: Eminent Indian-American surgeon, writer and public health innovator Atul Gawande has been named as the CEO of a new US employee health care…
New Delhi:Arvind Subramanian has called it quits after four illustrious years at North Block. His tenure was marked by brave additions and far-sighted changes. Subramanian…
The world faces likely lower oil exports from Iran, OPEC’s third-biggest producer, after U.S. President Donald Trump pulled out of a 2015 nuclear accord with…
New Delhi: Air India needs to spruce up through a fresh cash injection, cost cuts and non-core asset sales, analysts said on Wednesday, after the…
New Delhi: A peak tax rate of 28 per cent plus states levying some amount of local sales tax or VAT on petrol and diesel…
At the stock markets, the Sensex at the Bombay Stock Exchange was trading more than 200 points up during noon trade today. The 30-share index,…
The rupee recovered from its near one-month low to trade 32 paise higher at 68.06 against the US dollar in early session today on fresh…
Gold prices were little changed on Wednesday, after slipping to a near six-month low in the previous session, amid a steady dollar and firmer equities.…
Mumbai: The BSE Sensex rebounded over 130 points in opening trade today, reversing its two-session losing streak on value-buying in select blue-chips amid a strengthening…
Forex dealers said selling of the greenback by banks and exporters supported the rupee but the dollar’s strength against other currencies overseas capped the gains.…
New York: Global stock markets fell on Tuesday after President Donald Trump threatened to put tariffs on another $200 billion in imports from China, and…
New Delhi: Public money in state-owned banks is 100 per cent safe and secure, Finance Minister Piyush Goyal said on Tuesday against the backdrop of…
New Delhi: With ICICI Bank Chief Executive Chanda Kochhar going on leave pending the completion of a probe over an alleged conflict of interest, group…
Mumbai: Benchmark Sensex declined by over 148 points in early trade today, tracking a weak trend in global markets as the trade spat between the…
Foreign portfolio investors (FPIs) sold shares worth Rs 754.43 crore yesterday, as per provisional data. PTI Updated:June 19, 2018, 10:16 AM IST Image for representation.…
Beijing: Beijing on Tuesday accused Donald Trump of “blackmail” and warned it would retaliate in kind after the US president threatened to impose fresh tariffs…
TOKYO: A sell-off in Chinese stocks drove Asian equities to a four-month low on Tuesday as US President Donald Trump threatened new tariffs on Chinese…
ZTE’s Hong Kong-listed shares tumbled as much as 24 percent to HK$10.02, its lowest in nearly two years, while its Shenzhen shares fell by their…
In case you missed it Under fire for allowing Nirav Modi to still use the Indian passport, the CBI said that information about the absconding…
New Delhi: With ICICI Bank Chief Executive Chanda Kochhar going on leave pending the completion of a probe over an alleged conflict of interest, group…
London: A 200 basis-point increase in interest rates could spark a sharp rise in the proportion of emerging market corporate debt issues at risk of…
The Insurance Regulatory and Development Authority (Irdai) has set up a 10-member panel to review norms related to insurance marketing firm (IMF) with an aim…
New Delhi: Indian pharma companies should enter into strategic alliances and partnership with local manufacturers and distributors in China for getting greater market access in…
The bank has appointed Sandeep Bakhshi, who is currently MD and CEO of ICICI Prudential Life Insurance, as the chief operating officer. File photo of…
Last month, RVNL had received capital markets regulator SEBI’s go-ahead to float an IPO by selling 2.08 crore equity shares or 10 per cent stake…
New Delhi: Even as the ruling BJP and its senior leaders have repeatedly attacked the Congress for leaving behind a legacy of “governance failure”, “policy…
New Delhi: Finance Minister Piyush Goyal will meet heads of 13 public sectors banks (PSBs) on Tuesday to resolve various issues concerning them. According to…
Earlier this month, Reserve Bank of India had came out with draft guidelines on loan system for delivery of bank credit to improve discipline among…
Mumbai: Board members of ICICI Bank are meeting on Monday to decide on the appointment and the scope of the BN Srikrishna panel to look…
