Markets in green: Sensex up 70 pts, Nifty at 11,380

Mumbai (IANS) Key equity indices had a muted start on Tuesday. The benchmark Sensex was up 70 points while the Nifty advanced by 24 points.

Both the indices opened slightly higher after some recovery was seen in the Asian markets after Monday's…

Jet Airways' Chairman Naresh Goyal resigns

Mumbai (IANS) Jet Airways promoter and founder Naresh Goyal on Monday resigned from the company's board.

The resignation followed the airline board's meeting in Mumbai on the day to decide on ways to procure interim funding as well…

RBI Governor to meet fintech firms on growth hurdles

New Delhi (IANS) RBI Governor Shaktikanta Das will meet financial technology (fintech) companies this week to understand the issues affecting the growth of the sector and will issue guidelines on the regulatory "sandbox" for the sector in…

Petrol prices rise, diesel remains unchanged

New Delhi (IANS) Petrol prices rose around 5 paise across the four metropolitan cities on Sunday while the cost of diesel remained unchanged, data on the Indian Oil Corp's website showed.

In the national capital, petrol was priced at Rs…

Tata Motors to hike car prices by up to Rs 25,000

Mumbai (IANS) Automobile major Tata Motors will increase prices of its passenger vehicles range by up to Rs 25,000 starting April 2019.

The company said in a statement on Saturday that the prices will be hiked due to rising…

Higher taxes for foreign investors from April 1

Mumbai (IANS) Changes in the SEBI listing and prevention of insider-trading regulations, revisions in the double-taxation avoidance agreements (DTAAs) with Mauritius and Singapore are set to come into effect from April 1.

The changes…

India's forex reserves up $3.60 bn to over $405.63 bn

Mumbai (IANS) India's foreign exchange (forex) reserves increased by $3.60 billion during the week ended March 15, official data showed on Friday.

According to the Reserve Bank of India's (RBI) weekly statistical supplement,…

Lenders to take over Jet Airways: Ministry sources

New Delhi (IANS) Lenders of cash-strapped Jet Airways are in the process of securing "substantial stake" in the ailing airline to try and revive it to a manageable state before selling it to new promoters, a senior Finance Ministry…

Government exceeds disinvestment target in FY19

New Delhi (IANS) Finance Minister Arun Jaitley on Friday said the government has achieved disinvestment of Rs 85,000 crore in the current fiscal, which is Rs 5,000 crore more than the set target for 2018-19, belying widespread expectations of…

BoB-Dena-Vijaya Bank to be injected with Rs 5K cr

New Delhi (IANS) The Bank of Baroda may get Rs 5,000 capital infusion from the Finance Ministry ahead of its united operations as a merged entity along with the Vijaya Bank and Dena Bank from April 1.

In February, the government approved Rs…