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Lower opening in the domestic equity market put the rupee on the back foot.

Rupee rebounds from 18-month low, up 12 paise against dollar

Rupee is trading at 68.30 against dollar at forex market on fresh selling of US currency by exporters and banks.

24 May 2018 9:39 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices drop on potential increase in OPEC output

International benchmark Brent futures were down 27 cents, or 0.34 per cent, at $79.53 per barrel.

24 May 2018 9:26 AM IST

MobiKwik, on Tuesday announced its partnership with Microsoft for powering digital payment services.

MobiKwik launches UPI on platform, offers own VPA handle

MobiKwik is the first in the industry to offer UPI access to a huge base of three million merchants on its app.

24 May 2018 8:39 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

India takes US steel tariffs complaint to the WTO

Trump imposed the tariffs in March, levying 25 per cent on steel imports and 10 per cent on aluminium.

24 May 2018 8:33 AM IST

If you wish to combine wealth creation with tax savings under Section 80C, buy an ELSS mutual fund.

Is Saving Twice Your Income By 35 Possible?

The idea that you should have saved 2x your income at 35, by 35, was recently posted on Twitter.

24 May 2018 2:10 AM IST

There will also be consolidation in the industry with the small and poor quality malls transforming into small offices, hospitals and educational institutions.

Foreign brands to push commercial realty growth

Developers are making use of past experiences and learnings to create superior quality malls.

24 May 2018 1:53 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Cabinet lets home buyers have creditors tag in IBC

Under the code, financial creditor implies any person to whom a financial debt is owed.

24 May 2018 1:43 AM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Fuel price rises again, no decision on tax cut

Centre seeks to find long term solution for fuel pricing.

24 May 2018 1:11 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Fin Min ties up with e-commerce firms to give loans under PMMY

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

23 May 2018 7:56 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Cabinet approves plan to install mobile towers in Meghalaya

The project will be funded by the Universal Service Obligation Fund.

23 May 2018 7:48 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.

Govt working on long-term solution to fuel prices, says Prasad

The 10-day relentless price increases built pressure on the government for cutting excise duty to give immediate relief...

23 May 2018 7:38 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Tata Motors Q4 net profit down nearly 50 pc to Rs 2,176 crore

It had posted net profit of Rs 4,336.43 crore in the corresponding period of 2016-17, Tata Motors said in a BSE filing.

23 May 2018 7:26 PM IST