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SBI MD Arijit Basu.(Photo: SBI)

Banks working closely with UK authorities to recover dues from Mallya:...

SBI is the leader of consortium of 13 banks that lent money to Mallya's now defunct Kingfisher Airlines.

6 July 2018 1:08 PM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee recovers by 21 paise against US dollar

The rupee moved in range between 68.82 and 69.03 during morning trade.

6 July 2018 12:40 PM IST

The stock of Indiabulls Housing Finance closed 1.7 per cent higher at Rs 1,006.60 on the BSE.

Indiabulls to sell Chennai commercial assets to Blackstone.

Company will divest its 100 per cent stake in the business of commercial assets at Ambattur, Chennai.

6 July 2018 11:36 AM IST

Samsung is trying to court shareholders and improve its corporate structure as the cause of the fires in its Galaxy Note 7 cellphones remains a mystery.

Samsung profit growth slows on smartphone weakness

Samsung shares are down about 12 per cent this year on concerns over slowing profit growth.

6 July 2018 11:20 AM IST

Wedding season in the coming weeks is expected to up the demand for gold. (Photo: PTI)

Big jump in gold shipments by Cochin SEZ

Total gold jewellery exports by SEZs and EPZs went up by 179 per cent in May and 129 per cent in April.

6 July 2018 10:44 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Banks finalise inter-creditor agreement to resolve NPAs

Inter-creditor agreement will be a legal document and enforceable in any court of law.

6 July 2018 10:38 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex recovers 116 points on mixed global cues

The NSE index Nifty also rose 33.65 points or 0.31 per cent to 10,783.40.

6 July 2018 10:30 AM IST

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)

Rupee crosses 69-mark against US dollar in early trade

Rupee is trading at 69.03 against dollar on appreciation of American currency overseas and sustained foreign capital...

6 July 2018 10:25 AM IST

Shloka Mehta, the to-be daughter-in-law of Mukesh Ambani, made her debut at the shareholder meeting of Reliance Industries.

Jio forays into fibre Broadband business

Industry body Coai which has been at loggerheads with Jio over a slew of issues in the past

6 July 2018 6:43 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Won't allow ecommerce firms to stockpile inventory: Traders

It said that government should desist such move or else prepared to face strong opposition.

6 July 2018 6:38 AM IST

Brent crude futures were at $77.99 a barrel at 1345 GMT, down 25 cents.

Crude prices touch 3.5-year high despite Trump's demand

Opec together with a group of non-Opec producers led by Russia started to withhold output in 2017 to prop up the market.

6 July 2018 6:28 AM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Oil firms hike price of fuel after one month

Prices were not changed in anticipation of supply hike.

6 July 2018 6:22 AM IST