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

RBI's June policy a close call, tone to remain hawkish: UBS

The MPC maintained status quo for the fourth consecutive time since August last year.

29 May 2018 2:11 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT to hear ArcelorMittal, NuMetal pleas tomorrow

NCLAT had ordered status quo on insolvency of Essar Steel for two months.

29 May 2018 2:10 PM IST

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

Vedanta copper smelter closure to effect India's production upto 50 pc

The smelter produced around 4,00,000 mt of copper per year.

29 May 2018 1:42 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom offers Rs 500 cr to Ericsson, NCLAT for amicable settlement

The tribunal has listed for tomorrow the hearing of interim prayer of RCom to stay the NCLT order.

29 May 2018 1:39 PM IST

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

Tamil Nadu closes Vedanta copper smelter permanently after bloody...

The company on Monday called the closure of the plant it has operated for over 22 years.

29 May 2018 12:58 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Rupee weakens further, down 31 paise against dollar

The domestic unit resumed lower at 67.62 as against yesterday's closing level of 67.43 per dollar at the inter-bank...

29 May 2018 11:47 AM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold rises 0.30 per cent on positive global cues

Gold is trading at Rs 31,302 per 10 gram as speculators raised bets amid a firm global trend.

29 May 2018 10:40 AM IST

Prime Minister Narendra Modi

Banks have given Rs 6 lakh cr Mudra loans to 12 cr beneficiaries: PM

Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs.

29 May 2018 10:21 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex slips 57 points in early trade on weak Asian cues

The NSE Nifty fell 23.85 points, or 0.22 per cent, lower at 10,664.80.

29 May 2018 9:53 AM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

Rupee drops 22 paise against US dollar

Rupee is trading at 67.65 against the US dollar in early trade at the interbank forex market.

29 May 2018 9:43 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Govt to finalise passenger charter, air cargo policy this year: Prabhu

India is one of the fastest growing domestic aviation markets in the world, clocking double-digit growth for more than...

29 May 2018 9:33 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

IT Dept extends date for sending suggestions on new direct tax

CBDT said that the term for sending suggestion and feedback has been extended by a period of three months.

29 May 2018 8:53 AM IST