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Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

NPAs to rise to Rs 9.5 lakh crore by March-end: report

Growth of ARCs is expected to come down significantly owing to capital constraints.

22 Jan 2018 3:27 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold glitters on global uptrend, higher buying

A global upward move and increased buying by local jewellers pushed up gold prices by Rs 225 per 10 grams.

22 Jan 2018 3:21 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL may acquire MRPL in cash, share-swap deal

India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.

22 Jan 2018 2:18 PM IST

McDonalds India has terminated the franchise agreement for 169 fast-food outlets in north and east India run by CPRL.

NCLT direct McDonald's to reply show cause notice for contempt

High court in November had put a stay on the NCLT notice after McDonald's challenged the order.

22 Jan 2018 1:37 PM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

India's economy turning around, GDP to clock 7 pc in H2: Kochhar

ICICI Bank chief said the full fiscal GDP growth for 2017-18 should also be in excess of 6.5 per cent.

22 Jan 2018 1:08 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs net inflow at Rs 8,700 cr in capital markets in Jan so far

FPIs infused in a net amount of Rs 5,769 crore in equities and Rs 2,940 crore in debt markets during January 1-19.

22 Jan 2018 12:36 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex range-bound in late-morning trade, Nifty above 10,900

BSE Sensex trading higher 112.27 points or 0.32 per cent to trade at 35,623.85.

22 Jan 2018 12:31 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

Over 20 pc of TCS' hiring in last 12 months was outside India

In Oct-Dec 2017 quarter alone, Mumbai- headquartered firm recruited almost 3,000 people from outside India.

22 Jan 2018 11:09 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's fiscal deficit may widen to 3.5 pc in FY19: report

Indian economy is expected to remain on a recovery path, and is likely to improve to 7.5 per cent in 2018-19.

22 Jan 2018 10:57 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex hits new peak at 35,664.01, Nifty at 10,926.45

The 30-share index rose by 152.43 points, or 0.42 per cent, to hit a new high of 35,664.01.

22 Jan 2018 10:05 AM IST

Yesterday, the rupee ended 4 paise down at 66.96 against the US dollar on fresh demand for the American currency

Rupee down 10 paise against dollar in early trade

Rupee is trading at 63.94 against the US dollar in early trade at interbank foreign exchange.

22 Jan 2018 9:58 AM IST