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SBH posts Rs.2,230 crore operating profit for 2016-17 FY

State Bank of Hyderabad (SBH) has posted an operating profit of Rs 2,230.79 crore for the first nine months of the 2016-17 financial year.However, the...


HDFC Q3 net profit move up 13% to Rs.2,729 crore

The country’s largest mortgage lender HDFC today reported a 12.80 per cent increase in consolidated net profit at Rs 2,728.66 crore for the third qu...


Sensex down 35 points on profit-booking

The benchmark Sensex fell almost 35 points in early trade today as investors took profits from recent gainers amid mixed Asian cues.Investors turned...


Maruti Suzuki India hikes prices of entire products

India's largest car maker, Maruti Suzuki India hiked prices of its entire products in the range of 1,500 rupees to 8,014 rupees across models.


India's forex reserves soar by $ 932.4 million to $ 360.775 billion

India’s Foreign Exchange Reserves soared by 932.4 million dollars to 360.775 billion dollars in the week ended January 20.In its weekly statistical ...


GAAR to come into effect from April 1

The government on Friday sought to set aside the uncertainties around the anti avoidance rules which prevent companies from routing transactions throu...


Gold plunges to Rs.29,150 at Delhi's bullion market

Gold fell for the second straight day, plunging 400 rupees, to 29,150 rupees per ten grams at Delhi's bullion market, today, on reduced off-take by je...


Demonetisation to fetch more revenue to govt: Arun Jaitley

Finance Minister Arun Jaitley today put up a spirited defence of demonetisation, saying the drive "shook" the financial system for a short while, but ...


New-look Rs.1000 notes to be out soon

The Rs 1,000 note may stage a comeback but with enhanced security features and it will also be smaller in size than the demonetised notes.“They (Rs 1,...


Sensex soars 148 points as Feb F&O series opens strong

The Sensex rallied about 148 points to 27,856 in early session today, maintaining its positive form for the fourth day as the February derivatives ser...


Sensex soars 105 points on global cues

The benchmark BSE Sensex surged over 105 points and the NSE Nifty reclaimed the 8,500-mark in early trade today as traders continued buying, tracking ...


Sensex up 100 points in early trade today

The benchmark Sensex advanced by over 100 points in early trade today, building on yesterday's recovery, as investors and domestic institutions widene...


Sensex down 71 points on weak Asian cues

The benchmark Sensex fell by about 71 points to slip below the key 27,000-mark in the opening trade today, on sustained foreign fund outflows amid wea...


Cooperative banks can't accept deposits under PMGKY: Govt

Government clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The ...


100% FDI under consideration in food processing sector: Sadhvi Niranjan

Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti has said cent percent Foreign Direct Investment in food processing sector is be...


Apple depicts Qualcomm as a shady monopolist in $1bn lawsuit

Apple is suing mobile chip maker Qualcomm for $1 billion in a patent fight pitting the iPhone maker against one of its major suppliers.The 100-page co...


Canara Bank Q3 net profit up at Rs.322 crore

Public sector lender Canara Bank on Friday reported nearly three-fold jump in net profit at Rs 321.88 crore for the third quarter ended December 31, 2...


Tax evasion upto Rs.2 crore bailable offence: GST Council

The GST council has decided that tax evasion up to Rs. 2 crore will be a bailable offence.To make the Goods and Services Tax or GST regime less onerou...


Start recovery of Rs.6,203 cr from Mallya: Debt Recovery Tribunal

The Debt Recovery Tribunal today ordered the SBI-led consortium of banks to start the process of recovering Rs 6,203 crore, at annual interest rate of...


Sensex skids 81 points in early trade on weak Asian cues

The Sensex shed almost 81 points to 27,227.78 in early trade as participants cut down bets amid lacklustre Asian cues and nervous investors await Dona...


Tata Motors launches passenger car Hexa

Tata Motors, struggling with its passenger car business for many years now, yesterday launched the much-awaited SUV, the Hexa, positioning it as a lif...


Sensex moves up 26 points in early trade today

The benchmark Sensex moved up nearly 27 points in early trade today, extending yesterday's gain on sustained buying by participants amid a mixed trend...


CCEA gives approval for listing five GIC companies in stock exchanges

The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for listing five government-owned General Insurance Companies in stoc...


9.2 lakh cr rupees remonetised till date: Urjit Patel

RBI Governor Urjit Patel appeared before the Parliamentary Standing Committee on Finance and briefed the panel about government's recent decision to d...


30 more countries interested to join AIIB: China

Thirty more countries have applied for joining the China-sponsored Asia Infrastructure Investment Bank, in which India is the second largest sharehold...


Sensex regains 134 points on Asian leads

The benchmark Sensex rebounded 134 points and the NSE Nifty retook the 8,400-mark today after metal and other blue-chip stocks jumped amid a mixed tre...


13.6% growth in foreign tourist arrivals in Dec 2016

Foreign tourist arrivals in India surged by 13.6 per cent to 10.37 lakh in December on year-on-year basis earning foreign exchange of over 16,800 cror...


Reliance Jio customer crosses 72.4 million by Dec 31

Rel Jio, which is aggressively netting customers with free calls and data, today said its customer-base has already crossed 72.4 million as of Decembe...


IMF cuts India's growth to 6.6 percent

The IMF today cut India's growth rate for the current fiscal year to 6.6 per cent from its previous estimate of 7.6 per cent due to the "temporary neg...


GST rollout deferred to July 1

The rollout date for India’s biggest indirect tax reform, the Goods and Services Tax (GST), has been deferred to July 1 from the earlier April 1 deadl...

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