Business

Indian Railway Finance Corporation (IRFC) was set up in 1986 as the dedicated financing arm of the Indian Railways for mobilising funds from domestic and overseas Capital Markets.

A rate cut means a reduction in the rate of interest at which commercial banks borrow money from the RBI. If there is a slump in rates, the banks can then go on to furnish loans at lower interest rates to individuals and the industry.

The Chief Minister held meetings with a host of Korean industrialists and told them that AP would like to make rapid strides, inspired by South Korea's success in manufacturing and technology.

Investors in the US and globally have been investing massively in cryptocurrencies, bitcoin in particular.

According to Central Statistics Office (CSO) data, the economic activities that registered growth of over 6 per cent in the second quarter are manufacturing, electricity, gas, water supply, other utility services and trade, hotels, transport and communica...

The case pertains to non-payment of dues by Flipkart to C-Store Company for laptops it supplied, officials at the Indiranagar police station in Bengaluru said.

"Employees Provident Fund Organisation may cut rate of return on provident fund deposits for 2017-18 due to lower income on bonds and its plan to credit ETF investments directly into the account of subscribers," the senior official said.

Together state-run refiners processed 6.52 percent more oil in October than a year ago, while private refiners used about 13 percent more crude, the data showed.

The clarification comes in the backdrop of reports in a certain section of media that there is a possibility that the central government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions.

Technology, IT, realty and healthcare stocks found themselves on the buy list. Positive Asian cues came as early pointers for the market.

The Sensex opened higher at 33,569.07 and continued its upward march to hit a high of 33,654.53 on unabated buying by participants, particularly domestic investors.

With the introduction of 'Thums Up Charged', the company on Tuesday added the first ever variant to the 40-year-old brand.

The messages about the 12 companies with prescient information obtained by Reuters involved mostly what were characterised as being upcoming quarterly results, including specific metrics such as net profits, revenues and operating margins.

The announcement came at the Dubai Air Show and the deal includes 273 A320neos and 157 A321neos. The airlines that use the aircraft will include Frontier Airlines, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary.

Vodafone India has a net debt of USD 8.2 billion.

The meeting was held as Prime Minister Narendra Modi arrived in Manila on Sunday on a three-day visit to the Philippines for the 15th India-Association of Southeast Asian Nations (ASEAN) meet and the 12th East Asia Summit on Tuesday.