Business

New Delhi: Banks have written off non-performing assets (NPAs) or bad loans worth about Rs 16.35 lakh crore in the last 10 financial years, Parliament was informed Monday. The highest amount of Rs 2,36,265 crore was written off during financial year 2018-19 while NPAs worth...

New Delhi: Maruti Suzuki India and Tata Motors Monday announced plans to increase vehicle prices from April in order to partially offset the impact of rising input costs. Maruti Suzuki said it plans to hike prices of its entire model range by up to 4...

Mumbai: Benchmark stock indices Sensex and Nifty bounced back Monday, closing higher by half a per cent following a sharp rally in global shares and buying in banking stocks. The 30-share BSE Sensex climbed 341.04 points or 0.46 per cent to settle at 74,169.95, snapping...

New Delhi: India's exports declined for the fourth month in a row in February to USD 36.91 billion due to volatility in petroleum prices and global uncertainties. The country's exports stood at USD 41.41 billion in the same month a year ago. However, trade deficit...

Getting a personal loan when your CIBIL score is not good can be like climbing a hill. Traditional lenders depend much on credit scores to sanction loans, and a poor score can result in rejection or increased interest rates. However, it does not imply that...

New Delhi: Wholesale price inflation marginally rose to 2.38 per cent in February due to expensive manufactured food items like vegetable oil and beverages, government data released Monday showed. The Wholesale Price Index (WPI) based inflation was 2.31 per cent in January. It was 0.2...

New Delhi: The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawing...

Mumbai: The rupee appreciated 25 paise to 86.80 against the US dollar in early trade Monday, as domestic equities opened on a higher note and Asian currencies continued to remain on the stronger side. Forex traders said the rupee could extend its gains in the...

New Delhi: Apple is planning to start production of airpods for exports at the Foxconn plant in Hyderabad from April, sources said. Airpods will be the second product category that Apple will start producing in India after iPhones. "Production of Airpods is going to start...

New Delhi: Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities...