Caution ahead of the likely RBI rate hike on Friday, the investor sentiments' were subdued leading the S&P BSE Sensex to lose over 400 points during the afternoon trade session on the day, while the Nifty50 traded below the 11,500 point-mark. ....

With unrelenting increase in fuel prices, the government on Thursday decided to effect a cut in the prices of petrol and diesel by Rs 2.50 per litre. ....

ICICI Bank's Chanda Kochhar, who is facing allegations of conflict of interest over a loan to Videocon Group that had in turn lent to a company part-owned by her husband, has quit as the bank's Chief Executive Officer and Managing Director. The inquiry against her will continue. ....

The Indian rupee plunged to a fresh record low of 73.77 to a US dollar on Thursday morning. ....

The Enforcement Directorate (ED) said on Monday it has attached foreign properties of fugitive diamond jeweller Nirav Modi worth Rs 637 crore in its ongoing investigation into the Punjab National Bank (PNB) fraud. ....

State-run Indraprastha Gas Ltd (IGL) has raised the price of compressed natural gas (CNG) by Rs 1.70 per kg and of domestic piped gas by Rs 1.30 per standard cubic metres (scm) in Delhi, effective Monday, following a change in the rate of domestic natural gas prices payable to producers. ....

Petrol retail rates finally breached the Rs 90 mark in Mumbai by touching Rs 90.08 per litre here on Monday, but stood much higher elsewhere in the state, industry officials said. ....

The trade war between the US and China got uglier on Tuesday as Beijing slapped tariffs on American goods worth $60 billion in retaliation to the additional taxes of $200 billion on Chinese goods by Washington. ....

In a reform measure aimed at further consolidation, the government on Monday announced the merger of three state-run banks--Dena Bank, Vijaya Bank and the Bank of Baroda--that will make it the country's third largest bank with a combined business of Rs.14.82 lakh crore. ....

The rise in domestic fuel prices continued unabated on Sunday, with the price of petrol nearing the psychological Rs 90 a litre mark in Mumbai and the fuel selling at Rs 89.29 under the dynamic pricing regime. ....