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The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves at record high of USD 424.867 billion

In the previous week, the reserves had surged by USD 1.828 billion to USD 424.366 billion.

13 April 2018 5:37 PM 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.

ICICI-Videocon loan scam: FinMin unaware of BBB member's role

The ministry's clarification comes after a leading daily questioned Kumar's appointment.

13 April 2018 5:23 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Key reforms to boost real estate sector in the year 2018

Buyers are here to shed their reluctance to invest in real estate sector.

13 April 2018 5:01 PM IST

This is part of Shells ongoing portfolio optimisation to transform Shell into a simpler company.

Shell sells 8.5 per cent stake in Mahanagar Gas

The sale of equity shares was done in the open market by way of a bulk deal on April 11.

13 April 2018 4:37 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex jumps 91 points on macro data, earnings optimism

NSE Nifty rose 21.95 points, or 0.21 per cent to finish at 10,480.60 after shuttling between 10,519.90 and 10,451.45.

13 April 2018 4:10 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Analysts uncertain on RBI rate cut due to inflation concerns

Even as inflation cooled to 4.3 per cent for March led by food prices, analysts are not so certain about a policy rate...

13 April 2018 3:45 PM IST

Reliance Jio plans to raise USD 500 mn from Japanese banks

The Mukesh Ambani firm has also signed agreement to buy mobile business assets of Reliance Communications.

13 April 2018 3:39 PM 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)

India 'pales' in comparison to China: Raghuram Rajan

Comparisons between India and China are 'unfair' as India 'pales' before the Communist giant, says Rajan.

13 April 2018 3:30 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank plans to raise Rs 50,000 cr via bonds in FY'19

HDFC Bank plans to raise Rs 50,000 crore through bonds in the next 12 months to fund business expansion.

13 April 2018 2:58 PM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

Time ripe to nationalise private sector banks: Unions

There are serious charges of corruption and nepotism in sanction of loans.

13 April 2018 2:49 PM IST

In the beta form, users can generate their Virtual ID and use it to update address in Aadhaar online for the time being, according to UIDAI which announced the Virtual ID concept earlier this year to address privacy concerns.

India should ensure privacy in biometric identification programmes:...

IMF said, biometric identification and electronic payments have helped reduce leakages in LPG subsidies.

13 April 2018 2:40 PM IST

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

Gold slides on weak demand, silver below Rs 40,000

Gold lost Rs 350 to Rs 31,800 per ten gram on Friday, aligning with a sluggish overseas trend amid fall in local demand.

13 April 2018 2:17 PM IST