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Falling prices of crude oil, thermal coal and liquefied natural gas (LNG) are a huge positive for India as energy imports account for 36 per cent of its total imports last fiscal year, Crisil
Axis Bank has said it proposes to raise Rs 6,000 crore from bonds to fund business growth.
Hinting at tightening of banks\' single group exposure cap from the current 40 per cent, the Reserve Bank of India (RBI) on Thursday said it will be reviewing this credit limit to gradually align it
Wipro Opens Customer Centre in US  (22 August 12:47 am) 
IT services major Wipro on Thursday said it has launched a global Customer Experience Centre (CEC) at its Mountain View office in California.
The Enforcement Directorate (ED) on Thursday attached a spinning mill plant worth Rs 84 crore in Andhra Pradesh in connection with its money laundering probe in National Spot Exchange Limited (NSEL).
Advocating for a low taxation regime, Finance Minister Arun Jaitley has said if higher taxes are levied on the tourism industry, there will be less tourists and lesser revenue collection.
Allied Blenders & Distillers (ABD), the largest domestic liquor maker, on Thursday acquired 50 per cent ownership rights in the Dutch liquor major Herman Jansen\'s Mansion House brandy and Savoy Club
Life Insurance Corporation (LIC), India\'s largest life insurer, has tied up with all the five insurance repositories to enable its policyholders to manage their policies through a single account.
Government officials painted an upbeat picture for the economy on Thursday, as it struggles to emerge from the longest spell of sub-par growth in decades, and promised to tighten up risk management
The Reserve Bank of India (RBI) on Thursday reiterated its call for greater coordination among leading central banks while formulating policies and also urged emerging market economies to strengthen
In a relief to telecom operators, the Telecom Regulatory Authority of India (TRAI) has relaxed the time by two weeks for resolution of billing and charging complaints by consumers.
The government has approved several relief measures such as exclusion of projects receiving gas under the Administered Pricing Mechanism from pooling and a financial package to benefit plants worth
US stocks inched higher on Thursday and the S&P notched a record high as a flurry of data pointed to steady improvement in the economy and investors awaited the start of a meeting of top central
Heineken NV, the largest shareholder of United Breweries, has further consolidated its holdings in the Vijay Mallya-led firm by picking up shares for a little over Rs 18 crore through open market
Foreign direct investment (FDI) flows into India surged about 34 per cent to $1.92 billion in June, according to the official data.
India\'s farm production and economy is likely to witness a limited impact of weak monsoon so far this year as rainfall levels have improved considerably over the past one month, the Reserve Bank of
The Reserve Bank of India (RBI) on Thursday said the economy is likely to grow at 5.5 per cent in the current fiscal year as it sees a pick-up in manufacturing and investment.
Reserve Bank of India (RBI) Deputy Governor R Gandhi on Thursday said the apex bank was in talks with the government to amend a law to regulate entities engaged in shadow banking.
The Reserve Bank of India (RBI) will prioritise improving liquidity in debt markets, including by issuing longer-dated bonds and conducting more frequent buybacks, according to an annual report out
Honda Cars India Ltd (HCIL) on Thursday said it has sold more than one lakh cars powered by its diesel engine in the domestic market.
The Reserve Bank of India (RBI) reiterated on Thursday its commitment to bring down the consumer price index to 6 per cent by January 2016, saying it was ready to use monetary policy to address high
The monsoon rains weakened across the nation last week, except in a few parts of North India, which saw flooding due to heavy rains in the Himalayas.
Canara Bank has said it is expecting a capital infusion of Rs 500 crore from the government this fiscal year.
India\'s gross domestic product (GDP) growth rate in the first quarter of this fiscal year is likely to be around 6 per cent, up from 4.6 per cent in March, driven up by higher industrial growth,
The Reserve Bank of India (RBI) on Thursday said its surplus (profit) for fiscal year 2013-14 declined 14.75 per cent to Rs 52,679 crore as interest income from investments in foreign sovereign bonds