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Uday Kotak (PTI file photo)

Kotak hardest hit by RBI plan to cap CEO tenures

The bank's shares were down as much as 5.2 per cent intra-day in Mumbai on Friday

13 Jun 2020 7:57 PM IST

Mahindra looks to give up control of Ssangyong

Mahindra, which owns a 75 per cent stake in SsangYong, rescued the sport-utility vehicle (SUV) maker from...

13 Jun 2020 7:38 PM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM gives relief to small taxpayers, halves interest on delayed filing...

No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman

12 Jun 2020 5:05 PM IST

JSW assured the deputy commissioner of Bellary district that all employees will be thoroughly screened before joining duty

Superspreader from Salem at JSW steel plant transmits virus to 90 in...

30 localities in steel town sealed off as virus spreads to dozens in just 4 days

12 Jun 2020 1:22 PM IST

Supreme Court on Friday directed that no coercive action should be taken till July last week against private companies. ( PTI Photo)

SC gives relief to employers, says no action against firms for not...

The bench asked the state governments to facilitate such settlement process and file its report with the labour...

12 Jun 2020 12:37 PM IST

An Indian ragpicker collects reusable material from a garbage dump. Coronavirus pandemic could plunge an extra 395 million people into extreme poverty. (AP Photo)

Economic fallout from COVID-19 could push more than billion into...

The outlook for the world's poorest looks grim unless governments do more and do it quickly, says a UNU report

12 Jun 2020 12:03 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee opens at 76-mark, slips 32 paise against US dollar

Forex traders said risk appetite has waned and there is growing concern about a resurgence of COVID-19 infections

12 Jun 2020 12:00 PM IST

A bystander watches the stock prices displayed on a digital screen at the facade of the Bombay Stock Exchange (BSE) building, in Mumbai. (PTI Photo)

Sensex drops 1,100 points, Nifty below 9,700; banks worst-hit

IndusInd Bank was the top laggard in the Sensex pack, tumbling around 6 per cent

12 Jun 2020 11:03 AM IST

Petrol price on Friday was hiked by 57 paise per litre and diesel by 59 paise a litre. (PTI Photo)

Petrol, diesel prices hiked by more than Rs 3 in six days

Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or...

12 Jun 2020 9:46 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI proposes stricter governance rules for commercial banks

RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices

12 Jun 2020 9:13 AM IST

German carrier Lufthansa said on Thursday it will slash 22,000 jobs. (ANI Photo)

Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 9:07 AM IST

MSME and transport minister Nitin Gadkari. (PTI Photo)

Need viable solution says Gadkari, as MSP for agri crops higher than...

Government provided Rs 6,000 crore subsidy to export 60 lakh tonnes of sugar as the country is surplus in the sweetener,...

11 Jun 2020 4:13 PM IST