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4G Data: Cheaper tariffs by Reliance Jio set to end?

With over 30% share in 5 circles, telco could invite Trai’s predatory price penalty.

Iran oil sanctions: India, 7 others get US waiver

Treasury secretary Steven Mnuchin said the US is “intent on ensuring that global funds stop flowing to the coffers of the Iranian regime”.

Sales drag: Tim Cook says weak Rupee part of Apple’s challenge in India

Cook said the emerging markets that Apple is seeing pressure in are Turkey, India, Brazil, Russia.

Google walkout: CEO Sundar Pichai says he’s still the boss amid employee revolts

On Thursday, thousands of Google employees walked out of their offices worldwide to protest the company’s handling of alleged misconduct by some executives.

RBI Vs Govt, again! Peace moves go for toss after finmin barb, Reserve Bank gets in another shot

The fragile peace between the finance ministry and the central bank was ruptured on Friday when economic affairs secretary Subhash Chandra Garg took a pot shot at Reserve Bank of India (RBI) deputy go

RBI creates room for banks to lend more to NBFCs

In a move aimed at easing a liquidity crunch faced by non-bank lenders, the Reserve Bank of India (RBI) on Friday allowed banks to offer partial credit enhancement (PCE) to bonds issued by non-banking

Punjab National Bank posts net loss of Rs 4,532 crore in Q2, provisions soar 300%

Punjab National Bank (PNB), the country's second-largest public sector lender on Friday reported a net loss of Rs 4,532 crore in the September quarter of FY19, against a net profit of Rs 561 crore a y

Outreach programme: GST-hit MSMEs get 12-piece Diwali gift set from Prime Minister

Bogged down by the twin blows of demonetisation and the goods and services tax (GST), the country’s micro, small and medium enterprises (MSMEs) on Friday received a shot in the arm, with the Prime M

No festive cheer for Auto industry as car sales crawl, PV sales crash to very low single digits

The Maruti Suzuki chairman had said last week there were few signs of festivity in the car market. Indeed, sales of cars in October reflected little festive cheer with the growth in passenger vehicles

Manufacturing grows at quickest pace in 4 months

India's manufacturing sector activity improved in October as new order flows were the fastest since June.

Banks’ consumer durable loan portfolio falls 82% in Sept

Outstanding loans to the segment dropped a sharp 82% year-on-year (y-o-y) to Rs 3,225 crore on September 28.

GST collection crosses Rs 1 lakh crore for second time since launch

Monthly goods and services tax (GST) collections breached the Rs 1-lakh-crore mark for the second time since its launch in July last year for September (collected in October), giving the Centre some h

Trade wars: US scraps GSP sops, India still defers counter-move

India has decided to defer its plan for a third time to retaliate against extra US duty on its steel and aluminium, even as the Trump administration on Thursday withdrew the benefit of concessional ta

Airlines may post steepest losses in a decade: Crisil

Domestic carriers are projected to post the steepest losses in a decade in the current fiscal owing to higher aviation turbine fuel (ATF) costs and falling rupee, rating agency Crisil said in a report

4G survey: Airtel best in download speed, Jio in coverage

With data becoming the buzzword in mobile communication, speed is of essence and with LTE 4G becoming the norm, download speed is a new contested area between telecom operators.

RBI vs Government: Centre steps back for fear of Governor Urjit Patel quitting, no Section 7 directive yet

Though no Section 7 directive yet, govt began discussions under this on stressed power assets, the PCA framework and RBI parting with capital .

RBI vs Government: Now, Reserve Bank autonomy seen as ‘essential’

Amid strong rumours that Reserve Bank of India  governor Urjit Patel has threatened to step down, upset by an election-bound government meddling with the central bank’s regulatory turf, the finance

Ease of Doing Business ranking 2019: Know what worked for India and what didn’t in its 23 notch leap to 77th slot

India witnessed a 23-notch jump to a record 77th position in the World Bank’s latest report on the ease of doing business that captured the performance of 190 countries.

NCLT hearing: IL&FS board says solution possible in next 60-90 days

The new board of the troubled Infrastructure Leasing & Financial Services (IL&FS) on Wednesday said it would work towards the final resolution, in stages and parts, over the next six-nine months.

Jaitley’s riposte to RBI: FM says he didn’t see central bank during lending excesses

FM reminds central bank that bank credit rose abnormally from Rs 18L crore in 2008 to Rs 55L crore by 2014

No liquidity crisis in NBFC segment: Reserve Bank of India

In the first high-level meeting since Reserve Bank of India (RBI) deputy governor Viral Acharya’s criticism of the government’s interference, the central bank and the finance ministry on Tuesday d

Disinvestment: Coal India OFS may fetch Centre Rs 15,000 crore

Sale of 3% stake to be enhanced to 9% on over-subscription, floor price 16% lower than the 52-week peak

Channel rates: Supreme Court dismisses Star India plea against TRAI order

The Supreme Court on Tuesday upheld the Madras High Court’s May 23 order which said that the Telecom Regulatory Authority of India (Trai) is within its powers in fixing tariffs at which broadcasters

GST: National Anti-profiteering Authority dying a natural death

Nearly a year after the National Anti-profiteering Authority (NAA) was set up, it has disposed of only eleven complaints and fined just four companies for paltry sums so far for not passing on the ben

Lifeline for Tata, Adani, Essar units; Supreme Court allows renegotiation of agreements

The court said its April 2017 order denying compensatory tariffs to these plants won’t come in the way of implementing the fuel cost pass-through and other measures recommended by a high-level commi

Housing Finance: Regulator sanctions Rs 11,135 crore to HFCs in just 19 days

NHB data show the run-down rate for home loans at around 25% — implying the duration of about four years, compared with contracted maturities of 10-20 years.

Which bureaucrats worked with IL&FS? Govt has no idea!

The PMO transferred the RTI to the Department of Financial Services (DFS) since DFS is the administrative department for a firm that is largely held by government banks or financial institutions.

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