United Bank of India increases MCLR by 5 basis points
New Delhi: Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent acr...
Retail inflation fell to 10-month low of 3.69 per cent in August
Retail inflation fell to a 10-month low of 3.69 per cent in August on the back of easing prices of fruits, vegetables and other food items. It stood b...
Indian rupee inches closer to 73, hits 72.91/$
Mumbai: Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning.The rupee has been on a down slide owing to inf...
BSNL to get 4G spectrum next month: Official
MUMBAI: BSNL is set to receive 4G spectrum next month which will enable it to commercially roll out services from March, a senior official said Tuesda...
Sensex, Nifty back in green, all eyes on macro data
Mumbai: The BSE benchmark Sensex recovered by over 100 points and the NSE Nifty reclaimed the 11,300-mark in opening trade Wednesday following fresh p...
Bharat Petroleum to skip Iran oil purchases in October
NEW DELHI: India's state-run Bharat Petroleum Corp will skip purchase of Iranian oil in October due to turnaround at its plants, a source privy to the...
Sensex, Nifty turn choppy on mixed Asian cues
Mumbai: The BSE benchmark Sensex Tuesday rose 95 points, but soon turned choppy on weak global cues amid lingering global trade war concerns.The 30-sh...
Rupee recovers 15 paise against USD in early trade
Mumbai: The rupee Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and expo...
Google ready to comply with RBI norms for payment services: official
New Delhi: Internet major Google is learnt to have agreed to follow the RBI's local data storage norm for payment services but wants time until Decemb...
Rupee hits lifetime low of 72.18 against US dollar
Mumbai: The rupee on Monday slumped to a fresh record low of 72.18 by falling 45 paise against the US dollar on strong demand for the US currency from...
IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent
The Insurance Regulatory and Development Authority of India yesterday said it will set the timeline to reduce LIC's shareholding in IDBI Bank from 51 ...
Suzuki Motor Corp to start road test of electric-vehicles in India next month
Japanese auto major Suzuki Motor Corporation plans to start road tests of its electric vehicles (EVs) in India next month as a precursor to launch of ...
Rupee edges higher by 4 paise against US dollar
Mumbai: The rupee Friday opened on a positive note and was trading marginally higher by 4 paise at 71.95 to the US dollar.A slight weakness was seen i...
Monetary limit for filing cases in DRT doubled to Rs.20 lakh
The government yesterday doubled the monetary limit to 20 lakh rupees for filing loan recovery application in the Debt Recovery Tribunals (DRT) by ban...
Rupee breaches 72 a dollar mark for first time
Mumbai: The Indian rupee on Thursday touched a new milestone, falling to 72 against the dollar amid concern that US President Donald Trump could order...
Petrol price reaches Rs.86.91/litre in Mumbai
NEW DELHI: Fuel prices once again witnessed a hike on Thursday, with petrol being sold at Rs.79.51 per litre and diesel at Rs.71.55 per litre here in ...
Sensex opens in green on value-buying, up over 150 points
Mumbai: The BSE Sensex rebounded over 150 points in opening trade Thursday on value-buying in select bluechip stocks, recovery in rupee and fall in gl...
Rupee recovers 9 paise against US dollar
Mumbai: The rupee Thursday recovered from its all-time low by rising 9 paise to 71.66 against the US dollar in early trade at the Interbank Foreign Ex...
Arun Jaitley attributes fall in rupee to global factors
Finance Minister Arun Jaitley has attributed the fall in rupee to global factors and said there is no need for panic or knee-jerk reactions.&nbs...
Rupee hits fresh all-time low of 71.79 against US dollar
Mumbai: The rupee pared initial gains to drop to a fresh all-time low of 71.79 against the US currency, falling 21 paise in late morning deals on Wedn...
GST annual return forms for FY18 notified
Finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and input tax cred...
Sensex, Nifty turn choppy on weak global cues
Mumbai: Benchmark indices kicked off on a tepid note Wednesday as stocks opened mildly positive on fresh buying by foreign investors and recovery in r...
Fuel prices shoots to record high
Mumbai: Citizens are yet to receive any respite from rising fuel prices, as the rates of petrol and diesel have risen for the tenth consecutive day.In...
GST on overseas air tickets violates international norms: IATA chief
NEW DELHI: Levying GST on overseas air tickets violates international norms and also weakens the competitiveness of carriers, IATA chief Alexandre de ...
Rupee drops 16 paise against US dollar
Mumbai: The rupee Tuesday slumped 16 paise against the dollar to trade at a life-time low of 71.37 on strong demand for the US currency.At the Interba...
GST collection for August stands at around Rs.94,000 cr
The total GST collection for August this year stood at around 94 thousand crore rupees which is slightly lower than the GST collected in July. In...
LIC board to meet tomorrow to decide IDBI Bank stake hike plan
NEW DELHI: The LIC board will meet Tuesday to decide on the modalities for increasing stake in debt-ridden IDBI Bank to 51 per cent, a move that will ...
Rupee recovers from record low, up 23 paise against US dollar
Mumbai: The rupee recovered from all-time low of 71 and strengthened by 23 paise to 70.77 against the US dollar in early trade at the interbank foreig...
Sensex, Nifty rally on robust GDP data, rupee recovery
Mumbai: The BSE Sensex rallied nearly 300 points in early session Monday on fresh buying in IT, teck and capital goods counters following robust GDP g...
Coca-Cola buys British coffee chain Costa for $5.1 billion
Coca-Cola is hoping to give itself another caffeine-fueled boost.The company said today it will buy the Costa coffee brand from British firm Whitbread...
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