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RBI cuts MSF rate by 0.5 pc to improve liquidity

Mumbai: The Reserve Bank reduced the marginal standing facility (MSF) rate, at which banks borrow from it, to 9 per cent...

7 Oct 2013 9:30 PM IST

Rupee falls 35 paise to 61.79 against dollar as stocks decline

The rupee on Monday retreated from a 7-week high, dropping 35 paise to close at 61.79 against the dollar, after stocks...

7 Oct 2013 8:46 PM IST

Arundhati Bhattacharya appointed SBI’s first woman chairperson

Arundhati Bhattacharya, the youngest managing director and CFO who had put in more than 3 decades in State Bank of...

7 Oct 2013 8:37 PM IST

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Air India privatisation essential, but -"time not ripe now-": Ajit...

New Delhi: Civil Aviation Minister Ajit Singh stuck to his stand regarding the future privatisation of Air India, but...

7 Oct 2013 7:00 PM IST

Arundhati Bhattacharya becomes 1st woman to head SBI

Mumbai: Arundhati Bhattacharya was on Monday appointed chairperson of State Bank of India (SBI), the first woman to head...

7 Oct 2013 6:50 PM IST

Ashok Leyland expands LCV biz; launches 'Stile' MPV

New Delhi: Hinduja Group flagship Ashok Leyland launched a multi purpose vehicle (MPV) 'Stile', with price starting at...

7 Oct 2013 5:40 PM IST

Sensex snaps 3-day winning run, down nearly 21 points

After falling over 260 points in early trade, the Sensex today managed to recoup most of its losses to end with just a...

7 Oct 2013 5:37 PM IST

Gold futures up on firm global cues

Gold futures up on firm global cues

Gold futures prices rose by 0.79 per cent to Rs 29,000 per 10 gm on Monday as speculators enlarged their positions on...

7 Oct 2013 5:31 PM IST

RBI to relax norms for forex futures after rupee stabilises

RBI to relax norms for forex futures after rupee stabilises

Reserve Bank on Monday said it will look at easing restrictions on the forex futures market once stability improves in...

7 Oct 2013 5:27 PM IST

Sensex snaps 3-day winning run, down nearly 21 points

Mumbai: After falling over 260 points in early trade, the Sensex managed to recoup most of its losses to end with just a...

7 Oct 2013 5:20 PM IST

Now, brew beer with your smartphone!

Now, brew beer with your smartphone!

New York: Want to brew your own beer, butknow nothing about it Help is at hand! Researchers have developed a...

7 Oct 2013 11:30 AM IST

Bharti, Walmart may split

New Delhi: The world’s largest retailer Walmart and Sunil Bharti Mittal led Bharti Enterprise may part ways in the...

7 Oct 2013 9:00 AM IST