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UK High Court notes broad consistency in India's evidence against...

Taken overall, there is a broad consistency of evidence, Judge Ingrid Simler noted.

12 Jun 2019 7:18 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.

Ex-CEO of IL&FS arm helped Fitch official buy villa, says probe report

In a statement on Wednesday, a Fitch Group spokesperson said it is probing the matter.

12 Jun 2019 7:07 PM IST

Telecom regulator Trai on Thursday mooted a concept of open architecture-based public Wi-Fi grid to bring down the cost of internet by 90 per cent.

India home to world's second largest internet user base, thanks to...

Reliance Jio is one of the most innovative internet companies based outside the US, the report added.

12 Jun 2019 6:52 PM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

Industrial growth at 6-month high of 3.4 per cent in April

IIP growth mainly on account of improvement in mining and power generation, according to official data.

12 Jun 2019 6:17 PM IST

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

Rupee firms up by 10 paise to 69.34 against US dollar

The Indian currency has strengthened by 31 paise in the last two sessions.

12 Jun 2019 6:10 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Power Finance Corporation raises USD 1 bn from global market

PFC finances power sector projects and its main source of revenue is interest income on loans.

12 Jun 2019 5:37 PM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Reliance Capital, Reliance Home Finance shares tumble up to 7 pc

PWC has put in its resignation, with effect from June 11, citing unsatisfactory response to 'certain observations' made...

12 Jun 2019 5:29 PM IST

Chief Economic Advisor Arvind Subramanian

Government to come out with rebuttal of ex-CEA's claims on GDP numbers

Arvind Subramanian, in a paper, said India's economic growth rate has been overestimated by around 2.5 percentage...

12 Jun 2019 4:44 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 slumps 194 points; Yes Bank tumbles over 3 per cent

The broader NSE Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20.

12 Jun 2019 4:03 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold prices bounce back by Rs 200; silver up Rs 330

Traders said sentiment turned bullish due to positive trend overseas and rise in domestic demand, which pushed gold...

12 Jun 2019 4:02 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank cuts MCLR by 5-10 bps across various tenors

The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 per cent.

12 Jun 2019 3:39 PM IST

Former RBI governor Raghuram Rajan.

Raghuram Rajan in race for Bank of England chief: Report

The appointment will be made by Chancellor Philip Hammond around October this year.

12 Jun 2019 3:17 PM IST