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Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI may hike repo rate by 0.25 per cent in 2018: report

The key repo rate at which it lends to the system stands at 6 per cent currently.

9 March 2018 5:22 PM IST

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

CCI clears RCom's plans to sell infra assets to Jio

Jio nor RCom had divulged the size of the deal, sources have pegged the transaction value at Rs 18,000 crore.

9 March 2018 5:14 PM IST

Last year, Airbus rival Boeing has started construction of its first overseas facility in Chinese port city of Zhoushan as part of its plans to produce 737 planes.

Airbus aims to deliver 1 aircraft per week over 10 years in India

Domestic traffic in India is expected to grow five-and-half times over the next 20 years

9 March 2018 5:01 PM IST

Bombay Stock Exchange

Sensex ends marginally lower on late sell-off

Sensex finished 43 points lower at 33,307.14 after a bout of fag-end selling wiped out early gains.

9 March 2018 4:21 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC to sell OPaL stake to fund HPCL buy

ONGC had borrowed money from banks to buy government's 51.11 per cent stake in HPCL for Rs 36,915 crore.

9 March 2018 4:16 PM IST

80% of bank accounts and 60% of mobile connections have been linked with Aadhaar, according to a UIDAI official .

16.65 crore PAN, 87.79 crore bank A/c linked to Aadhaar: Govt

Govt has mandated submission of 12-digit unique identity number Aadhaar by every bank account holder by Mar 31, 2018.

9 March 2018 3:29 PM IST

Virat Kohli at an awards function. (Photo: PTI)

Uber ropes in Virat Kohli as brand ambassador in India

Uber India's association with Virat Kohli will lay the foundation for a host of brand-led interventions in 2018.

9 March 2018 2:08 PM IST

Parag Agrawal. (Photo: Twitter.com)

Twitter appoints Parag Agrawal as chief technology officer

Agrawal, an alumnus of IIT-Bombay and a PhD in Computer Science from Stanford University.

9 March 2018 2:00 PM IST

As a part of this investment, Alta Motors will provide Harley-Davidson with its technical expertise in building EV drivetrains.

Harley-Davidson invests in a startup to develop electric bikes

The Milwaukee company will work closely with Alta Motors to develop its electric motorcycle range.

9 March 2018 1:09 PM IST

CAG has found that there was inadequacy of effort by state-run power equipment maker BHEL for diversification and increasing competitiveness.

BHEL bags Rs 11,700 cr order for setting up thermal power plant in...

BHEL said commissioning of project would also lead to phasing out of the old fleet of sub-critical units presently...

9 March 2018 12:47 PM IST

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

PNB may be given 1 year to provision against Rs 12,646 cr fraud

Bank has written a letter to banking sector regulator seeking its opinion on making provisions for fraud.

9 March 2018 11:29 AM IST

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

Indian economy will continue to have V-shaped recovery: Garg

In first quarter of current fiscal, GDP grew at 5.7 pc, while the second quarter growth stood at 6.5 per cent.

9 March 2018 11:11 AM IST