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October 16, 2018 4:33:25 pm

Goyal made this statement while reviewing issues of production and evacuation of the dry fuel in a joint meeting with officials from ministries of coal and railways, as well as East Coast Railway Mahanadi Coalfields and the Odisha government.

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October 16, 2018 4:31:41 pm

According to the Sebi data, total value of P-note investments in Indian markets - equity, debt, and derivatives - slumped to a low of Rs 79,548 crore till September-end from Rs 84,647 crore clocked by August-end, which was the first rise in such fund infusion in 10 months.

Passengers at Delhi airport
October 16, 2018 2:28:57 pm

A sudden social or family gathering, or an unexpected holiday can call for a spontaneous trip. And this may not be easy to finance unless you have disposable funds.

Volkswagen CEO says German carmakers have only 50% chance of staying ahead
October 16, 2018 1:07:46 pm

"From today's point of view the chances are perhaps 50-50 that the German auto industry will still belong among the global elite in 10 years' time," Herbert Diess said.

RBI approves appointment of Sandeep Bakshi as ICICI Bank MD, CEO
October 16, 2018 10:50:11 am

Facing enquiry over the charges of nepotism and conflict of interest, ICICI Bank's former MD and CEO Chanda Kochhar had quit the bank on October 4, six months before her current tenure was to end.

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October 16, 2018 10:39:13 am

Rising for the third straight session, the 30-share index gathered 218.81 points, or 0.63 per cent, to 35,083.91 with all the sectoral indices led by auto, realty, consumer durables, capital goods and bankex trading higher by up to 1.15 per cent.

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October 16, 2018 9:59:37 am

Dealers attributed the rupee's fall to the dollar's strength against some other currencies overseas but fresh inflows by foreign funds and a higher opening in domestic equity markets, capped the losses.

October 16, 2018 8:16:49 am

Japan's Nikkei bounced 0.3 percent following a decline of nearly 2 percent the previous day.

R C Bhargava on IL&FS, Maruti boards; his son in investor Abu Dhabi fund
October 16, 2018 7:01:33 am

While ADIA declined to comment on the questions mailed to its spokesperson, a source clarified that Aditya Bhargava is head of India real estate and has no involvement with nor has any visibility on equity investments like these which are subject to Chinese walls.

October 16, 2018 4:36:28 am

Out of the total number of 17.95 lakh registered companies, 6.11 lakh were closed as on August 31.

The company, which is launching the product in the US, said approval has been granted in the strengths of 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg.
October 16, 2018 4:31:43 am

The sale includes all related fixed assets which includes land and building, current assets, current liabilities and its employees, the company said in a statement.

October 16, 2018 6:03:31 am

The remarks come on a day when the ministers from the oil producing nations along with chiefs of global oil companies such as BP met Indian Prime Minister Narendra Modi who urged them to bring their investible surplus to India and deepen energy ties.

Maharashtra: As alternate markets take off, wholesale markets lose business
October 16, 2018 4:07:37 am

Food articles witnessed hardening of prices with deflation at 0.21 per cent September as against 4.04 per cent in August, according to the government data released Monday.

RBI sets rupee reference rate at 66.8299.
October 16, 2018 3:58:22 am

Central Counterparty (CCP) means a system provider, who by way of novation interposes between system participants in the transactions admitted for settlement.

October 16, 2018 3:53:21 am

Merton said funding of retirement is one of the biggest global problems and individuals need to become more responsible for their retirement and rely less on the government pension plan.

Govt sets up office of GST Commissioner (Investigation) to deal with tax evasion
October 16, 2018 3:47:10 am

After the first meeting held on Monday, the panel’s head and Bihar Deputy Chief Minister, Sushil Modi, said that the panel would also seek view of the Attorney General of India on the legality of levying a cess or a tax to fund states hit by natural calamities.

R C Bhargava on IL&FS, Maruti boards; his son in investor Abu Dhabi fund
October 16, 2018 3:39:25 am

IL&FS has an aggregate debt of Rs 91,000 and has been defaulting on its debt obligations since last month, putting the credit markets in a downward spiral.

October 16, 2018 3:42:11 am

The dip in exports has been attributed to a correction on account of the base effect and seasonal factors. Imports, however, went up by 10.45 per cent in September.

RBI repo rate
October 16, 2018 3:30:31 am

Payment firms like Visa and MasterCard which currently store and process Indian transactions outside the country fear that shifting the data storage to India will cost them millions of dollars.

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October 15, 2018 10:24:06 pm

The report says that data breach through Aadhaar record was compromised where an anonymous service allowed anyone with Rs 500 to access all 1.2 billion Indian citizens' personal information.

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