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

Current account deficit eases marginally to 2.4 pc of GDP in Q1...

In value terms, the CAD was higher at USD 15.8 billion in April-June this year.

7 Sept 2018 6:15 PM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Petrol, diesel price hiked by steepest level in a year; rates at...

Opposition parties have announced nationwide strikes and protests next week over record-high fuel prices.

7 Sept 2018 6:01 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

India's e-commerce market to surpass USD 100 billion by 2022: report

The e-commerce market is worth about USD 35 billion at present.

7 Sept 2018 5:50 PM IST

61 percent found it impossible to give up WiFi (Photo: AFP)

Telcos to submit new public wifi model by Monday: Telecom Secretary

The Department of Telecom is discussing a middle path with the operators for rolling out public wifi services.

7 Sept 2018 5:37 PM IST

Senior government officials have denied using Mahindra and Mahindra Ltd and Tata Motors manufactured electric cars on the basis of poor performance and low mileage, says report.

ABB unveils fast charging system to power a car in 8 minutes for 200...

It is ideally suited for highway rest stops and petrol stations, where the highest power is required to minimize...

7 Sept 2018 5:22 PM IST

Mutual Funds' asset base reaches all-time high of Rs 25 lakh crore

The industry's AUM had crossed the milestone of Rs 10 lakh crore for the first time in May 2014.

7 Sept 2018 4:34 PM IST

Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

Gadkari asks auto industry to change 'mindset', be future-oriented

The government was clear with its policy to reduce import of oil and end pollution.

7 Sept 2018 4:14 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.

Sensex builds on gains for 2nd day as rupee recovers; auto leads rally

The 50-share Nifty went past the 11,600-mark to hit a high of 11,603 before finally ending 52.20 points.

7 Sept 2018 4:05 PM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

NCLAT wants to know India business models from WalMart and Flipkart

It has also asked trader's body CAIT to file its understanding over the Walmart's business model in India.

7 Sept 2018 4:03 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent

LIC currently holds 7.98 per cent in debt-ridden IDBI Bank, and is in the process of increasing its stake to 51 per...

7 Sept 2018 3:59 PM IST

Indian Railways (Photo: PTI)

'Plan Bee' a success for Indian Railways

A number of cases have been reported from several parts of the country, where elephants have collided with trains at...

7 Sept 2018 3:48 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.

RBI fines Union Bank Rs 1 crore for delay in fraud detection,...

However, the bank said that the amount of the penalty is not material considering the size of the bank.

7 Sept 2018 3:16 PM IST