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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

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB posts Rs 4, 532 crore loss in Sept quarter as bad loans soar

The bank's gross non-performing assets as a proportion of gross advances rose sharply to 17.16 per cent.

2 Nov 2018 1:24 PM IST

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

Gold futures decline Rs 145 on profit-booking, global cues

Gold is trading at Rs 32,000 per ten grams on Friday amid a weak trend overseas.

2 Nov 2018 12:31 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex reclaims 35,000, zooms over 570 points on easing crude price

NSE Nifty continued to rule above the 10,550 points at 10,553.45 points, with a hefty rise of 173 points or 1.67 per...

2 Nov 2018 12:03 PM IST

NPCI, which currently offers RuPay debit cards, has partnered with 10 banks including public sector and cooperative banks.

Mastercard lodged US protest over Modi's promotion of Indian card...

More than half of India's 1 billion debit and credit cards now go through the RuPay payment system.

2 Nov 2018 11:26 AM IST

Prime Minister Narendra Modi. (Photo: Twitter | ANI)

Why PM Modi wants to increase control over the RBI

Govt has made repeated calls for RBI to hand over more money from the RBI's reserves to help fund its fiscal deficit.

2 Nov 2018 10:42 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Financial situation fragile, feels Finance Ministry

Govt fears default by NBFCs and HFCs if liquidity crunch is not eased immediately.

2 Nov 2018 10:31 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 400 points on strong global cues, falling crude...

The 30-share Sensex climbed 413.15 points, or 1.20 per cent, to quote at 34,845.15.

2 Nov 2018 10:26 AM IST