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Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Oil prices climb as positive China factory data eases demand concerns

World's top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.

30 Sept 2019 9:26 AM IST

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.

Govt may sell stake in Bhel and other PSUs

Hindustan Copper had recorded a net profit of Rs 145.74 crores in 2018-19, which was a humungous 83 per cent more than...

30 Sept 2019 6:16 AM IST

Retail onion prices are ruling at around Rs 60-80 per kg.

Onion export ban to check price rise

The move comes days after prices of this basic kitchen staple snowballed across India.

30 Sept 2019 6:09 AM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC Bank's HDIL exposure is 73 per cent of loan book, way above RBI...

The admission came in after a board member leaked the actual balance-sheet details to the Reserve Bank, a source in know...

30 Sept 2019 1:48 AM IST

Earlier, Indias spice industry had raised concerns over increase in black pepper imports from Sri Lanka since August despite local prices in the neighbouring country dropping below the MIP set by the Indian government.

Sri Lanka faults India for setting pepper MIP high

Sappta has also questioned the use of Free Trade Agreements if such restrictions prevent exports from their country.

30 Sept 2019 1:41 AM IST

Reserve Bank of India (RBI)

RBI to cut rates again on Friday

However, economists differ on the quantum of the rate cut ranging from 15 basis points to 50 basis points.

30 Sept 2019 1:38 AM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

DHFL lenders led by SBI expected to complete debt resolution plan...

DHFL said, the company, in the past 12 months has repaid obligations of nearly Rs 45,000 crore.

29 Sept 2019 6:14 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC's HDIL loan at Rs 6,500 cr, or 73 pc of total loan book: Ex-MD...

The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.

29 Sept 2019 6:02 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since...

29 Sept 2019 4:33 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durable manufacturers look forward to festive season for...

Manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact...

29 Sept 2019 3:50 PM IST

Onion prices crashed by Rs 321 to Rs 250 per quintal on Wednesday.

Govt bans export of onion with immediate effect

Export of all varieties of onions...is prohibited with immediate effect, said Directorate General of Foreign Trade.

29 Sept 2019 2:50 PM IST

The belief is this would force departments to show efficiency and necessity for funds.

Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to...

29 Sept 2019 2:38 PM IST