Indian Business
RBI is accountable, government runs country: Shaktikanta Das

Declaring that he would uphold the autonomy, integrity and credibility of the RBI, newlyappointed Governor Shaktikanta Das said on Wednesday that the government is resposible for running the country and the central bank is also accountable

12 Dec 2018, 05:43 PM IST

More From Indian Business

New governor will diminish RBI, play to government's tunes: Congress

Attacking the government for appointing Shaktikanta Das as RBI Governor, the Congress on Wednesday alleged that he would play to the tunes of the government and that choosing a bur
12 Dec 2018, 01:18 PM IST

LTI appoints Nachiket Deshpande as COO

Larsen Toubro Infotech LTI, IT services arm of engineering and construction conglomerate Larsen Toubro LT Ltd, on Wednesday said it has appointed Nachiket Deshpande as its Chief
12 Dec 2018, 12:49 PM IST

New RBI Governor takes charge

Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of India
12 Dec 2018, 12:35 PM IST

New RBI Governor Shaktikanta Das: A journey from North Block to Mint Street

Considered an efficient implementer and a team player, Shaktikanta Das may be the right man in the Reserve Bank of India RBI that has seen a governor quit for the first time in alm
12 Dec 2018, 11:10 AM IST

Rupee falls 32 paise against US dollar in early trade

The Indian rupee on Wednesday plunged 32 paise to 7217 per US dollar in early trade on the forex market after the appointment of former bureaucrat Shaktikanta Das as the new govern
12 Dec 2018, 11:01 AM IST

Sensex jumps over 300 points after appointment of new RBI Governor

Rising for the second straight session, the equity benchmark BSE Sensex on Wednesday advanced over 300 points in early trade after former bureaucrat Shaktikanta Das was named as th
12 Dec 2018, 10:43 AM IST

Government likely to make announcement on RBI soon: Finance Secretary

The government is likely to make an announcement regarding Urjit Patels successor as Reserve Bank of Indias Governor later in the day, Finance Secretary A N Jha said
11 Dec 2018, 04:04 PM IST

RBI's institutional capabilities very strong, will do whatever required for economy: Rajiv Kumar

Kumar further said although Patel has done an amazing work in the last two years as RBI Governor, the functioning of the central bank is not dependent on any particular individual,
11 Dec 2018, 03:33 PM IST

India to wait and watch impact of oil producers' output cut: Pradhan

India on Tuesday announced a waitandwatch position on the the Organization of the Petroleum Exporting Countries OPEC and nonOPEC producers decision last week to lower their product
11 Dec 2018, 03:13 PM IST

Wipro takes over Australia's Syfte design consulting team

IT firm Wipro Tuesday said it has taken over the strategic design consulting team at Syfte, an Australian a,gency that uses design thinking to solve client challenges
11 Dec 2018, 02:36 PM IST

RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security norms

The RBI has imposed, by an order dated November 30, 2018, a monetary penalty of Rs 10 million on Indian Bank for contravention of Circular on Cyber Security Framework in banks
11 Dec 2018, 02:14 PM IST

Sensex down 290 points; rupee slips to 72

The key equity indices SP BSE Sensex and NSE Nifty50 remained subdued during Tuesdays morning trade session as the Congress party started to take the lead in the Assembly electio
11 Dec 2018, 12:05 PM IST

Apple appeals against broad iPhone sales ban in China

Apple has appealed against a Chinese court ruling that banned the sale and import of most iPhone models after granting Qualcomm an injunction against Apple, a stunning decision tha
11 Dec 2018, 11:05 AM IST

Sensex drops 500 points, Nifty below 10,400 mark

The SP BSE Sensex slid around 500 points on Tuesday morning after the Congress party started to take the lead in the Assembly elections in three key states of Rajasthan, Madhya Pra
11 Dec 2018, 09:49 AM IST

Sensex nosedives over 700 points, Nifty ends below 10,500 mark

The Indian equity market slumped around two per cent on Monday, with the SP BSE Sensex shedding over 700 points, tracking a similar selloff globally along with uncertainties over t
10 Dec 2018, 06:26 PM IST

SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman

SWIFT India Monday said it has appointed exSBI chief Arundhati Bhattacharya as the new chairman of its board
10 Dec 2018, 04:21 PM IST

Govt contribution to NPS raised to 14 pc, withdrawal made tax free: Jaitley

Finance Minister Arun Jaitley on Monday said the Centre has decided to increase its contribution to the NPS for the central government employees to 14 per cent and also made the en
10 Dec 2018, 04:15 PM IST

