Business

RBI is at an advanced stage of preparing a list of bad loans where resolution is required under the country's insolvency and bankruptcy rules, Arun Jaitley said.

The Reserve Bank on Wednesday warned of fiscal situation getting out of hand if states unabatedly continue to waive farm loans saying it also risk spurring inflation.

The BSE Sensex on Friday shot up another 133.86 points to a fresh all-time high of 30,883.89 and the Nifty hit 9,542.85 in early trade on Friday as the June derivatives series took off on a strong footing on encouraging earnings and sustained foreign capi...

Prime Minister Narendra Modi will tomorrow inaugurate the five-day annual meeting of the AfDB Group. It is for the first time that the meeting is being held in India.

Markets made a somersault of sorts on Friday as the benchmark Sensex rebounded 209 points to 30,643 on the GST Council's finalisation of tax rates for bulk of the items except six categories.

Following SBI, two leading private lenders ICICI Bank and HDFC Ltd on Monday slashed interest rate by up to 0.3 percent for loans of up to Rs 30 lakh to promote affordable housing.

As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.

Items like gutka, calculators and coloured TV picture tubes have been removed from the new series of Index of Industrial Production with 2011-12 as base year, while steroids and refined palm oil are among those that have found place in it.

Markets continued to ride the wave of gains early today with the BSE Sensex rising by about 49 points and the Nifty by over 15 points, driven by sustained rally in IT, tech, auto and metal sector stocks amid sustained foreign fund inflows.

The euro rallied to a six-month high against the dollar Monday after pro-European centrist Emmanuel Macron's victory in the French presidential election eased concerns about the country's future in the eurozone.

The Federal Reserve has left its benchmark interest rate at a still-low level near 1 percent while signalling that it expects a resilient U.S. economy and solid job market to justify higher rates later this year.

The ministry had earlier said the policy is a step towards steering the industry to achieve its future potential and strategy to deal with various impediments like high input cost, availability of raw materials, dependency on imports, financial stress etc...

Earlier this year, the telecom commission in a letter to the Telecom Regulatory Authority of India (Trai) warned of a loan default by operators. It asked the telecom regulator to revisit its tariff orders and free promotional offers of firms like Reliance...

A UN commission has said that India's growth rate is expected to reach 7.5 per cent in 2018, but warned that if the US policies take a very severe protectionist turn and the trend spreads, growth could be affected by as much as 1.2 per cent in the coming...

News18’s Tushar Dhara met Sanjeev Sanyal, the Principal Economic Adviser in the Finance Ministry, for his first in-depth interview to an Indian publication since he joined the government.

Finance Minister Arun Jaitley on Friday promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be "significantly different" from current levels.