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PNB has suspended 10 officers over the scam and referred the matter to CBI for investigation. (Photo: PTI)

PNB issued over 41,000 LoUs since 2011: Finance Ministry

Reserve Bank has stopped banks from issuing LoUs and Letters of Comfort for trade finance.

23 March 2018 10:49 AM IST

Bombay Stock Exchange

Sensex plunges over 400 points, Nifty cracks below 10,000

BSE Sensex plunged below the 33,000-level, plummeting 471.44 points, or 1.42 per cent, to 32,534.83.

23 March 2018 10:31 AM IST

Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: Twitter | ANI)

Note ban succeeded in unearthing black money: Jaitley

The circulation of high value came down to 13.34 lakh crore last December.

23 March 2018 10:11 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee slips 8 paise against dollar in early trade

Rupee is trading at 65.19 against the US dollar in early trade today on sharp losses in global equity markets.

23 March 2018 9:55 AM IST

Schrems first raised concerns in 2011 about how easy it would be for third-party apps to harvest data from the unwitting friends of Facebook users.

Tech firms got greater leniency globally, says expert

The present episode needs to be a deep wakeup call for the Indian nation.

23 March 2018 2:26 AM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.

Finance ministry asks NBFCs to adhere PMLA

The FIU, in the finance ministry, has published a list of 9,236 non-compliant NBFCs' which have not fulfilled their...

23 March 2018 2:26 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Trade war fears grip Sensex

The barometer finally ended lower by 129.91 points or 0.39 per cent at 33,006.27, ending its two-day gaining streak.

23 March 2018 2:25 AM IST

The bill, passed by Lok Sabha on March 15, was passed by the Rajya Sabha after Chairman M. Venkaiah Naidu held a meeting of leaders of Opposition parties, who had been protesting on various issues, resulting in adjournment of the Upper House. (Photo: File)

Gratuity of up to Rs 20 lakh soon to be tax-free

The bill will also empower the government to fix the period of maternity leave.

23 March 2018 12:48 AM IST

Idea and Vodafone today announcement their merger

Kumar Mangalam Birla to lead Vodafone-Idea soon-to-be merged entity

The merger of Vodafone-Idea -- which is set to dislodge the numero uno player Bharti Airtel.

22 March 2018 7:43 PM IST

CNG is seen as a clean fuel.

Govt to raise gas price to highest level in 2 years

Gas price was last hiked to USD 2.89 per mmBtu for Oct 2017 to Mar 2018 period from USD 2.48 in previous 6 months.

22 March 2018 6:04 PM IST

Dish TV has an active subscriber base of 15.5 million, while that of Videocon d2h stands at around 12.2 million.

Dish TV India, Videocon d2h merger completed

Dish TV India said it has duly filed required documents with the Registrar of Companies, Mumbai, Maharashtra.

22 March 2018 5:03 PM IST

Denham launched her investigation after weekend reports that Cambridge Analytica improperly used information from more than 50 million Facebook accounts. Facebook has suspended the company from the social network. (Representational Image)

Facebook to bring in changes to protect user data

Facebook said it is changing the login process in a way that will reduce the data that an app can seek.

22 March 2018 4:33 PM IST