Direct tax collections surge 15.7 pc to Rs 6.75 lakh cr in Apr-Nov

Gross direct tax collections surged 157 per cent to Rs 675 lakh crore for AprilNovember, the finance ministry said on Monday
10 Dec 2018, 02:13 PM IST

Promoter stake dilution: Kotak Mahindra Bank moves Bombay HC against RBI's decision

Kotak Mahindra Bank on Monday said it has moved the Bombay High Court against RBIs decision with respect to the bank reducing promoter holding using preference shares
10 Dec 2018, 02:10 PM IST

Rupee falls 59 paise against dollar in early trade

The rupee depreciated 59 paise to 7140 against the US dollar in early trade on Monday, December 9, 2018 at the interbank foreign exchange amid the strengthening US dollar against s
10 Dec 2018, 11:25 AM IST

Sensex cracks over 550 points; Nifty drops below 10,600

The benchmark BSE Sensex cracked over 550 points on Monday as investors turned jittery over exit poll results ahead of outcome of state elections, weakening rupee and crude oil pri
10 Dec 2018, 11:01 AM IST

Back series GDP data: Former CEA Arvind Subramanian calls for review by experts to clear doubts

As an economist, I think there are some puzzles new back series GDP data, there are some issues that need to be explained, Mr Subramanian said
09 Dec 2018, 01:08 PM IST

Fed policymakers signal turning point on U.S. rate-hike path

The US central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the near term but nodded to increasingl
08 Dec 2018, 01:29 PM IST

31st GST Council to meet on Dec 22 in Delhi

The 31st Goods and Services Tax GST Council meeting will be held on December 22 in the national capital
08 Dec 2018, 12:49 PM IST

Gold prices dip on sluggish buying by jewellers

Gold prices on Friday slipped by Rs 20 to close at Rs 32,100 per 10 gram in the bullion market here due to subdued buying by local jewellers
07 Dec 2018, 04:36 PM IST

Keep more capital buffer for your own interest: RBI ED to banks

Reserve Bank executive director Sudarshan Sen has exhorted banks to maintain higher capital levels than the regulatory mandate to see through business cycles and crises, warning t
07 Dec 2018, 03:49 PM IST

NCLT directs Era Infra RP to admit ICICI Bank as financial creditor

The National Company Law Tribunal NCLT on Thursday directed the resolution professional of Era Infrastructure India to admit ICICI Bank as a financial creditor under the insolvency
07 Dec 2018, 03:37 PM IST

Mutual funds' asset base rises 8 pc to Rs 24 lakh crore till Nov-end

Mutual funds asset base rose to a little over Rs 24 lakh crore by Novemberend, an increase of 8 per cent from the preceding month, on strong inflow in liquid schemes
07 Dec 2018, 03:30 PM IST

Market rebounds on easing crude, firming rupee; HCL Tech cracks 6%

The BSE benchmark Sensex rebounded over 200 points to 35,54049 on Friday on fall in global crude oil prices and strengthening rupee against the US dollar
07 Dec 2018, 01:34 PM IST

Equity indices open in green, Sensex up 150 points

The Indian equity indices opened on a positive note on Friday tracking broadly positive Asian markets
07 Dec 2018, 09:59 AM IST

India to import Iranian oil using rupee payment mechanism: source

India will import crude oil from Iran using a rupeebased payment mechanism, an industry source involved in discussions told Reuters on Thursday, adding that 50 percent of those pa
06 Dec 2018, 06:21 PM IST

Polash Ventures expands its base in Mumbai and Bangaluru

Polash Ventures, The Marketing solutions provider is expanding its base in metro cities of Mumbai and Bangaluru by the end of December 2018
06 Dec 2018, 04:41 PM IST

Sensex tanks 572 points on global equity meltdown

Benchmark equity indices cracked for the third consecutive session on Thursday on negative global cues, weak rupee and sustained selling by foreign as well as domestic institutiona
06 Dec 2018, 04:29 PM IST

Sensex cracks over 300 points, Nifty drops below 10,700

The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade Thursday on the heavy selloff in metal and oil stocks ahead of the Opec meeting
06 Dec 2018, 11:55 AM IST

Travel Book Online Plans expects to reach 2 million USD in revenues in the current financial year

The leading destination management company DMC, Travel Book Online is looking to expanding its base in India with new offices in New Delhi, Kolkata, Ahmedabad, and Mumbai after its
05 Dec 2018, 05:44 PM IST

This Winter Turn On the heat with spicy Peri-Peri by PIPO popcorn

Snack lovers have a new staple to binge on FMCG major, Modi Naturals, strengthened their product line in the readytocook food segment with an extensive variety of flavours for its
05 Dec 2018, 04:45 PM IST