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Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit at 120 per cent of revised estimates at Feb-end

Fiscal deficit or gap between total expenditure and revenues has been pegged at 3.3 per cent for 2018-19.

28 March 2018 5:03 PM IST

Uber CEO Dara Khosrowshahi. (Photo: AP)

Will invest whatever we have to for success in India: Uber CEO

Uber has been pumping in substantial funds to fuel its growth in India.

28 March 2018 4:38 PM IST

Bombay Stock Exchange

Sensex skids 206 points; ends FY18 with 11.30 per cent gains

The broader 50-share index Nifty also ended 70 points lower at 10,113.70.

28 March 2018 4:19 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

Banks anticipate tough Q4 as RBI tightens NPA norms

State Bank of India and PNB has deposited significantly lower advance tax during the quarter.

28 March 2018 3:50 PM IST

US-based Cognizant posted an overall 86 per cent jump in June quarters net profit at USD 470 million.

Paid all applicable taxes, I-T dept's position without merit:...

Company believes that the positions taken by the Indian Income Tax Department are contrary to law and without merit.

28 March 2018 2:41 PM IST

Inflation based on the Wholesale Price Index was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.

Inflation fears overdone; rate cut likely in August: report

Inflation risks are overdone and March inflation is likely at 4.2 per cent, down from December's 5.2 per cent.

28 March 2018 2:25 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank discloses fraud of USD 119 million, shares fall

IDBI Bank fraudulent loans of 7.72 billion rupees were issued from 5 of its branches in Andhra Pradesh and Telangana.

28 March 2018 1:29 PM IST

Representational image of gold bars.

Gold rises marginally despite weak global cues

Gold is trading at Rs 30,953 per 10 gram as speculators created positions, ignoring weak global cues.

28 March 2018 12:28 PM IST

On NSE, shares of the company plunged 10.57 per cent to Rs 127.20.

Fortis Healthcare shares dive 11 pc on hospital business demerger

The stock, after making a weak opening, cracked 9.96 per cent to Rs 128.25.

28 March 2018 12:21 PM IST

Aeronautical Development Agency (ADA) which has jointly developed the fourth generation aircraft with Hindustan Aeronautics Limited (HAL), is now ready to develop the stealth fighter aircraft.

Hindustan Aeronautics stock falls 5 per cent in trading debut

The scrip listed at Rs 1,169, a loss of 3.78 per cent on BSE.

28 March 2018 12:09 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

PE investments hit all-time high of USD 21 bn in 2017: report

The top four IPOs, all in the insurance sector, accounted for 55 per cent of overall IPO equity raised.

28 March 2018 11:30 AM IST

Under the provisions of recently introduced section 139AA of the Income-Tax Act, 1961, with effect from July 1, 2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link the same with PAN. (Photo: Representational Image)

CBDT extends deadline for linking Aadhaar with PAN

CBDT extended deadline for linking the Permanent Account Number (PAN) with Aadhaar to June 30.

28 March 2018 10:40 AM IST