Business

The 30-share index fell by 293.31 points, or 0.85 per cent, to 33,899.34 in opening trade.

The RBI had undertaken a scrutiny in mid-2016 after the Prime Minister's Office referred to it allegations of ICICI Bank CEO Chanda Kochhar's husband, Deepak reaping windfall gains from his association with businessman Venugopal Dhoot, whose Videocon Grou...

Simultaneously, the US also announced eligibility review of other two countries — Indonesia and Kazakhstan, which it said was based on concerns about the countries' compliance with the programme.

Prime Minister Narendra Modi in 2016 approved the constitution of BBB as a body of eminent professionals and officials to make recommendations for the appointment of Whole-time Directors as well as non-Executive Chairmen of PSBs.

They were sent through an international messaging system for banking called SWIFT, which is used to pass instructions among banks globally to transfer funds.

The 30-share Sensex gained 60 points to 33,940.44, while the broader NSE Nifty finished at 10,417.15, up 14.90 points.

India, keen to sell the loss-making, debt-ridden airline, finalised plans in late March to divest a 76 percent stake and offload about $5.1 billion of its debt.

"This year, we will considerably reduce auto import tariffs, and at the same time reduce import tariffs on some other products," Xi Jinping said at the Chinese Boao Forum for Asia in Hainan province.

The GMR-group-run New Delhi airport jumped from 22nd rank in 2016 to 16th rank, solidifying its status as one of the fastest growing airports in the world for passenger traffic, as per the Airports Council International (ACI).

Placing a ban on all regulated entities, including banks, from dealing in virtual currencies like bitcoins, the Reserve Bank of India said on Thursday that it is exploring a "fiat digital currency".

Pratt & Whitney (P&W) engine woes had forced grounding of 11 A320neos operated by IndiGo and three flown by GoAir.

Rising for the third straight session, the 30-share index gathered another 98.15 points, or 0.29 per cent, to 33,468.78. The gauge had rallied by 401.95 points in previous two sessions.

Banks import raw gold and silver and sell it to the trade participants. This activity helps a bank with fees and deepen its relationships with key clientele, according to the industry analysts.

The deal would allow Monex to access Coincheck's customer base, which saw a spurt in users as the cryptocurrency sector grew rapidly last year.

Completion of this deal brings the approval of Idea and Vodafone merger closer. The closure of approximately Rs 4,000-crore mobile tower sale deal between ATC and Idea is now awaited.

The CBI has questioned a few officials of ICICI Bank as part of a preliminary enquiry to find out if any quid pro quo was involved in the bank giving Rs 3,250 crore loan to the Videocon Group in 2012.