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

IDBI Bank raises MCLR by 5-10 bps

For three and six months of tenor, the new MCLR will be 8.45 per cent and 8.60 per cent.

15 Aug 2018 9:30 AM IST

Indians today across the globe are feeling proud as the country has become the sixth largest economy in the world, Prime Minister Narendra Modi said. (Photo: Twitter | @BJP4India)

India to be engine of world growth for 3 decades: PM Modi

GST, bankruptcy and insolvency law and benami property law that helped transform the economy.

15 Aug 2018 8:58 AM IST

Saudi Arabia pips Iraq to bag top oil supplier tag

Saudi Arabia pips Iraq to bag top oil supplier tag

The US in May quit the 2015 nuclear deal and announced reimposition of sanctions on Tehran.

15 Aug 2018 5:20 AM IST

Parents feel that the quality of education in these schools are much better as the teachers recruited in such schools are qualified or belong to renowned NGOs.

Overseas-bound students, travellers feel the pinch

Plus, after an expensive education, the scarcity in jobs is another burden, as repayment of loans becomes burdensome.

15 Aug 2018 5:05 AM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Exporters cheer dip in rupee

The dip should help traditional goods of India where the import competent is less except gems and jewellery segment.

15 Aug 2018 4:56 AM IST

According to it, capital flows to emerging markets (EM) could slow down as European banks retrench lending to EMs amidst heightened risk.

Weaker rupee to hit economic recovery

Likely to drain out liquidity; force RBI to keep interest rates elevated.

15 Aug 2018 4:48 AM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Rupee breaches 70-mark against dollar, recovers

'Fall expected to boost exports'

15 Aug 2018 2:11 AM IST

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.

MTNL's losses mount to Rs 943 crore during June quarter

MTNL scrip closed at Rs 15.45 a share on BSE, about 0.64 per cent lower than the previous closing.

14 Aug 2018 7:25 PM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Exports up 14.32 per cent in July to USD 25.77 billion

Outward shipments of petroleum products surged from USD 3 billion in July last year to USD 3.9 billion.

14 Aug 2018 6:43 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank hikes fixed deposit interest rates

ICICI Bank offers best FD rate of 7.75 per cent on term deposits for a tenure of 2 years 1 day to 5 years.

14 Aug 2018 5:53 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Markets rebound on macro boost, global cues

Sensex, after opening on a strong note, continued its upward march to hit a high of 37,932.40 on value-buying in recent...

14 Aug 2018 4:20 PM IST

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

IDBI Bank Q1 loss widens to Rs 2,410 crore

IDBI Bank posted a loss of Rs 853 crore in the April-June quarter of last fiscal, 2017-18.

14 Aug 2018 4:12 PM IST