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Liquidity in the economy has been tight for more than two months now since payment defaults by IL-FS

A day after the Reserve Bank of India (RBI) announced to inject additional liquidity of Rs 40,000 crore through purchase of government securities, a senior Finance Ministry official said the central bank is not doing enough. "Primary liquidity

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INR Vs USD: The dollar jumped to a near one-and-a-half-year high.

The rupee lost 10 paise against the US dollar in early trade on Wednesday after the American currency gained against peers overseas and crude oil prices recovered, reported news agency Press Trust of India (PTI). However, losses in the rupee

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Indian Railways provides a variety of options to suit customer's personal requirements.

Besides offering ticket reservation and cancellation services, Indian Railways also offers several amenities for passengers. These services are available both in trains as well as at stations to make the travel comfortable and enjoyable, noted Indian Railways on

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Liquidity in the economy has been tight for more than two months now since payment defaults by IL-FS

A day after the Reserve Bank of India (RBI) announced to inject additional liquidity of Rs 40,000 crore through purchase of government securities, a senior Finance Ministry official said the central bank is not doing enough. "Primary liquidity

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Top government officials have pressed the RBI to ease capital rules for banks.

MUMBAI/NEW DELHI: 

For all the cordiality on show at the end of Reserve Bank of India's last board meeting, tensions could re-surface when it next gathers on December 14 as the government aims to ramp up pressure for changes in the way the central bank operates. A

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The RBI governor faced many questions related to the feud with the government.

Citing strong fundamentals, Reserve Bank of India (RBI) Governor Urjit Patel told a group of lawmakers on Tuesday that the impact of demonetisation was "transient" and the economy had registered a robust credit growth of 15 per

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MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8 per cent.

The domestic stock markets opened on a strong footing on Thursday in line with global peers after the US Federal Reserve signalled that the three-year tightening cycle is drawing to a close. The S-P BSE Sensex opened at 35,997.29 and the Nifty50 barometer of the

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Sensex saw its worst monthly decline in October since the financial crisis a decade ago.

BENGALURU: The outlook for domestic stocks for 2019 has been downgraded for the first time this year, according to a Reuters poll of strategists who expect the market to recoup its recent losses only once uncertainty around next year's elections fade. Pressured

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The rupee on Monday fell by 18 paise to close at 70.87 against the US dollar.

The rupee recovered marginally by 8 paise to close at 70.79 against the US dollar on Tuesday on increased selling of the greenback by exporters and softening crude oil prices, reported Press Trust of India (PTI). The rupee's rise

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As per the data, growth rates for all years between 2005-06 and 2011-12 have been revised downwards.

The government on Wednesday released the much awaited back-series estimates for the country's GDP which showed a lower rate of growth during the UPA years between 2005-06 and 2011-12 than what was estimated using the earlier methodology. As per the

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The rate of rise in SBI FD interest rates is between 0.05-0.10 per cent or 5-10 basis points.

State Bank of India (SBI), the largest lender of the country, revised its fixed deposit (FD) interest rates on select maturities with effect from today, the lender said on its website, sbi.co.in. The rate of rise in SBI FD interest rates is between

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One can deposit money in fixed deposits for a specific period, ranging from seven days to 10 years.

A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixe

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HDFC Bank and ICICI Bank last revised their FD interest rates on November 6 and November 15 respectively.

State Bank of India (SBI), the largest lender of the country, revised its fixed deposit (FD) interest rates with effect from today, the bank said on its website - sbi.co.in. A fixed deposit (FDs) is a secure financial instrument offered by

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Thirty four out of 50 Nifty stocks gained in trade.

The domestic stock markets opened in the green on Wednesday amid mixed global cues. The S-P BSE Sensex opened at 35,635.52 against its last close of 35,513.14 and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,708.75, as compared to its previous close of 10,685.60. At

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Nifty IT, the index of information technology shares on the NSE, gained 1.43 per cent.

The domestic stock markets closed in the green after a volatile session on Tuesday. The S-P BSE Sensex closed 159.06 points or 0.45 per cent higher at 35,513.14, while the broader Nifty50 barometer of the National Stock Exchange (NSE) settled at 10,685.60, up

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Diesel prices also declined on Wednesday in tandem with cost of petrol.

