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HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

NTPC inks Rs 2,500 crore loan pact with HDFC Bank

The loan is extended at an interest rate linked to three-month marginal cost of funds-based lending rate (MCLR) of the...

5 Feb 2019 5:21 PM IST

Balanced mutual funds received more than Rs 47,000 crore. (Photo: Representational/PTI)

MFs pump over Rs 7,000 cr in equities in Jan; FPIs in sell-off mode

The sell-off by FPIs from the Indian equity markets has provided an opportunity to mutual fund managers.

5 Feb 2019 5:02 PM IST

MSMEs provide jobs to 10 crore people in last 4 years: Giriraj Singh

Unemployment was higher in urban areas at 7.8 per cent as compared to 5.3 per cent in rural areas of the country.

5 Feb 2019 4:38 PM IST

Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

PNB CEO, Sunil Mehta: We are on our way towards recovery

Our recovery for the first three quarters is Rs 16000 crore, which is almost three times the recovery last year.

5 Feb 2019 3:40 PM IST

Ram Vilas Paswan

Niti Aayog task force to find long-term solution to sugar sector woes:...

The task force was set up in December 2018 under the chairmanship of Niti Aayog member Ramesh Chand.

5 Feb 2019 3:09 PM IST

Under the plan, the government has categorised IL&FS group companies into green, amber and red based on their respective financial positions. (Representational image)

NCLAT asks govt to submit list of companies with their financial...

Govt will submit list of IL&FS group companies based on their respective financial positions to pay their debt.

5 Feb 2019 2:12 PM IST

Alphabet shares slipped slightly in after-market trades that followed release of the earnings report.

Google parent Alphabet hit by rising costs

Alphabet reported a profit of USD 8.9 billion in the fourth quarter on revenue that was up 22 per cent to USD 39.3...

5 Feb 2019 1:57 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom shares continue to remain under pressure; tank nearly 26 pc

RCom has been reeling under debt of over Rs 46,000 crore.

5 Feb 2019 12:42 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

5 Feb 2019 12:14 PM IST

Defence budget for the first time touched the figure of Rs 3.05 crore as the government hiked it by Rs 19,873 crore from last years allocation of Rs 2,85,423 crore.

No TA/DA for Army officers: Def Min wing issues order, backtracks...

Army officials started an uproar on social media and subsequently the PCDA removed the information from its website.

5 Feb 2019 11:47 AM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

Service sector activity slips for 2nd straight month; employment rises

The seasonally adjusted Nikkei India Services Business Activity Index fell from 53.2 in Dec to 52.2 in January.

5 Feb 2019 11:13 AM 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 likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

5 Feb 2019 10:53 AM IST