Refiners to pay Iran for oil in rupee

Iranian oil exports have dropped ahead of sanctions as several countries have begun to curtail their purchase from the Middle-East producer. Read more »

India can produce 100 tonnes of gold per year: Expert

"The country can ramp up capacity to produce between 100-200 tonnes of gold in a year which could come out of around 20 mines. Read more »

Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SC

A bench of Justices R F Nariman and Indu Malhotra took note of the submissions with a word of caution saying the charges and counter-charges by the two firms, seeking to bid... Read more »

Govt appoints MDs, CEOs in 10 nationalised banks; 5 from SBI alone

Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI. Read more »

RBI trims Rana Kapoor’s term as Yes Bank CEO

His present term ended on August 31. However, the RBI had allowed him to continue till further notice. Read more »

CCEA approves new rail line connecting Budni and Indore in poll-bound Madhya Pradesh

The railways has to acquire around 881 hectare of land for the project which is expected to be completed by 2024-2025, sources said. Read more »

BoB, Dena, Vijaya Bank merger to up operating efficiencies: Report

The government Monday said BoB, Vijaya Bank and Dena Bank will be merged to create the country's third largest lender. Read more »

Income Tax lens on Jet Airways accounts amid allegations of irregularities

Allegations have also been made that the airline siphoned off money under the guise of selling and distribution expenses and other means with companies privately owned by the promoter. Read more »

Trai will act as a catalyst to wider 5G adoption in India: RS Sharma

“TRAI is evolving with technology. It would have been inconceivable to have a consultation paper recommendations on ownership, privacy and security of data earlier,” said... Read more »

Panasonic eyes Rs 100 cr in appliance exports revenue from India biz

The company already exports appliances like electric cookers, mixer grinders and wet grinders to international markets and clocked export revenue of about Rs 64 crore last fiscal. Read more »