Business

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.

The government is expected to continue its push towards data localisation even under the new regime.

India has been facing ‘enormous’ pressure from the Trump administration, which had raised tariffs on steel and aluminum imports from the country last year.

Compiled by NSSO, Centre had not released the report, terming it a draft report.

On average, the cyber crime division receives 25 complaints every month regarding cyber fraud committed by men claiming to be from the Indian Army and using the OLX India platform.

The S&P 500 was down 0.7% Wednesday, tumbling for a second consecutive session, but overall is down only about 5.5% from its early May high. The unemployment rate is at a five-decade low. With major

After rising over 100 points in the opening session, the BSE Sensex was trading 94 points or 0.24 per cent, higher at 39,596.05. The rupee appreciated by 12 paise to 69.71 against the US dollar

 IATA meeting for 737 MAX operators in Montreal last week, airline members said they wanted regulators to cooperate closely on the decision for the plane's re-entry to service.

Revenue from operations rose to Rs 14,035.16 crore in the quarter ended March 31, 2019, as against Rs 13,307.88 crore in the fourth quarter of FY18, M&M said.

The order also comes two days after the SC upheld a Telangana High Court verdict that had held that a person can be arrested by the concerned authority in cases of GST evasion.

Real estate prices in Kochi jumped the most during the 12 months ended December 2018. HPI for Kochi for the quarter ended December 2018 rose by 8.48 per cent to 298 from 274.7 in the

However, if the IL&FS board is not able to turn them around and make them efficient enough to service their debt before the next date of hearing on July 12, the NCLAT may ask the

The 30-share BSE Sensex ended 247.68 points, or 0.62 per cent, lower at 39,502.05, after losing over 300 points intra-day.

As Arun Jaitley underwent a surgery in the US in January for a reported soft tissue cancer in his left leg, the Modi government’s sixth and final budget of its current term was presented by

The six-member body, headed by Canara Bank Chairman T N Manoharan, has been set up to review the existing state of the market for loan sale/transfer in India as well as the international experience in

The Hisar airport will be completely ready by 2024 for operation. A flying school will also be established in Hisar, which will have a provision of imparting training to about 100 pilots, the official release

After slumping over 300 points, the 30-share index ended 247.68 points, or 0.62 per cent, lower at 39,502.05.

The company had posted a consolidated profit of Rs 181.17 crore in the corresponding quarter of the previous fiscal, Adani Enterprises said in a BSE filing.

The International Air Transport Association (IATA), a grouping of around 290 airlines, said following a sustained period of strong double-digit RPK growth, the India domestic market recorded its first negative growth rate in April since

Switzerland is the other nation that has been removed by the US from its currency monitoring list which among others include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam.

In an interim order, a two-member Mumbai bench of NCLT directed that the Mumbai-based hotel chain also serve a copy of its order to Sebi, while granting adjournment until July 8.

SpiceJet’s share price closed up 2.1 per cent on the BSE on Tuesday, having gained an impressive 51 per cent since April.

The e-invoice if implemented will help streamline the indirect tax system and ensure better compliance by keeping a check on tax evasion.