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All posts tagged "Business"

Business1 day ago

Sensex, Nifty open higher

Mumbai, Feb 15: The Sensex gained close to 140 points after opening higher on Friday while the Nifty logged slight gains to trade above the 10,750...
Business2 days ago

Market down for sixth-straight session; Sensex falls 157 pts

Mumbai, Feb 14: Sharp jump in Brent crude oil price along with subdued quarterly earning results and a weak rupee pulled the key equity indices lower...
Business2 days ago

FinMin asks six public sector banks to improve on PCA parameters

Earlier, a Finance ministry official had said all the six banks were expected to come out of PCA over the next two quarters or by June.
Business3 days ago

Ratan Tata’s half-brother Noel joins as trustee of Sir Ratan Tata Trust

Mumbai: R Venkataramanan, the managing trustee of the Tata Trusts, a string of non-profits that own 66% of the diversified Tata Sons, has resigned. In another...
Business3 days ago

Markets open in green

Mumbai, Feb 13: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business4 days ago

India’s January retail inflation more than halved to 2.05%

New Delhi, Feb 12 : India’s annual rate of retail inflation more than halved to 2.05 per cent in January from a high of 5.07 per...
Business4 days ago

India’s YoY industrial production growth rate plunges in December

New Delhi, Feb 12 (IANS) The growth rate of India’s factory production decelerated in December 2018 at 2.4 per cent from a rise of 7.3 per...
Business4 days ago

Sensex ends 240 points lower ahead of inflation data release

Mumbai, Feb 12: The BSE Sensex closed 240 points lower on Tuesday, ahead of the release of retail inflation and industrial production data. After trading on...
India4 days ago

Faridabad-based student team clinches Microsoft’s Asia talent hunt contest

It was the proud moment for the Indian Tricolour to fly high as Faridabad-based Manav Rachna Institute of Research and Studies, student team attained victory at...
Business4 days ago

Swiggy launches ‘Stores’ platform for FMCG, medicine delivery

Bengaluru, Feb 12: In a bid to challenge the dominance of online fast moving consumer goods (FMCG) delivery platforms like Grofers and Big Basket, food delivery...
Business5 days ago

Sensex ends 151 points lower, Nifty short of 10,900

Mumbai, Feb 11: Major equity indices traded in the red throughout the day on Monday ahead of the key macro-data release on Tuesday, with Sensex closing...
Blog6 days ago

Defunct Kingfisher Airline promoters prevented shares worth over Rs 7,500 crore for use in settling bank claims

New Delhi, Feb 10 (IANS) Promoters of Kingfisher Airlines Ltd (KAL), including embattled liquor baron Vijay Mallya and United Breweries Holdings Ltd (UBHL), were in possession...
Business1 week ago

Sensex tanks 425 points, Nifty below 11,000

Mumbai, Feb 8: Both Sensex and Nifty ended over 1 per cent lower on Friday following a steep decline in auto stocks led by Tata Motors...
Blog1 week ago

RBI shifts to a more sanguine framework

The RBI cut policy rates by 25 bps to 6.25 per cent (voted 4-2) and changed the monetary policy stance from ‘calibrated tightening to ‘neutral (unanimous...
Business1 week ago

Good news: RBI rate cut to bring down EMI on home loans

Mumbai, Feb 7: The lowering of key lending rates by the Reserve Bank of India (RBI) on Thursday has come as a pleasant surprise for homebuyers...
Business1 week ago

Profit booking after rate cut subdues market

Mumbai, Feb 7: The Indian equity market failed to hold on to early gains made on the back of the Reserve Bank of India’s (RBI) suprise...
Business1 week ago

Loan interest costs set to fall as RBI cuts rate to 6.25%

New Delhi, Feb 7: In a surprise move that could bring down home and auto loans, the RBI on Thursday went the whole hog by not...
Business1 week ago

GAIL terminates contract with IL&FS for laying pipeline

New Delhi, Feb 6 : Natural gas processing and distribution major GAIL has terminated a contract given to IL&FS for laying pipeline in Bokaro-Durgapur section due...
Business1 week ago

Allahabad Bank narrows losses to Rs 732.81 cr in Q3

Kolkata, Feb 6: State-run Allahabad Bank on Wednesday announced a net loss of Rs 732.81 crore for the quarter ended December 31, 2018, narrowing the net...
Business1 week ago

Sensex closes 358 point up on hopes of rate cut

Mumbai, Feb 6: Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly...
Business1 week ago

Air India CMD Pradeep Singh Kharola appointed Civil Aviation Secretary

New Delhi, Feb 6: Pradeep Singh Kharola, Chairman and Managing Director, Air India, was appointed the new Civil Aviation Secretary on Wednesday. The announcement came a...
Business1 week ago

Crypto exchange may have lost $145 mn after CEO dies in India

Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after the death of Cotten, its...
Business2 weeks ago

Caution over RBI’s rate-decision subdues market; oil stocks down

Mumbai, Feb 5: Caution over RBI’s rate-decision along with high crude oil price subdued the Indian equity indices on Tuesday. However, healthy gains in the global...
Business2 weeks ago

