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All posts tagged "Business"

Business1 day ago

Market Review: Higher industrial output, Kim-Trump meet lift equity indices

Mumbai, June 16: Healthy industrial production data and an encouraging geo-political scenario aided the key Indian equity indices to rise for the fourth consecutive week. The gains...
Business2 days ago

Despite overflowing godowns, Modi Govt allows pulses import

New Delhi, June 16: Despite overflowing godowns, the central government has allotted quotas for import of pulses and is enforcing an additional import agreement with Mozambique....
Business2 days ago

Global cues, fund outflows depress investors; equity indices end flat

Mumbai, June 15: Broadly negative global cues on trade and monetary policy issues along with the continuous outflow of foreign funds and a weak rupee led the...
Business4 days ago

May wholesale inflation in India doubles year-on-year to 4.43%

New Delhi, June 14: A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 per cent,...
Business4 days ago

Key Indian equity market indices open flat

Mumbai, June 14: The key Indian equity market indices on Thursday opened flat after the Federal Reserve raised interest rates. The Sensitive Index (Sensex) of the BSE,...
Business4 days ago

Equity indices cede major gains to end flat

Mumbai, June 13: Broadly negative global markets ahead of US Federal Reserve’s rate-setting meet led the key domestic equity indices to provisionally close on a flat-to-positive note...
Business4 days ago

Cabinet nod for Rs 24,000 cr FDI in HDFC Bank

New Delhi, June 13: The Cabinet on Wednesday approved Rs 24,000 crore foreign direct investment (FDI) into HDFC Bank, Finance Minister Piyush Goyal said here. “Even...
Business5 days ago

India’s retail inflation in May inches up close to 5% mark

New Delhi, June 12: The combined push of food and fuel prices continued to drive up retail inflation in India in May towards the 5 per cent...
Business5 days ago

Global cues, hopes of healthy macro data lift equity indices

Mumbai, June 12: Global cues and expectations of a healthy macro-economic industrial production data aided the key Indian equity indices to close Tuesday’s trade session on a...
Business5 days ago

India’s April industrial production output up 5%

New Delhi, June 12: India’s industrial output rose by 4.9 per cent in April 2018 from a rise of 4.57 per cent in March, official data...
India5 days ago

RBI needs more powers to oversee PSBs: Urjit Patel to Parliamentary panel

New Delhi, June 12: The Reserve Bank of India (RBI) needs more powers to oversee public sector banks (PSBs), Governor Urjit Patel told a parliamentary panel...
Business6 days ago

Railways consultant RITES seeks $550 mn valuation in IPO

State-owned railways consultant RITES Ltd is seeking Rs 3,700 crore ($550 million) valuation in its initial public offering (IPO) next week from June 20-22. RITES, which...
Business6 days ago

Apple bans cryptocurrency mining on iPhones, iPads

San Francisco, June 12: After Facebook and Google, Apple has now targeted cryptocurrency, banning its mining on iPhones and iPads. According to a report in The Verge...
Business6 days ago

Bitcoin Scam: No evidence found against Raj Kundra

Mumbai, June 12: No concrete evidence has been found against Businessman and actor Shilpa Shetty’s husband Raj Kundra in Crypto Currency fraud case; reported news agency...
Business7 days ago

Allahabad Bank focuses on recovery, refers 65 NPA accounts to IBC

Kolkata, June 11: State-run Allahabad Bank, which referred 65 stressed accounts involving around Rs 12,566 crore to the NCLT for IBC resolution during last fiscal, is focusing...
Business7 days ago

Key Indian equity indices open higher

Mumbai, June 11: The key Indian equity indices on Monday opened on a higher note. The 30-scrip Sensitive Index (Sensex), was trading 61.94 points or 0.17 per...
Business1 week ago

Market Review: RBI rate hike boosts key Indian equity indices

Mumbai, June 9: The Reserve Bank of India’s (RBI) decision to hike the repo rate by 25 basis points boosted the investor sentiments, which in turn...
Business1 week ago

Profit booking, global markets subdue domestic equity indices

Mumbai, June 8: Profit booking, along with broadly negative global markets and a weak rupee, subdued the key domestic equity indices during a volatile trade session...
Business1 week ago

Global cues lift equity indices; banking stocks soar

Mumbai, June 7: Positive global cues and healthy buying support for banking, capital goods and metal stocks lifted the key indices of the Indian equity market on...
Business2 weeks ago

RBI rate hike to make home, auto loans costlier

New Delhi, June 6: Housing and auto loans are set to become costlier with India’s central bank raising its key interest rate for the first time since...
Business2 weeks ago

RBI’s ‘neutral’ stance boosts equity indices

Mumbai, June 6: The key indices of the Indian equity market made healthy gains on Wednesday as investors’ risk-taking appetite was enhanced after the Reserve Bank of...
Business2 weeks ago

ED summoned me as witness in bitcoin scam probe: Raj Kundra

Mumbai, June 6: Mumbai businessman Raj Kundra on Wednesday claimed that he had gone to the Enforcement Directorate (ED) as a witness for the ongoing investigations in...
Business2 weeks ago

RBI hikes repo rate by 25 basis points; house, auto loans to get costlier

Mumbai, June 6: Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI) on Wednesday raising its key interest rate for...
World2 weeks ago

World Bank maintains global growth forecasts, warns of considerable downside risks

Washington, June 6: The World Bank has kept its growth forecasts for the global economy unchanged for this year and next year, but warned of a combination...
Business2 weeks ago

Caution over RBI’s policy review subdues equity indices

Mumbai, June 5: Broadly negative global cues along with caution ahead of the RBI’s monetary policy review depressed the key Indian equity indices on Tuesday. According to...
Business2 weeks ago

Weak demand in May contract India’s service sector output: PMI

Mumbai, June 5: Weak demand along with a rise in inflationary pressures pulled the output of the Indian service sector lower during May, macro-economic data showed on...
Business2 weeks ago

Bitcoin scam: ED summons Shilpa Shetty’s husband Raj Kundra

New Delhi, June 5: Businessman and actor Shilpa Shetty’s husband Raj Kundra has been summoned by the Enforcement Directorate (ED) in connection with Bitcoin scam. Kundra’s name...
Business2 weeks ago

Government should divest 100% stake in Air India: CAPA India

Last Thursday, the Civil Aviation Ministry said that "no response" was received till 5 p.m. on May 31 which was the extended submission deadline for the...
Business2 weeks ago

Govt likely to merge Bank of Baroda, IDBI Bank and two other lenders

New Delhi, June 4: In a bid to rein in bad loans, the government is planning to merge at least four state-run banks, including Bank of...
Business2 weeks ago

