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ATF accounts for a substantial chunk of the operational expenses incurred by airlines.(Representational Image)

Indian airline losses could reach USD 1.9 billion this year: CAPA...

The loss forecast for the 12 months ending March 31 is up from an estimated $430 million to $460 million.

4 Sept 2018 9:26 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI staff's 2-day mass leave deferred

The forum had threatened that if the issue lingers then they would resort to flash strike for two days.

4 Sept 2018 9:25 AM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Rajan's policies slowed down economy, not note ban: Niti

The GDP growth rate for April-June quarter of 2018-19 has been recorded at 8.2 per cent.

4 Sept 2018 5:05 AM IST

Renuka Velamati and Seliha Muvva

Education woes get a digital solution

Founded in November 2016, the company has expanded its services to recruitment too.

4 Sept 2018 12:59 AM IST

When stock markets peak as they have in recent months, many first-time investors get drawn to them. They had stayed away so far. But recent returns have whetted their appetite.

Markets slump on manufacturing nos

The markets witnessed heavy profit booking despite India's GDP growth accelerating to 8.2 per cent during the April ...

4 Sept 2018 12:35 AM IST

Ikea, famous for its self-assembly products, faces a tough challenge in India where people are not used to having to put together assemble furniture themselves, analysts say. (Photo: AFP)

IKEA apologises after customer reports caterpillar in his food

During the inspection, it was determined that the store was not complying with waste segregation norms.

3 Sept 2018 9:31 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea raises Rs 1,500 crore via debt

The NCDs have maturity period of 5 years and have been offered at interest rate of 10.9 per cent per annum.

3 Sept 2018 9:24 PM IST

The iconic Air India building on Queens necklace in Mumbai may be consumed by the survival woes of the national carrier.

Employees Union seeks rethink on Air India's Nariman Point building...

It has suggested that secured loans should be availed against the building.

3 Sept 2018 9:19 PM IST

Urjit Patel, governor, RBI

Urjit Patel completes two years as RBI Governor

Patel has been steadfast in maintaining the central bank's independence and in handling the bad loan cases.

3 Sept 2018 9:05 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance Industries donates Rs 1.1 crore to Tirumala temple

It also requested that the money be used for the temple-run Sri Venkateswara Praanadaana Trust here.

3 Sept 2018 8:08 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee plunges to yet another record low of 71.10 against US dollar

The rupee's previous record low was 71, marked on August 31.

3 Sept 2018 5:08 PM IST

Reliance Infrastructure Ltd (RInfra) on Monday said it has won a Rs 1,081 crore contract from Nuclear Power Corporation of India Ltd.

RInfra pays Rs 2,640 cr outstanding electricity dues to Maharashtra...

This was the largest ever debt reduction for any company in the Indian power sector.

3 Sept 2018 4:58 PM IST