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Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak Bank and RBI smoke peace pipe

As on date, the shareholding of promoter Uday Kotak, who is also the MD & CEO of Kotak Bank, and the promoter group,...

31 Jan 2020 1:34 AM IST

The United States has expressed concern over restrictions on journalists in Pakistan after the countrys authorities denied entry to the head of Committee to Protect Journalists (CPJ) Steven Butler. (Photo: File)

US economy growing moderately in 4th qtr; likely missed Trump's 3 pc...

The Trump administration's 18-month-long trade war with China last year fueled fears of a recession.

30 Jan 2020 2:06 PM IST

HDFC customers who want to subscribe to IPO of Ujjivan Small Finance Bank (closing on December 4) and buy Sovereign Gold Bonds (December 2 to December 6) through the bank are suffering.

RBI imposes Rs 1 crore penalty on HDFC Bank

A notice was issued to the private lender to show cause as to why penalty should not be imposed for non-compliance with...

30 Jan 2020 1:54 PM IST

Chinese currency notes: The yuan

Asian currencies fall as worries mount over coronavirus epidemic

The Chinese offshore yuan fell 0.2 per cent to 6.9849 per dollar, reversing Wednesday's gains.

30 Jan 2020 1:42 PM IST

Private sector lender Axis Bank on Tuesday failed to meet street expectations as it reported higher slippages and had higher write-offs during Q1FY20.

Axis Bank to raise up to Rs 4,175 crore via NCDs

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

30 Jan 2020 12:14 PM IST

JLR expects the 7-seater fifth generation Land Rover Discovery to boost the sales given the petrol option and the lower prices starting from Rs 71.38 lakh for the petrol option.

JLR CEO Ralf Speth to retire in Sep: Tata Motors

Speth will maintain his relationship with the Tata Motors-owned firm by taking up the role of non-executive vice...

30 Jan 2020 11:09 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

BJP recommends tax tweaks to attract foreign investors

India charges 15 per cent short-term capital gains tax if equity shares are sold within a year and at 10 per cent if...

30 Jan 2020 11:00 AM IST

Facebook said in an emailed statement that it was evaluating its legal options regarding the case. (Photo: AP)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM IST

The share of gold provided by local refineries has fallen by one-third in the first nine months of 2019. The gold in the bullion market was available at a discount for some months, making refining unviable.

India's gold demand falls 9 pc on record prices in 2019: WGC

The domestic gold price finished 2019 just above Rs 39,000 per ten grams.

30 Jan 2020 10:47 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee slips 19 paise to 71.47 against US dollar in early trade

The rupee opened weak at 71.39 at the interbank forex market and then fell further to 71.47, down 19 paise.

30 Jan 2020 10:44 AM IST

The management of Radar has built and exited 3 different businesses themselves which helps the sensitise first time and even veteran entrepreneurs.

Radar India advisors scales a new high

The start-up ecosystem seems to be holding up the jury is still out on this as these are still early days.

30 Jan 2020 10:39 AM IST

Chinas stock market has been overtaken as the worlds second-biggest by Japans, having been swiped this year by the threat of a trade war with the United States.

Global Markets: Virus fears push Asian stocks to seven-week low

MSCI's broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS fell 1.7 per cent to an almost seven-week low.

30 Jan 2020 10:29 AM IST