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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 soars 718 points, banking stocks lead rally

The 30-share index ended 718.09 points, or 2.15 per cent, higher at 34,067.40.

29 Oct 2018 4:51 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI allows banks for fire audit of currency chests by approved...

Banks maintaining currency chests are required to get fire audit done once in a two years.

29 Oct 2018 4:36 PM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

Flipkart India losses widen to Rs 2,063.8 crore in FY18

Flipkart's e-commerce business Flipkart Internet also posted a consolidate loss of Rs 1,160.6 crore.

29 Oct 2018 4:16 PM IST

The latest edition of Jaguar F-PACE comes with a range of features including park assist, lane keep assist, cabin air ionisation, driver condition monitor among others.

JLR launches locally-made petrol variant of F-Pace at Rs 63.17 lakh

The Jaguar range in India includes XE, XF, F-PACE, XJ and F-TYPE.

29 Oct 2018 3:42 PM IST

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

RBI employees association seek central bank's autonomy: Viral Acharya

Govts that do not respect central bank's independence would sooner or later incur the wrath of the financial markets.

29 Oct 2018 2:27 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI, Hitachi Payments form JV for digital payment platform

SBI will have a majority stake in the proposed joint venture, the bank said.

29 Oct 2018 1:32 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Vijaya Bank Q2 profit falls 24 per cent to Rs 140 crore

Total income of the bank stood at Rs 3,931.36 crore for the reported quarter, up 12.28 per cent from Rs 3,501.31 crore.

29 Oct 2018 1:26 PM IST

Many people are landing in trouble because of the content they share on WhatsApp.

WhatsApp, CII collaborate to train SMEs, entrepreneurs in India

WhatsApp and CII will work to enhance business communication for Indian SMEs through CII's SME Technology Facilitation...

29 Oct 2018 1:18 PM IST

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

Petrol price plunges below Rs 80 in Delhi

In Mumbai, the fuel prices witnessed a marginal decline with petrol now being sold at Rs 85.24 per litre.

29 Oct 2018 12:31 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank shares soar over 9 per cent post Q2 results

Total income of the bank on a consolidated basis rose to Rs 31,914.82 crore as against Rs 30,190.54 crore a year ago.

29 Oct 2018 12:06 PM IST

Indian banks on top of situation over NPA problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.

29 Oct 2018 11:57 AM IST

The fighter being offered specifically to India is uniquely the best state-of-the-art fighter, Lall said adding that all three variants of the F-16 are single-engine aircraft. (photo: Representational | PTI)

No pressure on India to buy F-16 fighter jets from US: Envoy

The idea that the US is going to pressure India to buy the F-16 or any other system is not true.

29 Oct 2018 11:36 AM IST