Equity markets give up early gains, trade lower during afternoon session

Mumbai, June 4: Erasing its morning gains, the key Indian equity indices on Monday afternoon was trading lower. The 30-scrip Sensitive Index (Sensex) was trading 103.59 points...
Business2 weeks ago

Profit booking pulls equity indices lower, banking stocks down

Mumbai, June 1: Profit booking by investors along with fears of a resurgent US-China trade war pulled the key Indian equity indices lower on Friday afternoon. According...
Business2 weeks ago

ED attaches Sterling Biotech’s Rs 4,700cr assets

New Delhi, June 1: The Enforcement Directorate on Friday said it has attached properties worth Rs 4,700 crore in a Rs 5,000-crore bank fraud case involving...
Business3 weeks ago

Key equity indices open in green

Mumbai, May 31: The key Indian equity indices opened on a positive note on Thursday. At 9.19 a.m., the wider Nifty50 of the National Stock Exchange...
Business3 weeks ago

Moody’s cuts India’s GDP forecast to 7.3% from 7.5%

New Delhi, May 30: Moody’s Investors Service report on Wednesday has cut India’s GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5...
Business3 weeks ago

Markets open in red on Wednesday

Mumbai, May 30: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE...
Business3 weeks ago

Rupee weakens further, down 31 paise against dollar

"Continued foreign capital outflows and month-end dollar demand weighed on rupee sentiment," a dealer said.
Business3 weeks ago

Global cues, profit booking subdue equity indices

Mumbai, May 29: Broadly negative Asian markets, along with profit booking subdued the Indian equity indices during the morning trade session on Tuesday. According to market...
India3 weeks ago

Fuel prices continues to hike for 13th straight day

New Delhi, May 25: Fuel prices continued to increase for the 13th straight day on Saturday causing inconvenience to the public. According to Indian Oil Corporation...
Business3 weeks ago

Market Review: Amid volatility equity indices end week with marginal gains

Mumbai, May 26: The key Indian equity indices settled with marginal gains in the week ended Friday after largely volatile trade throughout the week. Value buying, a...
Business3 weeks ago

Videocon Case: SEBI issues notice to ICICI Bank, CEO Chanda Kochhar

Mumbai, May 25: Private lender ICICI Bank on Friday said that Securities and Exchange Board of India (SEBI) has sought responses from the company and its MD...
Business3 weeks ago

Equity indices rise as oil prices fall

Mumbai, May 25: A fall in global crude oil prices and value buying lifted the key Indian equity indices on Friday. As per the exchanges’ data, robust...
Business3 weeks ago

Value buying lifts equity indices; banking, IT stocks surge

Mumbai, May 24: Value buying lifted the key equity indices on Thursday, after they slumped around one per cent in the previous session. According to market...
India4 weeks ago

Petrol price sets new high; Rs 77.47 in New Delhi, Rs 85.29 in Mumbai

New Delhi, May 24: Petrol and diesel prices on Thursday increased in the range of 19-31 paise per litre across Delhi, Kolkata, Mumbai and Chennai, marking hike...
Business4 weeks ago

Fund outflows, rupee depreciation dent equity indices

Mumbai, May 23: Persistent outflow of foreign funds along with weak global cues and a depreciation in the rupee plunged the key Indian equity indices on...
Business4 weeks ago

Equity indices close marginally higher; auto, metal stocks gain

Mumbai, May 22: The key Indian equity indices provisionally closed in the green on Tuesday, although with marginal gains on the back of value buying by...
India4 weeks ago

Petroleum products should come under GST: IOCL Chairman

New Delhi, May 22: Indian Oil Corporation Limited (IOCL) Chairman Sanjiv Singh on Tuesday stressed on bringing petroleum products under the Goods and Services Tax (GST) to...
Tech4 weeks ago

OnePlus 6 beats its 5T’s one-day sales record in 10 minutes

New Delhi, May 22: Smartphone maker OnePlus on Tuesday said it made a record sale of its newly-launched OnePlus 6 worth Rs 100 crore within first...
Business4 weeks ago

India’s Ola in 3 more Australian cities

New Delhi, May 22: Indian ride-sharing major Ola on Tuesday expanded its services in Australia to three more cities — Brisbane, Gold Coast and Canberra. To...
India4 weeks ago

Petrol prices sets new record, crosses Rs 80 mark

New Delhi, May 22: As fuel prices continued to surge, the State-run oil marketers on Tuesday increased petrol and diesel costs for the straight ninth day, adding to...
Business4 weeks ago

Karnataka politics, oil prices depress equity market

Mumbai, May 21: Formation of a non-BJP government in Karnataka, along with weakness in global indices and rising crude oil prices, pulled the key Indian equity indices...
Business4 weeks ago

Petrol, diesel prices hit all time high; rates hiked for 8th day in row

New Delhi, May 21: Petrol and diesel prices on Monday were increased in the range of 33-34 paise per litre and 25-27 paise per litre across...
Politics4 weeks ago

Market Review: Karnataka politics, oil prices plunge equity indices

Mumbai, May 19: The political stand-off in Karnataka, along with the persistent rise in global crude oil prices and a large outflow of foreign funds, pulled the...
Business1 month ago

Karnataka’s political crisis, oil prices plunge equities

Mumbai, May 18: The uncertain political environment in Karnataka along with high global crude oil prices pulled the key Indian equity indices deep in the red on...
Business1 month ago

Rise in oil prices drag equity indices lower

Mumbai, May 17: The Indian equity markets ceded their initial gains to close Thursday’s trade session in the red as negative global cues like rise in crude...
Business1 month ago

L&T Construction bags orders worth Rs 2,440 cr

Mumbai, May 17: Industrial conglomerate Larsen and Toubro (L&T) on Thursday said its construction arm has bagged orders worth Rs 2,440 crore for power transmission and distribution...
Business1 month ago

Markets open in red

Mumbai, May 16: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE...
Business1 month ago

Karnataka poll results depress equity indices, auto stocks slump

Mumbai, May 15: Uncertainty over government formation in Karnataka depressed the key Indian equity indices on Tuesday. According to analysts, panic selling was witnessed in the later...
Business1 month ago

Caution ahead of Karnataka poll results, inflation keep equities flat

Mumbai, May 14: Caution ahead of the Karnataka assembly election results and a rise in the April wholesale inflation rate subdued the key Indian equity indices...
Business1 month ago

India’s retail inflation rises to 4.58% in April

New Delhi, May 14: India’s retail inflation rose to 4.58 per cent in April from a rise of 4.28 per cent in March and 2.99 per cent...
Business1 month ago

