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Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)Business
Rupee sheds 5 paise against USD ahead of RBI's monetary policy outcome

Rupee is trading at 68.59 against dollar ahead of the Reserve Bank's monetary policy outcome.

1 Aug 2018 9:39 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.Business
Oil extends decline after biggest monthly slump in two years

Brent fell more than 6 per cent in July, while US crude futures slumped about 7 per cent.

1 Aug 2018 9:33 AM IST

Averting a trade war, China and the US on Sunday struck a deal under which Beijing will \significantly increase\ its purchases of American goods and services.Business
US-China trade dispute likely to escalate, impact global growth

Trade restrictions are expected to cut about 0.25 percentage points off US' real GDP growth in 2019.

1 Aug 2018 8:51 AM IST

The website ordered to be shut down immediately and permanently. (Representational image)Business
Streaming sans cash generation may hurt media companies

Netflix and Amazon have started to launch India-centric content with aggressive marketing.

1 Aug 2018 8:44 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI in a tight spot, is expected to raise rates again

In June, repo rate was raised for the first time in over four years, by 25 basis points to 6.25 per cent.

1 Aug 2018 8:33 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)Business
Banks set to be stronger: S&P

The rating agency hinted about a possible review of ratings going ahead.

1 Aug 2018 1:50 AM IST

Industrial production grew at 3.2 per cent in May compared to 2.9 per cent in the same month last year even as the performance of manufacturing and power sectors remained sluggish.Business
Infra output growth hits 7-month high, shows data

Disaggregated data continued to provide mixed signals, says expert.

1 Aug 2018 1:50 AM 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 Q1 net profit up 2 per cent to Rs 1,533 crore

The consolidated total income during the first quarter of the current fiscal increased to Rs 22,624 core.

31 July 2018 7:37 PM IST

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 per cent while the licence fee collected by the government dropped by 16 per cent year-on-year in the quarter ended December 31, 2017.Business
Trai views on spectrum auction this week, says RS Sharma

The government is planning to hold the largest-ever spectrum auction of 3,000 MHz radiowaves in the next round of sale.

31 July 2018 7:08 PM IST

We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin LallBusiness
Infrastructure growth jumps to 7-month high of 6.7 per cent in June

The previous high rate of growth was recorded in November 2017 at 6.9 per cent.

31 July 2018 5:53 PM IST

Natarajan Chandrasekaran is one of the groups most highly regarded executives and the man behind its best-performing unit. (Photo: PTI)Business
Tata Motors reports Q1 net loss of Rs 1,862 crore

Natarajan Chandrasekaran said the company continues to gain market share while strongly improving profitability.

31 July 2018 5:35 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.Business
Fiscal deficit shows improvement in Q1 on higher revenue

The fiscal deficit target for the current financial year is Rs 6.24 lakh crore.

31 July 2018 5:18 PM IST

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