A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi on July 8, 2019. (REUTERS File Photo)     MUMBAI, October 2 (Reuters): The Reserve Bank of Indi

San Francisco, October 2 (IANS): Admitting that TikTok is doing well in the US and growing quickly in India, Facebook CEO Mark Zuckerberg unveiled his own plans to counter the rising clout of the Chinese short

Mumbai, October 1 (IANS): The IDBI Bank on Tuesday introduced repo-linked lending and bulk deposit rates, meeting the RBI deadline. The IDBI Bank has decided to adopt the Reserve Bank of India's pol

Gurugram, October 1 (IANS): Starting a new era of smartphone design, Samsung on Tuesday launched its foldable "Galaxy Fold" smartphone-cum-tablet with 12GB RAM and 512GB internal storage in India for Rs 164,999

A security guard's reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai on June 6, 2019. (REUTERS File Photo)     BENGALURU, October 1 (

Mumbai, October 1 (IANS): Days after fraud involving PMC Bank came to light, it now transpires that the rot was deep and the management hid it from the regulator RBI to save its reputation.   The ban

(Reuters): Facebook Inc, Amazon.com Inc and Alphabet Inc's Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloom

NEW DELHI (Reuters) - India has cut prices of locally produced gas for the October 2019-March 2020 period by 12.5% from the previous six months to $3.23 per million metric British thermal units (mmBtu), the gov

MUMBAI, October 1 (Reuters): India's current account deficit (CAD) narrowed to 2% of gross domestic product in the June quarter of the fiscal year ending March 2020 from 2.3% in the same period a year ago

NEW DELHI, October 1 (Reuters): India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic Affairs Secretary Atanu Chakr

New Delhi, September 30 (IANS): Automobile major Maruti Suzuki on Monday launched mini-SUV 'S-Presso' priced in the range of Rs 3.69 lakh to Rs 4.91 lakh. The company said the mini-SUV has been built afres

New Delhi, September 30 (IANS): The loan irregularities at the Punjab and Maharashtra Co-operative (PMC) Bank raises questions on the roles of regulator (RBI), auditor, independent directors and bank directors,

BENGALURU, September 30 (Reuters): Walmart Inc-owned Flipkart and rival Amazon Inc said on Monday they made record sales in the opening day of their annual festive season sales in India that kicked off over the

New Delhi, September 29 (IANS): Even as it awaits overseas flying rights, budget airline AirAsia India plans to add another 17 aircraft to its fleet in the current fiscal.   Accordingly, th

New Delhi, September 28 (IANS): Refreshing its G series in India, LG Electronics on Saturday unveiled its flagship LG G8s ThinQ smartphone in India for Rs 36,990.   The smartphone will be available s

Mumbai, September 29 (IANS): The expected easing of the monetary policy as well as fresh foreign fund inflows are likely to lift the Indian equity markets in the coming week, say experts.   However,

New Delhi, September 29 (IANS): Government will start consultations soon with Niti Aayog and Energy and Petroleum Ministries to bring down its equity holding below 51 per cent, including change of norms and mod

New Delhi, September 29 (IANS): The Commerce Ministry on Sunday prohibited export of all varieties of onions with immediate effect, till it comes up with further orders. The decision comes on the ba

Mumbai, September 28 (IANS): The Financial Stability and Development Council (FSDC) of the RBI on Friday reviewed recent developments in global and domestic economies and deliberated upon revisiting some existi

New Delhi, September 28 (IANS): Finance Minister Nirmala Sitharaman on Saturday asked the Central Public Sector Enterprises (CPSEs) to clear their dues by October 15.   Addressing a press briefing he