Category: Business

Banking stocks lead indices to gains, weak rupee dents sentiment

Mumbai: The Indian equity indices experienced a highly volatile session on Wednesday, but managed to make gains, as apprehensions over…

Autonomy for RBI vital: Government

New Delhi: Amid a public spat between the RBI and the government, the Finance Ministry said on Wednesday that the…

Centre desperate, hiding facts on economy: Chidambaram

New Delhi: Former Finance Minister P. Chidambaram expressed concern on Wednesday on reports that the government had invoked a hitherto…

USISPF members hail PM Modi-led government’s economic reforms

New Delhi: Board members of United States India Strategic Partnership Forum (USISPF), comprising senior US industry and business captains, on…

SBI reduces daily cash withdrawal limit

New Delhi: The State Bank of India (SBI) has reduced the per day cash withdrawal limit for all Classic and…

Jaitley reviews liquidity crisis in NBFCs

Finance Minister Arun Jaitley on Tuesday chaired the 19th Financial Stability and Development Council (FSDC) meeting in New Delhi, where…

Markets open on high note

Mumbai: The 30-scrip Sensitive Index (Sensex) of the BSE opened on a positive note on Wednesday during the morning trade…

Tata Motors rolls out its first SUV ‘Harrier’

Mumbai: Automobile major Tata Motors on Tuesday announced the roll-out of its first SUV "Harrier" from its all-new manufacturing line.…

UAE sets up special unit to lure foreign investors

Abu Dhabi: The United Arab Emirates announced Tuesday the establishment of a special unit at the economy ministry to help…

Court rejects Mallya plea against ED proceedings for FEO tagĀ 

Mumbai: A special court Tuesday rejected businessman Vijay Mallya's plea seeking a stay on the proceedings initiated by the Enforcement…

SpiceJet operates India’s first TaxiBot at IGIA

New Delhi: Budget passenger carrier SpiceJet on Monday operated India's first TaxiBot -- a pilot-controlled semi-robotic towing tractor -- at…

Delhi airport to soon invest Rs 9,000 cr: Naidu

New Delhi: Vice President M. Venkaiah Naidu on Tuesday called for greater investment to improve the country's infrastructure and said…

India en route to become 3rd richest country globally: Mukesh Ambani

New Delhi: Reliance Industries Limited (RIL) chairman Mukesh Ambani on Tuesday said that India is on its way to become…

UIDAI to set up 114 Aadhaar Seva Kendras across India

New Delhi: To provide hassle-free Aadhaar enrolment services, the Unique Identification Authority of India (UIDAI) on Tuesday said that it…

Confident VW leaves rivals in the dust despite diesel woes

Germany: German car giant Volkswagen defied global headwinds for the industry to report soaring third-quarter profits Tuesday, emerging at least…

Former Audi boss released as diesel probe continues

Germany: A German court released Tuesday former Audi chief executive Rupert Stadler after months in custody but he remains under…

Key equity indices down, Nifty holds on to 10,200

Mumbai: Amid broadly negative trend, the key Indian equity indices traded in the red during the afternoon session of trade…

Weak rupee, caution over Q2 results dent indices; banking stocks plunge

Mumbai: A weak rupee, along with outflow of foreign funds and caution over upcoming quarterly results, pulled the key Indian…

No liquidity crunch in NBFCs, inflation under control: RBI

New Delhi: The Reserve Bank of India (RBI) on Tuesday said there was no liquidity crisis in the non-banking financial…

RBI looked the other way when banks lent freely, ran up NPAs: Jaitley

New Delhi: Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying…