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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...


Sensex up 72 points in early trade

The benchmark BSE Sensex gained over 72 points in early trade today, extending yesterday's rally on increased buying by domestic institutional investo...


RBI raises cash withdrawl limit to Rs.10,000 per day

The Reserve Bank of India has raised the daily Cash withdrawal limit of 4500 rupees from ATMs to ten thousand rupees per card with immediate effect. H...


Sensex down 55 points on weak global cues

The benchmark BSE Sensex shed about 55 points and the NSE Nifty slipped below the 8,400-mark in early deals today on sustained capital outflows by f...


SEBI cuts broker fees by 25 pc to Rs.15 per transaction

Securities and Exchange Board of India, SEBI, has decided to lower broker fees by 25 per cent to 15 rupees per transaction of one crore rupees as pa...


Govt respects independence, autonomy of RBI: Finance Ministry

The Centre today categorically said that it fully respects the independence and autonomy of the Reserve Bank of India.The Finance Ministry's stateme...


Petrol price hiked by 42 paise/litre, diesel by Rs.1.03

Petrol price was hiked by 42 paisa a litre and diesel rate was raised by Rs 1(point)03 a litre. For petrol, the increase is the fourth in 6 weeks wh...


Infosys clocks net profit of Rs.3,708 crore for Q3

Bengaluru-based IT giant Infosys has clocked net profit of Rs 3,708 crore for the quarter ended December 31, 2016, up 7%, compared with Rs 3,465 cro...


Rabi Crops sowing crosses 616 lakh hectares

Rabi crops have been sown in around six crore 16 lakh hectares till date which is about 35 lakh hectares more than last year. Data released by the A...


Sensex up 107 points on positive macro data

The benchmark Sensex zoomed about 107 points to 27,354.08 in early trade today, continuing its rally for the fourth straight session, on the back of...


Industrial production grows 5.7% in November

The country's industrial production grew 5.7 percent in November 2016, compared to a contraction of 3.4 percent in November of the previous year.&nb...


N.Chandrasekaran appointed as Tata Sons chairman

Tata Sons have appointed TCS Chief Executive Officer and Managing Director, Mr Natarajan Chandrasekaran as its new Chairman. A press release issued ...


Sensex up 113 points in early trade today

NSE Nifty breached the crucial 8,400-mark and BSE Sensex gained 113 points in early trade on Thursday on sustained buying by domestic investors...


Honda recalls 772000 vehicles over defective air bag

Honda Motor is recalling 772,000 additional Honda and Acura vehicles in the US for defective front passenger seat air bag inflators. The defective a...


2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has sai...


Hopeful of resolving issues to roll out GST from April 1: Arun Jaitley

Finance Minister Arun Jaitley today reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all...


Sensex surged over 151 points in opening trade today

Sensex surged over 151 points to breach the 27,000-level and Nifty hit the crucial 8,300-mark in opening trade today following widespread gains as inv...


RBI informed a day before note ban

The Reserve Bank of India has said the government sounded it out on the demonetisation of high-denomination notes.In a note to a parliamentary committ...


World Bank drops India's growth rate to 7%

The World Bank has decelerated India's growth for 2016-17 fiscal to 7 per cent from its previous estimate of 7.6 percent. In its latest report, the Wo...


Sensex climbs 139 points in early trade

The benchmark BSE Sensex gained over 139 points in early trade on Tuesday, snapping its two-day falling streak, supported by value-buying in select bl...


BIS revises Indian Standard on gold hallmarking

Bureau of Indian Standards (BIS) said it has revised Indian Standard on gold hallmarking, which is effective from January 1 this year.The hallmarked g...


Global crude oil prices slips

Global crude oil prices slipped, as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were adhering to...


No additional levy on use of cards at petrol pumps: Dharmendra Pradhan

Petroleum and Natural Gas minister Dharmendra Pradhan said neither the customers nor petrol pump dealers will bear additional charges on digital trans...


Sensex down 53 points in early trade today

The benchmark BSE Sensex slipped 53 points in late morning trade, tracking positive trade in Asian equities even as Oil&gas, Power, Utilities, Tel...


FPIs net outflow at $ 3bn in 2016

Foreign funds pulled out more than 3 billion dollars, from the Indian capital markets in 2016, making it the worst period in last eight years in terms...


General Anti-Avoidance Tax Rule to start from April 2017

The General Anti-Avoidance Rule,GAAR, will kick in from April 1, 2017 said the Central Board for Direct Taxes today. GAAR was part of the 2012-13 Budg...


India’s Forex reserves up by USD 625.5 mn to USD 360.296 bn

India's foreign exchange reserves have recorded a rise of USD 625.5 million to reach USD 360.296 billion in the week ended 30th December 2016. ...


India’s GDP growth estimated at 7.1% this year

The Gross Domestic Product (GDP) growth is estimated at 7(point)1 per cent in 2016-17 as compared to 7(point)6 per cent in 2015-16. Releasing th...

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