Pushing the pedal on its disinvestment programme, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved strategic disinvestment in five large public sector undertakings (PSU) -- BPCL, CONCOR, SCI, THDC and NEEPCO -- along with change in management control in these companies. ....

Global rating agency Moody's Investors Service on Friday cut India's outlook from 'stable' to 'negative' reflecting increasing risks to the country's economic growth and the government's failure in addressing long-standing economic and institutional weaknesses. ....

With supplies running short and onion prices at Rs 80 a kg, the Consumer Affairs Ministry said on Tuesday that the government will act as a facilitator for onion imports to ease the process and ensure a quick and healthy supply from other countries. ....

Tightening its noose in bank fraud cases worth Rs 7,000 crore, the Central Bureau of Investigation (CBI) on Tuesday carried out searches at over 169 locations across the country. ....

Tightening its noose in the multi-crore real estate deals involving fugitive underworld don Dawood Ibrahim Kaskar's close aide late Iqbal Mirchi and his family, the Enforcement Directorate (ED) on Saturday carried out searches at over 14 places, including offices of Dewan Housing Finance Corp Ltd (DHFL) and Sunblink Real Estate Private Ltd and residences of their promoters. ....

A customer with around Rs 90 lakh in the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd has died. Sanjay Gulati had already lost his job earlier this year following the collapse of the Jet Airways, and now restrictions on his hard-earned savings may have taken away his life. ....

Lower prices of key transportation fuels along with those of manufactured products eased India's annual rate of inflation based on wholesale prices to 0.33 per cent in September from 1.08 per cent in August. ....

The Delhi Police's Economic Offences Wing (EoW) on Thursday arrested pharma major Ranbaxy's ex-promoter Shivinder Singh in a Rs 740 crore fraud case. ....

Facing flak from several quarters on the PMC Bank fraud case, Finance Minister Nirmala Sitharaman on Thursday said that if amendments help in better regulation, the Centre would go ahead with the required legislative procedure. ....

With Reliance Jio announcing 6 paise per minute charge for voice calls to rival networks, Vodafone Idea on Wednesday termed the announcement "an action of undue haste" and Airtel termed the Mukesh Ambani-owned company's move a forced tactics to reduce interconnection charges. ....