Petrol 4-year high in Delhi, opposition slams it as ‘poll-politics’

New Delhi, May 14: With the resumption of dynamic pricing system for transport fuels on Monday by the Indian Oil Corporation (IOC), petrol prices in the...
Business1 month ago

Xiaomi tops smartphone market, Jio leads 4G handset segment in India: IDC

New Delhi, May 14: While the smartphone market in India saw a healthy shipment of 30 million units in the first quarter of 2018, Xiaomi maintained its...
Business1 month ago

Manufacturing sector decelerates India’s March industrial output

Besides, the data showed that the sequential slowdown in factory output was mainly on account of lower production in the manufacturing sector.
Business1 month ago

Global cues, banking, metal stocks lift Indian equity indices

Mumbai, May 11: Firm global markets along with healthy buying in banking, metal and capital goods stocks lifted the key Indian equity indices on Friday. According to...
Business1 month ago

Caution ahead of Karnataka polls, global cues depress Indian equities

Mumbai, May 10: Caution ahead of the Karnataka assembly elections along with subdued global factors including high crude oil prices and geo-political tensions in the Middle East...
Business1 month ago

Equity indices close flat; consumer durables, IT stocks rise

Mumbai, May 9: After a largely volatile session, the key Indian equity indices provisionally ended Wednesday’s trade on a flat-to-positive note supported by healthy buying in consumer...
Business1 month ago

Walmart buys 77% stake in Flipkart for $16 bn

Bengaluru, May 9: The world’s largest retailer, Walmart Inc, on Wednesday announced it was buying 77 per cent equity stake in India’s e-tail major Flipkart for $16...
Business1 month ago

Global cues subdue equity indices; consumer durables stocks fall

Mumbai, May 8: In a volatile session, the key domestic equity indices ceded their initial gains to end Tuesday’s trade on a flat-to-positive note as weak global...
Business1 month ago

Equity indices end higher on global cues

Mumbai, May 7: Broadly positive Asian indices along with expectations of healthy quarterly earning results lifted the key Indian equity indices on Monday. According to market observers,...
Business1 month ago

Mukesh Ambani’s daughter Isha to wed Piramal Group scion Anand

Mumbai, May 7: Business tycoon and Reliance Industries Chairman Mukesh Ambani and Nita Ambani’s daughter Isha will tie the knot with Anand Piramal, son of corporate...
Business1 month ago

New method of filing GST returns in 6 months, panel to examine sugar cess

New Delhi, May 4: The GST Council on Friday decided to roll out in six months a new method of filing monthly returns and to take over...
Business1 month ago

Telecom sector’s gross revenue dropped 8.5% in 2017

New Delhi, May 4: The gross revenue of the telecom service sector declined from Rs 279,591 crore in 2016 to Rs 255,655 crore in 2017 with a...
Business1 month ago

Markets open in red on global cues

Mumbai, May 4: The key Indian equity indices opened on a negative note on Friday tracking weakness in the benchmark Asian markets. At 9.40 a.m., the wider...
Business2 months ago

Digital advertising market to grow 30% in 2018 : Report

New Delhi, May 3 (IANS) The digital advertising market in India is likely to grow 30 per cent on a year-on-year basis to 12,046 crore in...
Business2 months ago

India’s gold demand dropped 12% in January-March quarter: World Gold Council

Mumbai, May 3 (IANS) Demand for gold in India for January-March quarter (first quarter) of 2018 was down by 12 per cent at 115.6 tonne compared...
Business2 months ago

India slips 3 spots to 11th spot in AT Kearney FDI Confidence Index

New Delhi, May 3: India has slipped by three spots to move out of the top 10 in the FDI Confidence Index 2018 of global consultancy...
Business2 months ago

Markets open on higher note

Mumbai, May 3: The key Indian equity market indices on Thursday opened higher despite weakness in Asian stocks. The Sensitive Index (Sensex) of the BSE, which had...
Business2 months ago

Equity indices end flat tracking weak global cues

Mumbai, May 2: The key Indian equity indices on Wednesday provisionally closed on a flat note with a negative bias following weakness in the global markets. Heavy...
India2 months ago

Govt not considering cutting excise duty on petrol, diesel: Subhash Chandra Garg

New Delhi, May 1: As Petrol and Diesel prices have reached a 4-year high, still the Narendra Modi led central government is not considering to cut...
Business2 months ago

Markets end higher on firm global cues, capital goods, IT stocks

Mumbai, April 30: The key Indian equity indices on Friday ended on a positive note, tracking gains in the global markets along with healthy buying in the...
Business2 months ago

Income Tax Department sends second notice to Deepak Kochhar

New Delhi, April 30: The Income Tax Department has sent a second notice to Deepak Kochhar, husband of ICICI Bank Chief Executive Chanda Kochhar, who is facing...
Business2 months ago

Raghubar Das lays foundation stone for 151 companies

Ranchi, April 27 (IANS) Jharkhand Chief Minister Raghubar Das on Friday laid a foundation stone for 151 companies at the fourth groundbreaking ceremony of “Momentum Jharkhand”...
Business2 months ago

Firm global cues, banking stocks lift equity indices

Mumbai, April 27: Firm global cues along with robust buying in banking stocks on the back of healthy quarterly earnings lifted the key Indian equity indices on...
Business2 months ago

Fitch affirms India forex rating at BBB-, outlook stable

New Delhi, April 27: Credit rating agency Fitch on Friday has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a stable outlook. “India’s rating...
Business2 months ago

Equity indices close in red on weak global cues

Mumbai, April 25: The key Indian equity indices on Wednesday provisionally closed in the negative territory following weak global cues, along with heavy selling pressure in the...
Business2 months ago

Equity indices close higher, RIL top gainer

Mumbai, April 24: Healthy buying in oil and gas, banking and auto stocks, coupled with broadly positive global cues, lifted the key Indian equity indices on Tuesday....
Business2 months ago

Xiaomi, Jio top India market

New Delhi, April 24: Xiaomi continued to lead the Indian smartphone market with 31.1 percent market share while Reliance Jio topped the feature phone market with a...
Business2 months ago

Key equity indices provisionally end in green

Mumbai, April 23: The key Indian equity indices provisionally closed in the green on Monday on the back of healthy buying in consumer durables, healthcare and IT...
Business2 months ago

Centre congratulates Bengal for becoming revenue surplus

Kolkata, April 22 (IANS) The Central government has congratulated the West Bengal government as the state has become revenue surplus in March, officials said. In a...
Business2 months ago

