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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)

CPSE ETF: Fifth tranche subscription to open on Mar 19; govt eyes Rs...

This would be second Central Public Sector Enterprises ETF FFO in current fiscal after Rs 17,000 crore raised November.

17 March 2019 4:15 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

RBI Guv to hold pre-policy meet with trade bodies, rating agencies on...

Trade bodies, including industry chambers, rating agencies and representatives of Bank Depositors' Assn have been...

17 March 2019 3:16 PM IST

The project sanctioned by the NTPC has been on hold for more than a year.

NTPC's captive coal output to nearly treble in 2018-19

NTPC's captive coal production is expected be 7.25 mn tonnes, up by a 170 pc, from 2.68 mn tonnes, a company official...

17 March 2019 11:19 AM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

Trade deficit pegged at USD 93.32 billion in Apr to Feb 2018-19

Merchandise exports totalled 298.47 billion dollars, marking an increase of 8.85 per cent in the same period of previous...

16 March 2019 1:37 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Clearing backlog of defence purchases to be priorities for future:...

Development of rural India and improvement of healthcare and education would be the other priority areas, says Jaitley.

16 March 2019 11:00 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rallies 24 paise to 69.10 vs USD on robust foreign inflows

Forex traders said, the rally in the Indian markets was led by strong FII buying on account of reduction in geopolitical...

15 March 2019 6:27 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Govt banking on advance tax collection to meet direct tax target of Rs...

Government had earlier estimated Rs 11.5 lakh crore mop-up from direct tax collection.

15 March 2019 3:02 PM IST

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

India sets 'aspirational' target for engineering exports at USD 200 bn...

Technology trends and emergence of digital technologies are expected to significantly change engineering exports...

15 March 2019 1:49 PM IST

India will on Monday import its first ever cargo of LNG from Russia under a long-term deal as the worlds fourth-largest buyer of liquefied natural gas (LNG) diversifies its import basket to meet its vast energy needs.

India LNG demand journey to be shaky, slow due to infrastructure...

Government aims to run all LNG terminals at full capacity by 2022 as it works to complete entire pipeline grid, said Oil...

15 March 2019 11:19 AM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Oil prices firm as supply deficit emerges amid disruptions

OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to...

15 March 2019 10:49 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 March 2019 10:27 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee spurts 20 paise to 69.34 to end at 7-month high on robust...

The strong foreign fund flows in the current month also bode well for the rupee strength.

14 March 2019 7:00 PM IST