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Enforcement Directorate. (Representational Image)

ED raids Indiabulls offices in money-laundering case

The case was registered on the basis of an FIR filed in Palghar

22 Feb 2022 2:26 AM IST

LIC rescued IDBI Bank in 2019, infusing Rs 4,743 crore in October 2019 while the bank further raised Rs 1,435.1 crore in December 2020 via a qualified institutional placement. (Representational image/ Financial chronicle)

LIC may not fully exit IDBI Bank

While the government holds 45.48 per cent stake in IDBI Bank, LIC owns 49.24 per cent stake in the lender

22 Feb 2022 12:37 AM IST

Coronavirus has already had its toll on the Indian indices and the recent RBIs crackdown on Yes Bank has done further damage to the Indian stock market, say experts. PTI photo

Market falls again as Fed minutes hint at march hike

On Thursday bank stocks were the top losers, NSE's Bank Nifty and BSE's Bankex indices saw higher fall by 1.11% and...

18 Feb 2022 9:31 AM IST

Indias gems and jewellery exports were down 6.2 per cent in September at $3.3 billion as shipments of cut and polished diamonds slumped.

UAE slips to third slot in gems & jewellery exports

This year the US has returned to the top slot with a share of 38.7 per cent of the total gems and jewellery exports

18 Feb 2022 9:17 AM IST

The Superb iV employs a 1.4-litre TSI petrol engine mated to an 85kW electric motor.

Omega Seiki to make EV motors

The association will see the introduction of a new lightweight, compact trapezoidal stator radial flux (TSRF) motor

18 Feb 2022 9:05 AM IST

Vistara introduces three days of leave without pay for pilots in September. (PTI Photo)

Vistara gradually restoring certain services to pre-Covid levels

The airline also plans to improve its inflight entertainment offerings across its domestic and international network

16 Feb 2022 12:25 PM IST

Bombay Stock Exchange

Stocks succumb to global headwinds

Barring TCS all other Sensex and Nifty-50 stocks closed with sharp declines running up to 6.50 per cent

15 Feb 2022 9:33 AM IST

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)

ABG fraud detected relatively faster: FM

Nirmala Sitharaman defended the five years taken to file the first fraud complaint in the Rs 22,842 crore loan default...

15 Feb 2022 9:31 AM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

RBI Deputy Governor calls for outright cryptocurrency ban

Crypto-technology is underpinned by a philosophy to evade government controls, says deputy governor T. Rabi Sankar

15 Feb 2022 9:29 AM IST

The notification form is being filed in relation to Jaadhus proposed acquisition of a minority, the non-controlling shareholding of approximately 9.99 per cent of the fully diluted equity share capital in Jio Platforms, which is worth USD 5.7 billion.

Blackstone buys majority stake in ASK

Blackstone acquired 70 per cent stake from promoters and employees valuing the company at $1 billion

15 Feb 2022 9:27 AM IST

While the Consumer Price Index (CPI)-based inflation rose from 4.23 per cent in April to a six-month high of 6.3 per cent, food inflation soared from 1.96 per cent to 5.01 per cent in May. (Representational Photo:AP)

Inflation breaches RBI band in January

The RBI, which mainly factors in the CPI-based inflation, has been tasked to keep the inflation at 4%, with margin of 2%...

15 Feb 2022 9:25 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Sensex crashes over 1,500 pts in opening deals on geopolitical worries

The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals

14 Feb 2022 10:24 AM IST