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MFs folio count rises 36 lakh in April-October to record 5.13 crore

Driven by addition in equity fund folios, mutual fund houses registered a surge of more than 36 lakh investor accounts in the first seven months of th...


RBI directs banks to waive ATM charges till Dec 30

Reserve Bank of India has directed banks to waive off ATM charges on all transactions at own banks as well as others till December 30.In a late night ...


Govt relaxes cash withdrawl norms

The government relaxed cash withdrawal norms from banks on Monday in a bid to help the rural poor and small businesses that are hit the hardest follow...


Banks closed today

With banks closed in many parts of the country, cash-strapped people started making beeline outside ATMs from early morning but with limited success a...


Rs.500 and Rs.1,000 notes valid till Nov 24

Economic Affairs Secretary Shaktikanta Das on Monday announced that the now-defunct currency would be accepted at government hospitals, petrol station...


Tata-Mistry row intensifies

The Tata-Mistry feud flared up yesterday, with the ousted chairman Cyrus Mistry rebutting allegations of "drifting away" Tata companies during his ten...


Govt launches new Rs.500 notes

The government has introduced the new series of 500 rupees denomination notes at the SBI Parliament Street Branch in New Delhi for the convenience of ...


Singles Day: Alibaba breaks record sales total

E-commerce giant Alibaba has beaten its sales record for its annual Singles Day event.The company said sales this year had reached 121bn yuan ($18bn; ...


Industrial production grows at 0.7 percent in September

The country's industrial production grew point 7 percent in September this year, year-on-year, mainly due to poor performance by the manufacturing, ...


ED seizes fresh assets of Vijay Mallya worth nearly Rs.1.600 crore

Enforcement Directorate (ED) has seized fresh assets of Industrialist Vijay Mallya, worth nearly Rs 1,600 crore, in connection with a money launderi...


Audi launches new RS 7 in India

German luxury car manufacturer Audi today launched its new Audi RS 7 Performance in India priced at Rs 1.6 crore (ex-showroom Delhi). The car is power...


Sensex crashes 413 points on profit-booking

BSE Sensex crashed nearly 413 points and NSE Nifty cracked below the 8,400-mark in early trade today on profit-booking at higher levels and foreign ca...


Rs.1,000 currency notes to be back soon: Centre

The Union government plans to re-introduce Rs 1,000 currency note with a new design and additional security features once the dust settles on the deci...


Govt denies media reports about Income Tax raids

Finance Ministry has denied media reports about Income Tax department's raids in Mumbai, New Delhi and Chandigarh and clarified that it was only a sur...


Sensex rebounds 390 points in early session today

Recuperating from a double whammy of Trump win and the Centre's black money crackdown, Sensex today soared over 390 points and Nifty topped the 8,500-...


Ishaat Hussain replaces Cyrus Mistry as TCS Chairmain

Tata Sons has appointed Ishaat Hussain as the Chairman of the group's hugely successful IT firm TCS in place of Cyrus Mistry, who was ousted last mont...


Banks to remain open on Saturday & Sunday to help exchange their old notes

Banks across the country will remain open on Saturday and Sunday as the government gears up to implement demonetisation of high-denomination currency ...


Direct tax collection on 10.6% to Rs.3.77 lakh cr

Direct tax collections have soared over 10 per cent during the April-October period of 2016-17 of current financial year on higher personal tax receip...


Deposits above Rs.2.5 lakh to invite penalty on income mismatch

The Government has warned that the cash deposits above 2 lakh 50 thousands rupees threshold under the 50-day window can attract tax plus a 200 percent...


New series of Rs.500 & 2000 notes to be available from today

Union Finance Minister Arun Jaitley has said that the new series of 500 and 2,000 rupees notes will be available in banks and post-offices from today ...


Stock markets tumble, rupee down; investors lose Rs.6 trn

Stock markets tumbled today with an estimated Rs 6 lakh crore getting wiped off from the invested wealth within seconds of opening trade as Sensex plu...


Sensex crashes 1,689 points on black money crackdown, US election

On frantic selling, stock market benchmark BSE Sensex crashed nearly 1,689 points and Nifty plunged by over 541 points on early US election trends sho...


Real estate shares tumble 20 pc in early trade

Realty stocks plunged up to 20 per cent in early trade today with scrips of Unitech and DLF taking a major hit following the government’s measures to ...


Rupee dives 23 paise on black money crack down

Rupee plummeted by 23 paise to 66.85 against the US dollar in early trade today on the government’s surprise move to ban Rs 500 and Rs 1,000 currency ...


Gold demand drops 28% to 195 tonnes in Q3

Demand for gold in India for the third quarter of calendar year 2016 (Q3 CY16) declined 28% to 194.8 tonnes when compared with 271.1 tonnes in the sam...


Banks to open more counters, work extra hours to exchange notes

Banks will open additional counters and work extra hours beginning Thursday to help people exchange Rs 500 and Rs 1000 notes that have been declared i...


Sensex surges 142 points ahead of US election

The benchmark BSE Sensex gained nearly 142 points in early trade today, extending its yesterday’s rally driven by revived investor confidence on impro...


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 ...

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