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As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India using 'right policies' to lower high debt level: IMF

India's general government debt remained relatively high, at 70 per cent of the GDP in 2017.

19 April 2018 9:01 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.

Rise in 1-day defaults worries RBI, defends revised norms

RBI's tough posture comes even as the finance ministry has been pitching for scrapping of this key norm.

19 April 2018 8:56 AM IST

Congress leader P Chidambaram on Friday criticised the Election Commission saying that by not announcing the Gujarat poll schedule, it has authorised Prime Minister Narendra Modi to declare the dates at his last rally, after all freebies for the state were doled out. (Photo: PTI)

Ghost' of demonetisation has returned to haunt govt: Chidambaram

Unusual spurt in demand for currency had led to many ATMs and banks running out of cash.

19 April 2018 8:38 AM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Don't underreport income: I-T department

The advisory comes at a time when the I-T department had found that employees were submitting fake bills to lessen the...

19 April 2018 2:15 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Caution prevails as Sensex snaps streak

Experts were not surprised by Wednesday's sharp cut as they have been continuously advocating about staying light.

19 April 2018 2:14 AM IST

Maurice Obstfeld

Phony' US-China trade war: IMF

Intensification of trade tensions due to US: Obstfeld.

19 April 2018 1:49 AM IST

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

Saudi Arabia wants oil at $100

We have come full circle, a separate high-level industry source said of the change in Saudi thinking.

19 April 2018 1:33 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Govt approaches NCLAT, seeks power to attach properties in PNB scam

The corporate affairs ministry has also sought to invoke powers including the removal of the management and recovery of...

18 April 2018 7:25 PM IST

Kingfisher tops most trusted alcoholic beverage brands list

Kingfisher Beer, Black Dog and Budweiser are the top three most trusted alcoholic beverage brands.

18 April 2018 6:46 PM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj launches new Pulsar 150 Twin Disc

Bajaj Auto on Wednesday said it has launched its new Pulsar 150 with twin disc brakes priced at Rs 78,016 (ex-showroom ...

18 April 2018 6:37 PM IST

Most of the bankers claim that they have been continuously replenishing their ATMs across the country but footfalls are high at the ATMs.

Cash position improving, 80 per cent ATMs operating, sources

Unusual spurt in demand for currency had led to many ATMs and banks running out of cash.

18 April 2018 6:31 PM IST

Andri Yatim who has been consistently revealing information about the upcoming Motorola handsets has leaked a scanned image of the Moto G5S+ revealing the specs of the device.

Motorola India announces 50 new Moto Hubs in Telangana

Moto Hub is a key destination that provides easy access and availability of all Motorola products to customers.

18 April 2018 5:53 PM IST