Equities surged on IMD’s monsoon forecast, healthy IT earnings

Mumbai, April 21: Forecast of normal monsoon rains, along with healthy earnings in the IT sector, lifted the Indian equity markets during the week ended Friday....
Business2 months ago

PNB claims expected recovery of Rs 1,800 cr from “Mission Gandhigiri”

New Delhi, April 20 (IANS) State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism —...
Business2 months ago

Key Indian equity indices open flat

Mumbai, April 20: The key Indian equity indices opened on a flat note on Friday. At 9.17 a.m., the wider Nifty50 of the National Stock Exchange (NSE)...
Business2 months ago

Key equity markets rise on Asian cues, supportive metal, IT stocks

Mumbai, April 19: The key Indian equity markets traded in the positive territory on Thursday afternoon tracking strong cues from the Asian markets. Heavy buying in the...
India2 months ago

Cash crunch due to less income velocity, more withdrawals: SBI Report

Mumbai, April 19: Terming recent reports of cash crunch across the country as “logic-defying”, the State Bank of India (SBI) on Wednesday said the possible reasons could...
Business2 months ago

CBI arrests 3 company directors in Rs 2,654 cr bank fraud case

New Delhi/Ahmedabad, April 18: The CBI has arrested three promoter-directors of a Vadodara-based company in connection with its ongoing investigation into a case of Rs 2,654.40 crore...
Business2 months ago

Retail gold sales down on Akshaya Tritiya

Mumbai, April 18: Retail gold sales are noticeably down on the auspicious Akshaya Tritiya this year owing to several factors, said a leading jewellers association chief. Mumbai...
Business2 months ago

Markets open on higher note

Mumbai, April 18: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE...
Business2 months ago

Key equity indices end in green on European cues

Mumbai, April 17: After largely volatile trading throughout the day, the key Indian equity indices on Tuesday provisionally closed in the green tracking gains in the European...
Business2 months ago

Key equity indices rise on easing inflation

Mumbai, April 16: After largely bearish trade during the day, the key Indian equity markets closed higher for the eight straight session on Monday as the wholesale...
Business2 months ago

Deflating food prices softens India’s WPI inflation

New Delhi, April 16: Deflating food prices softened India’s wholesale price-indexed (WPI) inflation to 2.47 per cent in March from 2.48 per cent reported for the previous...
Business2 months ago

Equities extend gains on healthy macro-data, global cues

Mumbai, April 14: Key Indian equity indices — the BSE Sensex and NSE Nifty50 — extended their gains for the third consecutive week as healthy macro-economic data,...
Business2 months ago

Key Indian equity indices provisionally close in the green

Mumbai, April 13: The key Indian equity indices on Friday provisionally closed marginally higher tracking gains in the global markets, along with healthy buying in metal,...
Startups News2 months ago

Debt funding: Addressing mismatch in expectations between yourself and lenders

New Delhi, April 13: Scaling up a business is hard work. While launching a start-up and raising initial seed capital is tough, things get more complex once...
Business2 months ago

Equities close higher on supportive IT, Teck stocks

Mumbai, April 12: The key Indian equity indices provisionally closed in the green on Thursday supported by healthy buying in IT, Teck (technology, media and entertainment) and...
Business2 months ago

CII pegs India’s GDP growth at 7.3-7.7% for 2018-19

New Delhi, April 12 (IANS) The Confederation of Indian Industry (CII) on Thursday said it expects India’s gross domestic product (GDP) to grow at 7.3-7.7 per...
Business2 months ago

Key equity markets provisionally close flat

Mumbai, April 11: The key equity indices on Wednesday provisionally closed on a flat note following broadly negative global cues and heavy selling pressure in the oil...
Business2 months ago

Equity indices close in green on positive global cues

Mumbai, April 10: Key Indian equity indices on Tuesday provisionally closed in the green on the back of positive cues from global peers, along with healthy buying...
Business2 months ago

Key equity indices close higher on Asian cues

Mumbai, April 9: Key Indian equity indices provisionally closed higher on Monday afternoon taking a cue from the benchmark Asian indices. The two key domestic indices —...
India2 months ago

PNB fallout: CBI may act against top law firm

Mumbai, April 9: A leading Mumbai law firm may face action by the Central Bureau of Investigation (CBI) in connection with the possession of some unauthorised documents...
Business2 months ago

Key Indian equity indices open flat

Mumbai, April 6: Key Indian equity indices opened flat on Friday with a negative bias. The wider Nifty50 of the National Stock Exchange (NSE) traded lower by...
Business2 months ago

RBI bars regulated entities from dealing in cryptocurrencies

Mumbai, April 5 (IANS) In a bid to protect consumers and curb evils like money laundering, the RBI on Thursday barred all regulated entities, including banks,...
Business2 months ago

Equity indices soar after RBI holds rates, banks stocks gain

The Sensitive Index (Sensex) of the BSE, which had closed at 33,019.07 points on Wednesday, opened higher at 33,289.96 points.
Startups News2 months ago

Microsoft ‘ScaleUp’ announces 12th start-up cohort in India

Bengaluru, April 5: Microsoft “ScaleUp” on Thursday announced the 12th cohort consisting 12 start-ups for its programme to empower them with technology, go-to-market, and community benefits. ScaleUp...
India2 months ago

Monetary policy: RBI keeps repo rate unchanged at 6%

New Delhi, April 5: In the first monetary policy meeting of the new fiscal year on Thursday, the Reserve Bank of India kept the repo rate...
Business2 months ago

Sensex sheds over 300 points as trade war fear escalates

Mumbai, April 4: The BSE Sensex tumbled over 300 points during the afternoon trade session on Wednesday as investors were cautious over escalating fears of a trade...
Business2 months ago

Rs 4 lakh crore NPAs have returned due to insolvency system: Official

New Delhi, April 4: Less than half of the staggering Rs 9 lakh crore worth of non-performing assets (NPAs), or bad loans, accumulated by banks had returned...
Analysis3 months ago

Investing in crypto currencies only makes sense if you have a well-defined framework

During great booms and busts, there is always much more noise than real signals to buy or sell. But a shrewd trader/investor always has the ability...
Business3 months ago

Amazon launches B2B global selling for Indian exporters

New Delhi, April 3: Global e-commerce giant Amazon on Tuesday said it has launched B2B (business-to-business) selling for Indian exporters under its “Global Selling programme” to reach...
Business3 months ago

Equity indices close in green; banks, auto stocks surge

Mumbai, April 3: Despite volatility in the global markets, the key Indian equity indices provisionally closed Tuesday’s rangebound trade session with gains led by healthy buying in...
Business3 months ago

