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State Bank of India

Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:20 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Govt taking steps to cut logistics hurdles for trade: Prabhu

Logistics industry is estimated at around USD 215 billion, which is growing at over 10 per cent annually.

30 July 2018 2:19 PM IST

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Govt to launch 2nd oil, gas field auction on August 9

Of the 60 fields which will be up for auctions, 22 fields belong to ONGC, 5 to OIL and 12 are relinquished discovered...

30 July 2018 1:51 PM IST

Beijing will shut around 1,000 manufacturing firms by 2020 as part of a programme aimed at curbing smog and boosting income. (Photo: AP)

Beijing to shut 1,000 manufacturing firms by 2020: report

The city has already rejected registration applications from 19,500 firms.

30 July 2018 12:44 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 Lall

India's infra deficit too large, will take time to be eliminated: S&P

Government estimates infrastructure investment of USD 4.5 trillion will be needed through 2040.

30 July 2018 12:38 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Air India turning into a non-performing asset, say banks in report

The govt has remained non-committal on infusing cash into the airline after the failed privatisation process.

30 July 2018 12:28 PM IST

So here we bring to you a list of to-dos to ensure a budgeted online shopping from the comfort of your homes:

India plans single regulator for e-commerce sector: report

Federal government has indicated it aims to remove the legal fragmentation governing the e-commerce sector.

30 July 2018 12:12 PM IST

HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of 2017.

HSBC appoints Surendra Rosha as India CEO

He is currently HSBC's Head of Financial Institutions Group (FIG) for Asia-Pacific.

30 July 2018 12:04 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Recent GST rate cut credit negative, says rating agency Moody's

GST Council, last week cut tax rates on white goods as well as various handicrafts items and paints.

30 July 2018 11:54 AM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI Bank shares gain nearly 4 per cent post Q1 results

Shares of the company further moved up by 3.40 per cent to Rs 303.30 on BSE.

30 July 2018 11:54 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex rises over 150 points; Nifty hits 11,300 mark

The 30-share BSE index spurted by 97.65 points, or 0.26 per cent, to hit new high of 37,434.50.87.

30 July 2018 10:17 AM IST

On Monday, the rupee had gained 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with a firm equity market.

Rupee slips 15 paise to 68.80 against US dollar

Rupee is trading at 68.80 at the Interbank Foreign Exchange ahead of RBI's monetary policy review beginning today.

30 July 2018 9:46 AM IST