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Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic. (PTI Photo)

Housing sales down 67% in April-June 2020

Housing sales in Chennai and Hyderabad plunged 74 per cent at 996 units and 1,522 units, respectively

10 July 2020 12:51 PM IST

ED attaches Rs 2,800 cr assets of Rana Kapoor, Wadhawan brothers under PMLA. (PTI Photo)

Yes Bank: ED attaches over Rs 2,800 crore assets of Rana Kapoor,...

The assets include immovable properties in India and abroad, bank accounts, investments, luxury vehicles, among others

10 July 2020 12:04 PM IST

India and the European Union (EU) will hold their 15th bilateral Summit on July 15 via video conference. (Photo- Twitter)

India-EU virtual bilateral summit on July 15

Summit will review India-EU cooperation covering political & security relations, trade & investment and economic...

10 July 2020 10:29 AM IST

Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth Rs 3,689 billion. (PTI Photo)

PNB reports over Rs 3600 crore DHFL loans as fraud

DHFL accumulated total debts of almost Rs 1 trillion and then failed to honour dues to its creditors

10 July 2020 9:09 AM IST

Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under a swap deal. (PTI Photo)

Reliance to load Venezuelan oil cargo under fuel swap deal

Reliance gave US State Department notice of diesel swap and received word back that policies that allowed transaction...

10 July 2020 9:05 AM IST

Yes Bank to raise up to Rs 15,000 crore through FPO; offer to open on Jul 15. (AFP Photo)

Yes Bank's Rs 15,000 crore FPO to open on July 15

Yes bank said the offer size of the FPO is Rs 15,000 crore including an employee reservation portion of up to Rs 200...

9 July 2020 12:49 PM IST

Finance Ministry requested states to ensure safety and security of bank officials and take stern action against perpetrators. (PTI Photo)

Ensure bankers' safety, take stern action against unruly: Finance...

Last month, a woman bank employee in Canara Bank (erstwhile Syndicate Bank) was attacked by a police constable at Saroli...

9 July 2020 12:28 PM IST

Representative Image.

India, US to initiate clinical trials for Ayurvedic formulations...

According to the ambassador, there are at least three ongoing collaborations between Indian vaccine companies with...

9 July 2020 9:58 AM IST

SBI chairperson Rajnish Kumar. State bank of India approved a further investment of upto 17.60 billion rupees in public offering of Yes Bank. (PTI Photo)

SBI to invest Rs 1760 crore in Yes Bank

In March this year, SBI board had approved an investment of Rs 72.50 billion into the troubled lender Yes Bank.

9 July 2020 8:54 AM IST

Suspension of the H1-B visas by the US will cost domestic IT firms Rs 1,200 crore. (AFP Photo)

H1-B visa suspension by US to have Rs 1,200 crore impact on Indian IT...

Visas used by Indian tech professionals were suspended by the Donald Trump administration as it looked to arrest the...

6 July 2020 4:52 PM IST

Adverse impact on domestic economic activity as well as a slowdown in global trade has resulted in a steep contraction in cargo volumes at the major ports. (PTI Photo)

Port sector to witness cargo volume contraction, project delays: ICRA

Further, factors like changes in global supply chain pattern during the recovery phase will also have an impact on the...

5 July 2020 10:07 AM IST

Representational Image. (AFP)

MSMEs feel heat due to delay in clearance of Chinese goods

Officials at Chennai Customs, however, told that they clear the goods of big companies because they have their own...

4 July 2020 10:28 AM IST