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

Finance Ministry hikes interest rates on small savings

As per the finance ministry notification, the interest rate on popular PPF has been increased to 8 per cent for the...

21 Sept 2018 1:34 AM IST

CCI approves ArcelorMittal's acquisition of Essar Steel

The acquisition of Essar Steel is proposed to be undertaken through multiple steps.

20 Sept 2018 6:47 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Finance Ministry pegs dollar value at Rs 73.65 for computing import...

The conversion rate for computation of duty on export of goods has been fixed at Rs 71.95 to a dollar.

20 Sept 2018 6:39 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)

India to pay in rupees for Iranian oil

India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal.

20 Sept 2018 6:29 PM IST

Dena Bank is a public sector bank,

BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad...

The merged bank may need additional tier 1 capital depending on internal accruals for FY19.

20 Sept 2018 6:05 PM IST

RBI governor Urjit Patel

Preventive vigilance better governance tool for public institutions:...

Percentage of vigilance cases against RBI employees' vis- -vis the total staff strength of the Bank stood on average at...

20 Sept 2018 5:59 PM IST

Youngsters are using WhatsApp to consume news. (Photo: Pixabay)

IT Ministry mulls third notice to WhatsApp; may insist on message...

WhatsApp has turned down the Indian government's demand to provide it with a solution to track origin of messages.

20 Sept 2018 5:52 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart employees to cash in on ESOPs worth USD 800 million

Flipkart cardless credit is a step in direction to make e-commerce more inclusive and help customers with small ticket...

20 Sept 2018 4:43 PM IST

CBI has registered a case in what appears to be first-of-its-kind modus operandi against the sub-postmaster (Govindpuri (Modinagar), Ghaziabad) and a postal agent of Head Post Office.

India Post invites proposal for consultancy on setting up insurance...

DoP has plans to set up insurance firm as a special business unit in two years.

20 Sept 2018 4:05 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee likely to remain under pressure in near term: report

The rupee has logged year-to-date losses of more than 13 per cent against the strengthening US dollar.

20 Sept 2018 3:35 PM IST

The price of a 150 ml cup of tea with tea bag and 150 ml coffee using instant coffee powder in disposable cups of 170 ml have been raised from Rs 7 to Rs 10 per cup. (Photo credit: Indiamart)

Tea, coffee served on trains to cost more

Readymade standard tea will, however, continue to be sold at Rs 5 per cup.

20 Sept 2018 2:39 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold weakens on muted demand, global cues

Gold is trading at Rs 31,650 per 10 grams at the bullion market on weak demand from local jewellers.

20 Sept 2018 2:06 PM IST