Dr Reddy’s, though, has said it would launch its new drug regardless of the legal squabble. Reuters Updated:June 18, 2018, 2:44 PM IST Representative Image…
Union Minister Arun Jaitley has said, 7.7 per cent economic growth in the fourth quarter of 2017-18 firmly established India as the fastest growing major…
NIT Calicut Notification 2018 to fill 125 vacancies for the post of Technical Staff has been released on the official website of National Institute of…
New Delhi: Union Minister Arun Jaitley has said that 7.7 per cent economic growth in the fourth quarter of 2017-18 ‘firmly’ established India as the…
Finance Minister, Piyush Goyal, has assured to meet the fiscal deficit target of 3.3 per cent. PTI Updated:June 18, 2018, 12:02 PM IST File Photo…
New Delhi: Tata Consultancy Services (TCS) announced a buyback of up to Rs 16,000 crore on Friday which most brokerages think was a bit lower…
Hong Kong: Fresh fears of a trade war between the world’s top two economies sent Asia markets tumbling on Monday after the United States and…
In the last three years, NABARD has given Rs 2,000 crore every year to the Madhya Pradesh government for works related to roads, bridges and…
New Delhi: Rating agency Moody’s has sounded a note of caution that any reduction in excise duty on petrol and diesel would adversely affect fiscal…
New Delhi: Seven of 10 most valued companies added Rs 73,871.79 crore to their total market valuation last week, led by Tata Consultancy Services (TCS)…
India’s exports grew by 20 point 18 per cent to 28 point 86 billion dollars in May this year as compared to the same period…
Commerce and Industry Minister Suresh Prabhu has said that senior officials of India and the US will soon meet to address concerns of both the…
New Delhi: Grappling with agrarian crisis and widespread resentment among crop growers, farmer issues are set to dominate the fourth governing council meeting of NITI…
[unable to retrieve full-text content]The two exchanges have been locked in dispute after India’s three main bourses unexpectedly announced in February they would stop licensing…
The price of diesel was unchanged for the fourth day in a row. In Delhi, Kolkata, Mumbai and Chennai, it was sold at Rs 67.85,…
Mumbai: The employees union of the Reserve Bank has, in a surprise move, backed governor Urjit Patel for his stern action to stem the bad…
Mumbai: The BSE Sensex ended with modest gains on Friday, helped by a late burst of buying in technology and pharma stocks, even as global…
Mumbai: Global ratings agency Fitch on Friday said ICICI Bank and Axis Bank have “gaps” in their risk control mechanisms and has revised down its…
New Delhi: Public sector banks have written off bad loans worth a whopping Rs 1.20 lakh crore, an amount that is nearly one-and-a-half times more…
The announcement follows a similar share purchase done by the company last year. PTI Updated:June 15, 2018, 3:40 PM IST Representative image. (Reuters) New Delhi:…
US President Donald Trump is due to unveil later Friday a final list of roughly $50 billion in Chinese imports that would face punishing tariffs,…
The move comes after US President Donald Trump pulled out of an international nuclear deal with Iran on May 8 and said he would reimpose…
Mumbai: The BSE Sensex recovered by over 66 points to 35,666.07 in opening trade today, aided by continuous buying by domestic investors amid mixed Asian…
Mumbai: Reserve Bank union today requested Governor Urjit Patel to monitor banks through a combination of risk-based supervision, off-site surveillance and on-site inspections of operational…
Besides, the dollar strengthening against other currencies overseas as the European Central Bank (ECB) pledged to leave interest rates unchanged until mid-2019, weighed on the…
A Wall Street Journal report warned that the US decision could become the start of a tit-for-tat series of retaliatory moves. If the US hits…
Washington: US President Trump has made up his mind to impose “pretty significant” tariffs on Chinese goods, an administration official said on Thursday, as Beijing…
The company is expected to make the investment through a fund backed by Saudi Arabia’s government. Reuters Updated:June 15, 2018, 8:00 AM IST SoftBank TOKYO:…
