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Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to take into account risks associated with sovereign bonds: CEA

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

9 July 2019 7:45 PM IST

Industry not convinced that RCEP will create win-win situation for...

Indian Industry is not convinced that RCEP will create a win-win situation for all, the ministry said in a statement.

9 July 2019 7:34 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee gains 15 paise to 68.51 against dollar

Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check.

9 July 2019 6:45 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

PCI says abolishing MDR charges to dry up investment capital, kill...

PCI said digital payments in India have received quite high interest from various investors, both domestic and...

9 July 2019 6:25 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank India says some jobs to be hit due to global lay-off

The bank declined to quantify the number of employees who will be hit.

9 July 2019 5:44 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS shares decline 2.5 per cent ahead of quarterly results

The scrip declined 2.05 per cent to close at Rs 2,131.45 on the BSE. During the day, it fell by 3.95 per cent to Rs...

9 July 2019 5:29 PM 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.

Sensex ends marginally higher; TCS falls 2 per cent

After swinging 378 points during the day, the 30-share index settled 10.25 points or 0.03 per cent higher at 38,730.82.

9 July 2019 4:14 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold plunges Rs 600 on weak global cues, muted demand

Globally, spot gold was trading lower at USD 1,394.39 an ounce, while silver was down at USD 15.08 per ounce in New...

9 July 2019 4:02 PM IST

The new Air-Purifying inverter air conditioners are available at all retail outlets from a starting price of Rs 39,000 to Rs 72,000.

EESL begins sale of energy efficient 5.4-star rating air conditioners

In the first phase, 50,000 ACs will be made available for consumers in Delhi.

9 July 2019 3:53 PM IST

In 2011, Axis Bank acquired 4 per cent stake in Max Life for an undisclosed value.

No proposal with Irdai for 10 per cent stake sale in Max Life to Axis...

During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.

9 July 2019 3:38 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

9 July 2019 3:31 PM IST

Subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under the NPS. (Photo: ANI)

NPS Trust to hire consultant for performance review of PFs, portfolio...

The last date for submission of interest under of the proposal is July 24, 2019.

9 July 2019 2:51 PM IST