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FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

FDI up 17 pc to $25.35 billion during April-Sept this fiscal

Strong inflow of foreign investments will help improve the country's balance of payments situation.

25 Nov 2017 10:48 AM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

S&P's stable outlook 'huge endorsement' of govt policies: Goyal

S&P kept its sovereign rating for India unchanged at 'BBB-minus' with 'stable' outlook.

25 Nov 2017 10:42 AM IST

Representational image of gold bars.

Govt fixes Sovereign Gold Bond rate at Rs 2,961 per gram

Minimum investment in the bonds is one gram, with a maximum limit of 500 grams per person, per fiscal year.

25 Nov 2017 10:36 AM IST

Ready made garments exports dipped by about 40 per cent to USD 829.44 million in October.

Govt doubles incentives rates for garments, made-ups to 4 pc

Estimated annual incentives will be Rs 1,143.15 crore for 2017-18 and Rs 685.89 crore for 2018-19.

25 Nov 2017 10:34 AM IST

Air India CMD Rajiv Bansal. (Photo: PTI)

Air India CMD Rajiv Bansal gets 3 months extension

Senior IAS officer Bansal took over the reins of the disinvestment-bound national carrier in August.

25 Nov 2017 10:17 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

New bankruptcy rules to hit banks

There are promoters who want to regain control over the company by offering the most competitive bids during the...

25 Nov 2017 1:43 AM IST

Standard & Poors is an American financial services company. (Photo: File)

S&P still keeps India poor'

Cites higher debt to refuse a rating upgrade; lauds Modi's reforms.

25 Nov 2017 1:39 AM IST

After the Delhi Metros Majenta line gets operational, Botanical Garden will be the first interchange station outside Delhi. (Representational Image | PTI)

Fare hike costs Delhi Metro three lakh commuters a day

Metro's daily average ridership came down to 24.2 lakh in October from 27.4 lakh in September.

24 Nov 2017 7:27 PM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee skids from 3 week high to 64.70, down 12 paise

RBI, meanwhile, fixed the reference rate for the dollar at 64.7328 and for the euro at 76.7213.

24 Nov 2017 7:19 PM IST

The RBI on Saturday said linking of Aadhaar with bank accounts is mandated under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.

Department of Posts extends AADHAAR enrolment facility in Tamil Nadu

The 70 post offices in Tamil Nadu circle had made 14,756 transactions till date, it said

24 Nov 2017 7:02 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ailing' banking industry as the increasing Non Performing Assets.

24 Nov 2017 6:40 PM IST

Indias forex reserves have shot up considerably.

Forex reserves rise by USD 240.4 million to USD 399.53 billion

Country's reserve position with Fund increased by USD 12.1 million to USD 2.273 billion.

24 Nov 2017 6:32 PM IST