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Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex crashes 770 points following weak macroeconomic data

A slew of recent macroeconomic data on GDP, core sectors and auto sales are pointing towards a deepening economic...

3 Sept 2019 3:46 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Union Cabinet clears over Rs 9,000 cr capital infusion in IDBI Bank

Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash...

3 Sept 2019 3:15 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Merger woes: Bank officers associations to meet in Delhi on Sept 5

All the general secretaries of all banks' officers associations will meet there and finalise the action program to...

3 Sept 2019 2:59 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 global cues

Analysts said raising of bets by participants kept crude prices to trade higher here.

3 Sept 2019 2:36 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex plunges over 500 points, PSU banks under pressure

The 30-share index was trading 516.79 points, or 1.38 per cent, lower at 36,816.

3 Sept 2019 1:35 PM IST

The decline was curbed by a weaker dollar and optimism that crude producers would abide by an agreement to limit output to prop up prices.

Oil prices fall as market eyes trade war, awaits stocks data

US crude was down 26 cents, or 0.5 per cent, at USD 54.84 a barrel by 0644 GMT, while Brent was down 6 cents at USD...

3 Sept 2019 1:19 PM IST

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

SC seeks NBCC response on completing stalled Jaypee group projects

The bench posted the matter for further hearing on Thursday and extended the status quo order till then.

3 Sept 2019 1:18 PM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

3 Sept 2019 1:11 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs pulled out Rs 38,930 cr in FY19 due to weak market sentiments:...

The limit for FPI investment in debt was revised from Rs 6.49 lakh cr to over Rs 6.98 lakh cr for the April 2019-Sept...

3 Sept 2019 12:47 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Fitch Solutions lowers 2019 global steel price forecast

In the long term, Fitch Solutions maintains its view that prices will ease and embark on a multi-year declining track.

3 Sept 2019 12:46 PM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Most Asian units slip as trade tensions weigh; Indian rupee falls most

The dollar jumped 0.4 per cent to 99.273 against a basket of six major currencies, stepping up pressure on Asian units.

3 Sept 2019 11:54 AM IST

Packaging and quality of retail box are very different. You can visit any Mi Home/ Mi Store to validate the original packaging.

China's Xiaomi boosts shares with USD 1.5 billion buyback plan

Xiaomi's market share in China declined by a fifth in the April-June quarter

3 Sept 2019 10:30 AM IST