Bharti Airtel tanks over 4% after Moody’s downgrade

Mumbai, Feb 5: Shares of telecom major Bharti Airtel Ltd slipped over 4 per cent on Tuesday after ratings agency Moody’s downgraded some notes of the...
Business2 weeks ago

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

New Delhi, Feb 5: Retail giant Walmart may exit Flipkart after India’s new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment...
Business2 weeks ago

Last hour rebound lift equity indices, Sensex ends 113 pts up

Mumbai, Feb 4: Amidst fears over fiscal slippage, the Indian equity market made gains on Monday as buying picked up in the last hour of the...
Business2 weeks ago

GST revenue shortfall drags down tax revenue estimates

New Delhi, Feb 2 : Shortfall in GST revenue of an estimated Rs 1 lakh crore has forced the government to revise downwards its gross tax...
India2 weeks ago

Farmers’ protest as FM announces farm sops; DND shut, Delhi-Noida traffic hit

New Delhi, Feb 1 : On the day when Finance Minister Piyush Goyal announced direct annual income support of Rs 6,000 to farmers with land holding...
Business2 weeks ago

Interim Budget buoys market, Sensex ends 212 pts up

Mumbai, Feb 1:Interim Budget announcements of higher tax exemption limit and key measures for the rural economy and SME sector buoyed the Indian equity market on...
Business2 weeks ago

This in not Budget, but BJP manifesto for Lok Sabha polls: Congress

New Delhi, Feb 1: The Congress on Friday dubbed the Interim Budget as the “BJP manifesto”, saying the entire exercise was aimed at wooing voters for...
Business2 weeks ago

Highlights of Interim Budget 2019-20

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday made some major announcements in this year’s interim budget, including income support for marginal farmers and...
Business2 weeks ago

Budget 2019: No need to pay income tax if you earn less than Rs 5 lakh

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday made some major announcements in this year’s interim budget, including income support for marginal farmers and...
Business2 weeks ago

Budget 2019: Rs 6,000 investment support to farmers

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced direct annual income support of Rs 6,000 to farmers with land holding of two hectares....
Business2 weeks ago

Fiscal deficit target pegged at 3.4% of GDP in 2019-20

Fiscal deficit target pegged at 3.4% of GDP in 2019-20
Business2 weeks ago

Budget 2019: Government announces ‘Kamdhenu Yojana’ for cows

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced that the government will set up “Kamdhenu Yojna” for the welfare of cows. “The government...
Business2 weeks ago

Budget 2019: Goyal announces mega pension scheme for unorganised sector workers

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced the “Pradhan Mantri Shram Yogi Mandhan”, a scheme to provide an assured monthly pension of...
Business2 weeks ago

Market surge on global cues, healthy Q3 results; Sensex up 665 pts

Mumbai, Jan 31: Short-covering ahead of the monthly derivatives expiry along with a dovish US Fed outlook and healthy large-cap quarterly earnings result pushed the barometer...
Business2 weeks ago

Sensex ends flat over caution ahead of interim budget, F&O expiry

Mumbai, Jan 30: Mixed corporate earning results and caution ahead of the upcoming interim budget as well as the F&O expiry kept the indices from advancing...
Business2 weeks ago

Zee Media independent director quits after company ‘upheavals’

Mumbai, Jan 30: The massive plunge in Zee Entertainment Enterprises Ltd (ZEEL) stock last week following a media report which said that Zee promoters Essel Group...
Business3 weeks ago

Sensex ends 64 points lower, Nifty settles at 10,652

Mumbai, Jan 29: Uncertainties in the global market and caution ahead of the interim budget kept the major equity indices in a tight range on Tuesday,...
Business3 weeks ago

Equity market slumps over 1%; banking stocks tank

Mumbai, Jan 28: The Indian equity market slumped by over 1 per cent on Monday as banking, automobile, healthcare and consumer durables stocks came under heavy...
Business3 weeks ago

On Feb 1, will it be an interim budget or vote-on-account?

New Delhi, Jan 28: Will there be an interim budget or a vote-on-account on February 1. While the suspense on who will present it has ended...
Business3 weeks ago

Sensex up 160 points, Nifty marginally short of 10,900

Mumbai, Jan 25: Positive global markets and a strengthening rupee, with its third straight session of gains, aided the key equity indices to trade on a...
Business3 weeks ago

Mukesh Ambani aims to become India’s 1st Internet tycoon: The Economist

New Delhi, Jan 25: After a successful run with Jio which decimated the rival telecom players and has empowered 28 crore users in India till date,...
Politics3 weeks ago

NDA-BJP Govt has no right to present full budget: Congress

New Delhi, Jan 24: The Congress on Thursday attacked the Narendra Modi-led government for its plans to present a “full-fledged” budget in the upcoming Parliament Session,...
Business3 weeks ago

Sensex ends 86 points up, Nifty settles at 10,849

Mumbai, Jan 24: Amid mixed global cues and strengthening rupee, the Sensex advanced 86 points on Thursday while the broader Nifty settled at 10,849. While the...
Business3 weeks ago

Ravneet Singh Gill to be Yes Bank MD, CEO

Mumbai, Jan 24: Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1....
India3 weeks ago

