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Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

CG Power hits lower circuit limit; Yes Bank tumbles over 4 per cent

On the BSE, the CG Power scrip tumbled 20 per cent to touch its 52-week low of Rs 11.80.

21 Aug 2019 12:40 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's GDP growth set to slow further in Apr-Jun qtr to 5.7 pc:...

India's economic growth slowed to 6.8 per cent in 2018-19 - the slowest pace since 2014-15.

21 Aug 2019 12:32 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL resolution: Banks may convert debt into equity, says Union Bank

DHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers.

21 Aug 2019 12:31 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BOB capital raising committee to meet next week to consider bond issue

Shares of Bank of Baroda were trading 0.86 per cent lower at Rs 97.90 apiece on BSE.

21 Aug 2019 11:46 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

Link bulk deposits to repo for effective transmission of interest...

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee opens 23 paise higher against USD in early trade

The rupee opened at 71.48, registering a rise of 23 paise over its previous close of 71.71.

21 Aug 2019 10:15 AM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)

Market starts on a tepid note; Nifty slips below 11,000

The 30-share index was trading 65.72 points, or 0.18 per cent, lower at 37,262.29.

21 Aug 2019 10:11 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Govt extends temporary allocation of Jet Airways' slots, flying rights...

A slot is a date and time at which an airline's aircraft is permitted to depart or arrive at an airport.

21 Aug 2019 10:06 AM IST

Finance Minister Nirmala Sitharaman

Need to build trust between tax payers and tax administrators:...

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over...

21 Aug 2019 9:10 AM IST

Singapores DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

DBS Bank to enter India's credit card market next year

India's credit card market is still small in comparison to its debit card market.

21 Aug 2019 9:03 AM IST

Today Samsung makes the screens that even Apple products use. Traditional and small Korean companies became global giants in this period.

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple...

21 Aug 2019 8:56 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Investors remain risk averse over growth fears

The market breadth was tilted in favour of the sellers. On the BSE, 918 shares rose and 1,524 shares fell.

21 Aug 2019 1:41 AM IST