Vishal Sikka joins Oracle's board of directors
Former Infosys CEO Vishal Sikka, who recently launched his AI startup Vianai Systems, has been nominated to the board of directors of global technolo...
Passenger vehicle sales decline marginally in Nov
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Domestic car sales ...
Govt hikes toria MSP by Rs 525 per quintal
The government hiked the support price of toria, an oilseed similar to rapeseed, by Rs 525 per quintal to Rs 4,425 for the current year. The minimum ...
ICICI Bank inaugurates new service center in Bahrain
ICICI Bank said India's Ambassador to Bahrain Alok Kumar Sinha inaugurated its new 'service center' in Bahrain, making it the bank's second physical ...
Currency in circulation rises to Rs 21 lakh cr as on March 2019
Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-...
Budget-making team of FinMin short of 2 key officials
The budget-making team of the Finance Ministry is short of two key officials, including a full-time expenditure secretary, while the preparation for ...
Gold slides Rs 32 on stronger rupee, global cues
Gold prices fell by Rs 32 to Rs 38,542 per 10 gram in the national capital on Monday due to rupee appreciation and selling in global market, accordin...
Sensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on ...
Vodafone Idea launches Rs 219, Rs 449 prepaid plans
Vodafone Idea has brought two new unlimited prepaid plans. These new prepaid recharge plans, available at denominations of Rs 219 and Rs 449, are des...
India in midst of a 'growth recession': Raghuram Rajan
Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a 'growth recession' with signs of deep malaise in the India...
NTT India sets USD 1 bn revenue target in 2 yrs
Japanese technology major NTT has set a target of crossing the USD 1 billion revenue target in the next two years from its India operations. This mea...
Govt working on more measures to boost economy: Minister
Finance Minister Nirmala Sitharaman said the government is working on more measures to revive the sagging economy. The GDP growth slowed down to more...
Sensex cracks over 334 pts; Nifty tumbles below 12,000
The BSE benchmark Sensex plummeted over 334 points while the NSE Nifty slipped below the key 12,000-level on Friday, dragged by heavy losses in banki...
RBL Bank raises Rs 2,025 cr through QIP
RBL Bank said it has raised Rs 2,025.27 crore from institutional investors through a qualified institutional placement offering (QIP) and will utilis...
China to exempt 'some' U.S soybean, pork from tariffs
China said it will offer a tariff waiver to 'some' imports of U.S soybean and pork, in the latest sign of easing trade tensions between Beijing and W...
Vodafone Idea will shut in absence of govt relief: Birla
Vodafone Idea will have to be closed down if the government doesn't provide relief that the company has sought, its chairman Kumar Mangalam Birla sai...
RBI satisfied with pace of monetary transmission
Reserve Bank governor Shaktikanta Das expressed satisfaction with bankers for passing its rate cuts to borrowers, saying the monetary transmission ha...
Gold falls Rs 74, silver tumbles Rs 771
Gold prices on Thursday fell by Rs 74 to Rs 38,985 per 10 gram in the national capital on rupee appreciation.
The precious metal had closed at ...
Highlights of RBI's monetary policy statement
Following are the highlights of the RBI's 5th bi-monthly monetary policy statement of 2019-20:-
* Repo rate or short-term lending rate unchange...
RBI keeps benchmark interest rate unchanged at 5.15%
The Reserve Bank of India on Thursday kept the key policy rate unchanged at 5.15 per cent and decided to continue with its accommodative stance to su...