CBI registers case against V.N. Dhoot, Chanda Kochhar

Mumbai, Jan 24: In a significant development, the CBI on Thursday lodged an FIR against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and...
Business3 weeks ago

After Jio, Mukesh Ambani bets big on Internet, video streaming market

New Delhi, Jan 24: Reliance Industries Chairman and Managing Director Mukesh Ambani who has disrupted the mobile telephony market with Reliance Jio, is set to take...
Business4 weeks ago

Sensex down 130 points minutes after opening in green

Mumbai, Jan 22: The S&P BSE Sensex declined around 130 points minutes after opening on a positive note on Tuesday, tracking weakness in the major Asian...
Business4 weeks ago

Sensex ends 190 points higher

Mumbai, Jan 21: Amid healthy third quarter earnings, Sensex and Nifty ended on a firm note on Monday tracking similar trend in the global markets over...
Business4 weeks ago

Nepal bans Indian notes above Rs 100

Kathmandu, Jan 21: Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100. The Nepal Rastra Bank (NRB) on Sunday...
Business4 weeks ago

Budget expectation, Q3 results to guide Indian equities

The ongoing third quarter earning results, budget expectations, developments in the US-China trade relations and the Brexit issue will chart the course of the markets in...
Business4 weeks ago

Sensex, Nifty end flat; healthcare stocks fall 2%

Mumbai, jan 18: Mixed global cues, weakness in the Indian currency and heavy selling in the healthcare and finance stocks dragged the key equity indices on...
Business4 weeks ago

Doing business in India now easier, cheaper, faster: PM Modi

Gandhinagar, Jan 18: Prime Minister Narendra Modi on Friday said that his government had made doing business in India easier, cheaper, faster and smarter with his...
Business4 weeks ago

Sensex ends 52 points up, Nifty holds 10,900

Mumbai, Jan 17: Amid mixed global markets and the ongoing corporate earning session, Indian equities ended higher on Thursday. Ahead of the release of quarterly results...
Business1 month ago

RBI relaxes external commercial borrowing norms

New Delhi, Jan 16 : The Reserve Bank of India (RBI) on Wednesday announced a new framework for external commercial borrowings (ECBs) and rupee-denominated bonds in...
Business1 month ago

Microsoft’s venture fund to invest in Indian startups

Bengaluru, Jan 16: Microsoft on Wednesday announced that its corporate venture fund M12 will invest in Indian startups with a funding size of $2 million to...
Business1 month ago

Indian equities end flat on May’s Brexit defeat

Mumbai, Jan 16: Broadly negative global cues, especially owing to the political uncertainty in the UK, subdued the Indian equity market on Wednesday. Both major indices...
Industry1 month ago

Nokia to cut jobs, says slow 5G progress not cause for layoffs

Helsinki, Jan 16: Finnish telecommunication giant Nokia on Tuesday announced its plans to cut jobs, media reported. Nokia gave 350 as a layoff target in Finland,...
Business1 month ago

Equities up on rate cut hopes, positive Asian market clues

New Delhi, Jan 15: Expectations of an interest rate cut in the monetary policy over lower monthly inflation combined with a rebound in Asian markets gave...
Blog1 month ago

Income Tax exemption threshold may go up in interim budget

New Delhi, Jan 14 : With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from...
Business1 month ago

India’s December retail inflation eases to 2.19%

New Delhi, Jan 14: India’s retail inflation in December eased to 2.19 per cent from a rise of 2.33 per cent in November, official data showed...
Business1 month ago

Sensex ends 157 points lower over fresh signs of global slowdown

Mumbai, Jan 14: Sensex and Nifty fell on Monday in line with Asian markets which responded on poor Chinese trade data and an extended partial US...
Business1 month ago

Lower fuel prices ease India’s WPI to 3.80% in December

New Delhi, Jan 14: Lower fuel and manufactured products prices eased India’s annual rate of inflation based on wholesale prices to 3.80 per cent in December...
Business1 month ago

Sensex ends 97 points lower on higher crude prices

Mumbai, Jan 11: A continuous rise in global crude oil prices, along with caution ahead of key micro-economic data to be released later in the day,...
Business1 month ago

Chinese yuan edges higher against US dollar

Beijing, Jan 11: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 251.00 basis points to 6.7909 against the US dollar Friday,...
Business1 month ago

Sensex ends 106 points lower over declining banking stocks

Mumbai, Jan 10: Sensex and Nifty ended lower on Thursday over a sharp rise in crude oil prices and decline in banking stocks. Brent crude futures...
Business1 month ago

Equities close in green, Sensex up 230 points

Mumbai, Jan 9: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business1 month ago

India to retain status as fastest growing economy in 2019-20: World Bank

United Nations, Jan 9: Fuelled by policy reforms and rebound in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal...
Business1 month ago

India to retain status as fastest growing economy in 2019-20: World Bank

United Nations, Jan 9 : Fuelled by policy reforms and rebound in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20...
Business1 month ago

Global rally; Q3 expectations push indices higher

Mumbai, Jan 8: Broadly positive global bourses, coupled with stock-specific buying on the back of positive quarterly earning expectations pushed the Indian equity market higher on...
Business1 month ago

