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In a worrying sign, India reported a fiscal deficit of Rs 6.12 lakh crore for the April-November period.

Govt determined to contain fiscal deficit at 3.3 per cent

The official said a depreciating rupee and high crude import bill would definitely put pressure on the country's current...

13 Sept 2018 12:49 PM IST

Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent across tenors.

United Bank of India increases lending rate by 5 basis points

The one-year MCLR has been increased to 8.85 per cent from 8.80 per cent.

13 Sept 2018 12:40 PM IST

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

The Delhi police received intelligence input on a possible terror plot, sources said. (Representational Image)

Two Kolkata women rescued from brothel in Delhi

Both women were brought to Delhi on the false promise of employment.

13 Sept 2018 11:30 AM IST

Dissenting BJP leader and former Union finance minister Yashwant Sinha also criticised the Finance Bill, saying the government was making several amendments through it, which should not have been the case. (Photo: PTI)

Not only Jaitley, entire BJP must come clean on ties with Mallya:...

Arun Jaitley was the finance minister in 2016 when Mallya left India.

13 Sept 2018 11:09 AM IST

The shares of public sector banks were battered badly on Tuesday after scam hit PNB made fresh disclosure saying the amount of fraudulent transaction could be Rs 1,300 crore more than the current estimate of Rs 11,400 crore.

PNB invites bids from ARCs for 21 NPA accounts to recover Rs 1,320 cr

The scam-hit lender made NPA recoveries of over Rs 7,700 crore in the first quarter of 2018-19.

13 Sept 2018 10:18 AM IST

For this fiscal year, the refiners had decided to almost double imports from Iran, which offered almost free shipping and extended credit period on oil sales. (Representational Image/AFP)

Fiscal incentives for projects to improve oil recovery

Conventional oil and gas fields see output decline and recovery rate drop as they age.

13 Sept 2018 10:02 AM IST

Appearing before London court, Vijay Mallya on Wednesday said he had met Finance Minister Arun Jaitley to settle matters before leaving India. (Photo: File | PTI)

Oppn parties slam govt on Mallya-Jaitley meeting, demand probe

The verdict in the extradition case will be announced on December 10.

13 Sept 2018 9:56 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

Air India check-in counters close 45 minutes before a scheduled departure for domestic flights and 75 minutes prior for international flights. The woman flyer reported nearly 40 minutes before her flight.

Air India to sell land, flats worth Rs 300 crore

The airline has so far in this fiscal received Rs 1,630 crore as equity infusion from the government.

13 Sept 2018 9:26 AM IST

West Bengal Chief Minister Mamata Banerjee.

Reports of Mamata Banerjee being denied permission to visit Chicago...

Spokesperson of the ministry Raveesh Kumar said the government did not receive any request for clearance for her visit.

13 Sept 2018 9:08 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

ArcelorMittal assails NCLAT order, reluctant to pay Rs 7,000 cr for...

NCLAT had asked ArcelorMittal to clear the stigma of defaulter by clearing the dues of its then subsidiaries.

13 Sept 2018 8:59 AM IST