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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.Business
States allowed to set up crop insurance firms to execute PMFBY

During the 2017-18 crop year (July-June), 4.79 crore farmers have been covered under PMFBY.

2 April 2018 2:26 PM IST

German car major Volkswagen (VW) today said it has appointed Bishwajeet Samal as marketing head for India operations with effect from June this year.Business
Volkswagen appoints Bishwajeet Samal as marketing head

Samal is currently responsible for regional marketing, international communications at Volkswagen AG, Germany.

2 April 2018 1:55 PM IST

Honda 2017 Activa-iBusiness
HMSI recalls 56,194 units of Aviator, Activa 125, Grazia

Recall will cover units of the three models manufactured from February 7, 2018, to March 16, 2018.

2 April 2018 1:53 PM IST

Several investment-linked sectors such as real estate and capital goods continue to face headwinds. (Representational image)Business
PE investments fall 49 pc to USD 3.7 billion in Jan-Mar: report

The investment amount was also 29 per cent lower than the December 2017 quarter.

2 April 2018 1:35 PM IST

Hyundai Motor India Ltd (HMIL) today reported a 8.8 per cent increase in total sales at 60,507 units in March 2018.Business
Hyundai sales up 9 per cent in March at 60,507 units

The company had sold 55,614 units in March last year, HMIL said in a statement.

2 April 2018 1:20 PM IST

Paytm has revamped its app to make it even more user friendly and intuitive.Business
Paytm aims exponential growth; revamps app for better user interface

The new update personalises the app experience for the user, showcasing frequent use cases at a customised level.

2 April 2018 12:58 PM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.Business
ICICI Bank's board to meet today

ICICI Bank pointed out that the board meeting is routine in nature.

2 April 2018 12:51 PM IST

Leading stock exchange BSE will auction investment limits for foreign investors to purchase government bonds worth over Rs 11,000 crore tomorrow.Business
BSE to auction investment limits for Rs 11,000 crore govt bonds

The auction for investment limits for such securities has been receiving a good response from FPIs.

2 April 2018 12:42 PM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.Business
Rupee may hit 67 against dollar in FY2019

Investor sentiment will be cautious, weighing on the local currency, as three major states are going to polls this year.

2 April 2018 12:30 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI may agree on raising FPI limit on G-Secs to 6-7 per cent

RBI and the ministry are in the final stages of discussions for increasing the FPI limits from April 1, 2018.

2 April 2018 12:13 PM IST

Policybazaar.com, Indias largest insurance website and comparison portal, is planning to foray into the healthcare technology and services space.Business
Policybazaar.com to foray into healthcare, technology

To begin with, the company intends to partner with 100 hospitals and 20,000 doctors.

2 April 2018 12:11 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.Business
ICICI Bank shares tumble on probe reports, RBI fine

Shares of ICICI Bank, India's third-largest lender, plunged 7 per cent to a five-month low.

2 April 2018 11:43 AM IST

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