Raghuram Rajan says cleaning up bank balance sheets biggest challenge, reduced lending holding up economy

Raghuram Rajan says cleaning up bank balance sheets biggest challenge, reduced lending holding up economy

06 Sep 2017

​Chennai: Former RBI Governor Raghuram Rajan on Tuesday said the biggest challenge is cleaning up the balance sheets of public sector banks. "RBI (dur

Aadhaar-PAN linking date extended to 31 Dec: These 7 steps will help you rectify the errors in PAN

Aadhaar-PAN linking date extended to 31 Dec: These 7 steps will help you rectify the errors in PAN

06 Sep 2017

​Now that the government has set a new deadline of 31 December for linking Aadhaar and PAN, the new extension date will be a relief to many of those w

From British Raj to Billionaire Raj – The story of India's income inequality

From British Raj to Billionaire Raj – The story of India's income inequality

06 Sep 2017

​New Delhi: The share of India's national income accruing to the top 1 percent income earners is now at its highest level since the creation of the In

Air India says it is in full compliance of all DGCA norms

Air India says it is in full compliance of all DGCA norms

06 Sep 2017

​New Delhi [India] September 5 (ANI): The Air India has said that it is in full compliance of all the Directorate General of Civil Aviation (DGCA) nor

Bharat Road Network IPO opens; Most analysts recommend 'Avoid'

Bharat Road Network IPO opens; Most analysts recommend 'Avoid'

06 Sep 2017

​Bharat Road Network opened its Rs 600-crore initial public offering for subscription on Wednesday but most stock analysts recommended avoiding the is

Market Live: Sensex sheds nearly 200 points, Nifty slips below 9,900 on North Korea worries

Market Live: Sensex sheds nearly 200 points, Nifty slips below 9,900 on North Korea worries

06 Sep 2017

​Mumbai: The BSE Sensex slumped and the NSE Nifty slipped below the 9,900-mark in early trade on Wednesday as realty, metal and banking stocks fell am

Satellite, heat shield of Indian rocket to re-enter in 40-60 days

Satellite, heat shield of Indian rocket to re-enter in 40-60 days

05 Sep 2017

​The Indian navigation satellite IRNSS-1H stuck inside a rocket's heat shield -- together weighing around 2.4-tonnes -- now tumbling in outer space, i

Indian Bitcoin trades encourage speculator restriction in an exceptionally unstable market

Indian Bitcoin trades encourage speculator restriction in an exceptionally unstable market

05 Sep 2017

​Bitcoin prices have shed 20 per cent the past three days from about $5,000 per unit in international market to $4,030 on Tuesday morning. In India, h

Services sector contracts for 2nd month in August on GST woes

Services sector contracts for 2nd month in August on GST woes

05 Sep 2017

​NEW DELHI: Service activity in India continued to remain subdued in August though he downturn was less severe than in July, a private survey showed o

Rupee opens 5 paise lower against US dollar at 64.05

Rupee opens 5 paise lower against US dollar at 64.05

05 Sep 2017

​NEW DELHI: The rupee on Tuesday opened 5 paise down at 64.05 against dollar on account of buying of American currency by banks and importers. The l

Sensex, Nifty trade in green; Nifty Realty recovers previous day's losses

Sensex, Nifty trade in green; Nifty Realty recovers previous day's losses

05 Sep 2017

​Benchmark indices were recovering from previous day's losses in the morning trade on Tuesday with BSE Sensex trading at 31,789.40, up 87 points or 0.

Demonetisation: RBI tells parliamentary panel it has no data on black money

Demonetisation: RBI tells parliamentary panel it has no data on black money

05 Sep 2017

​The Reserve Bank of India has no information on the black money that was eliminated after the government’s demonetisation drive in November 2016, or

IDBI Bank moves Supreme Court to restore insolvency case against Jaypee Infratech

IDBI Bank moves Supreme Court to restore insolvency case against Jaypee Infratech

05 Sep 2017

​New Delhi: IDBI Bank moved the Supreme Court on Tuesday seeking restoration of insolvency proceedings against Jaypee Infratech Ltd. “By staying the

Narrow escape: Air India Express plane veers off taxiway in Kochi due to heavy rains

Narrow escape: Air India Express plane veers off taxiway in Kochi due to heavy rains

05 Sep 2017

​Over a 100 people onboard an Air India Express flight from Abu Dhabi had a narrow escape after the Boeing aircraft veered off the taxiway on arrival

After SBI And ICICI, HDFC Bank Gets 'Too Big To Fail' Status: 5 Things To Know

After SBI And ICICI, HDFC Bank Gets 'Too Big To Fail' Status: 5 Things To Know

05 Sep 2017

​The Reserve Bank of India (RBI) on Monday added HDFC Bank to a list of "domestic systemically important banks", or the equivalent of "too big to fail

GST cess: President promulgates ordinance to raise ceiling on large cars, SUVs to 25%

GST cess: President promulgates ordinance to raise ceiling on large cars, SUVs to 25%

04 Sep 2017

​New Delhi: President Ram Nath Kovind has promulgated an ordinance enabling an increase in the goods and services tax (GST) cess on motor vehicles, in

Infosys' Narayana Murthy, other promoters to offer 1.77 cr shares worth Rs 2,038 cr for buyback

Infosys' Narayana Murthy, other promoters to offer 1.77 cr shares worth Rs 2,038 cr for buyback

04 Sep 2017

​New Delhi: Infosys promoters, including iconic co-founders N R Narayana Murthy and Nandan Nilekani, have offered to sell as many as 1.77 crore shares

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done

04 Sep 2017

New Delhi: While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the new denomination curr

ICICI Prudential AMC plans $400 million platform for realty investment

ICICI Prudential AMC plans $400 million platform for realty investment

04 Sep 2017

​Mumbai: ICICI Prudential Asset Management Co. (AMC) Ltd, the asset management joint venture of ICICI Bank Ltd and UK’s Prudential Plc., is looking to

This central railway coach has glass roof, push-back seats, LCDs, fridge, oven, juicer, grinder

This central railway coach has glass roof, push-back seats, LCDs, fridge, oven, juicer, grinder

04 Sep 2017

​The Central Railway received the first Vistadome coach with glass roof from the Integrated Coach Factory (ICF), Chennai on Sunday. The features of t