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Shares of housing finance companies (HFCs) fell sharply after Reserve Bank of India directed all categories of lenders to link their loan interest rates to an external benchmark from next month coinciding with the festive season.

Housing industry seeks tax sops, lower rates

Industry finds that the stress fund allocated to the housing sector with several riders will not increase demand among...

17 Sept 2019 1:27 AM IST

Amazon sees 50 per cent more sales this year

Kicking off the first road show in the capital, the senior officials of Amazon India said they would hold similar shows...

17 Sept 2019 1:24 AM IST

A considerable part of Irans gas could be exported via the existing Turkmenistan-China gas pipeline and new oil pipelines can be constructed on the same route.

Oil-sensitive stocks dip

The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil...

17 Sept 2019 1:22 AM IST

Electric vehicle is the future transport.

TN govt unveils electric vehicle policy with slew of sops

Tamil Nadu Electric Vehicle Policy 2019 has been prepared to promote manufacturing of electric vehicles, an official...

16 Sept 2019 8:04 PM IST

Economic Affairs Secretary Shaktikanta Das

5 pc Q1 growth surprise; economy will look up with measures taken: RBI...

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sept 2019 7:28 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Saudi assures India of no oil supply shortage: Oil Min

A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up...

16 Sept 2019 7:17 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Working towards early resolution of trade issues with US: Goyal

India and US are negotiating a trade package by ironing out trade issues with an aim to promote the two-way commerce.

16 Sept 2019 5:09 PM IST

With a focus on 5G technology, digitization will be faster, deeper and farthest.

Unsold spectrum resulted in Rs 5.4 lakh crore losses, claims BIF

BIF said the reserve price of 5G spectrum is 'too high', works out to be 4 times higher than other countries.

16 Sept 2019 4:56 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex drops 262 points as crude oil prices boil

After plummeting 356 points, the 30-share index ended 261.68 points, or 0.70 per cent, lower at 37,123.31.

16 Sept 2019 3:53 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold prices rally Rs 460 on weak rupee, rise in crude prices

In the bullion market, gold prices for 24 Karat rose to Rs 38,860 per 10 gram from Saturday's closing price of Rs...

16 Sept 2019 3:44 PM IST

Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India Assets Holdings' bond issue fully subscribed; raises Rs...

The company received bids worth Rs 20,830 crore. AI has decided to accept the entire issue of Rs 7,000 crore, the...

16 Sept 2019 3:32 PM IST

Currency experts have a bullish outlook for the rupee this week.

P-note investments continue to drop; stands at Rs 79,088-cr in Aug-end

The use of P-notes has been on a decline since 2017 and slumped to a nine-and-a-half year low of Rs 66,587 crore in...

16 Sept 2019 3:19 PM IST