Sensex slides 642 pts amid rise in oil prices


MUMBAI : Equity markets came under heavy selling pressure on Tuesday on fears that a spike in crude oil prices following attacks on Saudi oil facilities could hurt the economy further. India’s current account and fiscal deficit could take a hit if oil prices continue to rise after the attack, RBI Governor Shaktikanta Das had said on Monday. The More...

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By On Monday, September 16th, 2019

There is a Slowdown…GDP Growth at 5% Came as a Surprise: RBI GoUV. Das

NEW DELHI/MUMBAI : Reserve Bank of India (RBI) Governor Shaktikanta Das in an exclusive interview with CNBC-TV18 said India’s gross domestic production (GDP) growth at 5 per cent came as a surprise and was More...

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By On Thursday, September 5th, 2019

Jio Fiber Plans, Price, Launch Time Today: Details You Need to Know

NEW DELHI : Jio Fiber launch day is here, specifically, its commercial launch. After a wait for over a year, Reliance Jio has announced all the key details about its fibre broadband service today. The company has More...

By On Tuesday, August 27th, 2019

FM Sitharaman hits back at Rahul Gandhi on RBI decision to transfer Rs. 1.76 lakh crore

NEW DELHI : Tackling criticism of the Reserve Bank of India’s decision to transfer a record Rs. 1.76 lakh crore from its surplus and reserves to the government, Finance Minister Nirmala Sitharaman today described More...

By On Sunday, August 18th, 2019

Ratul Puri Named By CBI In Bank Fraud Case

NEW DELHI : Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath and a former senior official of electronics manufacturer Moser Baer, has been named by the Central Bureau of Investigation (CBI) along with More...

By On Monday, August 12th, 2019

Biggest Foreign Investment: Mukesh Ambani On New Deal

MUMBAI: Billionaire Mukesh Ambani on Monday announced a partnership between his Reliance Industries’ telecom arm, Reliance Jio Infocomm, and Microsoft to “accelerate the digital transformation of our country”. As More...

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By On Sunday, August 11th, 2019

I-T dept. attaches Ratul Puri’s Rs 300 crore Delhi bungalow

NEW DELHI : The Income Tax department has seized a Rs. 300-crore bungalow in Delhi under the anti-Benami law in its probe against Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath. The tax department More...

By On Friday, July 19th, 2019

Rs. 2,000-Crore Loan Proposal For Amaravati Project Drops

HYDERABAD : A proposed loan worth $300 million or about Rs. 2,000 crore for Andhra Pradesh’s new capital Amaravati has been dropped by the World Bank after the central government reportedly withdrew the More...

By RAJEEV RANJAN NAG On Thursday, June 27th, 2019

Days Before Presenting Her First Budget, Nirmala Sitharaman Meets Former PM Manmohan Singh

NEW DELHI :nion Finance Minister Nirmala Sitharaman met former Prime Minister Manmohan Singh at his residence in Delhi on Thursday, days before presenting the Union Budget. Sitharamn on July 5 will present her first More...

By RAJEEV RANJAN NAG On Saturday, June 22nd, 2019

Halwa ceremony held at finance ministry, printing of budget documents starts

NEW DELHI : The Halwa Ceremony also marks the beginning of a “lock-in” of officials involved in making the budget, designed to maintain its secrecy. These officers and support staff, housed in the north More...