LATEST FROM Business

Niti Aayog bats for setting up independent debt management office

Niti Aayog bats for setting up independent debt management office

Niti Aayog Vice Chairman Rajiv Kumar on Friday made a strong case for setting up an independent debt management office, and also pitched for
22 Feb 2019, 02:01 PM IST
Alibaba CEO rules out layoffs this year

Alibaba CEO rules out layoffs this year

Alibaba Group Holding Ltd expects to avoid layoffs this year despite Chinas economic slowdown, CEO Daniel Zhang said on Friday
22 Feb 2019, 11:28 AM IST
Oil prices fall as US crude output hits record 12 million bpd

Oil prices fall as US crude output hits record 12 million bpd

Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day bpd, undermining efforts
22 Feb 2019, 10:24 AM IST
We should all work concertedly towards early conclusion of talks: Prabhu to RCEP

We should all work concertedly towards early conclusion of talks: Prabhu to RCEP

India on Thursday called upon all the members of RCEP, a proposed mega trade deal, to work concertedly towards early conclusion of the agree
22 Feb 2019, 10:10 AM IST
Shaktikanta Das asks bankers why they aren't cutting lending rates

Shaktikanta Das asks bankers why they aren't cutting lending rates

Reserve Bank governor Shaktikanta Das on Thursday met bankers and discussed the delay in policy rates cuts to lending rates reductions
22 Feb 2019, 10:08 AM IST

MORE FROM Business

E-commerce market, rising data consumption opportunities to expand in India: Seagate

Global data storage devices maker Seagate sees the booming ecommerce market as well as mobile phone driven data consumption as opportunities to sell more products in India
21 Feb 2019, 11:05 AM IST

State-run banks jump after government announces fund infusion

Shares of Indias staterun banks jumped on Thursday, a day after the government said it will inject 48239 billion rupees USD 679 billion into some lenders as part of its recapitalis
21 Feb 2019, 10:30 AM IST

Debt-laden Jet Airways edges closer to safety

Indias Jet Airways Ltd, after several attempts at finding help to save the carrier from a crippling pile of debt, last week approved a rescue deal which will make its lenders its l
21 Feb 2019, 10:28 AM IST

Finance Ministry expects NPA recovery of Rs 1.80 lakh crore in FY19

With two major cases at the final stage of resolution, the Finance Ministry expects bad loan recoveries to touch Rs 180 lakh crore during the current fiscal
21 Feb 2019, 10:21 AM IST

Sensex, Nifty start on a positive note; bank stocks jump

Benchmark indices started on a positive note on Thursday tracking gains on banking counters, after the government announced infusion Rs 48,239 crore in 12 public sector banks, buyi
21 Feb 2019, 10:20 AM IST

Rupee rises 9 paise to 71.02 vs US dollar

The rupee darted up 9 paise to 71 02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened
21 Feb 2019, 10:16 AM IST

Talent shortage key challenge for IT sector

Software industry lobby The National Association of Software and Services Companies Nasscom on Wednesday said 17 lakh new jobs were created in FY19 by the industry, while 6 lakh em
21 Feb 2019, 03:30 AM IST

ED raids multiple locations; files PMLA case

The Enforcement Directorate ED on Wednesday conducted raids on at least six locations in Mumbai and DelhiNCR region in connection with the multicrore ILFS payment default crisis, o
21 Feb 2019, 03:24 AM IST

Dr Reddy’s wins ‘copycat’ version of Suboxone case

Decks have been cleared for Dr Reddys Laboratories to launch the copycat version of Suboxone, a sublingual film, as the US Supreme Court has turned down UK pharma firm Indiviors p
21 Feb 2019, 03:20 AM IST

Centre to pump `48,239-cr in 12 PSBs

The Finance Ministry on Wednesday announced that it would pump in Rs 48,239 crore in 12 public sector banks PSBs in this fiscal to help them maintain regulatory capital requiremen
21 Feb 2019, 03:13 AM IST

Government announces Rs 48,239 cr recapitalisation plan for 12 PSBs

The finance ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance g
20 Feb 2019, 05:39 PM IST

Sensex snaps 9-day losing run, rebounds over 400 points

Breaking its nineday losing streak, the BSE Sensex zoomed 404 points Wednesday while the NSE Nifty reclaimed the 10,700 mark, propelled by gains in metal, IT and banking stocks ami
20 Feb 2019, 05:06 PM IST

India plans to buy 21 MiG-29 jet fighters from Russia: report

India plans to buy 21 MiG29 jet fighters and possibly more from Russia, the RIA news agency cited the deputy director of Russias federal service for militarytechnical cooperation a
20 Feb 2019, 03:28 PM IST

GST Council defers decision on tax on real estate; extends deadline till Feb 22

The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline for businesses to file sales returns for January till Friday
20 Feb 2019, 02:51 PM IST

DPIIT begins work on ranking states/UTs on startup initiatives

The commerce and industry ministry on Wednesday said it has started the exercise for ranking states and union territories for 2019 based on initiatives taken for startups
20 Feb 2019, 02:46 PM IST

Saudi Aramco in talks with Reliance for joint investment in petchem, refinery projcts

Saudi Aramco, the worlds largest oil exporter, on Wednesday said it is in talks with Reliance Industries and other Indian companies for investing in petrochemicals and refinery pro
20 Feb 2019, 02:43 PM IST

FDI during Apr-Dec 2018-19 falls 7 per cent to USD 33.49 billion

Foreign direct investment FDI into India contracted by 7 per cent to USD 3349 billion during AprilDecember in the current fiscal, according to commerce and industry ministry data
20 Feb 2019, 02:18 PM IST

Qualcomm urges US regulators to reverse course and ban some iPhones

Qualcomm Inc is urging US trade regulators to reverse a judges ruling and ban the import of some Apple Inc iPhones in a longrunning patent fight between the two companies
20 Feb 2019, 11:22 AM IST

Sensex jumps over 250 pts; metal stocks rally

The BSE benchmark Sensex rallied over 250 points in early trade Wednesday as metal, banking and realty stocks soared amid sustained buying by domestic institutional investors
20 Feb 2019, 10:01 AM IST

Rupee rises 3 paise to 71.31 vs USD

The rupee inched up 3 paise to 7131 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices
20 Feb 2019, 09:56 AM IST