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Government data showed on Thursday that the industrial output shrank at its fastest rate in more than 6 years in August.

India's October jobless rate rises to 8.5 pc, highest in over 3 years:...

India's infrastructure output fell 5.2 per cent in September from a year earlier, the worst performance in years.

1 Nov 2019 1:19 PM IST

Youngsters these days are following the trend of switching jobs often.

Bullion banks would create 25,000 jobs: WGC

While existing commercial banks can have separate bullion banking operations, new bullion banks can also be created.

1 Nov 2019 2:15 AM IST

In view of a staff crunch, it has been decided to authorise private agencies to test and certify the installation of elevators in all the buildings in the city, a government official said. (Representational Image)

Johnson Lifts eyes overseas acquisition

The Rs 2,000-crore company exports elevators and escalators to Sri Lanka, Nepal, Bhutan, Myanmar, Maldives and Tanzania.

1 Nov 2019 2:06 AM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.

Yes Bank gets Rs 8500 crore global investor offer

While the bank did not name the investor, according to reports, it was Hong Kong-based SPGP Holdings.

1 Nov 2019 1:56 AM IST

Global IT services company Cognizant will lay off around 7,000 mid-to-senior level employees globally and is exiting the Digital Content Business, which will affect another 6,000 jobs.

Cognizant to lay off around 7,000 staff

The plan will sharpen the company's strategic focus and simplify the operating model.

1 Nov 2019 1:48 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi tightens norms for listed banks on bad loan disclosures

The decision has been take in consultation with the RBI, the Sebi said in a circular.

31 Oct 2019 5:43 PM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Banks' payments revenues to dent by USD 9 billion by 2025: report

Banks may not be able to garner all the goods for themselves, as the non-bank players become more active in the segment.

31 Oct 2019 5:21 PM IST

In the international market, gold was trading higher at USD 1,489.50 per ounce and silver at USD 17.82 an ounce.

Gold prices up Rs 115 to Rs 39,017 per 10 gram

Gold is trading at Rs 39,017 per 10 gram in the national capital on firm global trends.

31 Oct 2019 4:27 PM IST

As recent as 2018-19, the sector had attained a size equivalent to 7.5 per cent.

Auto sector's contribution to GDP may slip to 7 pc this fiscal: Acuite...

Two wheelers and three wheelers, were expected to decline by 6-7 pc this fiscal as compared with 2018-19 to around 25...

31 Oct 2019 3:15 PM IST

Onion, tomato are being sold at up to Rs 70 per kg, depending on the quality and locality, as per trade data. (Photo: File)

Onion, tomato prices continue to rule high at Rs 60-70/kg in Delhi

The data maintained by the Consumer Affairs Ministry also showed retail price of onion ruling high at Rs 55/kg in the...

31 Oct 2019 12:36 PM IST

Compared to e-commerce which has a user base of 90 million, social commerce has greater access to the larger vernacular audience of over 200 million, who are active on WhatsApp, Facebook or other social media sites.

Unicorns to come from social commerce

The new entities have also started grabbing attention of venture capital firms.

31 Oct 2019 1:04 AM IST

In first such initiative, Srei Equipment Finance Limited, an arm of Srei Infrastructure Finance Limited (Srei), has teamed up with United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.

Srei, United Bank team up to offer MSME loans

The joint initiative is aimed at fulfilling the government's vision of making credit available to MSME and retail...

31 Oct 2019 1:00 AM IST