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The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank employees to go on 2-day strike

All India strike in IDBI Banks will be conducted on October 24 and 25 by employees.

13 Oct 2017 8:24 PM IST

Reliance Jio is subsidiary of Reliance Industries.

Reliance Jio Q2 loss at Rs 270.5 crore

Total income of Reliance Jio from operations came in at Rs 6,148.7 crore in the September quarter.

13 Oct 2017 8:21 PM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Irdai gets 5 applications for non-life, reinsurance business

Irdai has not received application from any new life insurance company so far.

13 Oct 2017 8:15 PM IST

Vistara is a joint venture between Tata Sons and Singapore Airlines. (Photo: PTI).

Vistara partners with Avis to offer car rental services to passengers

Customers booked on a Vistara flight can opt for this service at the time of booking a ticket or later.

13 Oct 2017 7:29 PM IST

Last year, trade growth in Asia slowed to 2.3 per cent, below the global average of 2.7 per cent.

India's trade deficit drops to 7-month low of USD 8.98 billion in...

Goods imports last month were USD 37.6 billion, a gain of 18.09 percent from the same period in 2016.

13 Oct 2017 7:03 PM IST

During April-December period, exports grew marginally by 0.75 per cent USD 198.8 billion.

Export soars 25.67 per cent to USD 28.61 billion in Sept

Trade balance stood almost flat at USD 8.98 billion in September 2017 against USD 9 billion in September 2016.

13 Oct 2017 7:02 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Need stronger bank balance sheets to tackle NPAs: N S Vishwanathan

As on March 2017, gross NPAs of banks was 10 per cent of total exposure, mostly in public sector.

13 Oct 2017 6:21 PM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Gold jewellery biz may lose shine this Dhanteras due to GST

In a relief to the industry, the government has removed jewellery dealers from purview of PMLA.

13 Oct 2017 6:18 PM IST

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea shares jump 6 per cent; mcap surges by Rs 1,594 cr

Company's market valuation rose by Rs 1,593.6 crore to Rs 28,460.60 crore.

13 Oct 2017 6:11 PM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

9 crore people given loans of Rs 4 lakh cr under Mudra scheme

Under the scheme 80 per cent are women and 55 per cent from OBC, SC and ST categories.

13 Oct 2017 5:57 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance Industries Q2 profit up 7.3 per cent, lags estimates

Analysts on average had expected a standalone profit of Rs 88.05 billion, according to Thomson Reuters data.

13 Oct 2017 5:54 PM IST

Bharti Airtel is largest telecom operator in terms of subscriber base. (Photo: AFP)

Airtel up 8 per cent, mcap surges Rs 12,613 cr on Tata mobile unit...

At NSE shares of the company surged 7.65 per cent to end at Rs 430.90.

13 Oct 2017 5:49 PM IST