Markets

PNB Scam: What lies beyond a fraudulent letter and 2 corrupt officials?

Investigative agencies are struggling to find out how the largest financial fraud to take place in the country went undetected for years.

Feb 16, 2018

Top Indian banks at the center of $2 bn PNB scam: Report

India's biggest lender State Bank of India, and two other state-run banks Union Bank of India and Allahabad Bank, are among those in the fray for extending credit to PNB, according to media reports.

Feb 16, 2018

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Buy, Sell, Hold: What stocks are analysts tracking on Feb. 16

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex rose 141 points or 0.41 percent to close at 34,297 on Thursday.

Feb 16, 2018

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Stocks to watch: PNB, SBI, Gitanjali Gems, Indoco Remedies

Here are a few stocks that are likely to move in trades on Friday.

Feb 16, 2018

Economy and markets: All you need to know to start your day on Feb. 16

SGX Nifty, an early indicator of the Nifty 50's trend in India, signals a positive start for the domestic markets after the benchmark Sensex rose 141 points or 0.41 percent to close at 34,297 on Thursday.

Feb 16, 2018

Gupta Brothers: Meet Indian tycoons from UP who 'felled' S. African President Zuma

The controversial Gupta family is known to wield substantial influence in South Africa through its close ties with Zuma.

Feb 15, 2018

Buy, Sell, Hold: What stocks are analysts tracking on Feb. 15

India's benchmark Sensex gained over 100 points to trade at 34,269 on Thursday.

Feb 15, 2018

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Valentine's week: Bengaluru airport spreads scent of love across globe, exports 325 tonnes of roses

About 325 tonnes of roses were exported to 36 destinations in 25 countries between Feb 1 and Feb 14 from Bengaluru International Airport.

Feb 14, 2018

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US shale boom could force OPEC to take action: Here's how India can benefit

The relentless rise of U.S. shale output could prompt the world's top oil producers to bring a change in their policy, according to the Paris-based IEA.

Feb 14, 2018

Punjab National Bank reveals transactions fraud of Rs 11,300 crore in Mumbai branch

Shares slumped as much as 6 percent in early trade in PNB even as the benchmark index made gains.

Feb 14, 2018

Why it's best to avoid PSU bank stocks right now

Market experts believe the new measures by the RBI would lead to early recognition of bad loans, leading to higher provisioning expense that could subsequently hit bank profits.

Feb 14, 2018