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Updated: 27 min 47 sec ago

Extend special loans to Jet to clear staff dues: Bank employees' union

1 hour 27 min ago
They praised lenders, led by SBI, for their mature and pragmatic han­dling of the Jet case, espe­cially for not yielding to pre­ssure to extend a rescue loan
Categories: Business News

Easter blasts: Sri Lanka imposes emergency as death toll mounts to 290

1 hour 44 min ago
Number of Indians killed in the serial blasts rises to 8; attacks carried out with the help of an international network
Categories: Business News

US Supreme Court to decide whether bias law covers gay, transgender staff

1 hour 52 min ago
The law forbids employment discrimination based on sex. The question for the justices is whether that language bars discrimination based on sexual orientation or transgender status
Categories: Business News

Donald Trump sues to block Democrats from getting his financial records

1 hour 59 min ago
President's lawyers say request has no 'legitimate' purpose
Categories: Business News

March foreign flows into Asian bonds the highest since January 2018

2 hours 8 min ago
Indian and Indonesian bonds - the two with highest yields in the region - both received net foreign inflows of $1.7 billion in March
Categories: Business News

Promoter stake slips in Essel group, Anil Ambani firms in March quarter

2 hours 13 min ago
According to exchange disclosures, the promoter group entities sold Rs 1,796 crore worth of shares in the listed Essel entities during the March quarter
Categories: Business News

Credit risk funds back on investors' radar as debt paper spreads widen

2 hours 22 min ago
The spreads differ depending on the sector and companies that issue the papers
Categories: Business News

US ends Iran oil import waivers; no supply woes for India, say marketers

2 hours 28 min ago
Though major Indian consumers said the country was ready for the situation, spiralling oil prices could create worries for the new government that will come to power next month
Categories: Business News

OMCs unlikely to be impacted by US withdrawal of sanction waiver

2 hours 29 min ago
Analysts say firms can source oil from other countries, but investors need to be conscious about rising crude prices
Categories: Business News

Sensex declines 495 points over Iran oil concerns; Nifty ends below 11,600

2 hours 37 min ago
Both indices fell the most since December 21, 2018
Categories: Business News

Jet Airways bids set to draw a blank; Etihad to say no, TPG back out too

2 hours 43 min ago
Among others, US-based private equity firms TPG Capital and Indigo Partners have not yet started any due diligence, in an indication that they don't intend to submit a binding bid
Categories: Business News

Money laundering case: ED orders Kochhars to appear with asset lists

2 hours 47 min ago
Chanda Kochhar also has to provide income-tax returns in her individual capacity and of companies if she was a director or held any position
Categories: Business News

RBI committee to peg excess capital at Rs 3 trillion, says BofAML

2 hours 50 min ago
BofAML's note comes as the panel led by former governor RBI Bimal Jalan prepares to submit its report in the coming weeks
Categories: Business News

Gail top bidder for IL&FS wind power plants with Rs 4,800-crore offer

2 hours 53 min ago
Gail has offered Rs 4,800 crore for the wind projects, which will fetch the beleaguered group 100 per cent of the enterprise value, thereby resulting in no hair cut to the debt of the SPVs
Categories: Business News

RBI may tweak Feb 12 circular on stressed assets to 30-day grace period

3 hours 3 min ago
New circular to treat term loan, cash credit on par with reference to buffer
Categories: Business News

World Cup: Nice guy, finish first! selectors' veiled advice to Rishabh Pant

3 hours 9 min ago
Chief selector MSK Prasad said 'Pant was almost there' but finishing matches was the important point where they felt 33-year-old Karthik had an advantage over 21-year-old Rishabh Pant
Categories: Business News

Blackstone to buy controlling stake in Essel Propack for Rs 3,211 crore

3 hours 10 min ago
Blackstone will buy 51 per cent in the specialty packaging company from promoter Ashok Goel at Rs 134 a share
Categories: Business News

Debating austerity

3 hours 16 min ago
At the crux of the book is the notion that when governments are facing an unsustainable debt position, it is much better to rein back deficits through spending cuts rather than tax increases
Categories: Business News

Governing uncertainty in geoengineering

3 hours 21 min ago
Climate geoengineering is deliberate large-scale intervention in Earth's climate system to limit adverse global warming
Categories: Business News

Need to protect people's data legally, technologically, says Nilekani

3 hours 32 min ago
Also, there is a need to make sure that people are protected as much as possible both legally and technologically, he added
Categories: Business News