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International Monetary Fund

Looking forward to working with new govt of PM Modi: IMF

"The IMF looks forward to working with Prime Minister Modi's new government," IMF spokesperson Gerry Rice said.

25 May 2019 2:50 PM IST

Fortis Healthcare board

Fortis Healthcare posts Q4 net profit of Rs 151 cr

Consolidated revenue from operations increased to Rs 1,184.15 crore from Rs 1,086.38 crore in same quarter a year ago.

25 May 2019 2:42 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

States' share of market borrowing up at 91 pc in FY19: Report

In FY19, states' budgeted borrowing from the market stood at Rs 4,40,700 crore.

25 May 2019 1:28 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.

25 May 2019 1:12 PM IST

State Bank of India

State Bank of India to conduct a customer outreach programme next week

The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with 100,000 customers across 500 locations.

25 May 2019 1:01 PM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Oz bank sues Infosys for copyright breach

The case is related to alleged copyright infringement, breaching of contract terms and misuse of confidential...

25 May 2019 2:09 AM IST

The Nifty Infrastructure Index also gained 2.94 per cent.

Infra stocks gain on big investment hopes

The Bank of America Merrill Lynch Global Research report said lower interest rates will support economic recovery and...

25 May 2019 1:53 AM IST

Ind-Ra estimates that nearly 60 million tonne of the actual production of iron ore from these mines could be disrupted.

Delay in ore mines auction may disrupt steel output in FY20

Interestingly, of the last major auctions of about 88 iron ore deposits, only a handful has started to operate.

25 May 2019 1:51 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Further upsides likely next week

While the Sensex ended 298 points or 0.76 per cent lower at 38,811, the Nifty was down 80 points or 0.69 per cent at...

25 May 2019 1:47 AM IST

(Photo: Pixabay)

RB enters liquid detergent market with Woolite

The detergent market in India is divided into three segments - premium, mid-range, and popular.

25 May 2019 1:45 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Re rises 49p on yuan appreciation, oil fall

The greenback eased against its major counterparts tracking lower US yields and poor Purchasing Managers Index data from...

25 May 2019 1:41 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Draft liquidity norms for NBFCs released

NBFCs will have to maintain minimum high quality liquid assets of 100 per cent of total net cash outflows over the...

25 May 2019 1:41 AM IST