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India pays its third largest oil supplier in euros using European banking channels and imports.Business
Oil prices slip on concerns over slowing economic growth

Brent crude futures, which act as a benchmark for international oil prices, were at $71.60 per barrel.

20 Aug 2018 11:24 AM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.Business
Disinvestment plan to pick pace, 3 rail IPOs to hit market soon

Govt now wants to pack the time between now and Diwali to give a leg-up to its disinvestment programme.

20 Aug 2018 10:57 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.Business
DoT forcibly taking over BSNL buildings, land, say employees

The DoT under a Presidential directive is taking away all the lands and buildings for housing its own offices.

20 Aug 2018 10:49 AM IST

Department of Economic Affairs said the government is taking all steps to ensure that ATMs are supplied with cash as well as the ones which are non-functional are normalised at the earliest. (Photo: ANI | Twitter)Business
No ATM to be replenished with cash after 9 pm from next year

The deadline for putting money in the ATMs located in Naxal-hit areas is 4 pm.

20 Aug 2018 10:27 AM 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)Business
Rupee recovers 38 paise against US dollar in early trade

Rupee is trading at 69.77 against the US dollar in early trade at the Interbank Foreign Exchange market.

20 Aug 2018 10:17 AM IST

Bombay Stock ExchangeBusiness
Sensex hits record high, Nifty breaches 11,500 mark

The Sensex advanced by 263.06 points, or 0.69 per cent, to hit a new high of 38,210.94.

20 Aug 2018 10:12 AM IST

The markets would have to contend with any contagion effect of the troubles in the Turkish economy and weakness in global economy on escalation of global trade issues.Business
Global cues, macros to dictate markets direction

The equity valuations at the moment are on the higher side as the markets have priced in a strong growth in corporate...

20 Aug 2018 12:53 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)Business
Macro instability due to UPA policies, says Jaitley

Mr Jaitley also said that 2003-04 witnessed the boom period for the global economy which continued till 2008 when the...

20 Aug 2018 12:50 AM IST

The flood situation in all 14 districts of Kerala, particularly in Pathanamthitta, remained grim on Thursday. At least 75 people have been killed so far. (Photo: PTI)Business
India Inc extends aid to inundated Kerala

CII has set up a task force chaired by its former president Kris Gopalakrishnan to work on relief measures.

19 Aug 2018 6:51 PM IST

Oil and Natural Gas CorporationBusiness
ONGC repays a third of loan taken to buy HPCL

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.

19 Aug 2018 3:58 PM IST

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta to invest USD 2.3 billion in 'near term' on oil and gas

Vedanta aims to increase production from the current 2,00,000 barrels of oil equivalent per day to 3,00,000 bpd.

19 Aug 2018 3:34 PM IST

Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.Business
DoT blacklists bank guarantees issued by Standard Chartered Bank

Standard Chartered Bank has failed to invoke a BG issued by them on behalf of Aircel Group of companies.

19 Aug 2018 1:57 PM IST

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