The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving the way for the lender to resume full operations. ....

Government has taken the bait provided by unusually low global oil prices to raise excise duty on petrol and diesel to raise revenue that has been severely impacted by a slowing economy. ....

In more trouble for arrested Yes Bank founder Rana Kapoor and his wife Bindu Kapoor, the CBI has filed a fresh case in the purchase of a marquee property in Delhi's prestigious Amrita Shergill Marg from its owner Avantha Realty promoter Gautam Thapar, officials said. ....

The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank of India will pick up 49 per cent of the equity, while private investors will be allowed to buy the rest. ....

Registering the biggest ever recovery in the Indian stock markets, the Sensex and Nifty rose over 3 per cent on Friday afternoon ....

As the share market resumed trade after a 45 minute halt, indices trimmed losses and the BSE Sensex was trading lower by around 480 points. ....

The Indian rupee depreciated to a record low of 74.50 in its initial trade on Friday following the persistent fears of the coronavirus outbreak and bear run in the global financial markets. ....

Freefall in the Indian share markets resumed on Friday as both Nifty50 on the National Stock Exchange and the BSE Sensex hit their lower circuit and trading was halted for the next 45 minutes. ....

A massive outflow of foreign funds worth Rs 3,475.29 crore from India's domestic stock markets -- S&P BSE Sensex and NSE Nifty50 -- on Thursday led to the biggest ever single day fall on the two indices. ....

The State Bank of India (SBI) on Thursday said that its Executive Committee of Central Board (ECCB) has approved the purchase of 725 crore shares in Yes Bank at Rs 10 per share, which adds up to an investment of Rs 7,250 crore. ....