Mumbai, June 8
The rupee opened marginally higher and touched 69.21 against the US dollar in opening trade on Friday, after the Reserve Bank cut key interest rates by 0.25 percentage point.
To boost the sagging economy, the RBI on Thursday lowered...
Mumbai, June 8
Domestic equity benchmark BSE Sensex fell over 200 points in early trade Friday led by losses in financial stocks amid concerns over the state of the NBFC sector.
The 30-share index was trading 211.04 points, or 0.53 per cent,...
Colombo, June 7
SriLankan Airlines, the flag carrier of the island nation, has been named the 'World's Most Punctual Airline' for the second consecutive time with over 90 per cent of its flights in May being "on time", authorities said...
New Delhi, June 8
The Enforcement Directorate (ED) on Friday summoned former ICICI bank Managing Director and CEO on June 10 in connection with the Rs 1,875 crore Videocon loan case, an official said.
The senior ED official told IANS that Kochhar...
Mumbai, June 8
The Reserve Bank on Friday issued a new framework for resolution of bad loans, replacing the previous norms quashed by the Supreme Court in April, offering a 30-day gap for stress recognition instead of the one-day default...
New Delhi,june 08
A Delhi court on Friday directed the authorities concerned to withdraw the look out circular against Rajiv Kochhar, brother-in-law of former ICICI Bank CEO Chanda Kochhar, in an alleged bank loan fraud and money laundering case. Special...
Chandigarh, June 8
There is a glaring North-South divide when it comes to buying gold jewellery. The northern region, which constitutes 15% of the total gold demand in the country, prefers studded gold ornaments while the southern region prefers pure gold....
Mumbai, June 8
The RBI today issued a new framework for resolution of bad loans, replacing the previous norms quashed by the Supreme Court in April, offering a 30-day gap for stress recognition instead of the one-day default earlier.
The new norms...
Paris,june 08: Italian-American carmaker Fiat Chrysler on Thursday withdrew its blockbuster proposal to merge with Renault, blaming political objections in Paris and sparking a war of words with French officials. Fiat Chrysler (FCA) had stunned the markets last week...
Chandigarh, May 24
High earnings, coupled with bumper exports last year, will drive Punjab farmers to grow more basmati. The area is set to gain acreage and would touch 7 lakh hectares in the current sowing season compared to 5.47...
