Business news

Coinbase first crypto exchange to get e-money license from UK regulator

The license will allow Coinbase to issue e-money and provide payment services in the UK.

Mar 14, 2018

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CPSE Survey: Indian Oil, ONGC, Coal India most profitable state-run firms

The Public Enterprises Survey 2016-17, tabled in parliament on Tuesday, showed that the number of loss-making central enterprises have continued to rise for the third straight year.

Mar 14, 2018

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Will the government roll back long-term capital gains tax?

Expectations of a rethink were fuelled when a parliament panel suggested hiking the exemption limit for LTCG .

Mar 14, 2018

SBI closed 41.16 Lakh savings accounts in 2017-18: Is your account safe?

Due to provisions of penalty on non-maintenance of minimum balance, the State Bank of India has closed 41.16 lakh savings bank accounts between April 1, 2017, and January 31, 2018.

Mar 14, 2018

A320neo grounding impact: Airfares shoot up as 65 flights cancelled

The spike in airfares come after the Indian civil aviation regulator Monday directed these airlines to immediately ground 11 aircrafts fitted with Pratt & Whitney's PW1100 engines.

Mar 14, 2018

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RBI's scrapping of Letter of Undertaking may choke trade funding

'Sourcing of trade funding has already become difficult for players in the gems and jewelry segment'

Mar 14, 2018

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Buy, Sell, Hold: What stocks are analysts tracking on March 14

Analysts recommend buying stocks such as Vedanta, Voltas, Motherson Sumi, among others.

Mar 14, 2018

Stocks to watch on March 14: IndusInd Bank, Larsen & Toubro, Usha Martin

Stocks such as IndusInd Bank, Larsen & Toubro, Usha Martin are likely to move in trades on Wednesday:

Mar 14, 2018

Economy & markets: Tillerson exit sparks U.S. protectionism fears, global stocks fall

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex lost 61 points or 0.18 percent to close at 33,856 on Tuesday.

Mar 14, 2018

Are Japanese more worried about their jobs, or scandal-scarred PM?

The question that's bothering the public: Did the government sell land to the school management at cheap price because of their connections to Abe's wife?

Mar 13, 2018

Ola cabs, India's homegrown Uber rival, expands into Sydney

Uber, the rival of Ola in India, has a strong presence in Australia and operates in Sydney, Melbourne, Brisbane, Adelaide, Perth, and Canberra.

Mar 13, 2018

SBI cuts charges for non-maintenance of minimum balance: Know new rates

The revised rates for the non-maintenance of Average Monthly Balance (AMB) in SBI savings accounts will be effective from April 01, 2018.

Mar 13, 2018

Bharat Dynamics IPO opens: Points to note before investing

The Bharat Dynamics Initial Public Offer will close on March 15 and the equity shares are proposed to be listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Mar 13, 2018

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Indian economy enjoying Goldilocks moment: Are we going the U.S. way?

The latest economic data showed that factories increased production faster while retail inflation eased for the second straight month in February.

Mar 13, 2018

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Andhra Bank pegs Sterling exposure at Rs 578 crore after shares dive

Andhra Bank shares went into free fall after the ED slapped additional charges on former director over the Rs 5,000 crore fraud involving Sterling Biotech.

Mar 13, 2018