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The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

Reserve Bank to pay Rs 50,000 crore dividend to govt for FY18

The RBI made a dividend payout of Rs 30,659 crore for the financial year ended June 2017.

9 Aug 2018 8:50 AM IST

The Congress has accused the Modi government of causing insurmountable loss of taxpayers money by signing the Rafale deal worth Rs 58,000 crores.

Bofors scam insignificant' before Rafale, says Shourie, Yashwant Sinha

Reliance responded that no contract has been given to them by Ministry of Defence related to purchase of 36 Rafale...

9 Aug 2018 8:31 AM IST

The government on Monday said it has received representations from trade bodies alleging irregularities in various aspects of the proposed acquisition of Flipkart by Walmart and that have been sent to concerned agencies for necessary action.

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

9 Aug 2018 8:29 AM IST

If the Reserve Bank of India has been caught napping in the Punjab National Bank episode, one reason could be that the RBI does not have a full-time deputy governor to supervise banks.

IMF suggests RBI to tighten policy further

Despite rise in crude prices, macro outlook.

9 Aug 2018 12:37 AM IST

Don't play smart or will render you homeless': SC raps Amrapali group

The real estate major is accused of delaying its projects to the detriment of homebuyers' interest.

8 Aug 2018 8:17 PM IST

Terming the murmurs around Constantine as hearsay circulating in the social media, the top All India Football Federation (AIFF) office-bearer said they dont see a plausible reason to part ways with the coach till the end of the continental showpiece, when his contract expires. (Photo: PTI)

Stephen Constantine to stay India football team coach until 2019 Asian...

Constantine took the Blue Tigers to the top 100 of the FIFA rankings, the first time in more than 20 years.

8 Aug 2018 7:00 PM IST

NITI Aayog, along with Nasscom and telecom operators, will also be launching a helpline for all digital payments-related queries soon. (Photo: Representational Image)

Digital payment transactions rose to over 2,070 cr in 2017-18:...

Digital Payment transaction targets have been allocated to public and private sector banks for 2018-19.

8 Aug 2018 6:46 PM IST

IndiGo announces 24 new flights from September

The announcement was made even as the airline has grounded six of its A320 neo aircraft since July due to Pratt &...

8 Aug 2018 6:18 PM IST

Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp. (Photo: AFP/File)

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

The government is considering a proposal of the parliamentary panel on information technology to call postman as postperson for the sake of gender neutrality. (Photo courtesy: ippbonline)

Proposal under consideration to call 'postman' as 'postperson'

The committee agreed that word 'dakia' is gender neutral but said it is a Hindi vocabulary.

8 Aug 2018 5:57 PM IST

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

India's per capita income in last 4 years rises to nearly Rs 80,000 cr

Minister of State for Statistics Vijay Goel said in a written reply to Lok Sabha.

8 Aug 2018 5:05 PM IST

In its response to a Right to Information Act application, the Ordnance Factory Board cited sections 8(1)(a) which exempts from disclosure information related to security and strategic matters and section 8(1)(d) which exempts information related to commercial confidence.

NRIs cannot file RTI applications, says govt

Subject to the provisions of the Act, the citizens of India can file online application under the Right to Information...

8 Aug 2018 4:32 PM IST