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Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

Questions of propriety raised over LIC bailing out IL&FS

The IL&FS bailout would be one of the biggest for the insurer, as it would mean taking over a debt of Rs 65,000 crore.

14 Aug 2018 9:18 AM IST

India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran. (Photo: AIndia is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran. (Photo:AP)

Iran offers discount on oil and gas to Asia

Much will depend on the European Union, which has vowed to resist US sanctions on Iran.

14 Aug 2018 8:47 AM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

At 7.37 per cent, West Bengal tops retail inflation for July

In the food items, the inflation rate for fruits dropped to 6.98 per cent.

14 Aug 2018 8:36 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Airways denies stake sale, allays fears of debts

Jet Airways is reportedly suffering heavy losses and has been passing through a tough phase.

14 Aug 2018 8:31 AM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

Inflation hits nine-month low due to cheaper food

Retail inflation was at 4.92 per cent in June. Retail inflation is based on Consumer Price Index (CPI).

14 Aug 2018 1:34 AM IST

MD Usha Ananthasubramanian

Centre dismisses former PNB MD

Ms. Ananthasubramanian was, three months back, divested of all her powers as MD of Allahabad Bank.

14 Aug 2018 12:31 AM IST

Xiaomi retained the top spot by shipping 10 million units and capturing 29.7 per cent share, followed by Samsung 23.9 per cent share (8 million units) and Vivo with 12.6 per cent share (4.2 million units), the data showed.

Smartphone market grew 20 per cent, says IDC

Xiaomi entered Indian market in July 2014.

14 Aug 2018 12:28 AM IST

A recent report by Indias leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.

Telcos likely to recover in FY20

Average realisation per MB (ARMB) plummeted from around 23 paise in fiscal 2016 to a mere 1.6 paise in fiscal 2018.

14 Aug 2018 12:25 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)

Rupee hits all-time low

May breach the psychological 70-level mark against the US dollar.

14 Aug 2018 12:13 AM IST

IT stocks gain up to 3 per cent on rupee fall

Led by gains in these stocks, the BSE IT index ended 1.24 per cent higher at 14,865.80.

13 Aug 2018 7:17 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI shares continue to fall; down over 3 per cent

The stock went down 3.17 per cent to end at Rs 294.80 on BSE.

13 Aug 2018 7:07 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation for the month of July eases to 4.17 per cent

It was five-month high on 5.0 per cent in the previous month.

13 Aug 2018 6:02 PM IST