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New Delhi: India’s urban unemployment rate between January and March this year fell to 9.3 per cent, the lowest in at least four quarters, according to an unpublished government report reviewed by Reuters. The numbers, recorded in the statistics ministry’s quarterly...
New Delhi: Commerce and Industry Minister Piyush Goyal on Friday said he will work with gems and jewellery industry on their demand to cut import duty on gold and bring back businesses, which have shifted from the country. He also asked...
New Delhi: India’s top telecom firms, Bharti Airtel and Vodafone Idea, have asked the Supreme Court to review a ruling forcing them to pay the bulk of outstanding government dues of USD 13 billion, media said on Saturday. Last month’s ruling...
MG will be using a mobile showroom to reach out to areas that do not have a dealership yet. The mobile showroom will head to Tier II and Tier III cities in India.   It will showcase the MG...
Mumbai, Nov 21 : Market benchmark Sensex settled 76 points lower on Thursday, tracking weak cues from global equities as US-China impasse continued to weigh on investor sentiment. After trading on a choppy note through the day, the 30-share index...
New Delhi, Nov 21 : Indian market created history yet again on November 20 when the Sensex hit a new high of 40,816, while the Nifty had a touch-and-go moment with 12,000, just 120 points shy of its best-ever performance...
New Delhi, Nov 21 : The Indian rupee opened on a cautious note and fell 8 paise to 71.89 against the US dollar in early trade on Thursday tracking muted opening in domestic equities. At the interbank foreign exchange, the...
New Delhi, Nov 21 : Shares of Bharat Petroleum Corp Ltd (BPCL), Shipping Corp of India (SCI) and Container Corp of India (Concor) showed mixed trend on Thursday after the Cabinet approved sale of government's stake in these companies. BPCL...
New Delhi, Nov 21 : Govt has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala Sitharaman said on Wednesday, a move that could help bridge a widening fiscal gap. Prime...

RBI supersedes DHFL board

New Delhi, Nov 21 : The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender. The...

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