Business

HDFC Bank said its overnight MCLR stands reduced to 7.30 per cent, while one-month MCLR is 7.35 per cent.

Brent crude futures fell 67 cents, or 1.6%, to $40.51 a barrel by 0636 GMT after gaining nearly 1% on Tuesday.

An Emirates spokeswoman declined to comment beyond the airline's statement on Tuesday that some employees had been laid off.

The company has gained a market share of around 5 per cent in the highly competitive biscuit segment, helped by Parle-G biscuits, which was proffered by the people while stocking pantry during the pandemic.

MSCI's broadest index of Asia-Pacific shares outside Japan, which has galloped 9% higher in June and is 35% above March lows, rose 0.5%. Japan's Nikkei rose 0.3%.

The rupee opened strong at 75.49 against the US dollar, up 12 paise over its previous close.

Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil

The S&P BSE Sensex climbed 290.36 points (0.86 per cent) to end at 34,247.05, while the Nifty 50 settled at 10,116.15, up 69.50 points (0.69 per cent).

The dizzying series of developments in Libya's oil fields come after militias allied with the U.N.-government in the Libyan capital, backed by Turkey, gained the upper hand in the fighting last week.

According to Irdai, distribution of long-term third party policies is challenging as it is unaffordable for vehicle owners. The possibility of forced selling or being linked to loans was high and that policyholders are saddled

Lockdown has been challenging for NBFC-MFIs. As per the regulatory mandate, NBFC-MFIs were to offer moratorium to all segments of micro borrowers.

The government sees privatisation and consolidation of state-owned companies in certain sectors where they are overrepresented as the second “generation reform” that is necessary to give a structural push to growth.

Manish Sabharwal, Chairman and Co-founder, TeamLease Services Ltd, and Director at Central Board of the Reserve Bank of India (RBI), will join an E-xplained session on Wednesday, to provide insights into developments in the labour

The case was filed by Kapur when the family was locked in a pitched battle with the bank, then headed by Rana Kapoor who was subsequently dismissed by RBI in 2018.

The ministry had earlier issued an advisory on the March 30 to all states and UTs wherein it was advised that documents which had expired since February or would expire till May 31, would be

Despite the lockdown restrictions, EPFO settled a staggering 36.02 lakh claims thereby disbursing Rs 11,540 crore to its members during April and May, a labour ministry statement said.

The Department for Work and Pensions said the number of individuals making declarations for Universal Credit benefit claims fell to 96,510 in the week starting May 25, the first time below 100,000 since March. In

The offer from the German airlines group Lufthansa has come at a time when the number of COVID-19 cases continue to rise in India, especially in metro cities that have the country's largest airports like

India had received FDI worth USD one billion in 2018-19 and USD 1.23 billion in 2017-18 from Cayman Islands, which is UK Overseas Territory.

Companies that move from investment grade category to sub-investment grade are sometimes referred as "Fallen Angels".

In a letter to Finance Minister Nirmala Sitharaman, Baghel requested the Centre to reconsider its decision to link the increased borrowing limit of states to specific reforms, an official statement said.

The development helps AGEL overtake ReNew Power as the largest renewable player.

Brent crude futures rose 0.5%, or 22 cents, by 0647 GMT to $41.02 a barrel. The benchmark contract had fallen $1.50 on Monday, snapping a seven-day streak of gains.

As per the tie-up, customers can avail wide options for getting their car financed from Mahindra Finance, Maruti Suzuki India (MSI) said in a statement.

PVR on Monday reported a consolidated net loss of Rs 74.61 crore for the fourth quarter ended March 2020, as the film exhibition business was impacted because of COVID-19 pandemic.