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A group of terrorists looted the Jammu and Kashmir Bank at Arwani Bijbehara in Anantnag district on Monday. (Photo: ANI/Twitter)

Jammu and Kashmir Bank reduces loan rates for women borrowers

Jammu and Kashmir Bank has announced reduction in interest rates on loans for women borrowers following state...

15 May 2018 2:10 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

Two independent directors of IDBI Bank quit

Karpe and Ravi cease to be independent directors of IDBI Bank with effect from May 11 and May 12 respectively.

15 May 2018 1:52 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

E-way bill rollout due in Assam, Rajasthan this week

As per Finance Ministry, the e-way bill rollout has been scheduled for Wednesday (May 16) in Assam, and Sunday (May 20)...

15 May 2018 12:39 PM IST

Dollars gains against other currencies overseas put squeeze on rupee.

Inflation concerns makes rupee hit 16-month low

The local currency closed at 67.52 a dollar, down 0.27 per cent from its previous close of 67.32.

15 May 2018 12:39 AM IST

It said that retail inflation is expected to moderate to 5 per cent in January (5.2 per cent previously) and that the trade deficit narrowed to $12 billion ($14.9billion previously). (Representational Image)

RBI may harden stance as inflation rises in April

The hardening of inflation, both retail and wholesale, comes weeks ahead of RBI's Monetary Policy Committee (MPC) meet...

15 May 2018 12:35 AM IST

South Indian Bank on Monday reported a jump of 51 per cent in net profit at Rs 114.10 crore for March quarter.

South Indian Bank Q4 net profit jumps 51 pc at Rs 114 crore

The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.

14 May 2018 4:13 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may go for 3 rate hikes from December quarter: report

It may go for three rate hikes by 2019 taking the key policy rate to 6.75 per cent.

14 May 2018 2:09 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI Assocham

WPI inflation rises to 3.18 pc in April on costlier fuel, fruits

The Wholesale Price Index (WPI) based inflation stood at 2.47 per cent in March and 3.85 per cent in April last year.

14 May 2018 12:42 PM IST

The rupee had lost 8 paise to close at 65.52 against the US currency due to bouts of dollar demand from importers and banks.

RBI printing more notes to build cash reserves

The new currencies would not be released for circulation, but would be kept as reserves.

14 May 2018 9:10 AM IST

BJP leader Subramanian Swamy at Parliament in New Delhi on Thursday. (Photo: PTI)

Subramanian Swamy wants I-T abolished to ease burden

He said most taxpayers are the middle class and startup entrepreneurs and it amounts to harassment for them.

12 May 2018 12:29 AM IST

Industrial output declined by 0.3 per cent as against a growth of 4.8 per cent a year ago. (Photo: PTI)

Index of Industrial Production records 5-months low growth of 4.4 pc

The previous low at 1.8 per cent was recorded in October 2017.

11 May 2018 6:29 PM IST

Dena Bank on Friday reported widening of its net loss to Rs 1,225.42 crore in the March quarter on mounting bad loans and higher provisioning to cover them.

Dena Bank widens Q4 net loss at Rs 1225 cr as bad assets soar

For the entire fiscal, 2017-18, the bank has posted a net loss of Rs 1,923.15 crore.

11 May 2018 5:21 PM IST