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The future of China is not rosy, but perhaps the most surprising aspect is that Muslim nations around the world are keeping mum about the fate of the Uyghurs; nobody has so far dared to question China about its Muslim policy.

China GDP growth slows to 6.2 per cent in second quarter

The slowing economy makes it more difficult for President Xi Jinping to fight back forcefully against the US.

15 July 2019 9:21 AM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank reports USD 259 mn alleged fraud by Bhushan Power &...

Bhushan Power & Steel among the first 12 companies referred by RBI to a bankruptcy court for a debt resolution process.

15 July 2019 8:35 AM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Crude oil demand growth to remain stable

Going forward OPEC expects global demand for its crude oil to decline next year as their rivals continue to pump more...

15 July 2019 8:03 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.

Q1 earnings to drive market

According to experts, the market has entered a consolidation mode after the disappointing Budget that failed to meet...

15 July 2019 7:59 AM IST

As circular trading was becoming rampant in the import of cut and polished diamonds, the government increased duties twice last year to check this.

Jobs hit as diamond industry cuts output

According to him, multiple issues are affecting the industry. Companies have been facing working capital crunch due to...

15 July 2019 7:55 AM IST

The financial performance of the sector is expected to remain under stress as traditional brokers like Axis Securities and Angel Broking have moved to fixed/subscription based business models.

Discount brokers race ahead of other players

HDFC Securities, Share-khan and Kotak Securities are ranked as the third, fourth and fifth largest brokerags, according...

15 July 2019 7:51 AM IST

Tata Steel is countrys major steel producer.

Tata Steel's Q1 consolidated steel output grows 9 pc to 7.61 MT

The company's output in the year-ago period was at 6.97 MT, Tata Steel Ltd said in a BSE filing.

14 July 2019 8:37 PM IST

The previous largest deal was Lupins acquisition of Gavis Pharma and Novel Laboratories for $880 million in 2015.

Lupin aims to launch new products across geographies this fiscal

Lupin said it launched 22 new products in the US market last fiscal.

14 July 2019 8:25 PM IST

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Ceat lines up Rs 3,500 cr capex to ramp up production capacity

Sharing information with shareholders, the firm said it has already put in capital to expand its Halol (Gujarat) plant.

14 July 2019 7:56 PM IST

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

DHFL fears it may not continue as a going concern; posts Rs 2,223 cr...

The debt-ridden company had reported a profit of Rs 134.35 crore in the same quarter previous fiscal.

14 July 2019 7:44 PM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

RBI to come out with mobile app for currency notes identification

RBI said identification of banknote denomination is key to successful completion of cash transactions by visually...

14 July 2019 7:36 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo promoter spat: Bhatia group says Gangwal limited his financial...

IGE Group has now issued three statements in less than a week seeking to clarify issues and reject allegations made by...

14 July 2019 7:26 PM IST