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Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Indian Banks need $65 Billion to meet Basel-III

The NPL resolution process being led by RBI could potentially release capital if recovery rates are high.

13 Sept 2017 4:15 AM IST

Keep stepping up your investments every year. As your income rises with each passing year, it becomes possible to invest higher amounts.

Step up your SIP money every year

Periodic increment in monthly investment will help you beat inflation and achieve your goals within an optimal timeline.

13 Sept 2017 2:18 AM IST

Consumer inflation in August jumped to 3.36 per cent.

Inflation at a 5-month high, rate cut unlikely

Growth in IIP, but only 1.2 per cent.

13 Sept 2017 1:22 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Jet Airways more than doubles net at Rs 53.5 cr in Q1

Total income of the Naresh Goyal-promoted airline rose to Rs 5,953 crore from Rs 5,341 crore.

12 Sept 2017 8:06 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

India's August fuel demand declines 6.1 per cent, most in 14 years

LPG sales rose 11.8 per cent to 2.06 mt while kerosene usage declined by more than 41 per cent to 2,92,000 tonnes.

12 Sept 2017 7:58 PM IST

Infosys co-founder and former CEO Nandan Nilekani. (Photo: PTI)

Nilekani return may need open offer by Infosys promoters: SES

SES explained that Murthy was able to get "his people" appointed on the Board, forcing exit of other directors.

12 Sept 2017 7:34 PM IST

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

Foreign investors get to up stake in Capital First to 50 per cent

Company has passed a resolution that has mandated the hike in limit of investment from FIIs and FPIs.

12 Sept 2017 7:27 PM IST

The Minister of Law and Justice, Ravi Shankar Prasad, said the government has been of view that Right to Privacy should be fundamental right. (Photo: PTI)

Firms to face action for releasing data with name: Prasad

Government is committed to make best use of big data in establishing rule of precision governance.

12 Sept 2017 7:19 PM IST

A total of eight out of 23 industry groups in the manufacturing sector grew in July 2017 compared to the corresponding month last year.

Manufacturing drags down IIP growth to 1.2 per cent in July

During April-July, IIP grew by 1.7 per cent, down from 6.5 per cent in the same period last year.

12 Sept 2017 6:48 PM IST

The Sensex garnered 847.96 points 3.14 per cent last week.

Nifty nears 10,100-mark as North Korea, Irma concerns ease

The market capitalisation of listed firms on the NSE stood at Rs 13,427,166 crore.

12 Sept 2017 6:40 PM IST

Unusual cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

70 per cent people want scrapped Rs 1000 note back, claims survey

Over 86 per cent of the total Rs 16.24 trillion value of banknotes in circulation as of March 2016.

12 Sept 2017 6:27 PM IST

Industrial output or IIP rose 1.2 per cent in July. Photo: PTI

India's industrial output recovers 1.2 per cent in July

IIP or industrial output had contracted by 0.2 percent year-on-year in June.

12 Sept 2017 6:05 PM IST