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India began its search for new planes for the Indian air force in 2003 to replace its Soviet-era MiG fighters. (Photo: PTI)

India opens contest to supply more than 100 fighter jets

Aircraft must be built largely in India as part of Prime Minister Narendra Modi's drive to build a domestic industrial...

7 April 2018 12:35 PM IST

Former Reserve Bank of India (RBI) Deputy Governor HR Khan. (Photo: PTI)

CBI quizzes ex-RBI deputy governor in PNB probe: source

Police have also quizzed PNB and other bank officials, and made at least 20 arrests.

7 April 2018 12:14 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd, Samsung tie up to facilitate 'tap and pay' credit system

Samsung Pay gives freedom to customers to leave their physical credit and debit cards at home and make payments almost...

7 April 2018 12:04 PM IST

Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the worlds 100 most powerful women compiled by Forbes. (Photo: PTI)

Lookout notice for ICICI's Chanda Kochhar, husband and Videocon's...

A Lookout circular ensures that the person concerned cannot leave an airport without informing the authorities first.

7 April 2018 11:17 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrencies hit hard on Indian exchanges after RBI clampdown

Government and the central bank have previously cautioned the public on cryptocurrencies.

7 April 2018 10:17 AM IST

Union minister C.R. Chaudhary

Poor Logistics costing India 14 per cent of GDP: MoS

Logistics Data Bank project is underway to make India's logistics sector more efficient through the use of information...

7 April 2018 6:22 AM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

Walmart completes due diligence

A deal is far from finalised, however, and talks between the two parties and investors in Flipkart are ongoing, said a...

7 April 2018 6:11 AM IST

Union finance ministry Arun Jaitley

Properties worth Rs 15,000 crore sold off

Indian banks have written off non-performing loans worth Rs 2.30 lakh crore for the five-year period ended March 2016.

7 April 2018 6:03 AM IST

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

Consumer confidence dips in March, says RBI survey

However, household's assessment of the current as well as the future price situation have broadly remained unchanged.

7 April 2018 5:51 AM IST

25 basis points were raised by the US Federal Reserve.

Global stocks slip as trade war escalates

US non-farm payrolls report could determine the pace of future Federal Reserve interest rate rises and the dollar's...

7 April 2018 5:43 AM IST

President Donald Trump

Trump threatens new $100 billion tariffs on China

China says it will fight back at any cost against US.

7 April 2018 5:24 AM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Rinfra moves HC seeking attachment of DMRC accounts

Delhi Metro Rail Corporation has only deposited Rs 306 crore.

6 April 2018 7:37 PM IST