Sensex ends 155 points up over positive global cues

Mumbai, Jan 7: Expectations of robust Q3 corporate earning results beginning this week, coupled with positive global cues on easing US-China trade tensions along with a...
Business1 month ago

RBI to carefully consider liquidity inducing measures: Governor Das

New Delhi, Jan 7 (IANS) Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become “loose...
Business1 month ago

India’s service activity growth eases in December

In addition, the headline seasonally adjusted Nikkei India Composite PMI Output Index came down from a 25-month high of 54.5 in November to 53.6 at the...
Business1 month ago

Sensex ends 180 points up led by gains in financials

Mymbai, Jan 4: Indian stocks ended higher on Friday despite negative global cues as financials stocks led the gains on major equity indices. In addition, the...
Business1 month ago

Xiaomi, Redmi split to become different brands

Beijing, Jan 4: Chinese handset maker Xiaomi has announced it is making Redmi an independent brand without revealing detailed reason behind the move. The announcement essentially...
Politics1 month ago

Economy is Sinking, Finance Minister is defending Defence Deals: Congress

New Delhi, Jan 3: The Congress on Thursday targetted the Narendra Modi government saying Union Finance Minister Arun Jaitley is more concerned about defending the Rafale...
India1 month ago

82% start-ups did not get Startup India benefits: Report

New Delhi, Jan 3: Around 82 per cent of start-ups in the country are yet to receive any benefit under the Centre’s Startup India initiative, a...
Business1 month ago

Sensex ends 378 points down over weak rupee, global cues

Mumbai, Jan 3: Weak factory data from China and India fuelling concerns of a slowdown in global growth and sustained weakness in the Indian currency pulled...
Business1 month ago

Sensex settles 343 points lower over growth slowdown concerns

Mumbai, Jan 2: The Indian equity market ended in the red on Wednesday in line with global indices on fears of a worldwide slowdown which was...
Analysis2 months ago

Elections, earnings, energy to chart equities course in 2019

Mumbai, Jan 2: The coming general elections, along with the ongoing US-China trade war and crude oil prices will determine the trajectory of Indian equities in...
Business2 months ago

GST collections slip to Rs 94,726 crore in December

New Delhi, Jan 1: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from...
Business2 months ago

Sensex surrenders 36,000 mark, down 120 pts

Mumbai, Jan 1: The Sensex slid below the 36,000 mark during the afternoon trade session on Tuesday, as it erased over 120 points from its previous...
Business2 months ago

Sensex, Nifty open flat; financials in red on New Year’s day

Mumbai, Jan 1: Key Indian equity indices opened flat on Tuesday , 1st Jannuary 2019, as index pivotals — finance and banking stocks — witnessed selling...
Business2 months ago

Base effect, refinery products decelerate November core factory output

New Delhi, Dec 31 : An unfavourable base effect and a contraction in refinery products, coal and cement production decelerated India’s eight major industries’ output in...
Business2 months ago

Sensex, Nifty end flat; rupee gains

Mumbai, Dec 31: The last session of 2018’s trade ended on a flat note with the Sensex declining 8 points and the Nifty adding just 2...
Business2 months ago

Global markets, strong rupee propels indices; Sensex up 269 pts

Mumbai, Dec 28 : Positive global markets coupled with a strengthened rupee and short-covering led the key equity indices to gain around 0.73 per cent on...
Business2 months ago

April-November fiscal deficit over 115% of target on revenue lag

Of the total expenditure in this period, Rs 14.22 lakh crore was on revenue account and Rs 1.91 lakh crore on capital account.
Business2 months ago

Sensex ends 157 points higher on global rebound

Mumbai, Dec 27: The Indian stock market ended higher on Thursday, tracking a US-led global market rebound. IT stocks gained 1.37 per cent and was accompanied...
Business2 months ago

Value buying buoy equity market; Sensex up 180 points

Mumbai, Dec 26: Value buying on the back of attractive valuations buoyed the major domestic equity indices on Wednesday, with the barometer BSE Sensex gaining 180 points....
Cities2 months ago

Businessman Dinanath Rai shot dead in Bihar

Patna, Dec 26: A businessman, identified as Dinanath Rai, was shot dead in Vaishali district of Bihar and another seriously injured in Araria Wednesday. The attack...
Analysis2 months ago

2019 and beyond: Focus on premiumisation, decentralisation

As 2018 ends and we head into 2019, it would be worthwhile to an investment horizon and identify important strategies that investors and entrepreneurs could explore...
Business2 months ago

Sensex ends 270 points lower on negative global cues

Mumbai, Dec 24: Taking cues from weak global markets major Indian equity indices on Monday ended lower for the third straight session following the partial shutdown...
Business2 months ago

GST may have single standard rate between 12-18%: Arun Jaitley

New Delhi, Dec 24: Finance Minister Arun Jaitley on Monday hinted that the country may eventually have a single standard rate of GST adding that the...
Analysis2 months ago

Global cues weigh heavy on equity indices; breaks winning streak – Market Review

The equity market had begun the week on a positive note led by a strong rupee backed by narrowing trade deficit and inflow of foreign funds.
Business2 months ago

GST Council Meeting: Six items removed from 28% slab rate

New Delhi, Dec 22: The Goods and Services Tax (GST) Council on Saturday held its 31st meeting at Vigyan Bhawan in the national capital. After the meeting,...
Business2 months ago

