Business
Interest rate to be based on marginal cost of funds from April 1
As per the final guidelines, banks will fix their lending rates as per their marginal cost of funding every month, which will be based on the rate offered on new deposits.
Nifty ends below 7800, Sensex falls 248 points
About 1180 shares have advanced, 1566 shares declined, and 166 shares are unchanged.
For faster growth, Modi needs to show Indian households they have more reason to save than ever
Government initiatives to pull more cash out from under India's mattresses have had little success.
Aircel launches free calling scheme for Re 1 per day
Aircel subscribers can avail the offer with a recharge of Re 1 for free calls between 6 am to 8 am.
Pay hike: Experts warn on deficit; government confident of targets
Rating agencies such as Fitch and S&P as well as brokerages like Citi warned that implementation of 7th Pay Commission's recommendations will impact the deficit.
PM Modi's gold schemes have potential to perform better: UBS
Indians directly or indirectly hold an estimated 22,000 tonnes of gold, which is around USD 800 billion or 39 per cent of Indian GDP.
Modi hard sells India as investment destination to CEOs
Modi said investment by British companies in India would be a "win-win partnership" for both countries as he talked of investment opportunities in infrastructure and renewable energy sectors.
Rupee jumps 21 paise to 66.10 vs US dollar
The rupee had gained 13 paise to close at 66.31 against the US dollar at the Interbank Foreign Exchange market on Tuesday.
Sensex ends 124 points up in Muhurat Diwali trading, Nifty ends above 7800
After the dismal trading on Tuesday, the market showed a bit of enthuasism in the auspicious Muhurat trading for Diwali.
Rupee plunges 74 paise at 66.50 against US dollar in early trade
The rupee had closed one paise lower at 65.76 against the US dollar at the Interbank Foreign Exchange on Friday.
Trai rejects telecom operators' demand to shelve call drop regulations
Telecom operators, through their respective associations namely COAI and AUSPI, had written to Trai on October 27 to withdraw the regulations and asserted that it was not possible to make a network free from call drops.
Rupee ends flat at 65.76 against US dollar
The local unit has dropped 27 paise, or 0.41 per cent, in two days.
Coal scam: No role in conspiracy, was eligible, says Jindal Steel and Power Ltd
Arguing on framing of charges in the case, senior advocate N Hariharan, who appeared for accused firm, said the Amarkonda Murgadangal coal block was allocated to it after the recommendation of the screening committee and all prescribed guidelines were fol...
Moody responds to Centre's criticism of its report, says didn't have a political agenda
The report titled 'Dismal Scientist - India outlook: Searching for Potential' by its analyst Faraz Syed came on Friday in the name of Moody's Analytics.
Once a month, Narendra Modi steps in to revive stalled projects
Since March, 2015, his intervention has helped revive nearly $60 billion in federal and state projects, according to government data.
Low costs keep IndiGo flying high in India's cut-throat airline market
IndiGo, India's largest airline by passenger numbers, is the only consistently profitable local carrier for the past seven years, according to consultancy Centre for Aviation (CAPA).