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  Business   Economy  12 Sep 2018

Business, Economy, 12 Sep 2018

US dollar ends sharply lower at 72.19 against Rupee

The US dollar ended sharply lower against the rupee at 72.18/19 per dollar.

12 Sep 2018 7:28 PM

Retail inflation cools to 11-month low of 3.69 per cent in August

The inflation based on Consumer Price Index (CPI) stood at 4.17 per cent in July and 3.28 per cent in August 2017.

12 Sep 2018 6:02 PM

'Govt, RBI to do everything to check rupee slide to unreasonable levels'

The rupee collapsed to a lifetime low of 72.91 against the dollar.

12 Sep 2018 4:13 PM

HDFC Life elevates Vibha Padalkar as MD and CEO

Her appointment came after the current MD and CEO, Amitabh Chaudhry, resigned on September 8.

12 Sep 2018 4:04 PM

ICICI Bank warns of too much focus on tech-driven lending

ICICI Bank official has cautioned against excessive use of computer algorithms in lending and has called for applying "human judgement".

12 Sep 2018 2:55 PM


Exports up 19.21 per cent in August; trade deficit at USD 17.4 billion

Exports recorded a growth of 16.13 per cent, while the imports during the first five months of this fiscal grew by 17.34 per cent.

12 Sep 2018 2:32 PM

Banks asked to set up one platform for sale of loan defaulters’ assets

About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.

12 Sep 2018 11:37 AM

NPAs rise, Jaitley to meet bank bosses to review scenario

26 banks together – both private and public – reporting gross NPAs of over Rs 7.31lakh crore.

12 Sep 2018 8:54 AM

Rajan drops a bombshell; Cong in dock, flags MUDRA, farm loan waiver risks too

A brutal exposition of all the warts that adorn India's perilously poised banking system.

12 Sep 2018 8:48 AM

States can cut fuel prices, says SBI arm

States across the country impose VAT or sales tax on petrol and diesel which vary from one to another.

12 Sep 2018 1:02 AM