The 21st aircraft, an Airbus A320 Neo plane landed at Delhi’s Indira Gandhi International Airport at 0336 hours on Thursday, the airline said in a…
New Delhi: Regulator SEBI is considering capping tenure of stock exchange CEOs to maximum two terms of five years each, as part of an overhaul…
“The additional capital will go a long way in supporting our growth plans over the next few years, especially in semi-urban and rural India,” its…
Musk now owns 33.74 Million Tesla shares in total. Reuters Updated:June 14, 2018, 5:25 PM IST Tesla chief Elon Musk (Photo: Reuters) Tesla Inc Chief…
New Delhi: Inflation based on wholesale prices shot up to a 14-month high of 4.43 per cent in May on increasing prices of petrol and…
Taxpayer would be required to approach the concerned jurisdictional tax officer to get the password for the GSTIN allotted to the business. Taxpayers can check…
Tokyo: Asian shares eased on Thursday after the Federal Reserve raised interest rates and struck a more hawkish tone by forecasting a slightly faster tightening,…
The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted interest rates and signalled two more hikes this year and…
Mumbai: Equities slipped back into the red today after a three-day winning run as investors turned cautious following US Federal Reserve’s rate hike. The BSE…
The scheme could not be completed even after 19 months due to reasons beyond the company’s control, Fortis Healthcare said in a statement late on…
Washington: The US Federal Reserve raised the benchmark lending rate on Wednesday for the second time this year, and signalled it will be more aggressive…
Mumbai: Current account deficit (CAD) jumped over three times to $48.7 billion, or 1.9 per cent of the country’s GDP, in FY18 from $14.4 billion…
The leading FMCG firm has been given June 15 deadline by the Union Food Processing Ministry to meet the conditions required to get the final…
New Delhi: Fitch Ratings on Wednesday raised India’s economic growth forecast to 7.4 per cent for 2018-19 but cited higher finance costs and rising oil…
With the raising of this capital, FDI in the bank would hit the regulatory ceiling of 74 per cent, Finance Minister Piyush Goyal said after…
New Delhi: The government is open to listing ailing national carrier Air India, a government source said on Wednesday, after failing to attract buyers for…
New Delhi: Real estate developers and consultants expect housing sales to rise, especially in small cities, as the government has increased the carpet area to…
Mumbai: Headline inflation surging to a four-month high of 4.87 per cent in May is likely to force the Reserve Bank of India (RBI) to…
The scam-hit bank said PNB HK is required to maintain high quality liquid assets (HQLA) in Hong Kong equivalent to 100 per cent of unpledged…
New Delhi: The Reserve Bank of India (RBI) has admitted to not having an internal committee that looks into virtual currencies (VCs), a reply to…
Washington: AT&T Inc won court approval on Tuesday to buy Time Warner Inc for $85 billion, rebuffing an attempt by U.S. President Donald Trump’s administration…
Singapore: Oil prices fell on Wednesday, hit by rising supplies in the United States and expectations that producer cartel OPEC could relax voluntary output cuts.…
Mumbai: The BSE Sensex rallied about 185 points to 35,877.41 in early session today, buoyed by robust industrial output data amid mixed Asian cues. Industrial…
New Delhi: The government is considering a proposal to raise the pension limit under Atal Pension Yojana (APY) to up to Rs 10,000 per month…
Retail inflation jumped to a four-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with…
ZTE, a Chinese telecommunication equipment makers company, was set to lose 38 per cent of its Hon Kong shares after it agreed to pay the…
New Delhi: RBI Governor Urjit Patel on Tuesday made a strong case for more powers to effectively regulate public sector banks (PSBs) as lawmakers asked…
Market regulator SEBI has set up a panel to recommend the ways to make stock market listing attractive for startups. The panel has to submit…
New Delhi: After finding no takers for a stake sale in national carrier Air India, the Centre is set to come up with new guidelines…
Earlier, the bank employees had observed a two-day strike on May 30 and 31 against the salary hike. PTI Updated:June 12, 2018, 8:34 PM IST…
