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Equity indices trade higher on supportive auto, oil, gas stocks

Mumbai: The key Indian equity indices traded in the positive territory on Friday afternoon supported by heavy buying activity in auto, oil and gas and IT stocks. However, weakness in the global...

2018-05-25 07:15:28.0

Fuel prices rise for 12th straight day

New Delhi: Fuel prices continued to increase for the 12th straight day today, with petrol and diesel prices hiked by 32 and 18 paise, respectively. As per the Indian Oil Corporation (IOCL),...

2018-05-25 06:41:05.0

Tenders worth Rs13,000 cr withdrawn to promote Make in India products

New Delhi: Government tenders worth about Rs 13,000 crore were either cancelled or withdrawn and re-issued after the Department of Industrial Policy and Promotion (DIPP) stepped in to change their...

2018-05-24 17:57:11.0

Bank credit grows 12.64%, deposits 7.61%

Mumbai: Banks' credit grew by 12.64 per cent year-on-year to Rs 85,51,099 crore in the fortnight ended May 11, 2018, according to an RBI data. In the similar fortnight ended May 12, 2017,...

2018-05-24 17:56:52.0

Sebi eases market access for foreign investors in IFSC

New Delhi: With a view to facilitate ease of market access for foreign investors, markets regulator Sebi on Thursday allowed 'segregated nominee account structure' in international financial services...

2018-05-24 17:56:19.0

Govt appoints non-executive chairpersons at three PSBs

New Delhi: The finance ministry on Thursday appointed non-executive chairpersons at Punjab and Sindh Bank, Dena Bank and Central Bank of India, as part of its agenda to reform public sector banks. ...

2018-05-24 17:55:46.0

Govt hikes import duty on wheat, 4 more items

New Delhi: The government on Thursday raised import duties up to 100 per cent on five products, including wheat, shelled almond, walnut, and protein concentrate, which are imported from the US and...

2018-05-24 17:55:05.0

ESC prepares strategy paper to boost exports to $ 178 bn by 2022

New Delhi: Electronics and Computer Software Export Promotion Council (ESC) has prepared a strategy paper to boost exports to $178 billion by 2022, the commerce ministry said. Releasing the paper...

2018-05-24 17:54:38.0

Jet Airways' auditors flag 'going concern' risks post Q4 loss

Mumbai: With Jet Airways incurring a huge fourth quarter loss of over Rs 1,000 crore, its auditors have said the "appropriateness of assumption of going concern" for the company depends on its...

2018-05-24 17:54:36.0

Maruti dominates PV segment in April with 7 models in top 10 list

New Delhi: Maruti Suzuki India (MSI) maintained its leadership position in the domestic passenger vehicles (PV) segment in April with seven of its models appearing in the top 10 selling list, and its...

2018-05-24 17:54:03.0

Nepal, India aim to better trade ties through Vizag port

Visakhapatnam: A delegation from Nepal on Thursday visited the port here and was briefed on its infrastructure and cargo-handling capacity to transport containers to its neighbour. The...

2018-05-24 17:53:57.0

Deutsche Bank slashes over 7,000 jobs in major shake-up

Frankfurt Am Main: Germany's largest lender Deutsche Bank said on Thursday it will slash over 7,000 jobs globally and dramatically scale back its investment banking activities as it seeks to turn the...

2018-05-24 17:52:28.0

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