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

Govt confident LIC-IDBI deal will conclude by September

Insurance regulator Irdai is expected to clear the deal in its June 29 board meeting with some conditions.

28 Jun 2018 11:18 AM IST

Yesterday, the rupee had gained 10 paise against the US dollar to end at 66.71

Rupee sinks to record low against US dollar, breaches 69-mark

Global oil prices have climbed after the US asked its allies to end all imports of Iranian oil by November.

28 Jun 2018 11:08 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex suffers more losses as rupee hits record low

The NSE Nifty also dropped by 31.30 points, or 0.29 per cent, to 10,640.10.

28 Jun 2018 10:57 AM IST

To beat inflation and earn the optimum returns required to achieve your goal, you must pick an investment instrument best suited for your goal.

Work on your goals in 20s for comfortable life

Investing in early stages of your career may allow you to build required wealth for comfortable living.

28 Jun 2018 2:46 AM IST

This will work against the Indian IT services sector (H-1B dependent) as the average wage is approximately lower by 25 per cent compared to companies that are not dependent on H-1B visas as per estimates.

Strict visa norms to hit IT cos

Further, while the current H-1B system is lottery based, thereby giving equal selection rights to all applications.

28 Jun 2018 2:18 AM IST

Youth is a little more aware person. He knows that equity markets fluctuate but can create wealth. Sandeep Batra

Markets to generate wealth in long term: ICICI PruLife

Speaking about savings-cum-insurance products, Mr Batra said Ulips are the most efficient as they are transparent and...

28 Jun 2018 2:13 AM IST

US President Donald Trump, addresses a plenary session during the annual meeting of the World Economic Forum, WEF, in Davos. (Photo: AP)

Donald Tump's list for China has multiple surprises

US consumers will be affected if US levies tariff to the entire $450 billion Chinese imports.

28 Jun 2018 12:30 AM IST

Jawaharlal Nehru Port Trust

Centre plans to sell AI building

Air India and JNPT comes under the Civil Aviation and Shipping ministries, respectively.

28 Jun 2018 12:14 AM IST

Union Minister Giriraj Singh

MSMEs created 4 crore jobs in last 4 years, says Giriraj Singh

The MSME minister said a large number of employment opportunities were generated through initiatives like collateral...

27 Jun 2018 6:04 PM IST

PAC says tracking of pregnant women should be made mandatory.

Maternity Act may push 1 crore women out of jobs in FY 2019

Job losses of 11 to 18 lakh could occur in FY18-19, across 10 sectors.

27 Jun 2018 5:33 PM IST

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

Trai to slap fine on telcos for call drop violations in March quarter

Trai had tightened the rules and asked players to abide by its new quality of service benchmarks.

27 Jun 2018 4:56 PM IST

Vice President M Venkaiah Naidu will release a commemorative coin of Rs 125 and circulation coin of Rs 5 denomination on the occasion of Statistics Day and 125th birth anniversary of P C Mahalanobis on Friday.

Vice President Venkaiah Naidu to release Rs 125 coin on Statistics Day

Naidu will unveil the coins as a mark of respect to statistical genius Mahalanobis.

27 Jun 2018 4:43 PM IST