US President Donald Trump said on Wednesday that the US would impose "very substantial" tariffs on China if the two countries were unable to reach a trade deal during his meeting with Chinese President Xi Jinping on the sidelines of the G20 Summit in Osaka, Japan. ....

After launching its biggest crackdown on railway ticket agents and touts, the Special Intelligence Branch of the Railway Protection Force (RPF) is now probing the role of insiders involved in the racket which runs into several crores. ....

Prime Minister Narendra Modi on Monday asked the top bureaucrats of each government department to plan, create roadmap and take decisions to make India a $5 trillion economy while making "ease of living" their top priority. ....

The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....

Home and auto loans are set to become cheaper as the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent. ....

Hit hard by the 5-year low GDP growth and a 45-year high unemployment rate of 6.1 per cent, the newly formed Modi government swung into action and on Wednesday, as it formed two new cabinet committees to check the declining trend in growth and employment and spur demand as well as consumption. ....

Six years after it reported serious procedural irregularities in the process of allocating blocks for mineral exploration, the CBI will begin a Preliminary Enquiry into the granting of licenses to private parties in 2010, during the UPA government's tenure, to explore for and mine atomic minerals. ....

Reserve Bank of India (RBI) Governor Shaktikanta Das called on Union Finance Minister Arun Jaitley here on Sunday. ....

Indian equity indices opened on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections. ....

Former ICICI Bank CEO and Managing Director Chanda Kochhar and her husband Deepak Kochhar have failed to provide satisfactory answers to about 20 out of over 100 key questions posed to them by Enforcement Directorate sleuths during over 60 hours of questioning in five days starting May 13, according to sources in the investigating agency. ....