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The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
RBI allows oil marketing firms to raise USD 10 billion from overseas

OMCs will now be able to raise external commercial borrowing for working capital purposes.

3 Oct 2018 7:44 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.Business
Cabinet hikes wheat MSP by Rs 105 per quintal for 2018-19

Government announced 6 per cent hike in support price of wheat at Rs 1,840 per quintal.

3 Oct 2018 7:31 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.Business
Federal Bank fined Rs 5 crore for non-compliance of RBI norms

The lender was found to have not complied with RBI directions on reporting of data on CRILC.

3 Oct 2018 7:24 PM IST

The Dahisar-Mira Bhayander route will be 10.41 km long elevated corridor and will have 11 stations, while the extension of Metro 7 Andheri-CSMI airport (Metro 7 A) will be 3.17 km long in which 2.11 km will be underground. (Representational image | PTI)Business
Tata-Siemens consortium wins bid for Pune Metro project

The elevated metro line will originate from Hinjewadi Rajiv Gandhi Infotech Park, travel via Balewadi to Shivajinagar.

3 Oct 2018 7:19 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.Business
Investor wealth plunges Rs 1.71 lakh crore as stocks tumble

The BSE barometer plummeted 550.51 points, or 1.51 per cent, to end at 35,975.63.

3 Oct 2018 7:12 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTIBusiness
Ericson row: RCom says relief from TDSAT, can proceed with spectrum...

The debt-laden firm pointed out that 38 secured lenders of the group have already approved the sale of the said...

3 Oct 2018 5:37 PM IST

Suzuki Motorcycle India on Wednesday launched its global flagship bikes - RM-Z250 and RM-Z450 - in India priced at Rs 7.10 lakh and Rs 8.31 lakh, respectively (ex-showroom Delhi). (Photo: Youtube)Business
Suzuki Motorcycle drives in RM-Z250, RM-Z450 bikes to India

RM-Z250 and RM-Z450 - in India will be priced at Rs 7.10 lakh and Rs 8.31 lakh, respectively.

3 Oct 2018 5:25 PM IST

PepsiCo Chairman Indra Nooyi has joined US President-elect Donald Trumps advisory council. (Photo: AP)Business
PepsiCo reports double-digit organic revenue growth in India

AMENA zone reported an increase of 17 per cent in profit and 7 per cent in volume growth.

3 Oct 2018 5:07 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank shares extend rally, jump nearly 6 per cent

In terms of the equity volume, 60.22 lakh shares of the company were traded on the BSE.

3 Oct 2018 5:01 PM IST

Under GST, e-way bills are to be necessarily generated by transporters for movement of goods beyond 10 kms which have a value of Rs 50,000 and above.Business
PIN code made mandatory for generating e-way bill

It will help in calculating the correct distance and determine the validity of the electronic way or e-way bill.

3 Oct 2018 4:55 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.Business
Sensex crashes 550 points on rupee woes, rising crude concerns

BSE 30-share barometer, after a weak start, continued its slide to plummet below the 36,000-mark to hit a low of...

3 Oct 2018 4:38 PM IST

RBI governor Urjit PatelBusiness
RBI rate-setting panel begins three-day meet

RBI raised the repo rate or short term lending rate by another 25 basis points in August policy meet.

3 Oct 2018 4:00 PM IST

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