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Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC to have 2 new MDs, interviews soon

According to a top ministry source, the probable candidates have been short-listed for the positions and the interviews...

1 Aug 2019 1:21 AM IST

Tour operators also offer credit card loans for those who have not saved for a holiday. The money can be repaid post the travel in equated monthly installments and the interest rates are typically 12 to 18 per cent.

Airfares, hotel rates forecast to increase in 2020

Unlike the global travel industry scenario, India's strong economic growth is fueling a greater demand for business...

1 Aug 2019 1:14 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Market set to see pullback move

The border market saw some recovery too with BSE Mid-Cap Index up 0.72 per cent and BSE Small-Cap Index up 0.34 per...

1 Aug 2019 1:14 AM IST

According to the Indian Meteorological Depart-ment the cyclone Vayu is likely to reach the Mumb-ais latitude today morning, leading to extreme weather and rain.

Monsoon rains deficit to be wiped out by August-end

There could also be major flooding in parts of the country.

1 Aug 2019 1:14 AM IST

Many current techniques in artificial intelligence require robots to interact with their environment for extended periods of time to learn how to optimally perform a task.

64 per cent directors worried about AI impact

The survey revealed that nearly two-thirds are slightly worried about losing their jobs.

1 Aug 2019 1:14 AM IST

The Fund will buy the stake from promoters of ZEEL, it said in a statement.

Invesco Oppenheimer to buy up to 11 pc stake in Zee Entertainment

Essel Group had initiated the process of divesting its key assets, with an aim to repay all the lenders by September...

31 July 2019 7:16 PM IST

The selected airline is expected to start operations from November 2018 onwards, a spokesman of the Civil Aviation Department said here.

Airfares to increase 5 per cent, hotel rates 6.8 per cent in 2020:...

Earlier this year we saw a spike in airfares after Jet Airways ceased its operations in April.

31 July 2019 7:03 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee settles 6 paise higher against dollar ahead of Fed meet outcome

Rupee is trading at 68.79 against dollar amid uncertainty ahead of the outocme of US Federal Reserve meeting.

31 July 2019 6:59 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

Reviewing exposure to auto dealers; will ensure industry do not...

SBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.

31 July 2019 6:24 PM IST

For infrastructure sector, 2019 could be a landmark year in terms of investments. In the first four months of 2019 itself, private equity and venture capital investments in infrastructure sector has surpassed the previous annual high of 2007.

Eight core sectors growth slows down to 0.2 pc in June

During April-June, the eight sectors grew by 3.5 pc compared to 5.5 pc in the same period last year.

31 July 2019 6:07 PM IST

More than 2,700 flights have now been cancelled since the start of the walkout, causing travel disruptions for over 345,000 passengers, Lufthansa said in a statement. (Photo: AP)

Lufthansa to raise capacity in business class in flights from city

The move by the airliner comes in the backdrop of the 50 per cent expected growth of international passengers in the...

31 July 2019 5:30 PM IST

N Chandrasekaran

N Chandrasekaran re-appointed as director of Tata Motors

Shareholders approved the re-appointment of Chandrasekaran with 98.65 per cent votes.

31 July 2019 4:55 PM IST