- Aug 27, 2015 23:06 IST
Prime Minister Narendra Modi has expressed concern over predatory pricing by domestic airlines, which is giving a bad name to the industry, minister of state for aviation Mahesh Sharma has said.
- Aug 27, 2015 23:01 IST
As the Narendra Modi government's flagship scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) completes one year on Friday with 174.5 million accounts and a total deposit of Rs 20,769.33 crore, the goalpost for banks is now likely to shift.
- Aug 27, 2015 20:04 IST
The apex consumer commission has imposed a cost of Rs one lakh on Godrej and Boyce Manufacturing Company Ltd penalising it for selling goods at more than maximum retail price (MRP), and also dismissing its plea challenging a state commission's order.
- Aug 27, 2015 19:06 IST
Competition commission has given a green light to the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.
- Aug 27, 2015 16:06 IST
Tracking a weak overseas trend and slackened demand from jewellers at prevailing levels, gold continued its losing streak for the third straight day and tumbled by Rs 380 to Rs 26,650 in Delhi on Thursday.
- Aug 27, 2015 10:05 IST
The benchmark BSE Sensex on Thursday staged a strong comeback and jumped 517 points -- its biggest single-day jump in two weeks -- to reclaim the 26,000-mark on gains in healthcare and realty stocks after the US Fed said a case for rate hike in September seemed "less compelling".
- Aug 27, 2015 09:25 IST
A strong rebound on Wall Street helped calm global markets after days of wild volatility, helping China's major stock indexes rise on Thursday.
- Aug 27, 2015 09:50 IST
The rupee recovered by 10 paise to settle at 66.04 against the American currency on fresh selling of dollar by banks and exporters amid a smart rebound in local equity markets.
- Aug 27, 2015 00:46 IST
In a bid to make tax filing easier, the Central Board of Direct Taxes (CBDT) is exploring to come up with a mobile app that is expected to let users connect and check their tax account wherever they are in the world.
- Aug 27, 2015 00:35 IST
Concerns raised by Prime Minister Narendra Modi on call drops will be conveyed directly to promoters of telecom companies, with a warning letter saying the government will impose strict penalty if they do not resolve the issue, a senior official of the telecom department said.
- Aug 27, 2015 00:29 IST
Central trade union leaders on Wednesday refused to withdraw their nationwide strike call for September 2 to protest against proposed labour reforms, after their meeting with a group of ministers (GoM) failed to make any headway.
- Aug 26, 2015 23:22 IST
As US markets jumped on Wednesday morning, a key Federal Reserve official indicated, without connecting the two, that the rate hike expected in September looked less likely now.
- Aug 26, 2015 21:55 IST
In a first in the extremely competitive home finance market, ICICI Bank, on Wednesday, launched a mortgage product backed with a guarantee to help the borrower avail more credit and also extended the tenure, for an upfront fee of 2% of the loan amount.
- Aug 26, 2015 18:56 IST
A 27-year-old Indian-origin former security analyst at J P Morgan Securities and two of his friends have been booked on charges of insider trading that netted nearly USD 7,00,000 in illicit profits.
- Aug 26, 2015 21:09 IST
Chinese police have summoned 11 people, including a financial journalist, who are under investigations for illegal stock market activities, the state media reported, as the government targets volatility on the exchanges.