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The Oswals had borrowed over 800 million dollars from ANZ.

Forex reserves soar over USD 5 bn to reach USD 412 bn

In the previous week, the reserves had increased by USD 1.029 billion to USD 406.667 billion.

5 April 2019 8:32 PM IST

India mulls hosting second WTO mini-ministerial meet next month: Prabhu

India mulls hosting second WTO mini-ministerial meet next month:...

This meeting assumes significance as several countries are raising questions over the relevance of the global trade...

5 April 2019 4:44 PM IST

Income Tax return forms for AY 2019-20 notified

Income Tax return forms for AY 2019-20 notified

Individuals, firms and companies have to file returns for the income earned in 2018-19 during the course of current...

5 April 2019 3:44 PM IST

We need a platform where all stakeholders work together: DPIIT Secy

We need a platform where all stakeholders work together: DPIIT Secy

This platform would look at the steps which need to be taken for industrial growth, Ramesh Abhishek said here at CII...

5 April 2019 3:11 PM IST

Govt close to meeting fiscal deficit target of 3.4 pc: Garg

Govt close to meeting fiscal deficit target of 3.4 pc: Garg

The government at many occasions had indicated that there might be some shortfall on indirect taxes collection.

4 April 2019 7:41 PM IST

Rupee slumps 76 paise to 69.17 vs USD post RBI policy

Rupee slumps 76 paise to 69.17 vs USD post RBI policy

-"Rupee tumbled after participants perceived RBI policy as less dovish than expected,-" said V K Sharma of HDFC...

4 April 2019 7:23 PM IST

RBI cuts interest rate by 25 basis points; loan EMIs likely to fall

RBI cuts interest rate by 25 basis points; loan EMIs likely to fall

Home, auto, and personal loan EMIs are likely to go down although banks are yet to fully pass on the previous cut.

4 April 2019 5:13 PM IST

$Fitch affirms India\s rating at \BBB-\ with stable outlook for 13th year in row$ Business

Fitch affirms India-'s rating at -'BBB--' with stable outlook for 13th...

Fitch Ratings said a robust growth outlook continues to support India-'s credit profile.

4 April 2019 4:43 PM IST

RBI to hold talks with banks on linking home, auto loans with external benchmark

RBI to hold talks with banks on linking home, auto loans with external...

RBI had proposed that interest rates on loans should be linked to external benchmarks like repo rate from April 1.

4 April 2019 3:36 PM IST

RBI tweaks LCR norms to boost liquidity

RBI tweaks LCR norms to boost liquidity

The decision has been taken with a view to improve the ease of undertaking forex transactions.

4 April 2019 3:02 PM IST

Urban sector holds key for double-digit growth: Fin Comm chief NK Singh

Urban sector holds key for double-digit growth: Fin Comm chief NK...

NK Singh said FRBM Committee 2017 has suggested to bring down debt GDP ratio of the country to 60 per cent by 2024-25.

4 April 2019 2:42 PM IST

RBI goes with official data: Shaktikanta Das on data row

RBI goes with official data: Shaktikanta Das on data row

Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.

4 April 2019 1:58 PM IST