RBI likely to hold key interest rate

Mumbai, April 3: At its first bi-monthly monetary policy review of the new fiscal, the RBI is expected to continue with its stance of the previous...
Business3 months ago

Mark Zuckerberg hits back at Tim Cook

San Francisco, April 3: Facebook CEO Mark Zuckerberg has hit back at Tim Cook saying that the recent criticism from his counterpart at Apple was unfounded, the...
Business3 months ago

Direct tax collections grow 17% to Rs 9.95 lakh crore

New Delhi, April 2 (IANS) India’s direct tax collections for FY 2017-18 at a net of Rs 9.95 lakh crore grew at 17.1 per cent over...
Business3 months ago

GST collection on upswing, close to Rs 90,000 cr: Adhia

New Delhi, April 2 (IANS) Revenue collection under the Goods and Services Tax (GST) increased by Rs 1,217 crore in February to Rs 89,264 crore as...
Business3 months ago

Fuel price: Pradhan wants petroleum under GST

New Delhi, April 2 (IANS) Petroleum products should be brought under GST so that consumers can get the benefit of price rationalisation, Union Minister Dharmendra Pradhan...
Business3 months ago

Non-subsided LPG reduced by Rs 35/cylinder, jet fuel cut

New Delhi, April 2 (IANS) Prices of non-subsidised LPG, or cooking gas, have been reduced by Rs 35.50 per cylinder, and that of the subsidised one...
Business3 months ago

Positive global cues lift equity indices

Mumbai, April 2: Positive global cues, along with healthy buying in auto, capital good and healthcare stocks, pushed the key Indian equity indices to provisionally close on...
Business3 months ago

Fuel price: Pradhan appeals to bring petroleum in GST

New Delhi, April 2: Petroleum products should be brought under GST so that consumers can get the benefit of price rationalisation, Union Minister Dharmendra Pradhan said on...
Business3 months ago

Negative global cues, metals stocks pull equities lower

Mumbai, March 28: Negative global peers, along with heavy selling pressure in metals, banking and healthcare stocks, pulled the key Indian equity indices lower on Wednesday. The...
Business3 months ago

NGOs seeking foreign funds require ‘DARPAN’ registration: Government

New Delhi, March 27 (IANS) NGOs seeking foreign donations under Foreign Contribution Regulation Act are required to be registered under “DARPAN” web portal of NITI Aayog,...
Business3 months ago

GST collection falls for second straight month to Rs 85,174 crore

New Delhi, March 27 (IANS) Revenue collection under the Goods and Services Tax (GST) fell for the second consecutive month in February by Rs 1,144 crore...
Business3 months ago

Global cues, banks stocks push equity indices higher

Mumbai, March 27: Key Indian equity indices on Tuesday provisionally closed with gains as positive global cues on the prospects of easing trade war fears, along with...
Business3 months ago

Key Indian equity indices open flat

Around 9.16 a.m., the Nifty50 of the National Stock Exchange (NSE) was down 9.85 points or 0.10 per cent to trade at 9,988.20 points.
Business3 months ago

Nifty50 closes below 10k mark, Sensex sheds over 400 points

Mumbai, March 23: Escalating fears of trade war leading to a sell-off in the global markets spooked domestic investors and pulled the Nifty50 of the National Stock...
Business3 months ago

Dubai’s Meraas eyes Indian buyers for premium residences

Hyderabad: Property investors and high net worth Indians can now own premium residences in Dubai with Meraas, a Dubai-based holding company, marketing its new venture ‘Bluewaters’...
Business3 months ago

Equities close lower on global cues, selling pressure

Mumbai, March 22: Key Indian equity indices provisionally closed on a lower note on Thursday as negative European markets, along with selling pressure in banking, auto and...
Business3 months ago

Global cues, value buying push equity indices higher

Mumbai, March 21: Global cues and value buying pushed the Indian equity markets higher on Wednesday. According to market observers, healthy buying was witnessed in capital goods,...
Business3 months ago

Automobile manufacturers to hike vehicle prices

According to Tata Motors, it will increase prices of its entire passenger vehicles range by up to Rs 60,000 due to rising input costs. The new...
Business3 months ago

Equities close volatile trade session in green

Mumbai, March 20: Amid volatility, the key Indian equity indices on Tuesday provisionally closed in the green with healthy buying in IT, Teck (technology, media and entertainment)...
Business3 months ago

Global cues, fears of political instability dent equity indices

Mumbai, March 19: Negative Asian cues — on the prospect of higher interest rates in the US and global trade wars — pulled the key indices of...
Business3 months ago

Equities plunge on sell-off; metals, oil & gas stocks slip

Mumbai, March 16: Indian equity markets provisionally closed in the negative territory on Friday on the back of huge sell-off across all sectors — led by oil...
Business3 months ago

Indian GST system among most complex globally: World Bank

New Delhi, March 16: The Indian Goods and Services Tax (GST) system is among the most complex in the world with not only one of the highest...
Business3 months ago

Have not closed 41.16 lakh bank accounts Suo-motu: SBI

New Delhi, March 15: In a widely publicised report in certain news dailies about the country’s largest lender State Bank of India (SBI) reducing minimum balance...
Business3 months ago

Equities close in red, Sensex sheds almost 200 pts intra-day

Mumbai, March 15: Key Indian equity indices on Thursday provisionally closed in the negative territory — with the Sensex dropping almost 200 points intra-day — as heavy...
Business3 months ago

Equity indices trim losses, close flat-to-negative

Mumbai, March 14: Key Indian equity indices, which traded in the negative territory during the day on the back of weak cues from the Asian markets and...
Business3 months ago

Markets trade flat after negative opening

Mumbai, March 13: Key Indian equity indices on Tuesday traded on a flat-to-positive note during the early morning trade session after opening on a negative note. Around...
Business3 months ago

Value buying lifts equities; Sensex closes over 600 points up

Mumbai, March 12: Value buying by investors, along with positive global cues, pushed the BSE Sensex index to over 600 points and the Nifty50 of the...
Business3 months ago

Q4 manufacturing outlook positive: Ficci survey

New Delhi, March 11: The outlook for the country’s manufacturing sector for the current fourth quarter (Q4) ending March 31 is positive, industry chamber Ficci said on...
Business3 months ago

Companies must have policy to protect data against insider trading: KPMG Report

New Delhi, March 9: As the investors’ confidence is on a rise in India, the companies must have a policy to manage unpublished price sensitive information (UPSI)...
Business3 months ago

Key Indian equity indices open on higher note

Mumbai, March 9: Key Indian equity indices opened in the green on Friday on the back of positive global markets and healthy buying in metals, capital goods...
Business3 months ago

