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RBI governor Urjit Patel

MPC to meet for three days from June 4

The MPC was set up by amending the Reserve Bank of India Act, 1934, through the Finance Act 2016.

17 May 2018 11:15 AM IST

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

Gold prices tick up amid weaker dollar

Gold prices can gain during times of uncertainty as the metal is seen as a safe place to park assets.

17 May 2018 10:22 AM IST

Opening on a weak note, the Sensex shuttled between 26,720.98 and 26,447.06 and settled lower 31.01 points, or 0.12 per cent, at 26,595.45.

Sensex climbs 122 points in early trade

All the sectoral indices, led by consumer durables, realty, metal, power and banking, were in the green.

17 May 2018 9:59 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.

Rupee gains 10 paise in early trade

Rupee is trading at 67.70 against dollar in early trade on increased selling of the American currency by banks.

17 May 2018 9:38 AM IST

Finance Ministry

PCA: Finance Ministry to review steps taken by banks

Under the PCA, banks face restrictions on distributing dividends and remitting profits.

17 May 2018 9:13 AM IST

On Tuesday, Facebook CEO Mark Zuckerberg took questions for nearly five hours in a US Senate hearing. (Photo: AFP)

Big proxy adviser ISS does not support Zuckerberg in proxy vote

The advisory firm suggested Facebook create a formal committee to nominate board candidates.

17 May 2018 9:03 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

Former RBI boss Raghuram Rajan says won't apply for top BoE job

Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney.

17 May 2018 8:56 AM IST

If retail is granted the industry status in India, it would become more viable for businesses. Krishna Iyer, President and CEO, Walmart India

Retailer body to move court against Walmart

CAIT demands for national policy on e-commerce.

17 May 2018 8:27 AM IST

Finacle Trade Connect will enable increased automation and transparency, while helping efficiently manage risks in trade and supply chain financing operations, it added.

Infy, banks set up blockchain based network

The other partner banks include Kotak Mahindra Bank, South Indian Bank and Yes Bank.

17 May 2018 8:25 AM IST

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

RCom shares dip on insolvency plea

Sistema Shyam Teleservices Ltd on Wednesday offloaded over 2.76 crore shares of debt-ridden RCom, lowering its holding...

17 May 2018 1:03 AM IST

Godrej Agrovet MD B.S. Yadav added, We are currently new to this business. For now, we will use the five southern states as our testing grounds before venturing out to the rest of the country.

Creamline's vizag unit to start by FY19

On company's expansion plans, Mr Singh said, We will go to other markets but not in the coming 2-3 years.

17 May 2018 12:55 AM IST

US President Donald Trump

Trump denies caving to China over ZTE

Nothing has happened with ZTE except as it pertains to the larger trade deal, Trump said on Twitter.

17 May 2018 12:34 AM IST