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Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank seeks settlement through consent on Kochhar issue, says...

The bank and Kochhar have been maintaining there has been no regulatory violation on their part.

18 Sept 2018 6:13 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI penalises 2 UP-based cooperative banks

RBI had issued a show cause notice to the bank, in response to which the bank had submitted a written reply.

18 Sept 2018 6:06 PM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Reliance Capital to exit all non-financial business in 12-18 months

Company's is looking at identifying key emerging business areas within the financial services and financial technology...

18 Sept 2018 5:31 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB shareholders approve ESPS scheme; Rs 2,816 cr capital infusion by...

Shareholders also voted to clear the issuance of over 31 cr shares to the govt as part of recapitalisation of PNB by...

18 Sept 2018 5:07 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

IMF says 'real' depreciation of Indian rupee only 6-7 per cent

The Indian currency has since the beginning of the year lost almost 13 per cent in value vis a vis the US dollar.

18 Sept 2018 4:20 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Market rout continues as US-China trade war intensifies; rupee woes...

The 50-share NSE Nifty plunged 98.65 points, or 0.87 per cent, to end at 11,278.90.

18 Sept 2018 4:10 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold gains on sustained jewellers' buying

Gold is trading at Rs 31,610 per 10 gram at the bullion market on sustained buying by local jewellers.

18 Sept 2018 3:15 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

Need to blend subsidy with investment to enhance agri sector growth:...

Govt year after year has taken conditional steps in order to make investments in agriculture in terms of subsidy...

18 Sept 2018 3:03 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

States set to miss 20 per cent debt-to-GDP ratio target by FY23:...

States' aggregate debt-to-GDP ratio for FY19 has been budgeted at 24.3 per cent and according to their FY19 budgets.

18 Sept 2018 2:57 PM IST

Will Rahul Gandhi be responsible for the death of a two-year-old baby in Bihars Jehanabad asked Ravi Shankar Prasad. (Photo: Twitter | @ANI)

India keen to be data analysis hub but will not tolerate data misuse:...

Cambridge Analytica was accused of harvesting personal information of millions of Facebook users.

18 Sept 2018 2:30 PM IST

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

RCom to exit telecom fully to focus on realty: Anil Ambani

Reliance Realty will be the engine of growth for the future of this company, says Anil Ambani.

18 Sept 2018 1:59 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Fuel prices hike again, petrol threatens to touch Rs 90 mark in Mumbai

The constant rise in fuel prices is strengthening citizens' demand for government's intervention in the matter.

18 Sept 2018 1:36 PM IST