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CBI arrests three more PNB executives in $1.8 billion fraud probe

NEW DELHI/MUMBAI The Central Bureau of Investigation arrested three more employees of Punjab National Bank on Monday over a $1.77 billion loan fraud, and the government said the scandal exposed a supervisory failure by the country's central bank, police and local media reports said.

Recent Business News

Castlelake in talks to buy Brazil mill from Shree Renuka - sources

SAO PAULO U.S.-based private equity firm Castlelake LP is in talks to take over a sugar and ethanol plant in Brazil owned by Indian company Shree Renuka Sugars Ltd, according to two sources familiar with the negotiations.

Top News, 19 Feb 2018

India's high-flying graphite electrode firms face curbs

NEW DELHI Indian manufacturers of graphite electrodes used in electric arc furnaces are booming on the back of China's pollution crackdown, but soaring prices have set the companies on a collision course with government and steelmakers.

Top News 19 Feb 2018

Singapore Exchange to launch new Indian derivatives before NSE deal ends

SINGAPORE Singapore Exchange Ltd (SGX) said on Monday it will launch successor products to its flagship Indian equity index derivatives before the bourse's licence agreement with the National Stock Exchange of India (NSE) expires in August 2018.

19 Feb 2018

Global stocks break recovery streak with U.S. and China closed

LONDON World stocks were set to post their first loss in five days on Monday, breaking a winning streak that saw them recover almost half their losses from a violent sell-off two weeks ago. | Video

19 Feb 2018

How a U.S. coal deal warmed Ukraine's ties with Trump

KIEV For the first time in Ukraine's history, U.S. anthracite is helping to keep the lights on and the heating going this winter following a deal that has also helped to warm Kiev's relations with President Donald Trump.

19 Feb 2018

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 33,774.66 -236.10 -0.69%
Nikkei 22,149.21 -- --%
Hang Seng 31,115.43 -- --%
EUR/INR 78.878 +0.05%
USD/INR 64.285 -0.13%
GBP/INR 89.067 +0.10%
Gold 1,321.20 +8.10 +0.62%
Oil 62.48 +0.80 +1.30%
Corn 367.50 +0.00 +0.00%

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