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RBI's policy stand confirms economic activity is on upswing: Goyal

The finance ministry said it welcomed the monetary policy of the banking regulator.

7 Jun 2018 9:16 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Salaries delayed at Air India for 3 months in a row

Airline management has also not communicated to the staff as to when the salaries for the month of May will be paid.

7 Jun 2018 9:07 AM IST

Debt-ridden Videocon Group on Wednesday approached the principal bench of NCLT requesting it to direct all insolvency case.

NCLT admits Videocon case; Dhoot says banks to recover 80 pc debt

Company in April had approached NCLT requesting it to direct all insolvency cases filed by its lenders to be heard...

7 Jun 2018 9:00 AM IST

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

RBI increases lending rate, EMIs may go up

EMIs for home, auto and personal loans of customers may increase if banks decide to pass on the hike.

7 Jun 2018 2:31 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.

Super credit registry mooted

RBI panel recommends setting up of credit info repository for people and companies to curb NPAs.

7 Jun 2018 12:28 AM 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.

Rate hike in tune with global trend to back rupee

Indonesia also faced similar pressure, with the currency facing the heat from strong foreign debt outflows and rising...

7 Jun 2018 12:27 AM IST

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

Analysts expect RBI to hike rate again in future

Global demand has also been buoyant, which should encourage exports and provide a further thrust to investment.

7 Jun 2018 12:12 AM IST

A view of the Bogibeel bridge, the countrys longest rail-cum-road bridge, in Dibrugarh on Wednesday. PTI)

Govt gives nod to a 10-km long bridge over Ganga

The decision was taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi.

6 Jun 2018 7:29 PM IST

A Mumbai tabloid stated that the director intends to hold reconciliatory meetings with chief ministers of states banning Padmavati.

CCI dismisses case against producers of 'Padmaavat' and 'Padman'

The fair trade regulator disposed of the case.

6 Jun 2018 6:23 PM IST

Capacity-constrained Mumbai airport has for the first time crossed 1,000 aircraft movements in a day, breaking its earlier record of 988 single-day arrivals and departures.

Mumbai airport handles record 1,000 flight movements in a day

This was the highest-ever traffic handled by the airport in a single day.

6 Jun 2018 5:56 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

RBI may go for more rate hikes, says HDFC Bank

The boost in liquidity through changes in liquidity coverage ratio will be offsetting the repo rate hike.

6 Jun 2018 5:45 PM IST

Prime Minister Narendra Modi said he was happy to see CEOs of many important companies are looking at India with confidence. (Photo: ANI | Twitter)

Govt clears new norms for time-bound closure of sick PSUs

The new norms will replace the guidelines issued by the Department of Public Enterprises in September, 2016.

6 Jun 2018 5:35 PM IST