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Govt may not extend MIP on steel products beyond October 4

Last month, the government extended the MIP on only 66 steel products for two months as against 173 items earlier.

5 Sept 2016 4:35 PM IST

Services growth hits 3-1/2 year high, room for rate cut: PMI

The Nikkei India Composite PMI Output Index, climbed from 52.4 in July to a 42-month high of 54.6 in August.

5 Sept 2016 4:29 PM IST

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Maruti to launch LCV Super Carry pan-India in phases

Presently, 50 dealers will be appointed for the sales of Super Carry in the five states.

5 Sept 2016 4:19 PM IST

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Vedanta to invest Rs 3,000 crore to double copper capacity

In April-June quarter of 2016-17, Vedanta's revenue from copper business stood at USD 696 million, lower by 21 per cent...

5 Sept 2016 3:59 PM IST

States get ready for 2nd phase of mines auction in September

The revenue to accrue from these mines over the next 50 years will be more than Rs 13,000 crore.

5 Sept 2016 3:51 PM IST

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SIT asks RBI to share data with agencies to check black money

The Supreme Court appointed SIT had in the past asked RBI to provide data on advance remittances and export outstanding...

5 Sept 2016 2:55 PM IST

Mutual Funds invest Rs 2,700 crore in stock market in August

In 2015-16, fund managers had invested over Rs 70,000 crore in the equity markets.

5 Sept 2016 2:24 PM IST

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Asian shares climb on fading US rate expectations

Hong Kong added 1.1 per cent in the afternoon while Shanghai ended up 0.2 per cent.

5 Sept 2016 1:09 PM IST

New RBI Governor Urjit Patel

Urjit Patel assumes charge as new RBI Governor

Patel has assumed charge effective September 4, 2016, after serving as deputy governor since January 2013.

5 Sept 2016 12:34 PM IST

Bombay Stock Exchange

Markets closed for Ganesh Chaturthi holiday

Trading will resume on Tuesday.

5 Sept 2016 10:45 AM IST

As Rajan departs, RBI opens door to Islamic finance

The proposal marks a shift in stance by the RBI, which has previously said Islamic finance could be offered through...

5 Sept 2016 10:43 AM IST

Telecom companies offer discounts to stop exodus to Jio

Telecom companies offer discounts to stop exodus to Jio

Leading telecom players are offering discounts to consumers who are trying to port their mobile number to Reliance Jio...

5 Sept 2016 1:59 AM IST