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The Comptroller and Auditor General (CAG) conducted the audit of six private telecom service providers and submitted its audit report.

Trai eyes changes in MNP rules to put an end to request rejection

The rejection may be due to wrong submission or incorrect entry of UPC content by potential subscriber at point of sale...

16 Aug 2017 9:14 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank slashes interest rate on savings account by 1 per cent

The bank has also slashed interest rate on savings accounts to 6.25 per cent from existing 6.5 per cent for deposits...

16 Aug 2017 8:59 PM IST

Finance ministry has come down heavily on the state-owned general insurers for running their group health insurance business in perennial losses.

FinMin warns state-owned insurers of perennial group mediclaim losses

Finance ministry wrote to state-run general insurers to put in place an appropriate mechanism for pricing group health...

16 Aug 2017 8:46 PM IST

Defence Minister Arun Jaitley said the country faced two serious threats one in Jammu & Kashmir and second being problem of Left-Wing Extremism in central India. (Photo: PTI)

CBDT probes source of data on Modi's I-Day speech on black money

Finance Minister Arun Jaitley cleared the air on any 'confusion' regarding Modi's Independence Day speech on black...

16 Aug 2017 8:20 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

MPC warns inflation rise; says there is space for banks to cut lending...

The RBI cut the main policy rate by 25 basis points to a more than 6-1/2 year low of 6.00 percent on August 2.

16 Aug 2017 7:54 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Govt to set up 'Alternative Mechanism' to expedite strategic...

It will consist of Finance Minister, Road Transport and Highways Minister and Minister of Administrative Department.

16 Aug 2017 7:27 PM IST

Indian Oil Corporation

Malaysia-owned Petronas expresses interest in IOC's LNG terminal

Petroliam Nasional Bhd, or Petronas has expressed interest in taking a stake in the Ennore plant.

16 Aug 2017 7:02 PM IST

Prime Minister Narendra Modi on Sunday addressed the nation in the 34th episode of the monthly Mann Ki Baat programme. (Photo: PTI)

Modi govt beefs up surveillance on shell firms in war against 'black...

Modi's office has formed a team of top law enforcement and revenue officials to go after such companies.

16 Aug 2017 6:20 PM IST

The average shareholding of retail investors in Indian firms is relatively less at less than 10 per cent and therefore their share in the overall gains would be relatively smaller.

Portfolio managers in demand; total AUM rises to Rs 13 lakh crore

Portfolio manager is a body which advises or undertakes the management of a portfolio of securities of a client.

16 Aug 2017 5:41 PM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.

Sensex closes at one-week high, Nifty tops 9,000 mark

There was unabated buying by domestic investors amid firm global cues on receding tensions between the US and North...

16 Aug 2017 4:56 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI likely hold policy rate, watch inflation: HSBC

The brokerage attributed the jump in inflation numbers to rising vegetable prices.

16 Aug 2017 4:27 PM IST

The HUDA has failed to pay the electricity bills of Rs 5 crore that ended on April 30, this year. (Representational Image)

Discoms save Rs 15,000 crore under UDAY scheme

Average Cost of Supply and Average Revenue Realised gaps have come down by almost 14 paise per unit.

16 Aug 2017 3:46 PM IST