Global cues, rupee dent equity market; Sensex crashes nearly 700 pts

Mumbai, Dec 21 : Concerns over global economic growth and threat of a partial US government shutdown spooked international and local equity indices on Friday, with...
World2 months ago

Nissan’s former Chairman Ghosn re-arrested on new charges

Tokyo, Dec 21: Nissan Motor Co.’s former Chairman Carlos Ghosn was re-arrested on Friday on fresh charges that he shifted personal losses onto the company, dashing hopes...
Business2 months ago

Sensex ends lower over Fed rate hike

Mumbai, Dec 20: In line with weakness in global markets, the BSE Sensex and Nifty50 ended lower on Thursday after the US Federal Reserve raised its...
Business2 months ago

Supplementary Demands for Grants provide for Rs 41,000 crore for recap of PSBs

New Delhi, Dec 20: The government on Thursday presented in the Lok Sabha the second Supplementary Demands for Grants for 2018-19 for gross additional expenditure of Rs....
Business2 months ago

LinkedIn hires Mahesh Narayanan as Country Manager for India

New Delhi, Dec 20: Microsoft-owned professional networking platform LinkedIn on Thursday announced the appointment of Mahesh Narayanan as Country Manager for India. Narayanan will assume his...
Business2 months ago

Sensex gains for 7th day on the trot over lower crude prices

Mumbai, Dec 19: Sensex and Nifty continued their winning streak for the seventh consecutive day on Wednesday on the back of a declining crude oil prices...
Business2 months ago

Gender pay gap will take 202 years to close, says World Economic Forum

Davos, Dec 19: It could take 202 years for women to earn as much as men because the global pay gap is so vast and the...
Business2 months ago

Lower oil prices, strong rupee buoy equity indices

Mumbai, Dec 18: Lower crude prices and a strong rupee aided key the equity indices to trim their early losses to end Tuesday’s trade session in...
Blog2 months ago

GST on recycled construction waste products to be reduced to 5 per cent

New Delhi, Dec 18 (IANS) In a bid to promote reuse of debris generated by the construction industry, the government will soon reduce the Goods and...
Business2 months ago

China’s yuan rises to 6.8854 against US dollar

Beijing, Dec 18: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 54 basis points to 6.8854 against the US dollar Tuesday,...
Business2 months ago

Sensex, Nifty log 5th session of gains

Mumbai, Dec 17: Buyers dominated the domestic markets as major indices rose over 0.7 per cent, logging their fifth straight session of gains on Monday. The...
India2 months ago

Mergers will kill branches when the need is for branch expansion: AIBEA

Chennai, Dec 15: At a time when India is largely unbanked or underbanked with low density of banks, merger of banks will result in killing of branches...
Business2 months ago

Wall Street collapses, S&P 500 ends at lowest since April

New York, Dec 15: US stocks fell sharply on Friday as investors grew concerns over a possible slowdown of the global economy and a slew of...
Business2 months ago

Sensex ends flat on weak global cues, RBI board meet

Mumbai, Dec 14: The key Indian equity indices closed flat after trading in a narrow range on Friday tracking weakness in Asian and European markets over...
Business2 months ago

Lower food prices ease India’s WPI to 4.64% in November

New Delhi, Dec 14: Lower food and fuel prices eased India’s annual rate of inflation based on wholesale prices to 4.64 per cent in November from...
Business2 months ago

Sensex up 150 points; Nifty ends short of 10,800 mark

Mumbai, Dec 13: The key Indian equity indices traded higher on Thursday with the Sensex gaining over 150 points and Nifty50 ending just short of 10,800 points...
Business2 months ago

November retail inflation falls to 2.3%, October IIP up over 8%

Similarly, the output of consumer non-durables rose during October by 7.9 per cent, and that of consumer durables by 17.6 per cent.
Business2 months ago

Sensex jumps 629 points, Nifty settles above 10,700

Mumbai, Dec 12: Buying at lower levels and hopes of an easing monitory policy with the appointment of Shaktikanta Das as the new RBI Governor pushed...
Business2 months ago

New RBI Governor ‘Shaktikanta Das’ takes charge

Mumbai, Dec 12: Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of India. “Assumed charge as Governor, Reserve Bank of...
Business2 months ago

Sensex nosedives over 700 points, Nifty ends below 10,500 mark

Mumbai, Dec 10: The Indian equity market slumped around two per cent on Monday, with the S&P BSE Sensex shedding over 700 points, tracking a similar...
Business2 months ago

Ratan Tata conferred steel industry’s lifetime achievement award

Mumbai, Dec 10: Eminent industrialist Ratan N. Tata was conferred the Steel Users Federation of India (SUFI) Lifetime Achievement Award for his association and contribution to...
Analysis2 months ago

Election results, oil prices to direct equity indices movements – Market Outlook

Last week, the Indian equity indices dipped over concerns of a resurgence of US-China trade tensions and reports of crude oil supply cut.
Business2 months ago

Sensex ends 361 points up; Nifty settles short of 10,700

Mumbai, Dec 7: The key Indian equity indices surged around one per cent on Friday supported by a rise in banking stocks and easing crude oil...
Business2 months ago

