Home » Business

Business - Page 1012

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)

SBI says Rupee still overvalued, no need to panic

The rupee has been the worst among the large emerging market peers, losing over 10 per cent from the beginning of the...

31 Aug 2018 5:06 PM IST

Aadhaar is a 12-digit number, issued by the Unique Identification Authority of India (UIDAI), that acts as identification and address proof. (Photo: File)

UIDAI relaxes minimum Aadhaar enrolment targets, deadlines for banks

Deadline and targets had been relaxed after certain banks flagged difficulties faced by them in achieving the targets.

31 Aug 2018 4:41 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

RBI deputy governor Kanungo worried over rising debt levels of states

Kanungo said the time has come for each state to manage its own borrowings.

31 Aug 2018 4:20 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex extends losses as new F&O series opens subdued

The Sensex moved in the range of 38,838.45 and 38,562.21 before settling down by 45.03 points.

31 Aug 2018 4:19 PM IST

Steel Authority of India Ltd

SAIL declines dividend to government, says has no cash: report

Shares of the company, which has a market value of around $4.7 billion, were down more than 2 per cent.

31 Aug 2018 4:14 PM IST

Vajubhai Vala conducted first encounter of the Constitution today when he invited BJP to form government, Congress spokesperson Randeep Surjewala said. (Photo: ANI | Twitter)

Modi govt selling petrol, diesel cheaper abroad: Congress

Randeep Surjewala claimed the common man was suffering due to spiralling prices of such products.

31 Aug 2018 3:42 PM IST

The bullet train is Prime Minister Narendra Modis dream project. (Photo: File pic)

Ahmedabad-Mumbai bullet train to have rail track fracture detection...

The high-speed corridor is proposed to be commissioned by August 2022, carrying 17,900 passengers in one direction in a...

31 Aug 2018 3:35 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank approves issuance preference shares to LIC

The move will eventually lead to acquisition of 51 per cent shareholding by the insurance behemoth in the debt-ridden...

31 Aug 2018 3:25 PM IST

Xiaomi phones made in India will have PCBs that are locally assembled.

Xiaomi migrates local data to India cloud infrastructure

The data migration would cover all Indian user data across Xiaomi e-commerce platform.

31 Aug 2018 3:05 PM IST

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

RInfra bags Rs 1,907-crore contract for Nagpur-Mumbai e-way

The work is expected to be completed in 30 months from the appointed date.

31 Aug 2018 2:54 PM IST

Rural banking has been a great hurdle race ever since the government nationalised major commercial banks and mandated them to focus their thrust on villages.

Bank branches to function normally next week; no need for panic: Fin...

A rumour is circulating in several sections of social media that banks will be closed for 6 days in the first week of...

31 Aug 2018 2:39 PM IST

Prime Minister Narendra Modi. (Photo: PTI/File)

PM to launch India Post Payments Bank on September1

All the 1.55 lakh post offices in the country will be linked to the IPPB system by December 31, 2018.

31 Aug 2018 2:33 PM IST