Direct taxes for 11 months, at Rs 7.44 lakh cr, grow 20% YoY

New Delhi, March 8: In line with the recent upward trend, India’s direct tax collections for 11 months of the ongoing fiscal at a net of...
Business3 months ago

Key Indian equity market indices open on higher note

Mumbai, March 8: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which...
Business3 months ago

Global refurbished smartphone market grew 13% in 2017

The global market for refurbished smartphones grew 13 per cent Year-on-Year (YoY) in 2017, reaching close to 140 million units, Counterpoint Research said on Wednesday. This...
Business3 months ago

Markets open on negative note on Wednesday

Mumbai, March 7: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE...
Business3 months ago

ICICI’s Kochhar, Axis’ Sharma summoned in PNB fraud case

Mumbai, March 6: ICICI Bank chief Chanda Kochhar and Axis Bank’s Shikha Sharma have been summoned by an anti-fraud agency in the bank fraud case involving jeweller...
Business3 months ago

Centre forms panel to look at development of Fintech

New Delhi, March 5: The Centre on Monday constituted a committee headed by the Economic Affairs Secretary to consider ways for further development of the financial technology...
Business3 months ago

Negative Asian cues pull equity indices lower

Mumbai, March 5: Negative Asian cues — on the prospect of global trade wars — pulled the key indices of the Indian equity market lower during the...
Business4 months ago

Aircel files for bankruptcy under insolvency code

New Delhi, Feb 28: Aircel on Wednesday filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016 for undertaking Corporate Insolvency Resolution Process (CIRP)...
Business4 months ago

Key Indian equity indices open on lower note

Mumbai, March 1: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower after the fiscal deficit data reached at 113.7...
Business4 months ago

India’s Q3 GDP grows at 7.2%

New Delhi, Feb 28: India’s GDP for the third quarter of 2017-18 grew at 7.2 per cent, official data showed here on Wednesday. The GDP growth during...
Business4 months ago

India’s April-January fiscal deficit at 113.7% of FY18 target

New Delhi, Feb 28: India’s fiscal deficit for April-January period of 2017-18 stood at 113.7 per cent of the full year’s target, official data furnished here on...
Business4 months ago

Moody’s keep India’s growth forecast unchanged at 7.6%

New Delhi, Feb 28: Moody’s Investors Service has kept unchanged at 7.6 per cent the growth outlook for 2018 for the Indian economy, which is recouping from...
Business4 months ago

Indian Rupee hits three month low

New Delhi Feb 28: The Indian rupee on Wednesday dipped to a three month low in the early trade session at the forex market. It opened...
Business4 months ago

Markets open on a negative note

Mumbai, Feb 28: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE...
Business4 months ago

GST collection dips marginally to Rs 86,318 crore in Jan

New Delhi, Feb 27: Revenue collections under the Goods and Services Tax (GST) fell marginally in January by Rs 385 crore to Rs 86,318 crore. The collections...
Business4 months ago

Expected rise in PNB fraud depresses equity indices

Mumbai, Feb 27: An expected rise in the estimated quantum of fraud at Punjab National Bank pulled the key indices of the Indian equity market lower during...
Business4 months ago

BSE to waive transaction charges on equity segment trade in Sensex 30 stocks

Mumbai, Feb 26: Stock exchange major BSE on Monday said it will waive transaction charges applicable on equity segment trade in S&P BSE Sensex 30 stocks with...
Business4 months ago

Positive global cues push equity indices higher

Mumbai, Feb 26: Positive global cues pushed the key indices of the Indian equity market higher during the early morning trade session on Monday. According to market...
Business4 months ago

Equities recoup on value buying after 3 weeks of losses

Mumbai, Feb 24: After three weeks of consecutive losses, the key Indian equity indices bounced back from their lows to close this week with humble gains on...
Business4 months ago

In the Indian system politicians are accountable but regulators are not: FM Jaitely on Banking frauds

Finance Minister Arun Jaitley on Saturday told that cases of periodical willful default are much more dangerous than business failure and bank frauds. Speaking at Global Business...
Business4 months ago

PNB stocks plunge over 30% in 8 trade sessions

Mumbai, Feb 23: During the eight trading sessions following the detection of a $1.8 billion fraud in one of the branches of the Punjab National Bank (PNB),...
Business4 months ago

New WhatsApp Terms of Service reveals close collaboration with Facebook

New Delhi, Feb 22: In an apparent hint that Facebook is set to monetise its WhatsApp operations, a new Terms of Service (ToS) spotted in the...
Business4 months ago

Key Indian equity indices open on negative note

Mumbai, Feb 22: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower ahead of futures and options (F&O) expiry. The...
Business4 months ago

Jio to invest Rs 10,000 crore in 3 years in UP: Mukesh Ambani

Lucknow, Feb 21: Reliance Jio will invest another Rs 10,000 crore in Uttar Pradesh over the next three years, Reliance Industries Limited Chairman Mukesh Ambani said here...
Business4 months ago

Share price of Gitanjali Gems hit lower circuit, PNB slips over 7%

Mumbai, Feb 19: Shares of Gitanjali Gems extended losses for the fourth consecutive session on Monday — plunging almost 10 percent to its lower circuit level at...
World4 months ago

I should pay significantly higher taxes, says Bill Gates

New York, Feb 19: Microsoft founder and billionaire Bill Gates has said that he should pay more in taxes and that the government should require other super-wealthy...
Business4 months ago

PNB fraud: Assocham calls for privatising PSBs

New Delhi, Feb 18: In light of the massive Rs 11,300 crore ($1.8 billion) scam allegedly involving jeweller Nirav Modi that has hit state-run Punjab National Bank...
Business4 months ago

Banks stocks, rising trade deficit drag equity indices lower

Mumbai, Feb 16: Indian equity markets on Friday closed in the negative territory for the third consecutive session as heavy selling pressure in banks, auto, capital goods...
Business4 months ago

Global cues lift equities, sell-off trims day’s gains

Mumbai, Feb 15: Paring most of the day’s gains, the key Indian equity indices on Thursday still closed in the green as positive global cues along with...
Startups News4 months ago

Microsoft commits $500 mn for new startup initiative

San Francisco, Feb 15: Microsoft has committed $500 million for a new programme to help nurture start-ups, offering resources such as Azure credits and sales support. “Microsoft...
Business4 months ago

India’s wholesale price inflation eases to 2.84% in Jan

New Delhi, Feb 15: India’s annual wholesale price inflation eased to 2.84 percent in January from 3.58 percent in December 2017 for the second straight month after...
Business4 months ago

