Business

The earlier fall from the peaks of 2018 was driven by an over-supply of crude oil, partly from shale oil production in the US. But, sanctions on Iran's oil exports and limited spare capacity in

A tea industry veteran, Khaitan had recently retired as non-executive chairman from the boards of Eveready Industries and McLeod Russel – both WMG companies. He continued to serve as chairman emeritus in both these firms.

Passenger vehicles sales in May continue to decline for top carmakers due to weak retail demand. Sales at Maruti Suzuki India, Mahindra & Mahindra, Honda Cars India and Toyota Kirloskar Motor India dropped up to

The gross Goods and Services Tax collections in May at Rs 1,00,289 crore is, however, lower than Rs 1,13,865 crore collected in April, which was the highest ever collection since roll out of the GST

What’s clear is that demand for air travel is growing so fast -- IATA expects it to double in the next 20 years -- that airlines, plane makers and regulators are struggling to keep up.

SpiceJet, which operates narrowbody and turboprop planes, does not have firm plans to become a widebody operator with longer-range flights in the wake of Jet's collapse in April, SpiceJet Chairman Ajay Singh said.

The benchmark sovereign bond — 7.26 per cent yielding paper maturing in 2029 — fell by 10 bps to close at 7.03 per cent. Bond yields have fallen over 35 basis points (bps) since May

Out of the four proposed labour reforms, Wages Bill 2017 was introduced in the Lok Sabha in August 2017 and was subsequently referred to Parliamentary Standing Committee. The panel gave its report in December 2018.

Goyal held several ministerial posts in the previous NDA government, first as the Minister of State for Power, New and Renewable Energy, Coal and Mines, and later as the Union Minister of Railways. In 2018,

The growth of the country’s eight core sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — is a lead indicator of the monthly industrial performance. The cumulative growth of

The PLFS, however, said “compared to the quinquennial rounds, in 2017-18 the unemployment rates in both usual status (ps+ss) and CWS were higher for both males and females”, but added that the figures have to

Sitharaman would draw upon her experience of serving the previous Narendra Modi government, as a Minister of State for Finance, then Corporate Affairs and later as a Minister of State (Independent charge) for Commerce and

According to the 2017 World Bank data, China's economy has ballooned to 12.24 trillion US dollar and is nearly five times bigger than India's 2.6 trillion US dollar economy.

The U.S. government has moved to curb Huawei’s ability to sell equipment in the U.S. and buy parts from American suppliers, potentially crippling one of China’s most successful -- but controversial -- global companies.

At the interbank foreign exchange (forex), the domestic currency witnessed heavy volatility. The local unit opened at 69.78 a dollar and during the day it touched a low of 69.92 and high of 69.68 amid

The Central Statistics Office (CSO) also revealed that GDP growth during 2018-19 fiscal stood at 6.8 per cent, lower than 7.2 per cent in the previous financial year.

With the portfolios of ministers in the Narendra Modi government allocated, equity market weighed other global and domestic factors for further cues.

MOX as a platform will bring manifold benefits to the system, and to different stake holders who boost economy, as well as technology.

The victory for the Adani Group's long-delayed mega coal mine project came days after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.

Top gainers in the Sensex pack include Asian Paints, Coal India, TCS, ONGC, HCL Tech, L&T, Axis Bank, SBI and IndusInd Bank, rising up to 3 per cent.

The rupee, meanwhile. fell marginally by 4 paise to close at 69.87 against the US currency, extending its decline for a third straight day.

The bonds bear interest at the rate of 2.50 per cent (fixed rate) per annum on the amount of initial investment.

The bank’s pre-provisioning operating profit dropped 41 per cent y-o-y to Rs 1,396 crore, led by the rise in employees cost and a 57 per cent y-o-y drop in the other income.

Almost five years ago, the RBI had, in its annual audit, found that IL&FS Financial Services was borrowing to fund its group companies.

The government aims to construct 60,000 km of national highways, while doubling the length of these roads by 2022.