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The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.Business
Analysis: RBI chooses between falling rupee and banking cash crunch

Economists suspect it may choose currency stability, regardless of how tight funding conditions get.

3 Aug 2018 2:10 PM IST

The three firms of diamantaire Nirav Modi were issued LoUs worth Rs 6,498 crore.Business
Govt sends extradition request to UK for loan fraud accused Nirav Modi

The international police agency Interpol last month issued a request to find and arrest Modi.

3 Aug 2018 1:55 PM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.Business
India plans to set up LNG terminal in Myanmar

The terminal will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri Lanka.

3 Aug 2018 1:01 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.Business
Govt to appeal arbitration ruling on Reliance, ONGC dispute

International tribunal in favour of RIL and its international partners in a dispute over gas migration from fields...

3 Aug 2018 12:50 PM IST

The government plans to have more benches of the National Company Law Tribunal on the basis of case load, a senior official said on Wednesday amid rising number of insolvency cases coming up before the NCLT.Business
Govt ready to make more changes, if necessary, to insolvency law

Corporate Affairs Secretary Injeti Srinivas also sought to dispel certain "myths" regarding the law.

3 Aug 2018 12:43 PM IST

Rajiv Bajaj has hinted that the homegrown manufacturer could launch an electric two-wheeler by 2020.Business
Electric two-wheelers from Bajaj expected to launch by 2020

Rajiv Bajaj has hinted that the homegrown manufacturer could launch an electric two-wheeler by 2020.

3 Aug 2018 12:38 PM IST

Renault Kwid has been launched with a lot of updates without any hike in its prices.Business
2018 Renault Kwid updated launched

Renault Kwid has been launched with a lot of updates without any hike in its prices.

3 Aug 2018 12:30 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.Business
Jet Airways slumps 6 per cent in morning trade on bourses

Shares of the company opened on a weak note at Rs 324.80, then fell 5.72 per cent to a low of Rs 312.25 on BSE.

3 Aug 2018 11:46 AM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)Business
July sees strongest service sector growth since October 2016: PMI

The seasonally adjusted Nikkei India Services Business Activity Index rose from 52.6 in June to 54.2 in July.

3 Aug 2018 11:01 AM IST

The rating for the Model 3, which is lower priced than earlier Tesla models and aimed at giving the Silicon Valley automaker mass market appeal, was part of magazines annual survey of new vehicle reliability.Business
Tesla shares spike, dealing short-sellers a USD 1.7 billion loss

Tesla shares rallied $48.70 to $349.54 a day after the manufacturer said it would produce its new Model 3 sedan at a...

3 Aug 2018 10:15 AM IST

Bombay Stock MarketBusiness
Sensex rises over 250 points, Nifty reclaims 11,300 mark

The NSE Nifty reclaimed the 11,300 mark, by rising 70.55 points, or 0.62 per cent, to 11,315.25.

3 Aug 2018 10:00 AM IST

The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)Business
Indian Bank revises interest rates on FCNR(B) deposits

For deposits of up to five years, interest rates are 4 per cent as compared to 3.93 per cent.

3 Aug 2018 9:50 AM IST

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