Business

India has been raising its holding of American government securities during last year except for a few months when the total exposure had declined.

The Trai on Sunday recommended barring telecom operators from imposing any restriction, like reducing net speed or blocking the access of any content or service available on the Internet, except in special cases like court orders and government directions...

SBI, which accounts for more than a fifth of India's banking assets, raised the key 1-year MCLR to 8.15 percent from 7.95 percent, according to a notification on Thursday.

Aircel said it will strive to provide uninterrupted service connectivity to its customers and sought their support in the "current difficult period".

"The total revenue received under the GST for January 2017 (received up to February 25) has been Rs 86,318 crore," said the Finance Ministry.

The company has listed assets and liabilities in the range of $50 million (Rs 325 crore) to $100 million (Rs 650 crore), according to a court filing in New York.

According to media reports, PPIs were feeling that the KYC requirement was very challenging and if the guideline were to be implemented, they feared losing business as 90 per cent customers have been onboarded using the minimum KYC, which is giving the te...

U.S. crude oil output rose above 10 million barrels per day (bpd) late last year for the first time since the 1970s, overtaking top oil exporter Saudi Arabia.

A list of 9,491 "high risk financial institutions" has been published by the Financial Intelligence Unit (FIU) that works under the finance ministry to check crimes in the Indian economy and alert enforcement agencies against such instances.

Gross domestic product grew 6.9 percent in the October-December quarter from a year earlier, according to the poll of more than 35 economists, taken over the past week.

Commerce and Industry Minister Suresh Prabhu said that the global trade has benefitted all the nations in terms of creation of jobs and promoting economic activities

About 94 percent of total 9,690 people surveyed have asked for mandatory SMS or email OTP based approval before any transaction on all credit and debit cards issued in India, it said.

Besides, Bank of India, Union Bank of India and Indian Overseas Bank also have their respective exposures to the Rotomac group and they have resorted to the available mechanisms to recover their dues.

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Among other announcements, the Reliance Industries chairman said that Jio will provide over two crore phones in UP on a priority as the state is “special to their group”.

Among the key sectors, close to 3,516 proposals worth Rs 5.48 trillion were signed for industry projects, with big names such as Reliance Industries, Virgin Group and JSW Electrical Vehicles, among others showing interest.