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Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI likely to go for further policy easing in Oct 4 meet

The central bank has already reduced the key policy rate four times in the current calendar year

13 Sept 2019 1:38 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil futures up on spot demand

Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.

13 Sept 2019 1:04 PM IST

Internet services, landline and mobile phones were snapped across Jammu and Kashmir on August 4, a day before the Centres announcement to scrap the special status of Jammu and Kashmir and divide it into two union territories. (Representational image)

Lost your mobile phone? No worries, govt will help you locate it

Ravi Shankar Prasad will now launch the web portal to report theft of phones in Maharashtra today.

13 Sept 2019 12:58 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys announces launch of the Live Enterprise Suite

Among others, the suite helps enterprises "reimagine" business processes by applying sentient principles to simplify...

13 Sept 2019 12:43 PM IST

China warned on Tuesday it would never accept any form of blackmail after US president Donald Trump said his decision to withdraw from a nuclear pact with Russia was also linked to Beijings arsenal.(Photo: Representational | AFP)

US, China trade war could lower global GDP by 0.8 per cent in 2020:...

IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already many facing challenges.

13 Sept 2019 11:56 AM IST

Electro Rent announces Jay Geldmacher new global CEO

Geldmacher will succeed current Electro Rent, CEO Nigel Brown, who is retiring from day-to-day service but will remain...

13 Sept 2019 11:31 AM IST

ViewSonic is utilizing its core competencies toward offering education solutions. (Representational image)

How live streaming platforms can become a catalyst in transforming...

A huge contributory role can be said to have been played by the live video streaming platforms like Bigo live and video...

13 Sept 2019 11:23 AM IST

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.

BoB committee to meet next week to consider raising funds

The bank, however, did not elaborate on the quantum of funds it plans to raise.

13 Sept 2019 10:54 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Market opens on a positive note; Yes Bank cracks 4 per cent

The 30-share index pared most gains to trade 9.23 points, or 0.02 per cent, higher at 37,113.51.

13 Sept 2019 10:21 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee rises 26 paise against USD in early trade

At the interbank foreign exchange the rupee opened at 70.94, then gained further ground and touched a high of 70.88.

13 Sept 2019 10:11 AM IST

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

DHFL, Altico default on payments

Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.

13 Sept 2019 9:12 AM IST

Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST