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

Gold imports up 4 pc to USD 17.63 billion in Apr-Sep 2018-19

In volume terms, the country imports 800-900 tonnes of gold annually.

19 Oct 2018 11:33 AM IST

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

RBI allows banks to lend more to some non-banking finance firms

The limit has been raised from 10 per cent and is effective up to December 31.

19 Oct 2018 11:26 AM IST

Netflix needs lower prices to woo India

Netflix will have to tweak the model to achieve success in Indian market.

19 Oct 2018 10:51 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Govt imposes anti-dumping duty on certain steel products from China

India's total imports rose to 2,56,004 tonnes in 2016-17 from 1,32,933 tonnes in 2013-14.

19 Oct 2018 10:29 AM 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 cracks 408 points on global sell-off; Nifty below 10,400

The NSE Nifty index fell 80.85 points, or 0.77 per cent, at 10,372.30.

19 Oct 2018 10:23 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee slips 3 paise against US dollar in early trade

A lower opening in the domestic equity markets also weighed on the local unit.

19 Oct 2018 10:17 AM IST

Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government.

NTPC to raise USD 150 million in foreign currency loan

The loan will be repayable in three equal instalments starting from the ninth year.

18 Oct 2018 6:48 PM IST

Reliance Industries limited

Reliance Industries: Forced price cut has no impact on oil retailing...

The official also denied notions of the company going slow on fuel retailing side.

18 Oct 2018 6:40 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Massive tax scam cost Europe 55 billion euros: report

The stock changes hands so quickly that the tax authorities are unable to identify who is the true owner.

18 Oct 2018 3:38 PM IST

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Petrol, diesel prices witness dip across India

After a reduction of 21 paise the petrol price in the national capital settled at Rs 82.62 per litre.

18 Oct 2018 2:23 PM IST

The team found that Mr Qumesh and Mr Junid were running a fake visa company for the last 10 years.(Representational image)

US move to abolish H-4 visas set to impact tens of thousands of...

The proposed rule would no longer allow H-4 workers to enter the labour market early.

18 Oct 2018 1:28 PM IST

Aadhaar is a 12-digit number, issued by the Unique Identification Authority of India (UIDAI), that acts as identification and address proof. (Photo: File)

'Re-verification of customer's KYC voluntary post SC verdict on...

Subscribers enrolled through Aadhaar-based authentication process may have to provide fresh documents.

18 Oct 2018 12:24 PM IST