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Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi revises norms for recovery of investors' money

The Insolvency and Bankruptcy Board of India is implementing the Insolvency and Bankruptcy Code.

8 Oct 2018 5:20 PM IST

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.

Federal Bank gets RBI nod to sell 45 pc stake in NBFC arm to True...

The lender said that Reserve Bank earlier last week gave approval for the proposed transactions.

8 Oct 2018 4:36 PM IST

Institutes providing education to non-resident Indians (NRIs) will be eligible to claim services export incentives under the commerce ministrys SEIS scheme. (Photo: Pixabay)

Institutes providing services to NRI students eligible for export...

Providers of eligible services are entitled to duty credit scrips on net foreign exchange earned under the SEIS.

8 Oct 2018 4:29 PM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

Arun Jaitley meets RBI DG, IT Secretary for data localisation

The meeting was also attended by Subhash Chandra Garg, Rajiv Kumar and Ajay Prakash Sawhney.

8 Oct 2018 4:17 PM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)

Market ends in the green, breaks three-day losing streak

The Sensex swung over 660 points both ways on alternate bouts of selling and buying.

8 Oct 2018 4:08 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

No going back on fuel price deregulation: Oil Minister Pradhan

The combination of high international oil prices and a depreciating rupee has made imports costlier.

8 Oct 2018 3:48 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Flipkart on hiring spree, adds 30,000 seasonal positions for festive...

The seasonal hiring by Flipkart is spread across the entire supply chain -- from warehouses, to mother hubs, and...

8 Oct 2018 3:26 PM IST

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

Non-banking financial companies slip as RBI plans to strengthen norms

Dewan Housing Finance Corporation Ltd's stock fell as much as 12.3 per cent.

8 Oct 2018 2:41 PM IST

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)

Gold falls on weak global cues, muted demand

Silver, too, slumped by Rs 500 to Rs 39,300 per kg due to reduced offtake by industrial units and coin makers.

8 Oct 2018 2:25 PM 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)

Investment in P-notes rises to Rs 84,647 crore by August-end

Prior to this, an increase in investment was seen in October 2017.

8 Oct 2018 2:20 PM IST

Maruti Suzuki India Dzire

Maruti Dzire crosses 3 lakh cumulative sales milestone

The company introduced the third generation Dzire in May 2017.

8 Oct 2018 2:03 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Two Indian companies to buy Iranian oil in November: Oil Minister...

India, the world's third-biggest oil importer, will buy 9 million barrels of Iranian oil in November.

8 Oct 2018 1:51 PM IST