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Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

21 PSBs lost Rs 25,775 crore to frauds in FY18

RBI in its reply on May 15 did not specify details of any particular case of banking fraud.

29 May 2018 8:45 AM IST

Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

NBFCs may tap Indian bond mart

The highest amount ever raised through the issuance of retail bond was in FY14 totalling Rs 42,383 crore.

29 May 2018 1:58 AM IST

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Retailers object to Walmart deal

CAIT said the deal would deny market access to non-preferred sellers and impact small traders on offline platform.

29 May 2018 1:50 AM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

States can cut fuel price by Rs 2, if they forego extra taxes: SBI

States earn additional revenue of Rs 2,675crore for every dollar/barrel rise.

29 May 2018 1:41 AM IST

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea completes 4G VoLTE roll out in 15 of 22 telecom circles

Overall, Idea has the second largest presence of VoLTE-based calling service after Reliance Jio.

28 May 2018 8:22 PM IST

These apps also provide the liberty to call landlines and phone numbers across the globe at dirt cheap rates.

BSNL upgrading landline in Rajasthan for chatting, video calls

Calls on landline can now also be received on mobile handsets.

28 May 2018 8:14 PM IST

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

Uber shares data-driven insight on traffic patterns

The company aims to continue playing a key role in solving urban mobility challenges.

28 May 2018 8:06 PM IST

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

Telecom players seek roll-out of rules for 'ease of doing business'

Mathews said start-ups also demanded that low cost finance be made available to them.

28 May 2018 7:57 PM IST

The booming aviation market has also pushed up the profit margins.

Aviation, OMC stocks surge as crude oil weakens

The BSE benchmark Sensex surged 240.61 points to end at 35,165.48.

28 May 2018 7:51 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Sale of 'going concern' exempt from GST, says AAR

Any transfer of a going concern constitutes a 'supply of service' and 'nil' tax rate will apply on it.

28 May 2018 7:44 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Oil ministry gives in-principle nod to launch petrol, diesel futures:...

The decision was taken by the ministry after consultations with oil marketing companies and other experts.

28 May 2018 7:23 PM IST

File image of a man counting cash at a petrol pump.

SBI economic body suggests measures to reduce fuel prices

The rising fuel price has become a matter of concern for the general public.

28 May 2018 6:52 PM IST