New Delhi: Billionaire Gautam Adani’s group company on Tuesday offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible…
New Delhi: Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled…
The Sensex at the Bombay Stock Exchange extended its gains today and was up by over 150 points at 35,639, in late morning deals. The…
The BSE Sensex stayed in the positive terrain throughout the session and hit a high of 35,743.08 before ending at 35,692.52, higher by 209.05 points,…
Sources present at the meeting of the Parliamentary Standing Committee on Finance said the RBI Governor expressed confidence of tiding over the crisis regarding non-performing…
The bank on May 30 announced that its Board has decided to institute a “comprehensive enquiry” to look into an anonymous whistleblower’s complaint alleging that…
Major currencies were mostly weak against the US dollar overseas as a historic US-North Korea summit got underway in Singapore. PTI Updated:June 12, 2018, 9:52…
Mumbai: The benchmark Sensex rose over 84 points while the Nifty reclaimed the 10,800-mark as investors looked forward to release of key macroeconomic data due…
Washington: A bipartisan group of about a dozen influential lawmakers today said the recent Indian decision to increase tariff on apples from 50 per cent…
Sydney: The dollar jumped to a 3-week top on Tuesday while stock markets in Asia were choppy as an historic US-North Korea summit got underway…
Petrol price has been cut by 15 paise a litre and diesel by 10 paise. This is the 14th consecutive day that the prices have…
The dollar jumped to a 3-week top on Tuesday while Asian shares started cautiously as investors were hopeful of a positive outcome from a highly…
India will soon start producing first indigenous Lithium Ion batteries. A memorandum of understanding for transfer of technology for India’s first Lithium Ion (Li-ion) Battery…
The Domestic stocks today logged gains of more than half a per cent in afternoon trade amid mixed global markets. The Sensex, at the Bombay…
Mumbai/Stockholm: IKEA is set to open its first store in India next month, and the world’s biggest furniture retailer is localizing its offering – from…
India’s domestic sales for diesel and petrol rose to record highs in May, pushing the country’s overall fuel consumption for the month higher year-on-year, data…
Mumbai: The Reserve Bank today came out with draft guidelines on loan system for delivery of bank credit to improve discipline among larger borrowers enjoying…
New Delhi: Union Minister Piyush Goyal on Monday proposed to open extended banking counters across all 2.9 lakh common service centres (CSCs) that are operated…
Currently, 11 banks including Bank of India, IDBI Bank, Dena Bank, and Allahabad Bank are under the Prompt Corrective Action framework. PTI Updated:June 11, 2018,…
The banking regulator had further said that at present “only certain” payment system operators and their outsourcing partners store the payment system data either partly…
Hong Kong: Cryptocurrencies plunged in Asia on Monday after a hack on a South Korean exchange sparked fresh concerns about the safety of the digital…
On Friday, the rupee had plunged by 38 paise or 0.57 per cent to close at a fresh one-week low of 67.50 against the US…
Mumbai: The BSE Sensex rebounded by 149 points while the Nifty recaptured the 10,800-mark in early trade today on sustained buying by domestic institutional investors…
Hong Kong/China: Asian markets fluctuated Monday after the Group of Seven meeting ended with deep divisions between the US and its allies, while investors are…
In case you missed it Modi ‘assassination’ plot: NCP chief Sharad Pawar has joined the larger opposition narrative that the apparent assassination plot against Prime…
New Delhi: As the multi-agency probe continues into alleged lapses involving ICICI Bank’s chief Chanda Kochhar and her family members, the matter has also come…
New Delhi: Enthused by the successful resolution of Bhushan Steel, Nirav Modi fraud-hit Punjab National Bank (PNB) is hopeful of Rs 8,000 crore recovery from…
New Delhi: Losses of public sector banks crossed a whopping Rs 87,300 crore in the 2017-18 fiscal, topped by scam-tainted Punjab National Bank (PNB) which…
New Delhi: The cumulative loss of public sector banks crossed a whopping Rs 87,357 crore in the 2017-18 fiscal, with scam-tainted Punjab National Bank topping…
