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

Etihad to raise stake in cash-strapped Jet Airways: source

Etihad's stake will be capped at 49 per cent given foreign ownership rules in Indian airlines.

15 Jan 2019 11:10 AM 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)

Finance ministry for caution on Mudra loans without stifling credit

Mudra loans NPAs at best could be under 3.5 per cent of total outstandings of Rs 2. 4 lakh crore of the PSBs in fiscal...

15 Jan 2019 10:55 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee falls10 paise against dollar in early trade

Rupee opened weak at Rs 70.79 then fell further to 71.02 against the American currency.

15 Jan 2019 10:35 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex rallies over 300 pts; Nifty reclaims 10,800 mark

Market sentiment upbeat after govt data revealed retail inflation dropped to 18-month low of 2.19 per cent in Dec 2018

15 Jan 2019 10:10 AM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

Inflation dips to 18-month low

While the retail inflation dipped to an 18-month low of 2.19 per cent, the wholesale inflation fell to an eight-month...

15 Jan 2019 12:52 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Airtel to deploy pre-5G mobile network tech for Kumbh this week

The telecom firm also announced initiatives to offer a digital Kumbh Mela 2019 experience to its customers.

14 Jan 2019 5:59 PM IST

Myntra, on Monday announced that it has acquired Witworks.

Ananth Narayanan steps down as Myntra-Jabong CEO

Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.

14 Jan 2019 5:28 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 over 150 points on weak macro cues

The broader NSE Nifty fell 57.35 points, or 0.53 per cent, to finish at 10,737.60.

14 Jan 2019 4:31 PM IST

Flipkart Executive Chairman Sachin Bansal

Sachin Bansal invests Rs 150 crore in Ola

Bansal is pumping in Rs 650 crore in total and the Rs 150 crore funding is part of the total investment.

14 Jan 2019 4:09 PM IST

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

Gold surges to Rs 33,100 on jewellers' buying

Gold is trading at Rs 33,100 per 10 gram at bullion market in the national capital on the back of positive trend...

14 Jan 2019 3:39 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Strong case to revisit 'restrictive' FDI retail policy: report

India received USD 1.4 billion in FDI in the retail sector between 2000 and 2018, which is only 0.36 per cent of the...

14 Jan 2019 2:46 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol price breaches Rs 70-mark, diesel crosses Rs 64

In Mumbai, petrol costs Rs 75.77 a litre and diesel is priced at Rs 67.18.

14 Jan 2019 2:17 PM IST