Raids in ministries exposes racket of selling documents to corporates

Busting a major ring of a well known chartered accountant and government servants, Central Bureau of Investigation has registered a case of alleged sale of confidential documents related to foreign......

Sensex jumps 496 points; ICICI, Airtel major movers

Benchmark Sensex rebounded 496 points while Nifty closed above the 21,600 level on Friday as buying in heavyweight stocks and a firm trend in global markets helped indices cut short three days of......

Markets hit new peaks on heavy buying in banking stocks

Benchmark Sensex and Nifty rebounded to close at their new lifetime highs on Friday after the Reserve Bank raised the growth forecast for the current fiscal and kept policy rates unchanged,......

Why are foreign banks marching out of retail banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......

Sensex spurts 389 points as oil, metal stocks recover

Among major Sensex movers, Reliance Industries soared by 3.29 per cent as energy prices rose due to the war in Ukraine. Tata Steel emerged as the lead gainer among Sensex scrips, jumping by 6.61......