Indian banking sector sound, stable: RBI Governor

New Delhi (IANS) Days after the PMC Bank came under scanner for alleged frauds, the RBI Governor Shaktikanta Das on Friday said that all was well with the banking system and one incident could not reflect the health of the overall system.

He…

Sensex down 200 points, markets dip on fresh trade concerns

Mumbai (IANS) The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex trading nearly 200 points lower.

The domestic indices traded in line with the Asian markets, which fell on fresh trade concerns after…

Huawei must be in play in India: Sunil Mittal

New Delhi (IANS) Bharti Airtel chairman Sunil Mittal on Thursday supported Chinese telecom equipment vendor Huawei Technologies to be allowed in all telecom operations in India, hinting towards even 5G trials saying their products are extremely good…

No change in petrol, diesel prices

New Delhi (IANS) There were no change in diesel and petrol prices on Wednesday after two consecutive days of upward revision.

Crude prices in the international markets, however, rose owing to reports of decrease in oil reserved in the US.

SJM warns of 50 million rural job losses over dairy deal

New Delhi (IANS) The Swadeshi Jagran Manch, the Sangh affiliate is known more for its stands against the government than for it, has now taken up the cause of the cash cow that is India's dairy industry.

And this time it…

Surge in fuel prices continues

New Delhi (IANS) Fuel prices continue to soar on Tuesday. In Delhi, petrol rates surged to Rs 74.61 a litre, the highest since November 25 last year. Diesel was selling at Rs 67.47 a litre in the national capital.

The surge in fuel…

PMC Bank created dummy accounts to hide HDIL's NPAs

Mumbai (IANS) Days after fraud involving PMC Bank came to light, it now transpires that the rot was deep and the management hid it from the regulator RBI to save its reputation.

The bank even opened a number of dummy accounts to replace the…

IRCTC to compensate Tejas Express passengers for delay

New Delhi (IANS) In a first, the passengers of India's first privately-operated Tejas Express train on the Lucknow-New Delhi route will be compensated by the Indian Rail Catering and Tourism Corporation (IRCTC) if the train gets delayed.

Not even consulted for revival of Goa's mining industry: GMPF

Panaji (IANS) The Goa Mining People's Front (GMPF), an organisation representing the interests of lakhs of mining workers in the coastal state and whose livelihoods have been hit by the mining ban imposed since February last year, have expressed…

Government bans onion exports with immediate effect

New Delhi (IANS) The Commerce Ministry on Sunday prohibited export of all varieties of onions with immediate effect, till it comes up with further orders.

The decision comes on the backdrop of surging prices of the bulb in the country.