Business

Addressing a trade delegation led by Thailand deputy Prime Minister Jurin Laksanawisit, Rama Rao said there are huge opportunities for Thai companies for working in areas of food processing industries.

A $ 5 trillion economy can be achieved by increasing domestic production and reducing dependence on imports, Nitin Gadkari said.

So far, RBI has refused to play its role as the lender of last resort, terming the problem at select NBFCs as one created because of asset-liability mismatches, where entities depended on short-term liabilities to fund long-term assets and found the going...

On Wednesday, Reuters reported that India is planning to cut some imports from Turkey and widen restrictions on Malaysia, targeting the two Muslim-majority countries for their criticism of New Delhi's policy towards Kashmir.

The United States on Wednesday signed the first phase of a trade deal with China, which President Donald Trump described as historic, concluding more than a year of tough negotiations between the two largest economies of the world.

The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13.

IndusInd Bank shares declined by another 5% to trade at Rs 1,406.50 apiece on Wednesday, 15 January, after closing down 3.8% lower in the previous session. The private sector lender on Tuesday said profit grew 32% year-on-year to Rs 1,300.2 crore in the D...

Treasury Secretary Steven Mnuchin said late on Tuesday that the United States would keep in place tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement, triggering some profit-taking in risk assets.

In a monetary suit filed on January 10, the bank sought dismissal of Chanda Kochhar's petition and stated that the issue can be decided in a commercial suit.

According to the SBI research report- Ecowrap, there is a decline in remittances in a few states like Assam and Rajasthan, reflecting downsizing of contractual labourers.

The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last month.

The National Consumer Disputes Redressal Commission observed that without the title deed, the customer would not get the true market value of the property nor will any bank give him a loan in the future.

NHPC Ltd shares slipped 1.3% after the company said it raised Rs 500 crore in second tranche through private placement of secured, redeemable, taxable, non-cumulative, non-convertible 7.38% NHPC-Y1 Series Bonds.

The benchmark WTI jumped as much as 4.53 percent to $65.54 a barrel before settling down slightly after Iran unleashed its first response to the US assassination of military commander Qasem Soleimani.

Gold, considered a safe asset in times of political and economic uncertainty, had jumped in the last two sessions on concerns of a wider conflict after a U.S. airstrike killed Iran's top military commander Qassem Soleimani last week.

Gold had earlier breached Rs 40,000 mark per 10 gm on Friday. Monday's rally takes the total jump in gold prices in the last two trading sessions to over Rs 1,800 per 10 gm.