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Former RBI governor Raghuram Rajan. (Photo: PTI)

Privatisation of PSBs not panacea; need to cut govt mandates for PSBs:...

Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of...

14 Dec 2018 5:07 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold prices steady at Rs 32,220 per 10 gram

Globally, gold declined to USD 1,239.58 an ounce in New York, while silver held steady at USD 14.68 an ounce.

14 Dec 2018 4:46 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI board agrees to further examine governance framework

RBI board also reviewed the current economic situation, both global and domestic challenges.

14 Dec 2018 4:26 PM IST

Agri loan waiver should not form part of poll promises: Rajan

Inhibits investment in the farm sector put pressure on the fiscal of states which undertake farm loan waiver.

14 Dec 2018 2:32 PM IST

Italian super bike maker Ducati on Thursday said it has re-opened bookings for its flagship model Panigale V4 in India.

Ducati enters pre-owned bike market in India

Only bikes less than 5 years old with certified mileage lower than 50,000 km are allowed to be sold.

14 Dec 2018 12:56 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation falls to 4.64 pc in November on softening food prices

Food articles witnessed softening of prices with deflation at 3.31 per cent in November, against 1.49 per cent in...

14 Dec 2018 12:36 PM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Anil Ambani welcomes Supreme Court order on Rafale

There was no occasion to doubt the decision-making process in the procurement of the 36 Rafale fighter aircraft from...

14 Dec 2018 12:30 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI board meeting underway to discuss new economic capital framework

The 18-member RBI board will also deliberate on relaxation of prompt corrective action norms.

14 Dec 2018 12:01 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys forms JV with Hitachi, Panasonic, Pasona in Japan

Infosys will bring its expertise in procurement processes, consulting, analytics and digital technologies such as...

14 Dec 2018 11:43 AM IST

Chief Economic Advisor Arvind Subramanian

RBI reserve should be used to fix financial system: Subramanian

Savings should not be used for current consumption, but for long-term investment, says Arvind Subramanian.

14 Dec 2018 11:20 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee rises 14 paise against US dollar in early trade

Rupee is trading at 71.82 on the forex market while the domestic equity market opened on a weak note.

14 Dec 2018 10:14 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 cautious on mixed global cues

The NSE Nifty saw similar movement, shedding 5.55 points, 0.05 per cent, to 10,786.00.

14 Dec 2018 10:09 AM IST