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Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

Fingers crossed over next wave of bank mergers

Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.

19 Sept 2018 11:26 AM IST

Previous studies show early exposure to complex foreign proteins, such as cows milk proteins, increases the risk of type 1 diabetes. (Photo: Pixabay)

Rs 225 cr subsidy to milk farmers pending for want of bank a/c details

Maharashtra govt had taken a decision some months back to provide a subsidy of Rs 5 per for every litre of milk.

19 Sept 2018 11:19 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

India considers raising import duty on steel to support rupee: reports

Steel ministry has proposed increasing import duty on some steel products to 15 pc from from 5 per cent to 12.5 per...

19 Sept 2018 11:13 AM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol, diesel rates scale new highs after a day's break

In Mumbai, petrol priced touched an all-time high of Rs 89.54 per litre.

19 Sept 2018 10:36 AM IST

Infosys is Indias second largest information technology company. (Photo: PTI)

Daggers drawn at Infosys as Bansal wins arbitration

Infosys will take legal advice for necessary actions to be undertaken in respect of the award

19 Sept 2018 10:31 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex recovers over 100 points on value-buying, global cues

The 30-share BSE index recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade.

19 Sept 2018 10:20 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee recovers 28 paise against US dollar in early trade

A higher opening in the equity market also supported the recovery in the rupee.

19 Sept 2018 10:11 AM IST

In a statement, Voltas MD and CEO Pradeep Bakshi said, We are delighted to announce the launch of the Voltas Beko Home Appliances range for all our valued customers. (Photo: Representational Image)

Voltas Beko to launch new home appliances

As a market leader in the AC category, Voltas has always placed customer centricity at the core of all its offerings.

19 Sept 2018 1:01 AM IST

US president Donald Trump addresses the media after his meeting with North KOrean leader Kim Jong Un. (Photo: Twitter/ANI)

Deadline extended for higher duties

India had said the duty imposed by the United States has affected steel exports by $198.6 million and aluminium...

19 Sept 2018 12:34 AM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

COs need to list after 3 days from Ipo

The modalities for implementation will be worked out in consultation with the stakeholders, Sebi added.

19 Sept 2018 12:22 AM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Commission fees for MFs lowered

According to experts, the investors are likely to save around Rs 1,300 to Rs 1,500 crore.

19 Sept 2018 12:14 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi allows foreigners to invest in commodities

Participation of EFEs to make market more efficient.

19 Sept 2018 12:13 AM IST