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Petrol sales down 61%, diesel 56.5% in April. (PTI Photo)

Petrol price at all-time high, diesel crosses Rs 81 in Mumbai

State-owned fuel retailers IOC, BPCL and HPCL had on Wednesday resumed daily price revision after nearly a month-long...

7 Jan 2021 12:24 PM IST

Chinese billionaire businessman Jack Ma. (Photo- PTI)

Jack Ma's disappearing act fuels speculation about billionaire's...

Ma had blasted China's regulatory system in a speech at a late October forum in Shanghai that put him on a collision...

5 Jan 2021 12:02 AM IST

Internet services, landline and mobile phones were snapped across Jammu and Kashmir on August 4, a day before the Centres announcement to scrap the special status of Jammu and Kashmir and divide it into two union territories. (Representational image)

Landline to mobile calls get zero prefix

DoT accepts Trai's recommendation; Decision will come into force from January 1

25 Nov 2020 10:40 AM IST

Outside view of Lakshmi Vilas Bank, in Mumbai, Wednesday, Nov 18, 2020. Shares of Lakshmi Vilas Bank (LVB) plunged as much as 20 per cent -- lower circuit -- on Wednesday after the Reserve Bank of India (RBI) imposed a 30-day moratorium on the cash-strapped lender, restricting cash withdrawals at Rs 25,000 per month. (PTI Photo)

Lakshmi Vilas Bank shareholders to get nothing after merger with DBS...

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM IST

A representational image of shopping mall. (Photo: PTI)

COVID-19 effect: Shopping malls coming up at snail's pace across India

The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the...

18 Nov 2020 4:04 AM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

Loan moratorium: RBI urges SC to lift interim order banning...

The bench said that it would take up the matter for hearing on November 18

5 Nov 2020 1:58 PM IST

Centre has decided to delink the land component from the companies and transfer them to their parent ministries

Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close...

2 Nov 2020 10:49 AM IST

From an average growth of 8 per cent during FY17-19, urban consumption declined 0.6 per cent for the first time in two decades in FY20 before collapsing by more than a quarter during April-August 2020. (Representational Image: AFP)

Urban consumption sees worst decline in two decades

While urban consumption contracted 34 per cent, rural consumption shrank only 4 per cent

17 Oct 2020 1:12 PM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

IRDAI panel bats for lower capital, liberal norms for floating...

The changes would require amendments to the Insurance Act, 1938 to bring the standalone microinsurance business under...

12 Oct 2020 2:18 PM IST

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photo

Further extension of loan moratorium will vitiate credit discipline:...

The RBI also urged the SC to vacate its September 4 interim order restraining banks from declaring any new...

11 Oct 2020 11:14 AM IST

Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)

SC asks Centre, RBI to file Kamath panel suggestions, decisions on...

Kapil Sibal said that he wanted to file a detailed affidavit to the Centre's reply as there are certain facts which need...

5 Oct 2020 1:26 PM IST