Business
Modi promises American CEOs faster decision process
The Prime Minister acknowledged their concerns and pledged to speed up efforts to reduce the role of the government in business.
PM Modi meets Amercian CEOs at financial sector round-table conference
Modi said his government strongly supports Public Private Partnership.
Royal Bank of Scotland to exit India private banking business in management buyout
Although Asia's third-largest economy has been minting millionaires at a strong pace, it has failed to translate into profits for the foreign wealth managers that have set up teams of well-paid bankers to help manage those riches.
RBI grants in-principle nod to 10 entities for small banks
The Small Finance Banks can provide basic banking services like accepting deposits and lending to the unbanked sections such as small farmers, micro business enterprises, micro and small industries and unorganised sector entities.
Rupee closes 3 paise lower at 66.36 against US dollar
The dollar index was down by 0.07 per cent against a basket of six currencies.
Rupee recovers 9 paise against dollar at 66.34 in early trade
The rupee recovered 9 paise at 66.34 against the dollar in early trade today on fresh selling of the US currency by exporters.
Sensex ends below 25000, Nifty dives 96 points
The Nifty has lost 17 per cent from its highest level in 2015 and the Bank Nifty lost nearly 25 per cent.
It is real economy that matters, not transient factors: Finance Minister Arun Jaitley
They called for moving towards market-determined currency rates.
India's factory output growth slips; All eyes on RBI for rate cut
Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed today, adding to the clamour for interest rate cut by RBI.
Uncertain monsoon still a risk to growth, inflation: RBI
The report said that there is a need to put in place comprehensive and pre-emptive food management strategies to contain the spillovers of a feeble monsoon.
Global market turmoil an opportunity to grow: Arun Jaitley
Major markets globally have seen a sharp plunge in past few days, while a rout in Chinese stocks on Monday triggered a massive sell-off in India too.
Economy can withstand China ripple effects: RBI Deputy Governor Mundra
A day after the biggest-ever plunge in markets, RBI Deputy Governor S S Mundra sought to allay fears saying
Asian shares resume slide on fears over Chinese economy, investors jittery
The heavy fall in share prices worldwide over the past week has sharply reduced expectations of a US rate hike in September, but the outlook is far from clear.
Tokyo's Nikkei index rebounds from heavy losses to 1.5% gain
Topix index jumped 1.87 per cent, or 27.63 points, to 1,508.50, also clawing back big losses.
Rupee continues to sink; falls 29 paise at 65.83 against US dollar
Heightened fears of a China-driven global economic crisis as well as worries of imminent Fed rate hike predominantly kept intense pressure on the domestic currency.
Gold tops Rs 27,000-mark; surges Rs 480 to hit 2 month high
Gold reclaimed Rs 27,000-level on Friday after a gap of two months by climbing Rs 480 to Rs 27,180 at the bullion market here supported by a firm trend in global market coupled with domestic wedding season demand. Silver also advanced by Rs 200 to Rs 36,5...