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Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

PSBs to recover around Rs 1.8tr: FM

Mr Jaitley said that banks must strive to be seen always as institutions of clean and prudent lending.

26 Sept 2018 12:40 AM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Super rich club expands by 36 per cent

Barclays Hurun India Rich List claims total wealth stood at $719 billion.

26 Sept 2018 12:27 AM IST

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

Flipkart acquires Israel's Upstream Commerce

It will get access to advanced data science-based intelligent solutions through the acquisition.

25 Sept 2018 7:36 PM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Bad debts on a decline, loan recovery picking up of PSU banks: Jaitley

After the IBC came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked...

25 Sept 2018 7:28 PM IST

Samsung on Tuesday unveiled its first triple camera smart phone, the Galaxy A7, with an ultra wide lens that allows one to capture unrestricted wide-angle photographs. (Photo: Youtube)

Samsung unveils its first triple camera Smart phone Galaxy A7

The phone will be available for a special preview sale on Flipkart, Samsung e-shop and at Samsung Opera House.

25 Sept 2018 6:15 PM IST

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)

RBI needs to cut Cash Reserve Ratio to improve liquidity: govt...

The RBI has tools like OMO (Open Market Operations) to manage liquidity.

25 Sept 2018 5:49 PM IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Moody's retains Bank of Baroda rating after merger announcement

Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest...

25 Sept 2018 5:37 PM IST

Resolution professional of debt-ridden Videocon Industries on Tuesday invited bids from prospective buyers to take control of the firm, which has interest ranging from consumer electronics to oil and gas.

Bids invited for debt ridden Videocon under insolvency resolution...

State Bank of India had filed separate insolvency proceedings against Videocon.

25 Sept 2018 5:15 PM IST

Union Food Processing Minister Harsimrat Kaur Badal

FDI in food processing touches USD 1-billion mark this year: Badal

The government has been focusing on post harvest management and logistics.

25 Sept 2018 5:00 PM IST

IBM has reported that the active number of participants in its 401(k) pension plan fell to 84,350 last year

IBM looks to partner with govt bodies,banks for agriculture solutions

The US-based company launched 'Watson decision platform for agriculture' globally.

25 Sept 2018 4:34 PM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Jaitley asks PSU banks to take effective action against frauds,...

Formalisation of the economy would help India achieve sustainable growth of 8 per cent.

25 Sept 2018 4:27 PM IST

Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.

India, Mauritius to hold next round of FTA talks from Wednesday

Mauritius is also holding negotiations for a similar pact with China, with which India has a huge trade deficit.

25 Sept 2018 4:20 PM IST