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In the race between the duo, the winner is e-ride. The newer models in online mobility services are growing rapidly, but the average order value of food aggregators is rather shrinking.

E-ride overtakes e-food in volume terms in Q2

The average order value of food tech has also been coming down over the last few quarters.

11 Dec 2019 1:34 AM IST

The countrys largest lender, State Bank of India (SBI), on Tuesday disclosed that the central banks inspection has found that it had under-reported bad loans by Rs 11,932 crore in 2018-19.

SBI under-reported close to Rs 12,000 crore bad loans

The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs...

11 Dec 2019 1:31 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Securitisation shores up retail loan growth figures

Consequently, the retail securitisation volume doubled last fiscal, and has soared 39 per cent in the first half.

11 Dec 2019 1:28 AM IST

It has been about 14 years since it was last sold in the country but back then an ICE powered it.

Electric revolution

Until recently, whenever we spoke about adapting electric vehicles to the automobile culture of India, many found it...

11 Dec 2019 12:19 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee rises 12 paise to 1-month high of 70.92 against US dollar

Forex traders said the Indian rupee gained ground on the back of stable crude oil prices and a weaker dollar index.

10 Dec 2019 6:50 PM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex tumbles nearly 250 points; Nifty ends below 11,900

BSE Sensex closed 247.55 points or 0.61 per cent lower at 40,239.88.

10 Dec 2019 4:10 PM IST

Hardeep Singh Puri

Efforts being made to boost exports: Minister

We are trying to provide whatever support you, as exporters, need from the government, MoS Hardeep Singh Puri said.

10 Dec 2019 2:15 PM IST

With no incentives from the government yet, and the continuing liquidity crisis and abject lack of consumer and market sentiment, passenger vehicle sales in India continue to head south for straight nine months.

Passenger vehicle sales decline marginally in November

Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to...

10 Dec 2019 11:39 AM IST

The Sensex fell 334.44 points or 0.82 per cent to settle at 40,445, while Nifty shed 96.90 points or 0.81 per cent to close at 11,921.50.

Sensex drops 33 points in early trade; IT stocks drag

The 30-share index was trading 33.67 points or 0.08 per cent lower at 40,453.76 in morning trade.

10 Dec 2019 10:12 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee rises 10 paise to 70.94 against US dollar in early trade

Forex traders said investors were optimistic about the US-China trade talks.

10 Dec 2019 10:05 AM IST

BCCI President Anurag Thakur

Currency in circulation rises to Rs 21 lakh crore as on March 2019:...

MoS Finance Anurag Thakur was responding to a query whether currency notes in circulation increased post-demonetisation.

10 Dec 2019 9:25 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Glitches at BSE, NSE cause trouble for investors in OFS

According to sources, exchanges system is not able to handle such a large number of transactions at the closing time.

10 Dec 2019 1:35 AM IST