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The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.Business
Air India to raise Rs 500 crore via short-term borrowings

The tenure of the loan will be for one year (renewable) from the date of availing the STL.

7 Sept 2018 7:29 PM IST

A farmhand, K. Subbaiah has been doing rounds of the offices of district authorities and ruling party leaders to replace burnt currency notes worth Rs 4.85 lakh.Business
Reserve Bank of India tweak norms for exchange of defective currency

Public can exchange banks mutilated or defective notes at RBI offices and designated bank branches across the country.

7 Sept 2018 6:35 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Current account deficit eases marginally to 2.4 pc of GDP in Q1...

In value terms, the CAD was higher at USD 15.8 billion in April-June this year.

7 Sept 2018 6:15 PM IST

The Sensex touched the days low of 24,187.54 following widespread losses in blue-chip stocks as selling activity accelerated.Business
Sensex builds on gains for 2nd day as rupee recovers; auto leads rally

The 50-share Nifty went past the 11,600-mark to hit a high of 11,603 before finally ending 52.20 points.

7 Sept 2018 4:03 PM IST

Ministry official said the deal is half done at this stage and needs closure since the financial condition of IDBI Bank is too weak.Business
IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent

The insurance regulator in June had permitted LIC to increase its stake to 51 per cent in IDBI Bank.

7 Sept 2018 3:58 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI defends 72 rupee per dollar mark strongly: dealers

After briefly slipping to 72.04 to the dollar in early trade, the Indian rupee stayed above the 72 mark for most of the...

7 Sept 2018 1:55 PM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)Business
Rupee firms up by 24 paise against US dollar in morning deals

Rupee is trading at 71.75 against US currency due to sustained bouts of dollar selling from banks and exporters.

7 Sept 2018 11:53 AM IST

Indian equity markets found their winning ways on Thursday as the Sensex rose over 265 points and the Nifty reclaimed the key 8,500-level.Business
Sensex, Nifty retract in early trade in line with Asian markets

The BSE 30-share barometer dropped by 165.72 points, or 0.43 per cent, to 38,077.09 in opening trade.

7 Sept 2018 9:59 AM IST

Rupee has seen robust trading sessions over past few days. (Photo: PTI)Business
Rupee edges higher by 4 paise against USD in early trade

The dollar trend overseas supported the rupee but losses in domestic equities kept investors mood dampened.

7 Sept 2018 9:54 AM IST

Petrol price has increased by 31 paise since Monday and diesel by Rs 2.39 since last month.Business
Fuel prices continue to rise, petrol costs Rs 87.39 per litre in...

The price of petrol has been increased by 48 paise per litre, while diesel saw a hike of 52 paise per litre

7 Sept 2018 9:48 AM IST

The order came days after Jio announced that it has clocked 72 million paid users and is extending its one-time Rs 99 payment membership programme Prime for 15 more days till April 15.Business
Jio completes 2 yrs, aims to take India to 'top 5' in broadband...

Jio has triggered a digital revolution and put the power of data within the reach of every Indian.

6 Sept 2018 7:50 PM IST

Railway Minister Suresh Prabhu speaks in the Lok Sabha in New Delhi on Wednesday. (PTI Photo / TV Grab)Business
India, US must boost bilateral trade to USD 500-600 bn: Prabhu

Prabhu said that we can resolve some issues through talks.

6 Sept 2018 7:32 PM IST

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