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

IDBI Bank says 'no discussion' on Rs 13,000-cr capital infusion by LIC

Industry and government sources have said that LIC is looking to enter the banking space.

29 Jun 2018 5:15 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

Keep close watch on prices of perishables in July-Nov: Centre to...

Presently, prices of essential commodities are under control, barring seasonal products or short term increase in few.

29 Jun 2018 4:52 PM IST

Bihar Deputy Chief Minister Sushil Kumar Modi (Photo: PTI)

States will get to levy additional taxes on top of GST on fuel: Modi

Modi, however, said it will take some time for states to get around to including petrol and diesel in the GST.

29 Jun 2018 4:25 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex soars 386 points as July F&O series opens strong

This is the benchmark's biggest single-session gain since May 31.

29 Jun 2018 4:14 PM IST

Railway Minister Suresh Prabhu (Photo: PTI)

Suresh Prabhu launches mobile app to trace missing, abandoned children

Amazon Rekognition, web facial recognition service, is being used to identify missing kids.

29 Jun 2018 3:58 PM IST

India must maintain a relationship of respect with Pakistan as its burgeoning economy needs access to the markets of Europe via Central Asia and Pakistan is the only country which could provide this, former National Security Advisor Nasser Janjua has said.

India needs Pakistan for accessing European market, says Nasser Janjua

Janjua said India's burgeoning economy needed access to the rich markets of Europe via Central Asia.

29 Jun 2018 2:54 PM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Strong action to be taken against illicit Swiss deposits, says Goyal

India would get data as the accounting year ends, Goyal said.

29 Jun 2018 2:16 PM IST

Renowned European planemaker Airbus has unveiled its oddly-shaped BelugaXL aircraft, which is painted to stunningly resemble its namesake, the Beluga whale. (Photo: Twitter)

Airbus unveils its new whale-shaped plane

In its Twitter handle, Airbus posted an image of the whale-shaped aircraft.

29 Jun 2018 2:05 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Rupee fall: No need for 'knee-jerk' reactions, says Piyush Goyal

The rupee had yesterday breached the 69-mark against the US dollar for the first time.

29 Jun 2018 1:39 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Reliance Infratel, HSBC Daisy submit settlement agreement before NCLAT

The consent term between the parties was signed on June 15, 2018, informed senior advocate Salman Khursheed.

29 Jun 2018 1:21 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank appoints ex-petroleum secretary as non-executive chairman

The appointment will provide maturity and sagacity to the deliberations of the board, it added.

29 Jun 2018 12:47 PM IST

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

Fortis Healthcare extends deadline of binding bids to July 3

The bids should be unconditional as well as mention the source of funds.

29 Jun 2018 12:39 PM IST