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Jaitley to return as Finance Minister, to attend CCS meet

New Delhi, Feb 15 (IANS) Union Minister Arun Jaitley, who returned from the US last week after a medical treatment, will resume office as the Finance Minister on Friday. Official sources said Jaitley will resume…

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US dollar weakens amid gloomy economic data

New York, Feb 15 (IANS) The US dollar declined as the allure of the greenback diminished amid a slew of downbeat economic data. In late New York trading on Thursday, the euro rose to $1.1299…


US stocks close mixed amid retail sales tumble

New York, Feb 15 (IANS) US stocks ended mixed as tech-related stocks’ strong performance offset part of the negative impact caused by the unexpected biggest fall of US retail sales in December 2018 in nine…





RBI imposes monetary penalty on three banks

Mumbai, Feb 14 (IANS) The Reserve Bank of India (RBI) has imposed separate monetary penalties on three lenders — Bank of India, Oriental Bank of Commerce and Punjab National Bank — over deficiencies in complying…




GSK Consumer Healthcare’s Q3 net profit up 35%

Mumbai, Feb 14 (IANS) GlaxoSmithKline (GSK) Consumer Healthcare on Thursday reported a 35.07 per cent rise in net profit for the October-December quarter. Its net profit for the third quarter of the current fiscal was…





Yes Bank soars 30% after RBI report

Mumbai, Feb 14 (IANS) The Yes Bank stock rose sharply 30.73 per cent to close at Rs 221 apiece on Thursday, a day after the Reserve Bank of India (RBI) found no inconsistency, or “divergence”,…




NCLAT quashes NCLT order against ECL

Kolkata, Feb 14 (IANS) The National Company Law Appellate Tribunal (NCLAT) has set aside the National Company Law Tribunal (NCLT) Kolkata bench’s order to start insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of Coal…