Home » Business

Business - Page 989

Raghuram Rajan blames 'over optimistic bankers' for mounting bad loans

A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong.

11 Sept 2018 10:21 AM IST

File image of a man counting cash at a petrol pump.

Fuel prices continue the upward march

In Mumbai, petrol and diesel have touched a new high of Rs 88.26 and Rs 77.47 per litre.

11 Sept 2018 10:07 AM IST

The Sensex garnered 847.96 points 3.14 per cent last week.

Sensex, Nifty turn choppy on mixed Asian cues

The 30-share index opened higher by 95.32 points, or 0.25 per cent, at 38,017.49.

11 Sept 2018 9:56 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 15 paise against USD in early trade

Rupee is trading at 72.30 against the US dollar amid increased selling by banks and exporters.

11 Sept 2018 9:35 AM IST

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the worlds top four oil buyers.

Iraq replaces Saudi as top oil supplier to India in August: report

Overall India's monthly oil imports in August rose 3.1 per cent to about 4.7 million barrels.

11 Sept 2018 9:19 AM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

FinMin in touch with RBI for market intervention to contain rupee...

Decline of rupee is not secular as the Indian currency has strengthened against British Pound, Euro, Chinese Yuan and...

11 Sept 2018 9:10 AM IST

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

Govt rules out excise duty cut as fuel prices hit fresh high

A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.

11 Sept 2018 8:42 AM IST

ATF accounts for a substantial chunk of the operational expenses incurred by airlines.(Representational Image)

Airlines bleed as big chunk of payments made in dollars

Rupee woes spread across sectors; govt-RBI in combat mode.

11 Sept 2018 8:34 AM IST

Other risks for the Indian economy stem from the government turning more populist ahead of 2019 polls and a sharper-than-expected domestic growth slowdown, which in turn will trigger equity outflows, Nomura added.

Weak rupee is credit negative, says Moody's

Most India-based firms have protections in place, says VP.

11 Sept 2018 12:11 AM IST

(Representational image)

Rupee ends day at 72.45 per US dollar

According to him, it has been a major paradox in India since 2014 till 2018.

11 Sept 2018 12:06 AM IST

Borderline is defined as taking selfies at least three times a day but not posting them on social media. (Photo: Pixabay)

78 per cent Indians like looking good when travelling: study

They feel looking good is a very vital aspect of their holiday.

10 Sept 2018 8:01 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

Corporate Affairs Ministry summons Deepak Kochhar in ICICI Bank scam

Deepak Kochhar is the Founder and CEO of NuPower Group, as per its website.

10 Sept 2018 7:50 PM IST