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

Gold edges up on festive demand

Gold is trading at Rs 32,650 per 10 gram at the bullion market on festive season demand.

3 Nov 2018 3:50 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi to introduce alternative payment mechanism for retail IPO...

The new mechanism will increase the efficiency of the existing system and curtail the need for manual intervention.

3 Nov 2018 12:33 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Centre to examine allegation of low quality steel: Minister

National Steel Policy 2017 is aimed at achieving 300 million tonnes steel production by 2030-31.

3 Nov 2018 11:48 AM IST

Sahara chief Subrata Roy

Sahara accuses Sebi of overlooking fact

The Group insisted that everything was done as per law and after taking all the necessary permissions from the...

3 Nov 2018 1:15 AM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.

Centre fears NBFC defaults without liquidity lifeline

The new board submitted a plan to revive the debt-laden firm this week.

3 Nov 2018 1:15 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee logs biggest single-day gain in 5 yrs, leaps 100 paise on crude...

Rupee closed at 72.45 against the greenback, the best day for the Indian unit since September 2013.

2 Nov 2018 6:25 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

IOC Q2 profit drops 12.6 per cent on forex losses, low margins

The company suffered a foreign exchange loss of Rs 2,600 crore in the quarter as rupee depreciated.

2 Nov 2018 6:20 PM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

India to be among 3 largest economies in coming years: Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France.

2 Nov 2018 6:03 PM IST

PM Narendra Modi launches Ayushman Bharat scheme in Ranchi. (Photo: PTI )

PM announces incentives for MSMEs, Rs 1 crore loan in 59 minutes

12 historic decisions will boost small and medium enterprises, says PM Modi.

2 Nov 2018 5:51 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank Q2 net profit jumps 83 per cent to Rs 790 crore

The bank had registered a net profit of Rs 432 crore in the July-September quarter of 2017-18.

2 Nov 2018 5:07 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex climbs 580 points to reclaim 35,000 mark; banking, auto shares...

The 30-share index got off to a strong start at 34,743.95 points and reclaimed the 35,000-mark to hit a high of...

2 Nov 2018 4:09 PM IST

There would be no privatisation of the state-owned Coal India, said interim CMD Gopal Singh.

CIL coal output in Apr-Oct rises 10 per cent to 306 million tonne

Overall offtake during the reported period was 340.81 MT, clocking 7.4 per cent growth.

2 Nov 2018 3:02 PM IST