Amazon now world’s third-most valuable company

Apple tops the list with $849.2 billion market cap, followed by Google's parent company Alphabet at $745.1 billion.
Business4 months ago

Punjab National Bank shares fall by 10% after Rs 11,360-Cr fraud report

New Delhi, Feb 14: Shares of Punjab National Bank (PNB) tumbled by nearly 10 percent on Wednesday after the bank detected financial fraud of more than...
India4 months ago

Punjab National Bank detects fraudulent transactions worth Rs 11,360 crore in Mumbai branch

New Delhi, Feb 14: State-owned lender Punjab National Bank (PNB) on Wednesday said it had detected some major “fraudulent and unauthorised” transactions worth about Rs 11,360...
Business4 months ago

Wipro, Tata Steel among 135 most ethical companies

New York, Feb 13: IT services and outsourcing provider Wipro Limited and Tata Steel Ltd are the two Indian firms that have been selected among 135 world’s...
Business4 months ago

January inflation eases to 5.07%, December IIP lower at 7.1%

The higher target came in place of the 3.2 per cent -- or Rs 5.46 lakh crore -- for the current fiscal announced earlier.
Business4 months ago

Growth of India’s factory output slows in Dec

New Delhi, Feb 12: The growth of India’s factory production slowed in December to 7.1 percent from an increase of a 8.80 percent in November and a...
Business4 months ago

Foodpanda India to invest Rs 400 cr to boost delivery network

New Delhi, Feb 12: Food ordering and delivery chain Foodpanda India on Monday said it would invest Rs 400 crore to strengthen its network and hire 25,000...
Business4 months ago

Indian equity indices slump tracking global sell-off

Mumbai, Feb 10: Following a massive global sell-off, the Indian equity markets turned bearish for the second consecutive week — with the BSE Sensex dropping over a...
Business4 months ago

Google fined Rs 136 crore by CCI for search bias

Competition Commission of India fined Google of 136 crores (21 million dollars) for unfair business practices in the country. The commission stated that Google has been...
Business4 months ago

Key Indian equity indices open on lower note

Mumbai, Feb 9: Key Indian equity indices opened in the negative territory on Friday. The wider Nifty50 of the National Stock Exchange (NSE) traded lower by 169.70...
Business4 months ago

Equity indices snap 7-day fall on investors’ bargain hunting

Mumbai, Feb 8: Bargain hunting by investors after seven consecutive days of losses propelled key Indian equity indices to close on a higher note on Thursday. According...
Business4 months ago

BHEL’s Q3 standalone net up 64%

Mumbai, Feb 8: State-run power equipment manufacturer Bharat Heavy Electricals (BHEL) on Thursday reported a 63.77 per cent rise in its standalone net profit to Rs 153.19...
Business4 months ago

RBI Monetary Policy Review: Central bank keeps key interest rate unchanged at 6% with neutral stance

Mumbai, Feb 7: The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6 percent for the fourth time in succession at its final...
Business4 months ago

1 lakh Income Tax notices sent to Bitcoin investors

New Delhi, Feb 6: The Indian Income Tax Department has issued about one lakh notices to people who have invested in cryptocurrencies like Bitcoin without declaring...
Business4 months ago

Equities close in red, Sensex recovers over 700 points

Mumbai, Feb 6: The key Indian equity indices provisionally closed Tuesday’s trade in the negative territory, paring some losses to recover from their day’s lows. A massive...
Business4 months ago

RBI likely to hold interest rate at monetary policy review

Mumbai, Feb 5: With the annual retail inflation rate breaching the five per cent mark in December and going over the RBI’s median level of four...
Business4 months ago

‘RBI shouldn’t hike rate for fear of Budget stoking inflation’

New Delhi, Feb 4: The RBI should refrain from raising interest rates owing to concerns about inflation being stoked by the pro-farm sector proposals of the budget...
Business4 months ago

National health scheme, MSP hike will need Rs10,000-15,000 cr each: Economic affairs sec

The state finance secretary Subhash Chandra Garg spoke to Mint about the Union Budget and its different provisions including the government’s decision to implement Minimum support...
Business5 months ago

Budget Impact: Equity indices crash after government re-introduces LTCG tax

Mumbai, Feb 2: Indian equity markets tumbled on Friday following negative global cues and a disappointing announcement in the Budget on the reintroduction of the long-term capital...
Business5 months ago

Budget 2018-19 : What will be cheaper & dearer

New Delhi: In his last full budget before the general elections in 2019, Finance Minister Arun Jaitley raised the customs duty on items like cars and...
Business5 months ago

GST revenue to fall Rs 50K crore short

New Delhi, Feb 1: Finance Minister Arun Jaitley projected a higher fiscal deficit of 3.5 percent of the GDP for 2017-18, as against the target of...
Business5 months ago

Japan Authorities raid Coincheck, Bitcoin plunges 20% fearing inspection

Tokyo, Feb 2: The price of bitcoin dropped 20 percent in the Japanese markets after authorities on Friday inspected the headquarters of the cryptocurrency exchange operator Coincheck....
Business5 months ago

Equity indices plunge on LTCG tax rate announcement

Mumbai, Feb 1: Key Indian equity indices plunged after Finance Minister Arun Jaitley on Thursday announced in his Budget speech long-term capital gains (LTCG) tax rate at...
Business5 months ago

Petrol prices hit Rs 73 per litre in Delhi, highest since July 2014

New Delhi, Feb 1: Petrol prices approached a three-and-a-half-year high in Delhi on Thursday at Rs 73.05 per litre. The previous high in the national capital was...
Business5 months ago

Ola to ride in Australia to take on Uber

Bengaluru, Jan 30: Indian online cab aggregator Ola on Tuesday announced its entry into the international market, starting with Australia, to take on its American rival Uber....
Business5 months ago

Global cues, selling pressure subdue equity indices

Mumbai, Jan 30: Negative global cues along with selling pressure subdued the key indices of the Indian equity market during the early-morning trade session on Tuesday. According...
Business5 months ago

Equities close at new highs, Nifty50 above 11,100-mark

Mumbai, Jan 29: Key Indian equity indices on Monday provisionally closed at fresh highs as healthy buying in auto, IT and consumer durables stocks, coupled with positive...
India5 months ago

Possibilities of hike in Petrol & Diesel prices, indicates Economic Survey

New Delhi, Jan 29: Chief economic advisor (CEA) Arvind Subramanian on Monday warned about growing global risks like rising oil prices and the possibility of sudden...
India5 months ago

