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The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Modi govt 2.0 sets sights on making India USD 5 trillion economy

Government spelt out its key priorities in the budget which was focused for making India a USD 5 trillion economy.

21 July 2019 5:10 PM IST

Concept video previews iPhone 11R.

Grey market sales of high-end phones causing revenue loss of Rs 2,500...

The industry body has suggested imposing a maximum customs duty of Rs 4,000 on handsets priced above Rs 20,000.

21 July 2019 3:37 PM IST

Chairman of the Aditya Birla Group, Kumar Mangalam Birla. (Photo: PTI)

Kumar Mangalam Birla's remuneration from UltraTech fell 18.8 pc to Rs...

UltraTech had 19,557 permanent employees on its rolls as on March 31, 2019.

21 July 2019 2:31 PM IST

Reliance Industries Limited

Reliance says its main gas fields in KG-D6 block in late life stage

The fields produced an average of 1.76 million standard cubic metres per day of gas during April-June, the firm said.

21 July 2019 1:40 PM IST

The apex court on September 26 last year had declared the Centres flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions. (Photo: PTI)

UIDAI to soon select adjudicating officer for inquiry in contravention...

According to the source UIDAI hopes to select the adjudicating officer in next month and half.

21 July 2019 1:06 PM IST

Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

IL&FS case: Sebi widens probe into role of rating agencies

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.

21 July 2019 11:55 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Six of top-10 firms lose Rs 62,147.7 cr in m-cap; RIL takes the...

HDFC Bank, ITC, SBI and ICICI Bank were the other laggards in the Sensex top-10 pack.

21 July 2019 11:26 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

FPIs withdraw Rs 7,712 cr from stocks in July so far

FPIs had been net investors in the equity segment in the previous five months.

21 July 2019 11:16 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank to raise Rs 18,000 crore through equity shares

The bank is one of the worst-affected private lenders after the Reserve Bank's asset quality review.

20 July 2019 5:18 PM IST

Mukesh Ambani has been instrumental in launch of RILs telecom arm Reliance Jio. (Photo: PTI)

Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a...

Mukesh Ambani's remuneration for 2018-19 included Rs 4.45 cr as salary and allowances, which is marginally lower than Rs...

20 July 2019 12:14 PM IST

Shaktikanta Das

Shaktikanta Das meets PSB heads, reiterates call for faster...

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

20 July 2019 10:54 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Brookfield to invest Rs 25,215 cr in Reliance's telecom tower arm

This is the second investment this year that Brookfield is making in a venture controlled by richest Indian Mukesh...

20 July 2019 10:08 AM IST