HCL buys IBM Software Products for $1.8 billion

New Delhi, Dec 7: Indian software major HCL Technologies on Friday said it was acquiring IBM Software Products for $1.8 billion (Rs 12,700 crore) in an...
Business2 months ago

Sensex tanks 572 points over oil output cut fears, weak rupee

Mumbai, Dec 6: Fears over possible crude oil production cut by the OPEC group as well as broadly negative Asians stock markets pulled the barometer S&P BSE...
Business2 months ago

Zomato acquires TechEagle to deliver food via drones

New Delhi, Dec 5: Aiming to deliver food via drones in India, online ordering app Zomato on Wednesday announced it has acquired a Lucknow-based TechEagle Innovations that...
Business2 months ago

Equity indices end lower as RBI’s policy fails to cheer investors

Mumbai, Dec 5: Broadly negative global cues as well as disappointment over the Reserve Bank’s monetary policy announcement dragged the key Indian equity indices to end...
Blog2 months ago

Real estate innovation: The next phase of growth

Real estate strategies will have to go on to add value through a broad array of services through partnerships and astute asset selection. For example, warehouse...
India2 months ago

Vijay Mallya offers to repay 100% bank money

New Delhi, Dec 5: Fugitive liquor baron Vijay Mallya, wanted in a Rs 9,000 crore bank loan default case, on Wednesday offered to pay back “100 per...
Business2 months ago

Sensex ends 6-day gaining streak, sheds 107 points

Mumbai, Dec 4: The benchmark S&P BSE Sensex snapped its six-day-long gaining streak, closing 107 points lower on Tuesday as investors turned cautious ahead of major...
Business2 months ago

Sensex, Nifty end flat over weak rupee, macro data

Mumbai, Dec 3: The key equity indices managed to register their sixth straight session of gain on Monday as the S&P BSE Sensex and Nifty50 closed marginally...
Business3 months ago

Bankers to go on strike on Dec 26

Chennai, Dec 1: The United Forum of Bank Union (UFBU) – a consortium of nine unions in the banking sector – will strike work on December...
Business3 months ago

Lenovo dominated India’s tablet market in Q3 2018

New Delhi, Dec 1: Lenovo led as India’s tablet market grew six per cent in the third quarter of 2018, a new report by CyberMedia Research...
Business3 months ago

India’s Q2 GDP growth drops to 7.1%

New Delhi, Nov 30 : The pace of India’s GDP (gross domestic product) growth slowed during the second quarter of 2018-19 to 7.1 per cent from...
Business3 months ago

Sensex, Nifty settle on flat to positive note

Mumbai, Nov 30: The key equity indices settled on a flat-to-positive note on Friday amid concerns falling crude oil prices and a healthy inflow of foreign...
Business3 months ago

Sensex jumps 450 points, rupee gains 74 paise

Mumbai, Nov 29: India’s key equity indices jumped on Thursday, their fourth straight session of gains, amid expectations the US Federal Reserve would slow its pace...
India3 months ago

True growth in Jumlas, manipulation in data under Modi government: Kapil Sibal

New Delhi, Nov 29 : Senior Congress leader Kapil Sibal made a satirical comment on the Narendra Modi-led National Democratic Alliance government for resorting to malicious and fraudulent...
Business3 months ago

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Equity indices erase gains ahead of key data release; crude prices rebound

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Sensex down 100 points, rupee gains 30 paise

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Privacy is human right, says Satya Nadella

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India ranks at 77 in World Bank’s ‘Ease of doing business’ index

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Sensex jumps 550 points, Nifty above 10,300

Mumbai, Oct 31: Riding on firm global cues, the domestic markets ended higher on Wednesday, as the key equity indices — S&P BSE Sensex and Nifty50...
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A library run by industrial workers means world of change for children

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Sensex sheds 382 point over profit booking, crude oil prices

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Business4 months ago

LinkedIn partners with Oracle to help HR teams attract right talent

New Delhi, Oct 17: Cloud major Oracle on Wednesday said it entered into a partnership with professional networking platform LinkedIn to help HR teams attract, engage...
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India’s September wholesale inflation rises to 5.13%

New Delhi, Oct 15: India’s annual rate of inflation based on wholesale prices increased to 5.13 per cent in September from August’s 4.53 per cent, official...
Business4 months ago

Rupee slumps 36 paise to 73.93 against US dollar

Mumbai, Oct 15: The Indian rupee dropped 36 paise to 73.93 against the US Dollar in early trade on Monday, breaking its three-day recovery trend, as...
Auto4 months ago

Base effect, fuel prices dent September passenger vehicles’ sales

The off-take of the sub-segment such as passenger cars dipped by 5.57 per cent during the month under review to 197,124 units.
Business4 months ago

Key equity indices rebound; Sensex ends 730 points up

Mumbai, Oct 12: Key equity indices gained over two per cent to close above 34,700-mark on Friday, rebounding from the losses made after widespread global sell-off...
India4 months ago

INX case: ED attaches Rs 54 cr of Karti Chidambaram’s properties in India and abroad

