Business News Updates

Subsidised LPG cylinders can be purchased without having an Aadhaar account, the government informed the Lok Sabha today.....

Hitting out at critics of UPA's management of economy, Finance Minister P Chidambaram on Tuesday said the government has "pulled back" the economy from a difficult situation and put it back on a high growth path

The government on Monday said public sector banks should raise capital on their own in future even as it proposed to infuse Rs 11,200 crore as equity in them during the next financial year

The US has said that it was committed to work with India to help it get back the Category 1 aviation safety rating "as soon as possible", a day after Washington downgraded India's ranking....

Allying fears of global investors over taxation issues, Finance Minister P Chidambaram has said that India offers a stable and non-adversarial tax regime besides a fair and just dispute redressal mechanism

The Finance Ministry on Thursday said the US Federal Reserve's decision to trim its monetary stimulus will not affect the Indian markets and all steps would be taken by the RBI and the government to ensure financial stability

A day after hiking the key rate by 0.25 per cent, Reserve Bank Governor Raghuram Rajan on Thursday said inflation is both a monetary and political issue and wanted the political establishment to understand the importance of curbing rising prices

India received USD 64 billion in Foreign Direct Investment in 2020, the fifth-largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country's overall economic activities but its strong fundamentals provide optimism for the medium term.

National Aluminium Company Ltd (NALCO) on Wednesday reported a jump of 10 per cent in net profit at Rs 131 crore for the third quarter ended December 31

Rising for the second day, the rupee appreciated by 10 paise to end at 62.41 against the dollar on Wednesday on sustained selling of the American currency by exporters ahead of a decision of US Federal Reserve on tapering its monetary stimulus

Mumbai: The benchmark Bombay Stock Exchange Sensex Tuesday tumbled over 138 points in late morning trade on funds selling in blue-chip stocks led by the banking sector after the Reserve Bank of India hiked repo rate by 0.25 bps in its monetary policy review. After a positive opening, the Sensex fell by 138.90 points, or […]

Soaring worldwide growth of Lord Swraj Paul's steel and engineering empire, the Caparo Group, has elevated the family's

Dissatisfied with the wage hike offer made by Indian Banks' Association (IBA), public sector lenders' employee unions on Monday threatened to go on a two-day strike from February 10

After several years of demands by some major foreign carriers, Civil Aviation Ministry today approved the operations of Airbus A-380s in India at four airports currently equipped to handle these super jumbos

As public sector bank employees started a two-day strike on Monday seeking higher wages, Indian Finance Minister P Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations