Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming. ....

The Reserve Bank of India (RBI) on Tuesday said there was no liquidity crisis in the non-banking financial companies, assuaging the government's concerns that a cash crunch in the shadow banking space could have a ripple effect through the wider economy. ....

India and Japan will start a 2+2 Ministerial Dialogue involving their respective foreign and defence ministers to work for peace and stability in the world, Indian Prime Minister Narendra Modi Narendra Modi said on Monday. ....

The Enforcement Directorate on Tuesday filed chargesheet under the anti-money laundering law against Sandesara brothers and their Gujarat-based pharmaceutical company Sterling Biotech Limited (SBL) in the fraudulent Rs 8,100-crore loan from domestic as well as offshore branches of Indian banks during 2004-2012. ....

Automobile major Hyundai Motor India (HMIL) on Tuesday launched 'the all new Santro' with an introductory price starting at Rs 3.89 lakh. ....

The Enforcement Directorate on Wednesday said it has attached assets in India and abroad worth Rs 218 crore belonging to fugitive diamond merchants Nirav Modi and his maternal uncle Mehul Choksi. ....

India's annual rate of inflation based on wholesale prices increased to 5.13 per cent in September from a rise of 4.53 per cent in August, official data showed here on Monday. ....

Swedish furniture, kitchen appliances and home accessories retailer IKEA would invest Rs 2,000 crore in setting up and expanding its store in this tech hub in 2020, a top official said on Thursday. ....

Petrol and diesel prices witnessed an increase across the four metro cities on Sunday, two days after the government announced an excise duty cut on the fuel to give relief to the common man. ....

Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews. ....