Business

Inflation based on the wholesale price index (WPI) was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.

With increasing smartphone penetration and internet access, insurance companies will need to adapt to the modern customer needs by adopting the new technological infrastructure, a joint CII-PricewaterhouseCoopers (PwC) report said.

Terming the non-performing assets (NPAs) or bad loans problem as a 'legacy issue', NITI Aayog Vice Chairman Arvind Panagariya said that even after three years of the NDA government taking charge, it has not gone away.

FPIs invested a net sum of Rs 10,419 crore (USD 1.6 billion) in the debt markets during August 1-12.

The RBI lowered its main policy rate by 25 basis points to 6 percent, its lowest since November 2010, but senior officials argue with inflation below target and private investment contracting it should have cut by 50-75 basis points.

P-notes are issued by registered foreign portfolio investors to overseas players who wish to be a part of the Indian stock markets without registering themselves directly.

Replying to an RTI application, the central bank said the Government of India had sought its comments on the launch of Sharia-compliant mutual funds by State Bank of India in December 2014.

ICICI Bank stock slipped 3.60 percent to end at Rs 296 on BSE. During the day, it lost 4.28 percent to Rs 293.90.

In a regulatory filing on BSE, Axis Bank confirmed that Shikha Sharma will stay in charge till 2021, putting an end to all speculation of her exit.

IT Firms are now looking at developing platforms based on artificial intelligence (AI).

The JioPhone will also cut out the traditional cable TV distributors. A mobile-to-TV cable can be used to plug the phone to any television, effectively turning the device into a set top box.

While in the short term, demonetisation has had a negative impact on real estate and construction activities and hence on the cement off-take, the impact has started to subside from Q1 FY2018, the ICRA report said.

The government owns 51.1 percent stake in Hindustan Petroleum Corp Ltd (HPCL).

Market regulator Securities and Exchange Board of India (SEBI) on Wednesday solicited feedback from market participants on how to grow and develop equity derivative markets in the country.

On the sidelines of a briefing about GST, Prakash Kumar, Chief Executive Officer at Goods and Services Tax Network (GSTN), told News18 they get two types of queries from people regarding the new tax -- How to log into the website of the GST portal and the...

Esplanade Metropolitan Magistrate's Court on Tuesday took cognisance of the defamation complaint filed by Tata Trusts' R Venkatramanan against the ousted Tata Group chairman Cyrus Mistry.