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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

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.

RBI cuts interest rate by 25 basis points; loan EMIs likely to fall

Home, auto, and personal loan EMIs are likely to go down although banks are yet to fully pass on the previous cut.

4 April 2019 5:16 PM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch affirms India's rating at 'BBB-' with stable outlook for 13th...

Fitch Ratings said a robust growth outlook continues to support India's credit profile.

4 April 2019 4:46 PM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Vistara to add 14 new flights in domestic network from April 7

The new additional services are being added to Bengaluru, Kolkata and Hyderabad from Mumbai.

4 April 2019 4:38 PM IST

Rajiv Kumar, Corporate Vice President (Experiences & Devices Group) at Microsoft, said Kaizala is a perfect fit for Indian Railways.

Microsoft to help Indian Railways employees connect with healthcare...

Microsoft had launched Kaizala app designed for the Indian market to enable large group communications and work...

4 April 2019 4:15 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex ends 192 points lower post RBI policy

The broader NSE Nifty slipped below the 11,600 mark, ending 45.95 points, or 0.39 per cent, down at 11,598.

4 April 2019 4:09 PM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

RBI to hold talks with banks on linking home, auto loans with external...

RBI had proposed that interest rates on loans should be linked to external benchmarks like repo rate from April 1.

4 April 2019 3:39 PM IST