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Defence analyst Swaran Singh. (Photo: ANI)

Interim budget: Defence experts pitch for increase in funds

Last year, India's defence budget went up only by about 5.5 per cent.

30 Jan 2019 1:05 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea to raise Rs 25,000 crore via rights issue

The board has authorised the Capital Raising Committee to decide the nuances of the Rights Issue.

23 Jan 2019 5:51 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart India raises Rs 1,431 crore from parent firm

Flipkart had invested Rs 2,190 crore in Flipkart India in December last year.

17 Jan 2019 4:31 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Etihad to raise stake in cash-strapped Jet Airways: source

Etihad's stake will be capped at 49 per cent given foreign ownership rules in Indian airlines.

15 Jan 2019 11:10 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Lanka's Central Bank gets USD 400 million swap from RBI

The total loan was expected to have been disbursed with a seventh tranche by mid-2019.

10 Jan 2019 11:39 AM IST

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Rs 18,000 crore subsidy in works for stressed gas-based power projects

This scheme ran for two years between 2015 and 2017 and got financial support from the Power System Development Fund.

10 Jan 2019 10:56 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Indian banks propose USD 900 million turnaround plan for Jet Airways:...

Naresh Goyal and Etihad Airways are likely to infuse USD 450 million together in Jet Airways.

9 Jan 2019 11:00 AM IST

Economic Affairs Secretary Shaktikanta Das

RBI expected to pay govt up to USD 5.8 billion interim dividend:...

The government and RBI have now appointed a panel to look into the issue around the sharing of the RBI's reserves.

7 Jan 2019 1:38 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Aadhaar savings can fund 3 schemes of the size of Ayushman Bharat:...

The Digital Dividend Report prepared by the World Bank estimates that India can save Rs 77,000 cr every year by the use...

7 Jan 2019 11:15 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

No case of pension, gratuity fund diversion at PNB: Jaitley

PNB has also apprised that no amount was taken back or withdrawn from the trusts' account.

4 Jan 2019 3:22 PM IST