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The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank shares down 2.5 per cent after Q1 results

The bank had registered a net profit of Rs 1,306 crore in the June quarter of 2017-18.

31 July 2018 1:03 PM IST

US Commerce Secretary Wilbur Ross. (Photo: AP)

US eases export controls for high-tech sales to India: Ross

Move to grant Strategic Trade Authorization status STA1 to India reflects its efforts to improve its own export-control...

31 July 2018 10:06 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Moody's: GST cut is credit negative

Shortfall in tax revenue to be partly offset by improved tax compliance.

31 July 2018 1:51 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank Q1 profit slips 46 per cent to Rs 701 crore

In absolute terms, gross NPAs rose at Rs 32,662.40 crore as on June 30, 2018 compared to Rs 22,030.87 crore a year...

30 July 2018 7:19 PM IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Bank of Baroda shares zoom over 10 per cent post Q1 results

Shares of the company soared 9.92 per cent to close at Rs 151.75 on the BSE.

30 July 2018 7:11 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

Reserve Bank of India's interest rate setting panel starts 3-day meet

Experts are divided in their opinion about the likely action of Reserve Bank of India on the benchmark lending rate.

30 July 2018 6:41 PM IST

State Bank of India

Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:20 PM IST

HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of 2017.

HSBC appoints Surendra Rosha as India CEO

He is currently HSBC's Head of Financial Institutions Group (FIG) for Asia-Pacific.

30 July 2018 12:04 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Inflation, growth momentum suggest RBI will hit pause button: report

RBI will keep the repo rate unchanged at 6.25 per cent in its policy review meet next week says a report.

29 July 2018 11:48 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs net inflow at Rs 1,800 crore in equities in July so far

Overall, so far this year, FPIs have pulled out nearly Rs 4,600 crore in equities.

29 July 2018 11:21 AM IST

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

RBI rate decision, Q1 earnings, macro data key for markets this week

PMI data for the manufacturing and services sectors would also influence trading sentiments.

29 July 2018 11:17 AM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

Import tariffs will have far-reaching implications on global growth:...

Investors have been incrementally more concerned about the impact of trade tensions on global growth.

29 July 2018 10:47 AM IST