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The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar.

RBI sets rupee reference rate at 64.9368 against US dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 64.9368 against the US dollar and 79.9047...

10 April 2018 5:52 PM IST

Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

NBFCs' retail credit may grow at 17-19 per cent in FY19: Icra

The total managed NBFC-retail credit of NBFCs stood at around Rs 7 trillion as on December 31, 2017.

10 April 2018 5:44 PM IST

Sidbi has charted a plan to promote micro enterprises in 115 aspirational districts across the country to contribute in their development.

SIDBI to focus on 115 aspirational districts, promote micro...

The bank has tied up with Common Service Centre (CSC) to meet this objective.

10 April 2018 5:30 PM 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.

Govt mulling converting GSTN to govt company

Currently, private financial institutions are the majority owners in GSTN with 51 per cent stake.

10 April 2018 5:22 PM IST

The Enforcement Directorate on Tuesday questioned former finance minister P Chidambarams son Karti Chidambaram in connection with the Aircel Maxis money laundering case.

ED questions Karti Chidambaram in Aircel-Maxis case

This is the first time the agency is questioning him in connection with the case.

10 April 2018 4:34 PM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

SAS sets up new division to help companies deal with frauds

The setting up of the new division also comes at a time when there are rising concerns over data security.

10 April 2018 4:11 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex stays strong for 4th day on positive global cues

Sensex opened higher and went further to hit a high of 33,949.98 and finally settled 91.71 points.

10 April 2018 4:05 PM IST

Panasonic is aiming to have around 30 per cent market share in Rs 1.5 lakh and above camera market.

Panasonic aims 30 pc market share in Rs 1.5 lakh camera segment

The firm is targeting new age photographers and videographers along with youtubers.

10 April 2018 3:35 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Govt pulls out memo inviting bids for Pawan Hans sale

Pawan Hans is a joint venture under the civil aviation ministry and state-owned ONGC.

10 April 2018 3:25 PM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

India Inc's average salary hike to be 9.6 pc this fiscal: report

Average variable pay projection has increased from 15.4 per cent in 2017-18 to 15.7 per cent in 2018-19.

10 April 2018 3:23 PM IST

Uber France is facing criminal proceedings in a court in the northern French city of Lille for its UberPop service.

EU court backs France ban of Uber without notifying Brussels

The European Court of Justice ruled in favour of France's ban of the UberPop service.

10 April 2018 3:17 PM IST

President Xi Jinping to cut Chinas auto tariffs.

Chinese President Xi Jinping offers US possible trade concessions

Xi made no direct mention of his American counterpart, Donald Trump, or the dispute.

10 April 2018 3:12 PM IST