New Delhi, Oct 11: The Enforcement Directorate on Thursday said that it has attached properties worth Rs 54 crore of former Union Finance Minister P. Chidambaram’s...
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Global slide, rupee dent domestic indices; Sensex down by over 800 points

Mumbai, Oct 11: A massive slide in global stock markets, along with a weak rupee plunged the key domestic equity indices during the morning trade session...
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Mumbai, Oct 11: The Indian rupee slipped to a fresh record low of 74.46 to a US dollar during the morning session on Thursday. It opened...
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New Delhi, Oct 10: China and India need to deepen their cooperation to fight trade protectionism, the Chinese Embassy here said on Wednesday, as it accused the...
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Mumbai, Oct 9: India’s key equity indices reversed the day’s gains to end lower, as the domestic currency touched a new low against the US dollar....
Business4 months ago

Rupee slips to new low, touches 74.27 to USD

Mumbai, Oct 9: The Indian rupee slipped to a new low of 74.27 to a US dollar during the mid-afternoon session on Tuesday. Around 1.25 p.m.,...
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Value buying, Q2 expectations buoy equity indices; Sensex up 100 points

Mumbai, Oct 8: Mumbai, Oct 8: The key equity indices closed in the green on Monday on the back of value buying after last week’s heavy declines...
Business4 months ago

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New Delhi, Oct 7 : Petrol and diesel prices witnessed an increase across the four metro cities on Sunday, two days after the government announced an...
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Market Review: Oil, rupee unleash bears, mow down equities

Mumbai, Oct 6: A free-fall in rupee value coupled with high crude oil prices, along with a massive outflow of foreign funds, dragged the key domestic...
Business4 months ago

Indices plunge post RBI policy decision; Sensex down nearly 800 points

Mumbai, Oct 5: The key Indian equity indices crashed by over two per cent on Friday as the Reserve Bank of India (RBI)’s changed policy stance from...
Business4 months ago

SC: ArcelorMittal, NuMetal can bid for Essar Steel after clearing debt

We give one more opportunity to ... (NuMetal and ArcelorMittal ) ... to pay off the NPAs of their related corporate debtors within a period of...
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Assessing IL&FS financial situation, searching viable solutions: Kotak

"This is a process which is under NCLT process, which is a process independent of...at this stage, in terms of having more detailed discussion with the...
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New Delhi, Oct 4: The Supreme Court on Thursday gave two weeks time to NuMetal and ArcelorMittal to clear their corporate dues and become eligible to bid...
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Apple world’s top brand, Facebook slips to 9th spot: Report

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Business5 months ago

Sensex ends 550 points down on weak rupee, RBI rate hike fears

Mumbai, Oct 3: Amidst a weak rupee and a likely hike in interest rates by the Reserve Bank of India (RBI), the key Indian equity indices closed...
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Facebook appoints Adam Mosseri as Instagram Head

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Paytm tops UPI payments with over 33% market share

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IGL hikes CNG, PNG prices; small rise in subsidised LPG

State-run oil marketer, Indian Oil Corporation (IOC), on Sunday also announced a marginal increase of Rs 2.89 per cylinder in the price of subsidised LPG cylinder...
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Google may pay $9 bn to remain Apple’s default search engine

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Mumbai, Sep 28: The key Indian equity indices closed in the red for the third consecutive session on Friday as the S&P BSE Sensex dropping nearly...
Business5 months ago

IL&FS Financial Service defaults on payment obligations

Mumbai, Sep 28 (IANS) IL&FS Financial Service (IFIN) has defaulted in payment obligations of bank loans (including interest), term and short-term deposits. According to a BSE...
Business5 months ago

Sensex sheds 218 points, Nifty below 11,000-mark

Mumbai, Sep 27: Key equity indices slipped into the red for the second consecutive session on Thursday as the S&P BSE Sensex closed 218 points down...
Analysis5 months ago

GST has hit the private security industry badly

The industry cannot sustain heavy losses for long and expects positive action from the government -- replacing the existing 18 per cent GST with a five...
Fashion5 months ago

Michael Kors set to acquire Versace for $2.1 billion

London, Sep 26: Popular Fashion designer Michael Kors is all set to acquire the Italian fashion house ‘Versace’ for $2.1 billion. Kors dubbed the purchase as a...
Business5 months ago

SBI to sell 4% stake in SBI General Insurance, post regulatory approvals

Mumbai, Sep 26: Lending major State Bank of India (SBI) will divest four per cent stake in SBI General Insurance company for Rs 481.73 crore post...
Analysis5 months ago

Learning from diversity in regulation

Regulation has an unfortunate, negative connotation to it. It brings to mind an authoritarian image with regards to the government. That is definitely not how it...
Business5 months ago

Sensex slips 160 points after opening in the green

Mumbai, Sep 26: The key Indian equity indices traded on a negative note during the afternoon session on Wednesday after they opened on a positive note, with...
Business5 months ago

Rupee extends losses, nears 73 against Dollar

New Delhi, Sep 25: The Indian rupee slipped in the early trade on Tuesday. It weakened by 33 paise to 72.82 against the US dollar. Indian Rupee...
Business5 months ago

Key equity indices open in red

Mumbai, Sep 25: The key Indian equity indices opened on a negative note on Tuesday, owing to a weak rupee and rising crude oil prices. At...
Business5 months ago

