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PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India's second biggest state-run bank on its knees.

22 March 2019 1:06 PM IST

Rahul Gandhi claimed that Anil Ambani had not manufactured even a single aircraft but was awarded a contract of Rs 30,000-crore after snatching the work from state-owned HAL. (Photo: ANI)

Traders are not annoyed with GST, don't use us for political points:...

Domestic traders' body CAIT on Wednesday criticised Congress chief Rahul Gandhi for his repeated statements on GST.

22 March 2019 11:51 AM IST

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

Fitch cuts India GDP growth forecast for FY20 to 6.8 pc

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6.

22 March 2019 11:03 AM IST

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe.

India one of world's fastest growing large economies: IMF

Details about the Indian economy would be revealed in upcoming WEO survey report to be released by IMF next month.

22 March 2019 10:46 AM IST

The Redmi Go is a dual-SIM handset that runs on Android 8.1 Oreo (Go Edition) and comes with a 5-inch HD display.

Chinese smartphone firms jazz up products, seize turf in home market...

People are more attached to their phone than ever and have higher expectations, said Alen Wu, global vice president at...

22 March 2019 10:43 AM IST

China could have a larger share of the Indian market than earlier, provided it plays fair.

Tariff on China to continue till deal is reached

Trump imposed tariff hikes of up to 25 per cent on USD 250 billion of Chinese goods.

22 March 2019 10:30 AM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Oil prices near 2019 highs amid OPEC supply cuts, US sanctions

Petroleum prices have been propped up by supply cuts by the OPEC and OPEC+.

22 March 2019 10:23 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex rises over 100 points on robust FII buying

The 30-share index was trading 119.52 points, or 0.31 per cent, higher to 38,506.27.

22 March 2019 10:11 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee rises 6 paise against dollar in early trade

Rupee is trading at 68.57 against dollar in opening trade, driven by sustained foreign fund inflows.

22 March 2019 9:49 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

India state banks want Jet Airways' Goyal to reduce stake to 10 pc:...

government has asked state-run banks, led by SBI, to rescue Jet without pushing it into bankruptcy.

22 March 2019 9:44 AM IST

Credit and debit cards also would continue to grow, though at a slower pace. Their share would move up from 7% to 12% in 2020 and 21% by 2025.

Cash to lose out to digital by 2022

48 per cent who transact digitally prefer to do so because of the various offers.

22 March 2019 6:30 AM IST

Reliance Industries chairman Mukesh Ambani.

RIL sells fuel via Europe to Caracas to skirt curbs

Reliance, an Indian conglomerate controlled by billionaire Mukesh Ambani, has significant exposure to the financial...

22 March 2019 6:25 AM IST