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ONGC board approves HPCL takeover of 51.11% stake

The board of state-owned Oil and Natural Gas Corp, ONGC, has given 'in-principle' approval to acquire government's 51(point)11 per cent stake in Hindu...

FDI jumps 37% to 10.4 billion USD during April-June 2017

Foreign direct investment, FDI, into the country grew by 37 per cent to 10(point)4 billion US Dollar during the first quarter of the current fiscal. A...

Rupee gains 8 paise against dollar in early trade today

The rupee advanced by 8 paise to 64.06 against the US dollar in early session today on increased selling of the US currency by exporters and banks.Bes...

McDonald's terminates franchise agreement for 169 food outlets in North and East India

McDonald's India Pvt. Ltd (MIPL), the Indian subsidiary of the American fast food chain on Monday terminated its franchise agreement with Connaught Pl...

Sensex slips into red, down 29 points in late morning deals

The benchmark Sensex turned choppy in late morning deals to trade marginally lower by 29.48 points at 31,495.20 and the broader Nifty was trading belo...

Rupee gains 10 paise against USD in early trade

The rupee firmed up by 10 paise to 64.05 against the US dollar in early trade today on selling of greenback by banks and exporters.Domestic equities t...

Infosys board approves up to Rs.13,000 cr buyback offer

The country's second largest software services firm Infosys today said its board has approved a share buyback offer of up to Rs 13,000 crore.The buyba...

India needs to grow at 9-10 percent to lift millions out of poverty: Amitabh Kant

Niti Aayog CEO Amitabh Kant said, India needs to grow at 9-10 per cent per annum for the next three decades for lifting millions of people out of pove...

Besieged by baseless personal attacks: Vishal Sikka on quitting Infosys

Mumbai: Vishal Sikka has put in his papers as the CEO and MD of Infosys, the company announced on Friday morning.Ending his three-year long stint as t...

Maruti launches sportier Ciaz

Maruti Suzuki India on Thursday launched its premium sedan Ciaz in a more sleek, elegant and sporty form – Ciaz S.The Ciaz S has been refreshed with a...

Govt revises up 2016-17 grain output to record 275.68 million tonnes

The government today revised upward the country's overall foodgrain production by 2.3 million tonnes to a record 275.68 million tonnes in 2016-17 crop...

First shipment of American crude oil worth USD 100m to reach India next month

The first shipment of American crude oil worth USD 100 million will reach India next month, with US President Donald Trump promising to be a reliable,...

Sensex plunges 208 points; Infosys tanks 7% as Sikka resigns

The BSE benchmark Sensex fell nearly 208 points and Infosys tanked over 7 per cent in early trade after Vishal Sikka resigned as MD and CEO with immed...

Rupee slips 2 paise against US dollar

The rupee edged lower by two paise to 64.17 against the US dollar in early trade today on sustained foreign fund outflows.Traders attributed the rupee...

CCEA approves proposal of DIPAM for strategic disinvestment

The Cabinet Committee on Economic Affairs, CCEA has approved the proposal of Department of Investment and public Asset Management, DIPAM for the strat...

RBI makes Aadhaar linkage mandatory for farmers to avail crop loans

Reserve Bank has made Aadhar linkage mandatory for farmers who wish to avail short-term crop loans in 2017-18. In a notification issued from Mumbai ye...

Infosys to consider proposal for share buyback

Infosys, India's second-biggest software services exporter, has said it will consider a proposal for buyback of its equity shares at its meeting to be...

Forex,money markets closed today

Forex and money markets are closed today on account of 'Parsi New Year'.

Following good monsoons, total foodgrain production is estimated at record 275.68 MT

As a result of very good rainfall during monsoon 2016 and various policy initiatives taken by the Centre, the country is set to witness record foodgra...

Rupee weakens by 17 paise on strong dollar demand

The rupee fell 17 paise to 64.29 against the US dollar in early trade today due to increased demand for the American currency from importers amid fore...

Sensex gains 154 points on higher capital inflows

The benchmark BSE Sensex surged about 154 points and the NSE Nifty reclaimed the 9,800- level in early trade today, enthused by higher capital inflows...

Export of jewellery with gold content beyond 22 carats banned

In a move that has evinced mixed responses from the domestic jewellery manufacturing industry, export of gold ornaments, medallions or any other artic...

Indian export grows 4 percent in July

The country's exports grew three point nine percent in July this year, on a yearly basis, to 22(point)5 billion dollars.Exports rose due to an increas...

Retail inflation rises to 2.36% in July

Retail inflation rose to 2(point)36 per cent in July this year, chiefly driven by hardening prices in sugar and confectionery items, pan, tobacco, and...

Google fired Damore for sexism, but we need science over bias

Google CEO Sundar Pichai's response, following the firing of software engineer James Damore, struck a balance between freedom of expression and safety...

Sensex jumps 191 points in early trade today

The BSE Sensex recovered about 191 points in opening trade today, breaking its five-session losing streak, on value-buying by investors despite indust...

WPI inflation rises sharply to 1.88% in July

Wholesale inflation rose to 1.88 per cent in July as prices of some commodities increased in the first month of Goods and Services Tax (GST) rollout.I...

GST in long-run will be beneficial for tax system: Piyush Goyal

Union Minister for Power Piyush Goyal has said Goods and Services Tax (GST), in the long-run, will be beneficial for the tax system and will lead to e...

Rupee rebounds 17 paise against US dollar

Reversing its three-day downward trend, the rupee recovered by 17 paise to 63.96 against the US dollar in early trade today on fresh selling of the Am...