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Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC':...

At the current price of USD 70 per barrel, the annual value of global oil output is USD 2.5 trillion.

5 April 2019 8:48 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

5 April 2019 8:40 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Most analysts expect another rate cut in June

Economists at Japanese brokerage Nomura said they expect another rate cut in June with a 40 per cent probability.

5 April 2019 8:30 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL employee union opposes VRS, seeks 4G spectrum for telco revival

Still, the DoT is creating roadblocks for BSNL to avail credit from banks.

5 April 2019 8:26 AM IST

The Sensex garnered 847.96 points 3.14 per cent last week.

Market momentum remains volatile

Even players were expecting a 50 basis point rate cut.

5 April 2019 1:14 AM IST

With an initial launch portfolio of over 30 uniquely differentiated furniture SKUs, Forma plans to scale up its total portfolio to10 folds.

JSW Group to enter furniture business with Forma

Forma will offer a wide variety of options to Indian consumers across the entire gamut of home furniture and...

5 April 2019 1:14 AM IST

L&T Finance NCD public issue size is Rs 1000 crore, with a base issue size of Rs 500 crore and an option to retain over subscription of up to Rs 500 crore.

NBFCs enter retail market with NCDs, offer high rates

NCDs proposed to be issued by Shriram City Union Finance have been rated AA by rating agencies Crisil and CARE.

5 April 2019 1:14 AM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj launches Dominar 400 tourer at Rs 1.74 L

The new Bajaj Dominar competes with the likes of the KTM Duke 390, the Royal Enfield bikes, BMW G 310 R, and the TVS...

5 April 2019 1:14 AM IST

Economic Affairs Secretary Shaktikanta Das

New NPA framework soon

Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.

5 April 2019 1:13 AM IST

Shaktikanta Das

RBI slashes repo rate, lowers GDP growth forecast

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

5 April 2019 1:13 AM IST

Govt close to meeting fiscal deficit target of 3.4 pc: Garg

The government at many occasions had indicated that there might be some shortfall on indirect taxes collection.

4 April 2019 7:42 PM IST

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

Rupee slumps 76 paise to 69.17 vs USD post RBI policy

"Rupee tumbled after participants perceived RBI policy as less dovish than expected," said V K Sharma of HDFC...

4 April 2019 7:25 PM IST