New Delhi: The country’s largest lender SBI will conduct auction of 12 non-performing accounts (NPAs) later this month to recover dues of over Rs 1,325…
New Delhi: Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of…
New Delhi: Stock market this week will be guided by a host of key macroeconomic data points including the industrial production numbers for April, global…
New Delhi: Violence cost the Indian economy a whopping $1.19 trillion (over Rs 80 lakh crore) last year in constant purchasing power parity (PPP) terms,…
Qingdao (China): President Xi Jinping on Saturday suggested Prime Minister Narendra Modi that the two countries set up a new bilateral trade target of USD…
Traders said increased buying by local jewellers to meet retailers’ demand at domestic spot market and a firm trend overseas kept gold prices higher. PTI…
“More than Rs 7,000 crore of IGST/ ITC refunds sanctioned till now during the ongoing Special Refund Fortnight,” the Central Board of Indirect Taxes and…
The British telecom operator will look at monetising its stake in Indus Towers if it requires to make additional investment in India in case Aditya…
Earlier this week, President Ram Nath Kovind gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which allows home buyers to…
Mumbai: Interim finance minister Piyush Goyal said on Friday that the government was committed to support all state-run banks and strengthen their operations, after several…
New Delhi: Foreign direct investment (FDI) in India increased by about 3 per cent to USD 61.96 billion in 2017-18 on account of steps taken…
At the stock markets, the Sensex at the Bombay Stock Exchange lost 150 points, or 0.4 percent, to trade at 35,313, in afternoon session, a…
According to the DIPP Secretary, in the past four years of Modi government FDI inflows took a leap from USD 152 billion to USD 222.75…
Beijing: China’s trade surplus with the United States jumped in May, official data showed Friday, worsening the imbalance at the centre of tensions between the…
Besides, weakness in the domestic stock market weighed on the rupee at the Interbank Foreign Exchange market. PTI Updated:June 8, 2018, 9:55 AM IST Representative…
In the context of rising inflation and additional upside risks to the forecasts due to higher oil prices, exchange rate depreciation and other domestic factors,…
IMF Spokesman Gerry Rice said authorities have made progress in addressing the stock of non-performing assets and were taking further measures to deal with the…
Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme to make it more attractive. The revamping of the scheme is aimed…
Air India is inviting bids for Government Guaranteed INR STL totalling to Rs 1,000 crore to meet its urgent working capital requirements, the airline said…
In June 2014, RBI had specified that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing deposit amount transferred…
Mumbai: Value buying, coupled with positive global markets and normal progression of the monsoon, lifted the key domestic equity indices for the second consecutive day…
The stock market has gathered a lot of steam now, with the Sensex rising over 400 points, while the Nifty has hit 10,800 after several…
The Union Cabinet today approved raising the basic pay of Gramin Dak Sevaks (GDS) by over three-fold to up to Rs 14,500 per month, effective…
Mumbai: Extending post-RBI policy rally, the BSE Sensex spurted 208 points in opening trade on Thursday on widespread buying, with banking, metal and realty sectors…
Yesterday, the RBI hiked the policy rate for the first time in over four years — by 0.25 per cent — to curb inflationary pressures…
In line with market expectations, the Monetary Policy Committee headed by RBI Governor Urjit Patel has unanimously hiked the key policy repo rate by 25…
The Centre has constituted a group of eminent persons to study the Special Economic Zones, SEZ Policy of India. The group will be headed by…
FCA in a notice said it has imposed a penalty of 896,100 pounds on the bank and restricted it from accepting deposits from new customers…
Washington: India’s economy will see a robust growth of 7.3 percent this year and 7.5 percent for the next two as “factors holding back growth…
It termed the unanimous rate hike by the six-member monetary policy committee (MPC) as “sensible and cautious” given the events of the last two weeks.…
