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British lender Barclays Bank PLC. (AFP Photo)

Barclays bets on India again with Rs 3,000-cr infusion

This is Barclays' single largest capital infusion in its Indian business in the last three decades

27 Aug 2021 12:41 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)

Flipkart adds new warehouses in Karnataka, to create over 14,000 job...

Flipkart has nine supply chain facilities, including fulfilment and sortation hubs in Karnataka spread across nearly 23...

26 Aug 2021 8:07 PM IST

The government believes the investment will give a boost to the National Monetisation Pipeline. (Photo: Twitter/@FinMinIndia)

Cabinet clears Rs 15K crore FDI in Watsa firm

Anchorage, owned by investor Prem Watsa's Fairfax India Financial Holdings, invests in infrastructure, construction and...

26 Aug 2021 11:52 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Brokers can't sell digital gold, NSE says

The direction came after the Sebi said certain members are providing a platform to their clients for buying and selling...

26 Aug 2021 11:44 AM IST

Finance secretary T. V. Somanathan on Tuesday made the announcement during a meeting. (Photo: Twitter/@FinMinIndia)

Insurance bond could substitute bank guarantee

Bank guarantees are usually asked for while extending a loan and typically require a collateral

26 Aug 2021 11:37 AM IST

Demand for airline fuel surges in India with tourism rebound

Demand for airline fuel surges in India with tourism rebound

India is proving to be a bright spot for jet fuel demand after the delta variant interrupted a recovery in air travel...

26 Aug 2021 11:27 AM IST

Automobile volumes in FY21 pushed the industry back by six years. (File Photo/Representational)

High taxes rile auto-makers

The demand for vehicles is unlikely to revive as buyers are finding it difficult to buy cars and two-wheelers

26 Aug 2021 11:24 AM IST

Union Finance Minister Nirmala Sitharaman speaks during the post-budget press conference, at National Media Centre in New Delhi, Monday, February. 1, 2021. (PTI/Arun Sharma)

FM to review PSBs performance

Tuesday's interaction would be with senior officials of the Income Tax Department at the agency's office at Bandra Kurla...

24 Aug 2021 9:25 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan issuances rise 26% in first half

Low interest rates, lower stamp duties in some states, attractive incentives by builders helped a 42% surge in demand...

24 Aug 2021 9:22 AM IST

Group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts. (PTI Photo)

IPO fever subsides, index dips 4%

Zomato's market cap fell below the Rs 1-lakh crore mark to Rs 99,633.78 crore as the stock suffered its first major post...

24 Aug 2021 9:20 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI panel suggests 4-tier structure for urban co-op banks

The committee has also suggested setting up an umbrella organisation with a minimum capital of Rs 300 crore to oversee...

24 Aug 2021 9:17 AM IST

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman addresses during the launch of National Monetisation Pipeline, in New Delhi, Monday, Aug. 23, 2021. (PTI/Manvender Vashist)

Monetisation plan unveiled

The finance minister further said the Centre will also incentivise states to monetise their public assets

24 Aug 2021 9:15 AM IST