Business

Iraq on track to be third oil supplier in 2030: IEA

April 26, 2019
Iraq is on track to produce nearly six million barrels of crude daily by 2030, the International Energy Agency said Thursday, which would make it the world’s third biggest oil supplier. The IEA...

RBI divests its entire stake in NABARD and NHB

April 25, 2019
Based on the recommendation of second Narasimham Committee, the Reserve Bank has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (...

Sensex soars 490 points to close above 39,000-level

April 25, 2019
Snapping three days of losing streak, domestic markets rose Wednesday tracking record gains on Wall Street amid easing crude prices. However, the rupee weakened against the dollar. The Sensex at the ...

Sensex tanks 495 points; Nifty ends at 11,594

April 23, 2019
The Sensex and Nifty plunged more than one per cent on Monday. The Sensex at the Bombay Stock Exchange declined 495 points or 1.26 per cent to close below 39,000 mark at 38,645. The Nifty at the Nati...

Nasim Zaidi quits Jet Airways board

April 23, 2019
Jet Airways’ non-executive and non-independent director Nasim Zaidi has quit the board. Mr Zaidi, the former Chief Election Commissioner and ex-civil aviation secretary, joined the Jet Airways ...

No five day a week in commercial banks, says RBI

April 21, 2019
The Reserve Bank of India (RBI) has not issued any direction with regard to a five day a week working for commercial banks. In a statement, the RBI said, it has been reported in certain sections of m...

Sensex slips from lifetime high on profit booking

April 19, 2019
Equity benchmark Sensex retreated from its lifetime high to close 135 points lower Thursday as investors booked profits at higher levels amid weak global cues. After rising to an intra-day record of ...