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Evidence suggests that Tether may have been used to manipulate the price of bitcoin.

Supreme Court backs RBI ban on virtual currency

RBI had restricted all the banks and financial institutions from using crypto currency.

3 July 2018 7:01 PM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB to shutter most operations at fraud-hit Mumbai branch, say sources

India's second-largest state lender seeks to tighten controls and restore its reputation.

3 July 2018 5:48 PM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

Telecom Commission to discuss new policy on July 11

It aims to attract USD 100 billion or about Rs 6.5 lakh crore investments in the digital communications sector by 2022.

3 July 2018 5:35 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

3 July 2018 5:27 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

IHH Healthcare submits fresh bid for Fortis

The company had earlier scrapped its decision to opt for the offer by the Munjal-Burman combine to invest Rs 1,800 crore...

3 July 2018 5:19 PM IST

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) land was allotted by the state government to Vedanta Sterlite for the second copper smelting plant. (Photo: PTI)

Vedanta delisting not related to Tuticorin incident, says Anil Agarwal

The move to delist Vedanta came weeks after killing of 13 protesters in police firing at the firm's copper smelter plant...

3 July 2018 4:35 PM IST

Opening on a weak note, the Sensex shuttled between 26,720.98 and 26,447.06 and settled lower 31.01 points, or 0.12 per cent, at 26,595.45.

Sensex rebounds 114 points in see-saw trade

Markets benefited from value buying in recently battered stocks amid mixed overseas cues.

3 July 2018 4:23 PM IST

For the past few days, the rupee continued to outshine the US dollar and ended at a nearly 3-month high of 67.22 yesterday.

Rupee to remain in 68-72 range against USD in short term, says UBS

The rupee had breached the lifetime low and crossed the Rs 69 to a dollar level last week.

3 July 2018 4:00 PM IST

Sources claim that the voting percentage went down by 10 per cent in comparison to 2015 Assembly elections. According to reports, around 53 per cent voting was recorded on Monday. (Representational image)

Lok Sabha elections to influence market sentiment, Nifty targets...

The thrust on rural and agricultural economy is a certainty in the election year.

3 July 2018 3:42 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold maintains downtrend on weak global cues

Gold is trading at Rs 31,360 per ten grams amid fall in demand from local jewellers.

3 July 2018 3:38 PM IST

For ISOCELL Plus, Samsung replaced the metal barrier with an innovative new material developed by Fujifilm.

Samsung phones are randomly sending owners' photos to contacts

The issue appears to be affecting the Galaxy S9 and Galaxy S9+ devices.

3 July 2018 1:31 PM IST

Donald Trump. (Photo: AP)

Citing security concerns, Trump bans China Mobile in US

China Mobile's shares fell 2.6 per cent on Tuesday morning to their lowest in more than four years.

3 July 2018 1:26 PM IST