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IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

IOC Q2 profit drops 12.6 per cent on forex losses, low margins

The company suffered a foreign exchange loss of Rs 2,600 crore in the quarter as rupee depreciated.

2 Nov 2018 6:19 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

India to be among 3 largest economies in coming years: Arun Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France.

2 Nov 2018 6:02 PM IST

Prime Minister Narendra Modi.

PM announces incentives for MSMEs, Rs 1 crore loan in 59 minutes

12 historic decisions will boost small and medium enterprises, says PM Modi.

2 Nov 2018 5:50 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank Q2 net profit jumps 83 per cent to Rs 790 crore

The bank had registered a net profit of Rs 432 crore in the July-September quarter of 2017-18.

2 Nov 2018 5:04 PM IST

About one lakh tonnes of coal production was hit in the open cast mines in Sattupalli and the miners were unable to unearth another two lakh tonnes of coal in Kothagudem and Manuguru mines. (Representational Image)

CIL coal output in Apr-Oct rises 10 per cent to 306 million tonne

Overall offtake during the reported period was 340.81 MT, clocking 7.4 per cent growth.

2 Nov 2018 3:01 PM IST

Farmers monitoring watering of plants through drip cables

Govt initiating multiple reforms for doubling farmers income

Agricultural growth has a strong correlation with poverty reduction, says P K Mishra

2 Nov 2018 2:26 PM IST

Manjeet, husband of the deceased, his girlfriend Angel Gupta alias Shashi Prabha and Rajeev, were arrested in connection with the murder of Sunita, the teacher, in northwest Delhis Bawana area. (Photo: angelgupta.com)

Delhi man, model girlfriend arrested for murder of wife who objected...

The teacher, Sunita discovered about her husband Manjeet's extra-marital relationship with Angel.

2 Nov 2018 2:10 PM IST

Branch manager of Punjab National Bank (PNB) was convicted for seven years by a Central Bureau of India (CBI) court in the city in a disproportionate assets case.

PNB posts Rs 4, 532 crore loss in Sept quarter as bad loans soar

The bank's gross non-performing assets as a proportion of gross advances rose sharply to 17.16 per cent.

2 Nov 2018 1:24 PM IST

In 2005, the Delhi High Court quashed all charges against the accused people in the politically-sensitive Rs 64 crore Bofors pay-off case. (Photo: AFP)

SC dismisses CBI appeal to reopen Bofors case over delay of 4,500 days

A bench headed by CJI Ranjan Gogoi said it was not convinced with the grounds of the CBI on the delay in filing appeal.

2 Nov 2018 1:08 PM IST

Congress President Rahul Gandhi labelled the Rafale deal as an open and shut case. (Photo: ANI/Twitter)

'PM Modi won't survive Rafale deal inquiry,' says Rahul in fresh...

Rahul Gandhi alleged that Dassault Aviation paid Rs 284 crore to Reliance Defence as the first tranche of 'kickbacks'.

2 Nov 2018 12:58 PM IST

The king had gifted around 40 gold coins to the temple authorities to daily light a lamp in front of the presiding deity. (Representational Images)

Gold futures decline Rs 145 on profit-booking, global cues

Gold is trading at Rs 32,000 per ten grams on Friday amid a weak trend overseas.

2 Nov 2018 12:30 PM IST

Four new judges sworn in by CJI Ranjan Gogoi, top court strength now...

Justices Hemant Gupta, R Subhash Reddy, MR Shah and Ajay Rastogi were sworn in as judges of the Supreme Court on Friday.

2 Nov 2018 11:34 AM IST