Dena Bank board okays merger with Bank of Baroda, Vijaya Bank

Mumbai, Sep 24 : The Dena Bank board on Monday approved the merger proposal with Bank of Baroda and Vijaya Bank proposed by the government last...
Business5 months ago

Sensex ends 536 points lower, Nifty below 11,000-mark

Mumbai, Sep 24: Slump in the financial stocks along with a weak rupee and high crude oil prices dragged the S&P BSE Sensex down 536 points on...
Business5 months ago

Sensex swings 1,500 points, closes 280 points lower

Mumbai, Sep 21: High volatility, following a likely credit crisis in the infrastructure lending and development sector, dragged the market in the red, with the S&P...
Business5 months ago

Man finds insect in cake at Ikea Hyderabad store, Tweets video

Hyderabad, Sep 21: Swedish furniture major IKEA’s first ever store in India in Hyderabad has again landed in controversy. Weeks after a customer had complained about finding a...
Business5 months ago

This Alibaba robot will serve in China’s hotels soon

Hangzhou (China), Sep 20: China’s e-tail giant Alibaba on Thursday unveiled a robot that will serve guests in the country’s hotels soon. Smart logistics by Alibaba…...
Business5 months ago

Weak global cues subdue equity indices; banking stocks down

Mumbai, Sep 19: Weak global cues on the back of escalation in trade tensions subdued equity indices during the afternoon trade session on Wednesday. Although, the...
Business5 months ago

Equity indices end in red for second straight session

Mumbai, Sep 18: The key Indian equity indices provisionally closed in the negative territory for the second successive day on Tuesday, with the S&P BSE Sensex...
Business5 months ago

Global trade tensions dent rupee; closes at 72.98

New Delhi, Sep 18: The latest global trade protectionist measures, along with high crude oil prices, dragged the Indian rupee to a fresh low of 72.98...
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Merger of BoB, Vijaya, Dena banks in 4-6 months: BoB MD

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Business5 months ago

Sensex plunge over 500 points on weak global cues

Mumbai, Sep 17: The key Indian equity indices provisionally closed deep in the red on Monday, as the S&P BSE Sensex lost more than 500 points...
Business5 months ago

Traders’ body launches ‘Rath Yatra’ against Walmart-Flipkart deal

The protest movement named "Sampoorn Kranti Rath Yatra" started at Red Fort here. It will cover various parts of the country and culminate at the national...
Business5 months ago

Government moves to rein in current account deficit, rupee fall

New Delhi, Sep 14 ; To stop further depreciation of rupee and widening of current account deficit (CAD), the government on Friday took five measures and...
Business5 months ago

India’s forex reserves down $819.5 mn

Besides the US dollar, FCAs consist of nearly 20-30 per cent of major global currencies.
Business5 months ago

Sensex rises over 350 points, oil and gas stocks gain

Mumbai, Sep 14: A recovery in the Indian rupee’s value along with broadly positive global cues and a slower rise in wholesale price inflation for August pushed...
Auto5 months ago

Mahindra commits to become carbon neutral company by 2040

San Francisco, Sep 14: Mahindra & Mahindra, India’s leading manufacturer of utility vehicles and part of the $20.7 billion Mahindra Group, on Thursday announced its commitment...
Tech5 months ago

Smartphone generation big growth opportunity for us: Canon

Tokyo, Sep 13: More and more people, especially the millennials, are clicking photos via smartphones and for the Japanese camera giant Canon, this has created a huge...
Business5 months ago

Rupee recovery, value buying buoy equity indices

Mumbai, Sep 12: A recovery in the rupee value along with value buying buoyed the key Indian equity indices on Wednesday. The key equity indices —...
Business5 months ago

Rupee inches closer to 73, hits 72.91 against US Dollar

Mumbai, Sep 12: Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning. The rupee has been on a...
Business5 months ago

Reliance Capital posts Rs 272 crore profit in Q1

Mumbai, Sep 11 : Reliance Capital Ltd, a part of the Reliance group, on Tuesday said it closed the first quarter with a net profit of...
Business5 months ago

Sensex plunges 500 points; Nifty loses 150 points

Mumbai, Sep 11: The key Indian equity indices continued their steep fall for the second consecutive session on Tuesday with the benchmark Sensex losing 509 points...
Business5 months ago

Inflationary risks depress rupee; touches new low of 72.74

Mumbai, Sep 11: Inflationary risks along with broadly negative global cues depressed the Indian rupee to a new low of 72.74 to the US dollar during...
Business5 months ago

Samsung opens world’s ‘largest’ mobile experience centre in Bengaluru

New Delhi, Sep 11: Looking to further cement its position in India, South Korean tech major Samsung on Tuesday set up what is arguably the world’s...
India5 months ago

Online hiring activity declines in August

New Delhi, Sep 10: Online hiring activity in India saw a decline of five percent on a year-on-year (YoY) basis in August 2018, according to the Monster.com...
Business5 months ago

Sensex plunges 467 points on weak rupee; Nifty loses 151 points

Mumbai, Sep 10: The key Indian equity indices ended deep in the red on Monday with the benchmark Sensex losing 467 points and the Nifty50 down...

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