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The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Banks to opt for liquidation if bid prices are low: SBI

The first set of 12 large corporate defaulters identified by the central bank in June last year.

8 May 2018 8:59 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Private firms to do taxpayer profiling, fraud analysis

Infosys has been barred from bidding for the GSTNâ€ˆproject to avoid conflict of interest.

8 May 2018 8:53 AM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Walmart likely to announce Flipkart deal before end of week: sources

Walmart and Google parent Alphabet Inc will buy up to 75 per cent of Flipkart.

8 May 2018 8:25 AM IST

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

Oil prices fall as market awaits Trump decision on Iran

WTI crude futures CLc1 fell 63 cents, or 0.9 per cent, to $70.10 a barrel.

8 May 2018 8:17 AM IST

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

Gold prices inch up on steady dollar

US gold futures GCcv1 for June delivery were up 0.1 per cent at $1,315.80 per ounce.

8 May 2018 8:10 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Stricter norms to hit gold demand

According to Icra, there has been a marked shift to organised trade post demonetisation and GST.

8 May 2018 1:25 AM 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.

GSTN invites bid to profile taxpayers

The analytics company to be roped in will have the mandate for designing and developing a Fraud Analytics System.

8 May 2018 1:25 AM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil rises to fresh highs

Venezuelan crisis, possible imposition of new sanctions on Iran weigh big on minds.

8 May 2018 1:25 AM IST

According to the last World Bank report 2017, Indias ranking improved by just one notch to 130 from a revised rank of 131 previous year.

India and World Bank sign USD 200 million loan deal

The project will include investments in improving the skills and capacities of ICDS staff and community nutrition...

7 May 2018 7:41 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank Q4 profit plunges 45 per cent to Rs 1,142 cr

It had a net profit of Rs 2,083 crore in the January-March quarter of the preceding fiscal, 2016-17.

7 May 2018 7:30 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI offers home loans at cheaper rates to good credit score holders

A consumer's CIBIL score is a three-digit numeric summary of the credit information report.

7 May 2018 7:23 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans' Udan plans run into rough weather amid divestment

The disinvestment process should not come as a roadblock in the business expansion plans of the company.

7 May 2018 7:15 PM IST