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Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

3 April 2018 12:43 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)

ICICI borrowers advised on foreign loans by Chanda Kochhar's...

Avista was also involved in 2 transactions with Videocon Industries for reorganization and refinancing of FCCBs of $194...

3 April 2018 12:34 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

ATC completes Rs 3,800-crore mobile tower deal with Vodafone

This is a previously announced acquisition of Vodafone India's telecom site business.

3 April 2018 12:33 PM 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.

Cryptocurrency arbitrage boom fizzles in Asia, but profits persist

The boom has eaten away the spreads and shown how fast the galloping cryptocurrency markets can change course.

3 April 2018 12:22 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex turns choppy, Nifty tests 10,200 level

The NSE Nifty trading 29.95 points, or 0.29 per cent, lower at 10,181.85.

3 April 2018 9:58 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee opens 9 paise higher against US dollar

Rupee is trading at 65.09 against US dollar in opening trade on fresh selling of greenback by exporters.

3 April 2018 9:42 AM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Non-subsidised LPG price cut by Rs 35 per cylinder

Non-subsidised LPG cylinder now costs Rs 676 in Kolkata, Rs 625 in Mumbai and 663.50 in Chennai.

3 April 2018 9:34 AM IST

The fire broke out at the Samsung Electronics Co Ltd affiliates factory in the northern Chinese city of Tianjin earlier on Wednesday and has been extinguished, a Samsung spokesman said, adding that there were no casualties or significant impact to the plants operations.

Core sectors register 5.3 per cent IIP growth in February 2018

Steel production increased by five per cent in February, 2018 over February last year.

3 April 2018 8:56 AM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Fiscal deficit to be lower than revised estimates for 2017-18: Garg

India revised its fiscal deficit target to 3.5 per cent of GDP from an earlier 3.2 per cent of GDP for 2017-18 fiscal...

3 April 2018 8:43 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

SoftBank, Alibaba to invest USD 445 mn in Paytm E-commerce

Alibaba, an existing investor in Paytm E-commerce, is also putting in $45 million in the round.

3 April 2018 8:28 AM IST

The revenue grew marginally at 1.5 per cent in the December quarter of FY18 as against the prior year, compared with 0.8 per cent growth in September quarter and 8.8 per cent in the June quarter.

Pharma sector to see slow growth: Study

This is after mid-to-high double digit growth over last five years.

3 April 2018 2:07 AM IST

The government will meet the 3.5% fiscal deficit target for FY18 as broadly direct and indirect collections are in line with expectations and there have been some savings on expenditure, Hasmukh Adhia said.

Direct tax rises 17per cent in FY18; Rs 10Lakh-crore collected

There has been a sustained increase in the number of ITRs filed in the last four financial years,â€ said CBDT.

3 April 2018 1:52 AM IST