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Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Private players fare better in claims

In FY18, private general insurers had an average claims ratio of 75.46 per cent.

12 Feb 2019 1:39 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi to seek securitised debt details

Mutual funds come under regulator's lens for possible fraudulent deals.

12 Feb 2019 1:39 AM IST

RCom chairman Anil Ambani

Bankrupt RCom arm to build a fintech centre in Navi Mumbai

Reliance Communications surprised all by moving for filing for insolvency on February 1.

11 Feb 2019 4:37 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex drops 151 points on heavy selloff in auto, bank stocks

The BSE Sensex finally ended at 36,395.03, down 151.45 points, or 0.41 per cent.

11 Feb 2019 4:33 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Defence industries attract USD 0.21 mn FDI during Apr-Sept 2018

Overall, FDI in the country dipped 11 per cent to USD 22.66 billion during April-September this fiscal.

11 Feb 2019 3:35 PM IST

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

UAE keen to invest in refining, petrochem projects, store oil in India

India has a refining capacity of 247 million tonnes, which exceeded the demand of 202 million tonnes.

11 Feb 2019 2:59 PM IST

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

Gold slips on weak global cues, muted demand

Gold is trading at Rs 34,225 per ten gram at the bullion market, tracking a weak trend overseas.

11 Feb 2019 2:55 PM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

BSNL solidifies worker benefits, plans VRS package

Out of Rs 2,500 crore investment funds yearly, one fourth i.e, Rs 625 crore are representative benefits.

11 Feb 2019 2:16 PM IST

Road Safety Awareness is our biggest concern with increasing number of cyclists sharing the road in Mumbai City.

Hero Cycles partners Smart Commute Foundation in campaign for road...

. The campaign aims to draw public attention to the need for according respect and safe passage to cyclists.

11 Feb 2019 1:43 PM IST

Tech Mahindra commits to 22 pc reduction in greenhouse gas emissions...

The company aims to further reduce its greenhouse gas emissions by 50 per cent by the year 2050.

11 Feb 2019 12:50 PM IST

Prime Minister Narendra Modi

India to grow at a faster pace; could be second-largest economy by...

India has shown tremendous resilience as an anchor of the world economy, says PM Modi.

11 Feb 2019 12:32 PM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

REC takeover: PFC to draw Rs 10,000 crore from reserves

The arrangement will appear in the not so distant future, making a noteworthy commitment to the Center's disinvestment...

11 Feb 2019 12:28 PM IST