The price of non-subsidised LPG cooking gas will be hiked by Rs 55.50 per cylinder in New Delhi, and that of the subsidised one by a marginal Rs 2.71, effective July 1. ....

Fugitive tycoon Vijay Mallya has petitioned the Karnataka High Court to permit him and his holding firm UBHL to sell their assets under its supervision to repay creditors, including state-run banks, while saying a civil law matter of loan recovery had been made a criminal matter in his case. ....

The Interpol will soon issue a Red Corner Notice (RCN) against diamond jeweller Nirav Modi, who is one of the accused in the Rs 13,500 crore Punjab National Bank fraud, officials said on Wednesday. ....

The Chief Economic Advisor (CEA), Arvind Subramanian's term would not be extended any further as he wants to go back to the US due to family commitments, Finance Minister Arun Jaitley said in a Facebook post on Wednesday. ....

In yet another long blog, Finance Minister and senior BJP leader Arun Jaitley on Monday lauded the fourth quarter GDP growth of 7.7 per cent saying the future looked much brighter than the past. ....

A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 per cent, to nearly double over the 2.26 per cent registered in May last year and higher than the 3.18 per cent recorded in April, 2018, Commerce Ministry data showed on Thursday. ....

The Enforcement Directorate (ED) has requested the Interpol to issue Red Corner Notice (RCN) against absconding diamentiare Nirav Modi in connection with its probe into the Rs 13,500 crore Punjab National Bank (PNB) fraud case, agency sources said. ....

The Cabinet on Wednesday approved Rs 24,000 crore foreign direct investment (FDI) into HDFC Bank, Finance Minister Piyush Goyal said here. ....

Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said. ....

India is projected to regain its position as the world's fastest growing major economy advancing 7.3 per cent this fiscal year and 7.5 per cent in the next two "as factors holding back growth in India fade", according to the World Bank forecasts. ....