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Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI's June policy a close call, tone to remain hawkish: UBS

The MPC maintained status quo for the fourth consecutive time since August last year.

29 May 2018 2:10 PM IST

The unmet credit demand among small entrepreneurs and rural households have helped many of the leading non-banking finance companies (NBFCs) to grow their loan booksfaster than banks. (Representational image)

NBFCs may tap Indian bond mart

The NBFCs have accounted for 40 per cent of the retail bond issuances during FY11 FY18 period, the balance being...

29 May 2018 12:42 AM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10.

Bank of India Q4 loss widens to about Rs 4,000 crore on bad loans

The gross non-performing assets (NPAs) hit 16.58 per cent of the gross advances, as against 13.22 per cent by end March...

28 May 2018 6:34 PM IST

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

RBI asks Rupee Co-op Bank to continue restriction for 3 more months

As per Rupee Co-Operative Bank website, the lender has 40 offices/branches, including the headquarter in Pune, across...

28 May 2018 6:08 PM IST

India now 'bright spot' in global economy: Arun Jaitley

Modi government has provided a 'scam-free' governance during the last four years, says Jaitley

26 May 2018 3:42 PM IST

Crude oil prices have remained high in the recent past due to production cuts by Opec and a gradual recovery in the global economic growth.

Crude oil may derail economy

To slowdown foreign investment, increase inflation, balloon imports.

26 May 2018 1:27 AM IST

The possibility of the government skidding on the fiscal deficit front is hardly good news at the close of a turbulent year that saw demonetisation and a hurried introduction of a flawed Goods and Services Tax ravage the economy, particularly the cash-dependent rural economy.

Indian economy strong, reforms on track: CII

The overall economy is strong with GST having settled down and reforms firmly on the right path.

25 May 2018 2:31 PM IST

The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

Prabhu to raise visa, steel duty, WTO issues with USTR, Commerce Secy

India's exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

25 May 2018 1:53 PM IST

Out of 14 Asian economies, India is the 12th most competitive economy.

India fares well in competitiveness

The US, Hong Kong and Singapore are ranked first, second and third.

25 May 2018 12:37 AM IST

The enforcement directorate has registered a case of money laundering in connection with an alleged Rs 621 crore loan fraud involving UCO Bank.

Bank credit grows at 12.64 per cent, deposits at 7.61 per cent

Advances to industry grew by 0.7 per cent in March 2018, compared with a contraction of 1.9 per cent in March 2017.

24 May 2018 2:24 PM IST

State Bank of India

State Bank of India jumps to 12-week high on recovery forecast

SBI added Rs 336.7 bn of non-performing loans in March quarter, taking its total to Rs 2.23 tn, or 10.91 per cent of...

23 May 2018 2:22 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.

Country-wide intra-state e-way bill system mandatory from June 3

Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.

22 May 2018 7:23 PM IST