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Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

NCLAT allows lenders to meet and finalise Bhushan Power bid

Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.

20 July 2018 12:41 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold futures fall 0.45 per cent on weak global cues

Gold is trading at Rs 30,007 per ten gram in futures trade as participants trimmed their positions.

20 July 2018 12:25 PM IST

After showcasing them on several occasions, BMW Motorrad has announced the pricing of its G 310 range of motorcycles.

BMW G 310 R and G 310 GS finally launched

After showcasing them on several occasions, BMW Motorrad has announced the pricing of its G 310 range of motorcycles.

20 July 2018 12:24 PM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Rupee recovers from record lows, up 9 paise against US dollar

The rupee is under pressure amid rising crude oil and higher inflation.

20 July 2018 12:16 PM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

Fuel, land and electricity will be under GST, says CEA Arvind...

He also praised the central bank for handling of rupee volatility.

20 July 2018 11:56 AM IST

Trade growth looks robust, but higher oil prices are hurting the overall external balance.

Higher interest rate in US, trade issues pose capital flight risk for...

Asia-Pacific region's macroeconomic growth momentum remains strong despite further trade tensions between the US and...

20 July 2018 10:47 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex regains strength, rises over 150 points

The 50-share NSE Nifty reclaimed the 11,000 mark, quoting higher by 43.45 points, or 0.39 per cent, at 11,000.55.

20 July 2018 10:27 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee hits all-time low of 69.12 against US dollar

A mad rush for dollar was witnessed as importers expected further erosion in the rupee value.

20 July 2018 10:06 AM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Fund infusion may not help much, say bankers

Centre infused Rs 1.29 lakh crore as capital into the banking system.

20 July 2018 9:19 AM IST

Reserve Bank of India (RBI) deputy governor R Gandhi.

Ex-RBI deputy governor cautions against frequent loan waivers

Post-reforms all govts ruled by various parties had never reversed their steps to strengthen country's economy, says R...

20 July 2018 9:11 AM IST

Alkaline foods such as fresh fruits, vegetables, unsweetened milk, yogurt, nuts, beans, lentils, etc. act as great alternatives to sugary foods.

World sugar exporters ask India, Pakistan, EU to cut subsidies

World sugar price has dropped to a level below the cost of production of even the most efficient producers in the world.

20 July 2018 9:02 AM IST

Nirav Modi and (right) Vijay Mallya, prominent white-collar scamsters in recent times

India approves bill to prosecute fugitive tycoons

Fugitive Economic Offenders Bill law, which will go to Rajya Sabha and the president in the coming days.

20 July 2018 8:54 AM IST