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Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank announces major overhaul of investment bank

Banks net income of 120 million euros was below the forecasts of net income of 379 million

26 April 2018 1:31 PM IST

Nokia is set to make its big comeback to the smartphone industry in 2017.

Nokia posts sharp quarterly profit fall, sees 5G accelerating

It expressed confidence that momentum was building later in 2018.

26 April 2018 1:08 PM IST

Government of Kazakhstan introduces a 72-hour-long transit visa free regime for Indian citizens.

Kazakhstan introduces 72-hour free transit visa for Indian citizens

The 72-hour transit visa free regime is generally applicable to both individual passengers and tour groups.

26 April 2018 12:58 PM IST

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

Essar Oil and Gas to invest Rs 900 cr in CBM block

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block.

26 April 2018 12:46 PM IST

The software services firm had registered a profit of Rs 2,267 crore in the year-ago period.

Wipro falls nearly 5 per cent after disappointing Q4 earnings

The stock was the worst hit among the bluechips on both Sensex and Nifty during the morning trade.

26 April 2018 12:36 PM IST

Aruna Sundararajan

Draft National Telecom Policy to be released on May 1

It (NTP) will hopefully trigger innovation, will focus on Make in India and provide opportunities for partnering with...

26 April 2018 12:36 PM IST

Japanese automakers that rely heavily on exports to sell their models in the United States would be hardest hit by trade restrictions.

Asia a bright spot for Japan carmakers facing sluggish US trade...

Mazda Motor Corp is most exposed to any trade restrictions in the world's biggest car market after China.

26 April 2018 12:29 PM IST

Total bilateral trade in services in 2017 was USD 51.8 billion, an increase of 11 per cent from the previous year.

Need for serious negotiations on US-India FTA: experts

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years.

26 April 2018 10:56 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex recovers 57 points ahead of F&O expiry

NSE Nifty trading higher by 32.70 points, or 0.30 per cent, at 10,586.90.

26 April 2018 9:56 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee up 11 paise against dollar in early trade

Rupee is trading at 66.79 against dollar in opening session on fresh selling of the dollar by exporters.

26 April 2018 9:33 AM IST

CCEA had approved the mandatory packaging of foodgrains and sugar in jute material for the Jute Year 2017-18.

Cabinet approves MSP hike for raw jute

Increase in MSP is expected to ensure appropriate minimum prices to the farmers and step up investment in Jute...

26 April 2018 9:17 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Currency hoarding on despite govt, RBI assurance

Currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20.

26 April 2018 9:06 AM IST