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Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee slumps 30 paise to close at record low of 74.06 against US...

The rupee had opened lower by 14 paisa against Friday's close of 73.76 in early trade as the US dollar.

8 Oct 2018 6:20 PM IST

India lacks ecosystem for electric cars, says Volkswagen official

He also said that the company has announced Rs 8,000 crore investment for development in Indian products in the next...

8 Oct 2018 5:56 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Ready-to-move-in flats in hot demand; few buyers interested in new...

The survey was conducted in seven major cities.

8 Oct 2018 5:49 PM IST

The new Benelli Tornado 302R is likely to be equipped with ABS and will be priced around the Rs 4 - 4.5 lakh mark.

Benelli India cuts after sales service costs by 34 per cent

This benefit is offered to all existing customers owning Benelli TNT25, TNT 300 TNT 302R TNT 600i TNT 600 GT and TNT 899...

8 Oct 2018 5:36 PM IST

Tamil Nadu govt may consider reducing tax on petrol, diesel: CM

Tamil Nadu Chief Minister K Palaniswami highlighted the requirement of funds for various welfare measures.

8 Oct 2018 5:26 PM IST

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