Amid mixed predictions on the outcome of Britain's historic referendum on leaving or remaining in the European Union (EU), key Indian equity indices opened sharply lower on Friday, with a little over two hours left for the actual result, awaited anxiously the world over. ...

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading day, Xinhua news agency reported....
After his no-holds barred attack on the RBI Governor, BJP MP Subramanian Swamy on Wednesday picked on a new target -- demanding the removal of Chief Economic Advisor Arvind Subramanian. ...
The clean up of a bank's balance sheet was more important than growth, as was evident from the lesson every other country that had faced financial stress learnt, Reserve Bank of India (RBI) Governor...
The government should infuse capital in state-run banks to enable them to support credit growth, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Wednesday. ...

The scheme ‘Monsoon Bonanza Sale’ offers passengers with one-way base fare that starts from Rs 444 for its non-stop and via flights on its domestic routes....
The capital market regulator on Tuesday approved stock market majors -- BSE and the National Stock Exchange of India (NSE) -- for launch of electronic book mechanism...
A global airlines' association on Tuesday raised concerns over a provision in the recently approved national civil aviation policy (NCAP) to ascertain airport tariffs....
Beleaguered tycoon Vijaya Mallya resigned as chairman of Bayer CropScience Ltd, the Indian subsidiary of the German pharma major Bayer AG, the company ...
The Finance Ministry has announced new rules allowing for premature withdrawal of the Public Provident Fund (PPF) account deposit for reasons such as higher ...