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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Banks need Rs 20 trillion deposits for credit growth, may up rates'

Credit to deposit ratio will jump to 78 per cent by the end of FY19 from the 73 per cent levels in March 2017.

6 Feb 2019 3:33 PM IST

Subhash Chandra. (Photo:

Essel promoters open to selling over 50 pc of their stake in ZEEL

As on December 31, 2018, promoters held 41.62 per cent stake in ZEEL.

6 Feb 2019 3:24 PM IST

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

Gold slides Rs 25 to Rs 34,450; silver down Rs 320

Globally, gold traded lower at USD 1,313.58 an ounce, while silver was also down at USD 15.75 an ounce in New York.

6 Feb 2019 3:06 PM IST

Air India chief Pradeep Singh Kharola has been appointed Civil Aviation secretary. (Photo: Twitter)

Air India chief Pradeep Singh Kharola to steer Civil Aviation Ministry...

Kharola, a 1985-batch IAS officer of the Karnataka cadre, was in Nov 2017 named the chairman and MD of Air India Ltd.

6 Feb 2019 2:47 PM IST

Railway Minister Suresh Prabhu.

DPIIT starts exercise to rank states for ease of doing biz this year

DPIIT has stated that this year they propose to undertake a 100 per cent feedback based assessment on 76 reform measures...

6 Feb 2019 2:44 PM IST

Market regulator Sebi has approved most of the recommendations of corporate governance panel. The key changes accepted by Sebi are

Sebi, stock exchanges step up surveillance of intra-day trading

The exchanges have already sought explanations from these companies about volatility as well as the media reports.

6 Feb 2019 2:32 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures fall Rs 7 on weak global cues

At the Multi Commodity Exchange, crude for delivery in March traded lower by Rs 7, or 0.18 per cent, at Rs 3,878 a...

6 Feb 2019 2:25 PM IST

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Canadian crypto exchange may have lost USD 145 mn after its CEO...

Cotten's sudden death has plunged Quadriga into crisis and left it struggling to figure out how to refund more than...

6 Feb 2019 2:13 PM IST

After restriction, exporters operating from SEZs and EoUs made representations to remove this prohibition stating they only use imported material for export of final product. (Photo: File)

Govt allows export of bio-fuels from special economic zones,...

In August 2018, the government imposed restrictions on export of bio-fuels for non-fuel purposes.

6 Feb 2019 2:03 PM IST

Tech Mahindra shares jump nearly 7 pc post Q3 earnings

Overall revenue increased 15 per cent to Rs 8,944 crore during the quarter under review.

6 Feb 2019 1:29 PM IST

The partnerships will provide financing solutions to MGs customers and dealer partners starting with its first launch, the Hector SUV, in the second quarter of 2019, MG Motors added.

MG Motor India ties up with 5 private banks for vehicle finance

MG Motors has signed agreements with Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Yes Bank.

6 Feb 2019 1:21 PM IST

Reliance communications Chairman Anil Ambani

RCom shares battered further, tank nearly 13 percent

RCom stock plummeted 10.84 per cent to Rs 4.85 on BSE, at NSE, shares crashed 12.61 per cent to Rs 4.85 apiece.

6 Feb 2019 1:00 PM IST