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RBI appoints M Rajeshwar Rao as new ED

The Reserve Bank has appointed M Rajeshwar Rao as Executive Director following G Mahalingam's taking voluntary retirement from the central bank. RBI s...


Sensex rallies 317 points on FBI reprieve for Clinton

Reversing its five-day losing streak, the benchmark Sensex surged 317 points and the NSE Nifty reclaimed the 8,500-mark today amid positive developmen...


Petrol price up by 89 paise/litre, diesel by 86 paise

The price of petrol has gone up by 89 paise per litre and diesel by 86 paise a litre. The price hike announced by Indian Oil Corporation is excluding ...


Samsung recalls 2.8 million washing machines in US

Korean electronics major Samsung is recalling about 2.8 million washing machines in the US market after reports of injuries, in an another jolt to the...


CII launches unique platform 'Startup Mentorship Circle'

In view of Prime Minister Narendra Modi’s vision of nurturing entrepreneurship, Confederation of Indian Industry (CII) has launched a unique platform ...


Sensex drops 43 points on weak global cues

BSE Sensex lost further ground this morning by declining 43 points on sustained capital outflows by foreign funds and selling by retail investors amid...


Airtel provides more interconnection points

Bharti Airtel on Thursday said it has provided over 7,000 additional points of interconnect (PoIs) to Reliance Jio, taking the total number of those p...


Govt imposes anti-dumping duty on certain Chinese steel products

Centre has imposed anti-dumping duty on imports of steel wire rods from China to protect domestic manufacturers from cheap in-bound shipments. The Dep...


GST Council finalises 4-tier rate structure

Union Finance Minister Arun Jaitley has said that half the items in Consumer Price Index basket like foodgrains, would not be taxed at all under Goods...


SBI cuts home loan rates by 0.15%

State Bank of India has lowered its interest rates by 0.15% for its home loans up to Rs 75 lakh with effect from November 1, 2016, as part of its fest...


S&P retains India's rating at BBB

Dashing the government's hope of improved credit rating, S&P  retained India's rating at 'BBB-' with a stable outlook and ruled out any upgra...


Sensex slides further by 81 points today

Continuing its downward trend, the BSE Sensex fell about 81 points and the NSE Nifty broke below the 8,500-mark in early trade today amid weak global ...


India's gross-value added growth to hit 7.6% this year: DBS

India's gross value added growth is expected to reach 7.6 per cent this year from 7.2 per cent last year. While private sector activity remains subdue...


Pay I-T dues in advance to avoid last minute rush: RBI

Reserve Bank of India has authorized 29 agency banks to accept payments of Income Tax dues. In a press release, the RBI has appealed to tax payers to ...


Sensex crashes 288 points on US poll fears

The benchmark BSE Sensex crashed by 288 points and the NSE Nifty dipped below 8,600 mark in early trade as investors cut down their bets, tracking a w...


Non-subsidised and subsidised LPG prices hiked

State-run oil marketer Indian Oil Corp. (IOC) on Monday hiked prices of non-subsidised LPG, or cooking gas, by Rs 37.50 per cylinder and by Rs 2 for a...


India's manufacturing sector growth hits nearly 2-year high in Oct: PMI

Manufacturing sector growth in India hit a 22-month high in October, driven by a sharp and accelerated increase in new orders, purchasing activity and...


Rupee strengthens 12 paise against US dollar in early trade

The rupee strengthened by 12 paise to 66.67 against the US dollar in early trade on increased selling of American currency by exporters and banks amid...


Sensex up 41 points on economic data

The benchmark BSE Sensex recovered about 41 points in early trade today as investors widened their positions on encouraging infrastructure growth amid...


IRS officer Sushil Chandra to take over as CBDT chairman

Senior Indian Revenue Service officer, Sushil Chandra will take over as chairman of the Central Board of Direct Taxes (CBDT) today. Chandra, a 1980-ba...


Delhi-Mumbai corridors LDB container visibility tops 1 mn

Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) has said that its initiative Logistics Data Bank (LDB) has crossed the one million m...


Sensex begins Samvat 2073

Market benchmark BSE Sensex gave up its early gains to end over 11 points lower at 27,930.21 in a special Muhurat trading session on Sunday to mark th...


Opec meets non-Opec nations for plan to reduce output

Officials from Organization of the Petroleum Exporting Countries, OPEC and non-member oil producing countries met in Vienna, Austria, aiming to build ...


Bangladesh puts temporary ban on catching Hilsa Fish

In Bangladesh, more than 900 fishermen have been arrested and Army deployed to patrol its waterways after introducing a temporary ban on catching Hi...


India's Forex Reserves rises by USD 1 billion to USD 367.14 billion

Country's Forex Reserves rose by USD 1 billion to USD 367.14 billion for the week ended October 21 on the back of increase in the core currency asse...


Tata group stocks bounce back after 3 days

Tata group stocks today bounced back after three days of continuous decline, rising up to 5.6 per cent, on value-buying at a lower level.Tata Motors j...


Sensex stumbles 106 points even as November series takes off

The Sensex fell almost 106 points to 27,810 at the start of the last trading session of the Samvat year 2072 today, hit by muted quarterly earnings by...


Mistry deviated from company ethos: Tatas

Tata Sons on Thursday said Cyrus Mistry, the chairman it sacked earlier this week, had repeatedly flouted the company’s ‘culture and ethos’.The charge...


Startups can raise USD 3 million via ECBs annually: RBI

The Reserve Bank yesterday permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed ...


Tata stocks plunge on concerns over Mistry letter

Shares of various Tata group stocks, including Tata Power and Tata Motors, plunged sharply this morning amid concerns about purported disclosure made ...

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