New Delhi: Home buyers will now be recognised as financial creditors under the insolvency law, with the government promulgating an ordinance. President Ram Nath Kovind…
New Delhi: The government today approved revised guidelines on time bound closure of sick and loss making central public sector enterprises and disposal of their…
New Delhi: Those postponing plans to buy homes and cars till lending rates dip may have to wait a little longer. Commercial banks are likely…
The guidelines accord first priority to utilisation of land of central public sector enterprises (CPSEs) under closure for affordable housing as per the relevant guidelines…
A hike in the rates will increase the lending rates by the banks to maintain their profit margins, adding pressure on the common man to…
The Sensex at the Bombay Stock Exchange climbed 223 points, or 0.64 per cent, to 35,127 in afternoon trade. The Nifty at the National Stock…
Mumbai: Rising inflation and high crude oil prices will weigh on the minds ahead of the RBI’s bi-monthly policy meet outcome due later on Wednesday.…
Mumbai: The BSE Sensex rebounded over 69 points in opening trade, breaking its three-day losing run, ahead of the RBI’s bi-monthly policy meet outcome due…
Dealers said besides fresh selling of dollar by exporters, dollar’s weakness against some currencies overseas amid lingering concerns about global trade supported the rupee. PTI…
New Delhi: Baba Ramdev’s Patanjali Ayurved today said it is pulling out of its proposed Rs 6,000-crore mega food processing project along the Yamuna Expressway…
The Trump administration’s decision to impose tariffs on aluminium and steel imports had triggered a trade war with several countries including China, which announced retaliatory…
Mumbai: Gross non-performing assets in the banking system, which stood at 11.2 per cent in FY2018, is likely to touch 11.5 per cent in this…
Tokya: Japan’s Sharp Corp said it will buy Toshiba Corp’s personal computer business and issue $1.8 billion in new shares to buy back preferred stock…
The appointment is effective from yesterday, GoAir said in a release. He will be reporting to the airline’s chairman, managing director and the board of…
Forex dealers said increased demand for the US currency from importers as also the greenback’s gains against rivals overseas put pressure on the rupee. PTI…
The approval is for total foreign investment up to 100 per cent in Idea Cellular Ltd., and total indirect FDI in its relevant subsidiaries Aditya…
Some members quizzed the bank officials whether “aggressive lending” during the successive UPA governments was the reason for the mounting NPAs in the banking system,…
New Delhi: It was a rare sight on Monday when Left ideologists and Right wingers shared the same stage and for once, similar opinion, while…
New Delhi: Over 100 trader organisations today opposed the USD 16-billion Walmart-Flipkart deal stating it would cause “irreversible damage” to small traders and endanger jobs…
Dahej, Gujarat: India on Monday received its cheapest LNG under a long-term deal as Russia began shipping natural gas at a delivered price of close…
Mumbai: The BSE Sensex skidded over 215 points today as nervous investors took money off the table amid speculation that the RBI may go for…
New Delhi: Fitch Ratings today downgraded viability rating of fraud-hit Punjab National Bank, citing significant deterioration in its credit profile and oversight gaps. The viability…
Dahej, Gujarat: Oil Minister Dharmendra Pradhan on Monday ruled out a daily price review of petrol and diesel but said the government was concerned about…
The Reserve Bank of India, RBI, is organizing Financial Literacy Week from today till 8th of this month, across the nation. This year the theme…
Jain, who is also the managing director of the state-run lender, had previously led Indian Bank for a couple of years, Rajeev Kumar, secretary, Department…
Leverkusen: German chemical and pharma major Bayer AG today said it will complete the multi-billion dollar acquisition of US-based biotech major Monsanto on June 7,…
The rupee advanced by 21 paise to a fresh one-month high of 66.85 against the dollar in early trade today. PTI Updated:June 4, 2018, 10:20…
Participants are also keeping an eye on RBI’s second bi-monthly monetary policy meeting of 2018-19, being held from June 4-6. PTI Updated:June 4, 2018, 9:48…