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WPI inflation spikes to 6.55% in Feb on surge in food rates

Inflation based on wholesale prices shot up to 39-month high of 6.55 per cent in February because of costlier food and fuel items.The Wholesale Price ...


Sensex soared 616 points in opening trade today

The BJP's landslide victory in UP and Uttarakhand worked wonders for the market as the Nifty hit an all-time high of 9,123 and the Sensex soared 616 p...


Rupee zooms 42 paise against US dollar in early trade

The rupee soared 42 paise to 66.18 against the dollar early on Tuesday on increased selling of the US currency by exporters and banks amid higher fore...


FPIs infuse Rs.10,288 cr in capital markets

Foreign funds pumped-in over 10,200 crore rupees in the Indian capital markets so far this month. According to depository data, Foreign Portfolio Inve...


Nifty hits all-time high at open on BJP's UP win; rupee at highest level since April 2016

Benchmark indices surged at opening as investors cheered BJP’s stunning victory in Uttar Pradesh assembly elections, which gives it room for adding mo...


WhatsApp to bring this good old feature back on its app

Facebook-owned WhatsApp recently updated its chatting platform with a new 'Status' feature. WhatsApp users can now add pictures and videos as their St...


AirAsia announces discount on domestic, foreign travel

Malaysian no-frills carrier AirAsia today announced discounted fares, starting as low as Rs 899 for travel within India and Rs 4,999 for international...


HSBC appoints Mark Tucker as new chairman in management overhaul

Banking giant HSBC announced the appointment of a new chairman today as part of a management overhaul that will also see it choose a new chief executi...


On Holi, Airtel Gifts Postpaid Users 30GB 4G Data To Counter Jio

Airtel, which is currently locked in a battle with Reliance Jio for India's telecom market, is offering its users 30GB of free 4G data under its speci...


RBI removes limit on cash withdrawal, banks go back to pre-demonetisation era

The Reserve Bank of India on lifted the limit on cash withdrawals from banks and ATMs. Earlier on November 8, last year, Prime Minister Narendra Modi ...


Idea Cellular to offer free incoming calls on domestic roaming

Telecom operator, Idea Cellular announced free incoming calls for both Pre-paid and Post-paid customers on domestic roaming. The company, in its press...


ICICI Bank, SBI top bank frauds list: RBI

RBI data says, ICICI Bank topped the list of banks that witnessed most number of frauds during April to December period of 2016 with state-owned SBI t...


Subway to open nearly 100 outlets in next one year

New Delhi: Sandwich restaurant chain Subway is planning to open around 100 outlets over the next 12 months in India targeting new states to expand its...


State Bank of India launches new arm to manage group's real estate

The country’s largest lender State Bank of India has incorporated a specialised firm — SBI Infra Management Solutions Pvt Ltd (SBIIMS) — that will man...


American Airlines to invest $100m in Brazil, says minister

BRASILIA: American Airlines Inc. plans to invest $100 million in an aircraft maintenance center in Sao Paulo, a Brazilian minister said on Thursday, t...


Gold hits lowest since January

LONDON: Gold fell to its lowest in more than five weeks on Friday.Growing expectations that the US Federal Reserve will raise interest rates this mont...


Oil industry revives quest for deepwater reserves

HOUSTON: Deepwater oil drilling can be expensive, time-consuming and a hard sell to investors. But the world’s top energy firms are restarting their s...


Karnataka Bank signs MoU with Bajaj Allianz

City-based Karnataka Bankhas signed a Memorandum of Understanding (MoU) with Bajaj Allianz General Insurance Company for General Insurancebusiness.Wit...


RBI says note-ban impact on GDP over; warns of inflation spike

Mumbai: Post-demonetisation, the RBI on Friday warned of a possible spike in inflation and stressed the need to make digital payments “safe and secure...


Workers' unions react to Maruti violence verdict in Gurgaon

The industrial and workers' unions, on Friday, gave mixed reactions to the verdict on the labour unrest and mob violence at Maruti's Manesar unit on J...


Reliance Jio and Paytm tenders apology for using PM's photo in ads

New Delhi, Mar 10: Reliance Jio and Paytm have apologised for their 'inadvertent mistake' in using Prime Minister Narendra Modi's photograph in their ...


'Govt not considering reduction of taxes on petrol, diesel'

New Delhi, March 10: The government is not considering any reduction of taxes on petrol and diesel, Parliament was informed on Friday.'Government has ...


Holi offer: RCom offers 1GB for Rs 49 to new 4G customers

Reliance Communications today came out with a new offering that provides 1GB data to new 4G customers for Rs 49 whereas 3GB data will be priced at Rs ...


Direct tax collections show 10.7 per cent rise up to Feb: CBDT

The Central Board of Direct Taxation (CBDT) on Friday reported the direct tax collections up to February 2017 to witness steady growth trend."The coll...


Jaitley,RBI officials to discuss banks' bad loans

Finance Minister Arun Jaitley will meet with senior Reserve Bank of India (RBI) officials here on Friday to discuss the issue of banks' non-performing...


Ready to talk to banks for one-time settlement: Vijay Mallya

The embattled liquor baron Vijay Mallya today took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,0...


Sensex up 146 points on exit polls forecast

Riding on exit polls that predict the BJP emerging as the single largest party in UP and coming to power in Uttarakhand, the BSE Sensex climbed over 1...


India set to reap record Rabi crops: NCAER

India is expected to replicate the record Rabi crop production following record Kharif crop production output following a good monsoon in 2016. This w...


Paytm to levy 2% fee on topping up wallets with credit cards

Paytm users will now have to pay a two per cent fee for adding money to their wallets using credit cards. The move by the Alibaba-backed company came ...


Gold prices continue to fall

LONDON: Gold prices hit a four-week low on Wednesday as the dollar gathered strength on the prospect of a US interest rate hike.Investors are awaiting...

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