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Finance Minister Piyush Goyal (Photo: File)

UPA govt gave loans blindly, weakened banking sector: Piyush Goyal

NDA government brought transparency and forced people to repay their loans, says Piyush Goyal.

13 Sept 2018 11:53 AM IST

Prime Minister Narendra Modi

PM Modi calls high-level emergency meet on Saturday to review economy

Free-fall of rupee and relentless hike in oil prices top agenda of Saturday meeting with Finance Minister and RBI...

13 Sept 2018 9:36 AM IST

This is first time in 10 months that the retail inflation was below the Reserve Bank of Indias medium-term target of 4 per cent. (Representational Images)

Inflation cools to 10-month low in August; IIP at 6.6 per cent

The Consumer Price Index (CPI) based inflation was at 4.17 per cent in July 2018 and 3.28 per cent in August 2017.

13 Sept 2018 6:04 AM IST

The rupee on Thursday spurted 12 paise to 64.80 against the US currency. (Photo: AP)

US dollar ends sharply lower at 72.19 against Rupee

The US dollar ended sharply lower against the rupee at 72.18/19 per dollar.

12 Sept 2018 7:28 PM IST

Diverting from retail inflation, wholesale inflation (WPI) fell to 5.70 per cent in March from 6.55 per cent in the previous month.

Retail inflation cools to 11-month low of 3.69 per cent in August

The inflation based on Consumer Price Index (CPI) stood at 4.17 per cent in July and 3.28 per cent in August 2017.

12 Sept 2018 6:02 PM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)

'Govt, RBI to do everything to check rupee slide to unreasonable...

The rupee collapsed to a lifetime low of 72.91 against the dollar.

12 Sept 2018 4:12 PM IST

HDFC Standard Life Insurance Company, one of Indias largest private life insurers has announced launch of a new and enhanced version of its flagship and highly popular term product Click 2 Protect 3D Plus.

HDFC Life elevates Vibha Padalkar as MD and CEO

Her appointment came after the current MD and CEO, Amitabh Chaudhry, resigned on September 8.

12 Sept 2018 3:52 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank warns of too much focus on tech-driven lending

ICICI Bank official has cautioned against excessive use of computer algorithms in lending and has called for applying...

12 Sept 2018 2:55 PM IST

EEPC India on Monday said Indias exports grew by 17 per cent to USD 76 billion in financial year 2017-18.

Exports up 19.21 per cent in Aug; trade deficit at USD 17.4 billion

Merchandise imports too rose by 25.41 per cent in August to USD 45.24 billion due to the rising crude oil prices.

12 Sept 2018 2:30 PM IST

The latest round of wage revision for all banks is due from 1 November 2017. (Photo: ANI)

Banks asked to set up one platform for sale of loan defaulters' assets

About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.

12 Sept 2018 11:36 AM IST

Finance minister Arun Jaitley

NPAs rise, Jaitley to meet bank bosses to review scenario

26 banks together both private and public reporting gross NPAs of over Rs 7.31lakh crore.

12 Sept 2018 8:52 AM IST

Raghuram Rajan, who exited RBI a year ago, had courted controversy in 2015 lecture where he talked about growing intolerance in India. (Photo: PTI)

Rajan drops a bombshell; Cong in dock, flags MUDRA, farm loan waiver...

A brutal exposition of all the warts that adorn India's perilously poised banking system.

12 Sept 2018 8:46 AM IST