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The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Sale of electoral bonds in 3 tranches from March: Finance Ministry

The electoral bonds will be valid for 15 calendar days from the date of issue and no payment will be made to any payee...

28 Feb 2019 3:38 PM IST

Singapores DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

DBS to operate as wholly-owned subsidiary in India from Mar 1

The Asian bank, which presently operates 12 branches in the country as a franchise, will be incorporated as DBS Bank...

28 Feb 2019 3:03 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold falls Rs 450 on weak global cues, tepid demand

Traders said sentiments weakened on the back of a subdued global trend.

28 Feb 2019 2:47 PM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

5 special loans for the 21st generation

Nowadays, millenials seize on every opportunity to make bigger investments.

28 Feb 2019 2:41 PM IST

The government thinks that the branded food grain merchants earn 50 to 150 per cent margins and hence they need to pay taxes, said Mr Shah. (Representational image)

Foodgrains production may fall 1 pc to 281.37 million tonne: Agri Min

The country had produced 284.83 million tonne (MT) in the 2017-18 crop year (July-June).

28 Feb 2019 2:26 PM IST

The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

India, Latin American nations have huge potential to boost trade ties:...

The LAC region comprises 43 countries and the major economic and trading partners of India.

28 Feb 2019 2:04 PM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

IRCTC launches payment aggregator, IRCTC iPay

Under this new arrangement, IRCTC will have full control of the payment system.

28 Feb 2019 1:59 PM IST

The Volvo XC90 has been given a midlife refresh, it was first launched in 2014.

2019 Volvo XC90 unveiled; gets 'B' badge that adds F1-style KERS!

While cosmetic updates are subtle, the new XC90 is now even more efficient.

28 Feb 2019 1:56 PM IST

Will be powered by the same 2.0-litre diesel engine, but tuned differently for more power.

Tata teases upcoming 7-seater SUV H7X SUV ahead of Geneva debut

The new Harrier-based SUV could get a new name as well.

28 Feb 2019 1:50 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.

BSA between India and Japan provides for India to access USD 75...

The BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo on October 29...

28 Feb 2019 1:48 PM IST

Manu Narang Wadhwa, who has joined Coca-Cola from American Express where she served for nine years, will succeed Wadhawan

Coca-Cola India appoints new HR head for India, South West Asia

Chaturvedi will lead talent recruitment and advancement, performance enablement.

28 Feb 2019 12:14 PM IST

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

Jet Airways shares plunge over 6 pc after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to...

28 Feb 2019 12:14 PM IST