Economic Survey 2018 reveals 10 new facts about Indian economy

New Delhi, Jan 29: Highlighting the key achievements of the current fiscal — the impact of GST, India’s egalitarian export structure, the preference of the Indian society...
India5 months ago

Budget Session 2018: Economic Survey predicts 7-7.5% GDP growth in FY19

New Delhi, Jan 29: The Economic Survey 2017-2018 tabled by Finance Minister Arun Jaitley in the Parliament predicts India’s GDP growth to be between 7-7.5% in FY 2018-2019. The...
India5 months ago

Budget Session: Dream of ‘New India’ to be realised in 2018, says President Kovind in his address

New Delhi, Jan 29: The Budget Session began with President Kovind’s address to both the houses of Parliament on Monday. In his first address, the President said: ...
Business5 months ago

Jaitley’s last full Budget to be different due to GST

New Delhi, Jan 28: The last full Union Budget to be presented by Finance Minister Arun Jaitley in the forthcoming session of Parliament beginning on Monday will...
Business5 months ago

GST has stabilised, opportunity for rationalisation: Arun Jaitley

New Delhi, Jan 27: Days after the GST collections picked up after falling for two straight months, Union Finance Minister Arun Jaitley on Saturday said the GST...
Business5 months ago

Vegetable, fruit exports dip by 15 per cent

New Delhi, Jan 27: Exports of fresh fruits and vegetables have slumped by 15 per cent in terms of revenue during April-November 2017, apart from a substantial...
India5 months ago

Key Indian equity market indices open higher

Mumbai, Jan 25: The key Indian equity market indices on Thursday opened higher but with a cautious approach ahead of the January futures and options (F&O) expiry....
Business5 months ago

Arun Jaitley charts out PSB recapitalisation plans, special monitoring of loans over Rs 250 cr

New Delhi, Jan 24: Finance Minister Arun Jaitley on Wednesday listed out the government’s recapitalisation plans, underlining that all loans above Rs 250 crore will undergo special...
India5 months ago

Petrol prices at 3-year high; diesel at record high

New Delhi, Jan 24: Petrol and diesel prices kept spiralling even on Wednesday, touching new highs in the national capital and other metros. Petrol was sold at...
Business5 months ago

Markets open on negative note

Mumbai, Jan 24: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. Later the Sensex move to...
Business5 months ago

Enterprises now deploying AI technologies: Infosys

Davos, Jan 23: Enterprises are moving beyond the experimentation phase with Artificial Intelligence (AI) and are now deploying AI technologies more broadly, said an Infosys survey on...
Cities5 months ago

Markets shut in Delhi as Traders protest against sealing drive

New Delhi, Jan 23: Major Markets across the national capital remain shut on Tuesday as the Confederation of All India Traders along with AAP’s trade wing called...
Business5 months ago

Market zooms: Sensex at 36K, Nifty50 at 11K

Mumbai, Jan 23: Projection of India’s healthy economic growth outlook, along with bullish global cues lifted the key Indian equity indices to their new highs during the...
Business5 months ago

Key Indian equity indices open at fresh highs

Mumbai, Jan 22: Key Indian equity indices opened at fresh highs during the early morning trade session on Monday, with healthy buying observed in oil and gas,...
Business5 months ago

Amazon opens supermarket with no checkouts

Washington, Jan 22: In a move that could revolutionise the way we buy groceries, Amazon opens its first supermarket without checkouts — human or self-service — to...
Business5 months ago

Nearly 4% of GDP is lost due to malnutrition: Report

New Delhi, Jan 21: India loses about 4 per cent of GDP (gross domestic product) to malnutrition and the trend can be reversed by focusing “on production...
Business5 months ago

ONGC to buy government’s 51.11% stake in HPCL for Rs 36,915 cr

New Delhi, Jan 20: State-run Oil and Natural Gas Corporation Ltd (ONGC) will acquire the government’s 51.11 per cent equity share-holding in Hindustan Petroleum Corporation Ltd (HPCL)...
Business5 months ago

Govt. sends tax notice to the people dealing in cryptocurrency

The government has sent tax notices to the people dealing in cryptocurrency mainly Bitcoin. The government’s move came after a nationwide survey showed more than $3.5...
Business5 months ago

HCL Technologies net up 6%

New Delhi, Jan 19: Software major HCL Technologies Ltd on Friday reported Rs 2,194 crore consolidated net profit for the third quarter (Q3) of fiscal 2017-18,...
Business5 months ago

WhatsApp unveils new service to target small businesses

New Delhi, Jan 19: To help businesses communicate better with their customers globally including in India, WhatsApp on Thursday launched “WhatsApp Business” – a free-to-download Android...
Business5 months ago

25th GST Council meeting: Tax rate cut for 29 goods, 53 services

New Delhi, Jan 18: In an important Goods and Services Tax (GST) Council meet ahead of the Union Budget on Thursday, the apex body revised rates on...
Business5 months ago

India’s GDP to grow by 7.1% in FY19: Ind-Ra

New Delhi, Jan 18: India Ratings and Research (Ind-Ra) on Thursday predicted that India’s gross domestic product (GDP) will grow at 7.1 per cent in FY19. “Robust...
Business5 months ago

Banks stocks shoot up on 100% FDI in private banks reports

Mumbai, Jan 18: Banking stocks on Thursday zoomed following reports that the government may allow 100 per cent foreign direct investment (FDI) in private sector banks. The...
Tech5 months ago

Google ‘Cloud AutoML’ to help all businesses leverage AI

New Delhi, Jan 18: Google has launched “Cloud AutoML”, a product that enables businesses with limited Machine Learning (ML) expertise to build high quality, custom Artificial Intelligence...
Business5 months ago

Markets open in Green on Thursday

Mumbai, Jan 18: The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note during the morning session of the trade. The Sensex of the BSE...
World5 months ago

Goldman Sachs reports 4Q loss on big charge for US tax reform

New York, Jan 17: Goldman Sachs on Wednesday said it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4...
Business5 months ago

Equity indices surge as banks stocks gain, Sensex climbs mount 35k

Mumbai, Jan 17: Key Indian equity indices on Wednesday traded with substantial gains during the mid-afternoon session, with the barometer 30-scrip Sensitive Index (Sensex) of the BSE...
Business5 months ago

Bitcoin falls over 20% in Asia over new restriction fears

Tokyo, Jan 17: The price of Bitcoin fell by more than 20 per cent over the last 24 hours in major markets in Asia over fears of...
Business5 months ago

Equity indices shed gains on widened trade deficit, crude prices

Mumbai, Jan 16: Breaking a three-day streak of record closing highs, the two key Indian equity indices on Tuesday ended the day in the negative zone...

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