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The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 10:58 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Airways clears August salaries of senior staff

The September salaries was to be paid in two instalments -- on October 11 and October 26.

10 Oct 2018 10:38 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 rises over 200 points, Nifty above 10,300

Sectoral indices, led by capital goods, auto, oil and gas, metal and healthcare, rose up to 1.50 per cent.

10 Oct 2018 10:33 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee rises from record low, recovers 23 paise against dollar

A higher opening of domestic equity markets too aided the recovery in the domestic unit.

10 Oct 2018 10:24 AM IST

International Monetary Fund

IMF projects 7.3 per cent growth, hails GST, bankruptcy code

India's growth is expected to increase to 7.3 per cent in 2018 and 7.4 per cent in 2019 up from 6.7 per cent in 2017, ...

10 Oct 2018 1:41 AM IST

Officials from the Maharashtra Child Development Labour Welfare Department along with the personnel from the Thane (rural) police raided establishments in the Kashimira belt. (Photo: PTI)

India ranks 147th in efforts to cut inequality

Clubbed with Nigeria, India features in the bottom 10 of the Oxfam index.

10 Oct 2018 12:46 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

WhatsApp ready with system to comply with RBI's norms

In April, the Reserve Bank of India (RBI) came out with a circular regarding data localisation policy for payment system...

10 Oct 2018 12:35 AM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

Excise cut to cost India its fiscal deficit target

It said that the government revenue from excise duties on petroleum products has more than doubled since fiscal 2014.

10 Oct 2018 12:27 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity...

The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.

9 Oct 2018 7:07 PM IST

Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

IL&FS loan account remains standard, says Bank of Baroda

The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.

9 Oct 2018 7:00 PM IST

India Post is starting its India Post Payments Bank.

India Post targets 10 per cent share in parcel business segment

The postal department has set a target to more than double its market share in parcel business.

9 Oct 2018 5:49 PM 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 slumps 33 paise to close at record low of 74.39 against US...

The domestic currency failed to sustain the momentum after Brent crude breached the USD 84 per barrel-mark.

9 Oct 2018 5:43 PM IST