NEW DELHI: Petrol prices on Wednesday touched the lowest level in the ongoing financial year across the four metro cities -- Chennai, Delhi, Kolkata, and Mumbai. In the national capital, petrol price fell to Rs 73.57 per litre against Tuesday's level of Rs 74.07 per litre,

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INR Vs USD: Rupee opened lower at 70.88 per dollar and dropped further to quote at 70.89.

MUMBAI: The rupee depreciated by 10 paise to 70.89 against the US dollar in early trade on Wednesday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US

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On Monday, gold prices rose by Rs 100 to settle at Rs 31,850.

Gold prices remained stable at Rs 31,850 per 10 gram in the bullion market on Tuesday, reported Press Trust of India (PTI). Sovereign gold too remained steady at Rs 24,800 per piece of 8 gram. However, silver rates fell by Rs 150 to Rs 37,300 per kg owing to lower demand from industrial

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Bitcoin, the world's biggest and best-known cryptocurrency, hit a daily high of $4,157.

LONDON: 

Bitcoin rallied 10 per cent on Wednesday to more than $4,100, putting it on course for its biggest daily rise since mid-April as it pulled itself out of a recent slump. The world's biggest and best-known cryptocurrency hit a daily high of $4,157, its

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Earlier, it was reported that Nestle, Unilever and Coca-Cola were among bidders for Horlicks unit.

GlaxoSmithKline Plc is in exclusive talks to sell its domestic Horlicks nutrition business to Unilever Plc, putting an end to an auction that is expected to fetch more than $4 billion, Financial Times reported on Tuesday.

Unilever beat a bid from Swiss

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Urjit Patel was earlier scheduled to appear before the panel on November 12.

RBI Governor Urjit Patel Tuesday appeared before a parliamentary panel to brief on demonetisation and NPA situation in the public sector banks, among other issues, sources said. 

Patel was earlier scheduled to appear before the panel on November 12. Source said issues

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Earlier in sale process, sources had told Reuters the assets could be valued at more than $4 billion.

HONG KONG/ZURICH: 

Unilever PLC has emerged as the leading bidder in a tight contest for GlaxoSmithKline PLC's domestic Horlicks nutrition business, two people familiar with the situation told Reuters on Wednesday. If it is able to clinch the deal,

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One of the main challenges for export is finance, said Suresh Prabhu.

Commerce Minister Suresh Prabhu on Tuesday said he has taken up the issue of the credit crunch facing exporters with the Finance Ministry along with the request to ensure adequate availability of funds to them.

Data from various sources indicate a decline in export credit growth

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A Public Provident Fund (PPF) account matures in 15 years.

India Post, the postal network of the country, offers several savings schemes to mobilize small investments. One such savings scheme offered by India Post is the Public Provident Fund (PPF) account. PPF offers an investment avenue with decent returns coupled with income tax benefits. For

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On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 811.52 crore.

The domestic stock markets closed with gains for a third straight day on Wednesday. The S-P BSE Sensex closed 203.81 points or 0.57 per cent higher at 35,716.95, while the broader Nifty50 barometer of the National Stock Exchange (NSE) settled at 10,728.85,

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The firm -- AIATSL -- provides ground handling service at most of the airports in India.

The Central government has decided to go in for a strategic disinvestment of Air India's ground handling subsidiary to partially retire the national passenger carrier's accumulated debt.

Accordingly, an inter-ministerial panel, Air India Specific Alternate

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The government said on Monday that it was reviewing airlines' decision.

The Indian Railways does not charge extra money from customers for web-check ins, the government said. The statement from the Ministry of Railways came after budget airline IndiGo invited public ire for allegedly charging customers for all seats booked under web check-ins. "No

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Yes Bank shares closed at Rs 161.70, after falling 11.71 per cent or Rs 21.45 on the BSE.

Yes Bank, the fifth largest lender in terms of assets, plummeted to a 20-month low on Wednesday even as it said that it was not involved in the fund management of its promoter firms YES Capital (India) Pvt Ltd and Morgan Credits Pvt Ltd. The response of Yes

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SpiceJet connects its network with a fleet of 41Boeing 737 planes.

Customers of SpiceJet will not be able to book tickets or carry out any modification in their journey plans between 2300 hours Tuesday and 0930 hours on Wednesday owing to a systems upgrade, the airline has said. However, the airline's check-in systems will remain functional during

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Lower oil prices mean less pressure on inflation.

Just a couple of months ago, major oil trading houses were predicting the return of $100 crude. Now, with oil prices at half that level, here's a look at what the slump means for the world economy. Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi

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