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The feedback from the TA on what discouraged potential bidders is also likely to be placed before the government.

Centre plans to divest its entire stake in Air India

The Core Group's recommendations in turn will be placed before the Alternative Mechanismâ€ (Group of Ministers).

13 Jun 2018 1:51 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Interest hike to impact India Inc's capex: CII

Last week, RBI hiked the policy rate by 25 basis point for the first time in four years to curb rising inflationary...

13 Jun 2018 1:50 AM IST

The industrial growth, based on Index of Industrial Production (IIP), was 3.2 per cent in April last year.

Fuel, vegetables push inflation to 4-mth high

Industrial production expands 4.2% in April: Data.

13 Jun 2018 12:50 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

No RBI nominee should be on banks' boards, says Urjit Patel

The central bank is discussing the matter of RBI nominee director with the Finance Ministry.

12 Jun 2018 7:33 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Next parliamentary panel meeting on finance to be held on June 19

The standing committee meeting is likely to discuss ways to tackle the growing menace of chit fund agencies.

12 Jun 2018 7:11 PM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani group emerges as highest bidder to acquire Ruchi Soya

Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs 5,700 crore.

12 Jun 2018 6:55 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Industrial growth rises by 4.9 per cent in April

Manufacturing sector, which constitute more than 77 per cent of the index, recorded a growth of 5.2 per cent in April.

12 Jun 2018 6:47 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation inches up to 4.87 pc in May on costlier food items

Food inflation rose to 3.10 per cent last month, as against 2.8 per cent in April.

12 Jun 2018 6:39 PM IST

Uber driverless car heads out for a test drive in San Francisco.(File Photo: AP)

Uber bets on local languages to drive growth in India

More than 70 per cent of Uber's users in India are estimated to be using either entry-level or phones with older...

12 Jun 2018 6:33 PM IST

Metro staff at the platform also finds it difficult to rein in regular commuters.

One in four Indians can take pay cut to travel less for work: report

The survey revealed that with the time saved from commuting, 36 per cent like to utilise it for exercising, health and...

12 Jun 2018 4:52 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex climbs 209 points on global cues; macro data eyed

Sensex stayed in positive terrain throughout the session and hit a high of 35,743.08 before ending at 35,692.52.

12 Jun 2018 4:10 PM 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)

RBI sets rupee reference rate at 67.4571 against dollar

The exchange rates for the pound and the yen against the rupee were 90.0620 and 61.10 per 100 yens, respectively.

12 Jun 2018 3:44 PM IST