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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

No incidents of security breach reported, says SBI chief

On the bank's digital push, the chairman said, some 85 per cent of its entire transactions take place outside branches.

5 Feb 2019 10:37 AM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

How banks ran up USD 7 billion phone bill with RCom

Creditors demurred from taking RCom equity after its share price collapsed.

5 Feb 2019 10:31 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee rises 13 paise against dollar in early trade

Rupee is trading at 71.67 against dollar driven by positive opening in domestic equities and weakening of the greenback...

5 Feb 2019 10:22 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex, Nifty turn choppy ahead of RBI meet; Airtel cracks 4 pc

The 30-share index was trading 42.81 points, or 0.12 per cent, lower at 36,539.93.

5 Feb 2019 9:58 AM IST

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 per cent while the licence fee collected by the government dropped by 16 per cent year-on-year in the quarter ended December 31, 2017.

Cable TV bill set to shoot up

Crisil's analysis assumes a scenario where subscribers opt for the top 10 channels by viewership in addition to the...

5 Feb 2019 2:15 AM IST