Global gold demand declined by 18% during first quarter of 2017
Global gold demand declined by 18 per cent during the first quarter of 2017, to 1,034 tonnes. According to the World Gold Council's latest Gold Demand...
Facebook, Airtel launch Express Wi-Fi in India, users will have to pay to use it
Social media giant Facebook has partnered with country's largest telecom player Airtel to deploy 20,000 internet hotspots through Facebook's Express W...
India gold demand rises 15% in March quarter: World Gold Council
Gold demand for the quarter ended March 2017 (Q1) rose 15 percent to 123.5 tonnes in India, the second-largest global consumer of the yellow metal. Ho...
ICICI Bank March quarter net profit surges to Rs.2082.75 crores
ICICI Bank March quarter net profits witnessed a five-fold jump to Rs 2082.75 crores even as the asset quality worsened with bad loans spiking to reco...
Sensex soars 189 points on reforms, earnings boost
Bse benchmark Sensex rose 189 points to reclaim the 30,000-level and NSE Nifty went past 9,350 in early trade today, buoyed by encouraging corporate e...
ADB predicts 7.4 percent growth for Indian economy this fiscal
Asian Development Bank (ADB) has said that Indian economy will grow 7(point)4 per cent this fiscal, and 7(point)6 per cent in the next fiscal. India h...
RBI To Get Power To Act Against Loan Defaulters, Cabinet Clears Ordinance
Facing criticism on slow progress in acting against those who figure in the non-performing assets of banks list, the union cabinet today cleared an or...
Sensex rises 99 points in early trade
The BSE benchmark Sensex rose over 99 points to trade above the key 30,000-mark in early trade today on sustained buying by domestic institutional inv...
UDAN will make air travel affordable for many, but not the poor
The average Indian is unlikely to be able to afford a Rs 2,500 flight–13.8 times the monthly spending on travel (Rs 180) in 2011-2012–under the govern...
Uber to take on FoodPanda, Swiggy in India with the launch of UberEats
The move marks yet another commitment from company in India which is currently engaged in a bitter battle with Softbank-funded Ola for winning the cou...
India to clock 7.1 pc GDP this year: UN report
India is expected to clock 7.1 per cent growth this year before edging up to 7.5 per cent in 2018, according to a UN report, which warned that the cou...
Rupee rebounds 24 paise against US dollar
The rupee recouped sharply by 24 paise to 64 against the US dollar in early trade today on increased selling of the American currency by exporters and...
India-Turkey trade should reach $10 billion by 2020: Erdogan
India-Turkey trade should reach $10 billion by 2020, as the current volume of $6.5 billion were not enough, Turkish President Recep Tayyip Erdogan sai...
H1B effect: Infosys to hire 10,000 American workers
Indian IT major Infosys will hire about 10,000 locals in the US over the next two years and set up four technology and innovation hubs there, as part ...
Sensex reclaims 30,000 level, zooms 134 points in early trade
BSE benchmark Sensex recouped over 134 points to trade above the 30,000-mark in early trade today on the back of widespread gains triggered by encoura...
SBI reduces term deposit rates by upto 50 bps
The State Bank of India has cut its term deposit rates by up to 50 basis points for various maturities. The rates have been revised for medium and lon...
Maruti Suzuki India April sales jump 19.5 per cent
Country's auto giant Maruti Suzuki India (MSI) on Monday reported 19.5 per cent rise in total sales at 1,51,215 units in April, against 1,26,569 units...
Walmart to set up 10 outlets in Telangana
Walmart will invest about $100-120 million in Telangana in setting up 10 new cash and carry stores over the next five to seven years, the company’s In...
Petrol price hiked by 1 paise, diesel by 44 paise per litre
Petrol price has gone up by One paisa and diesel by 44 paise per litre excluding state levies. The new rates will come into effect from midnight April...
India to be Voluntary Tax Compliant Society: Jaitley
Indicating greater compliance measures from government agencies in the days ahead, Finance Minister Arun Jaitley said on 29 April that India will be m...
SnapBizz partners with bigbasket
SnapBizz, a retail-technology firm, today announced its partnership with bigbasket, an online supermarket, to transform kirana stores into a technolog...
BSNL to provide broadband services to rural post offices
Bharat broadband network limited, Department of Posts and BSNL have signed a tripartite Memorandum of Understanding in New Delhi for providing of Bhar...
Banks cannot refuse to accept faded or scribbled notes: RBI
Reserve Bank of India (RBI) has said, banks cannot refuse to accept faded notes or those with scribbles. In a Circular to banks, RBI said such banknot...
Sensex slips below 30K as May series gets off to shaky start
The benchmark Sensex slipped below the 30,000-mark by falling over 82 points to 29,947.53 in early trade on Friday as the May derivatives series began...
SEBI allows options trading in commodities market
SEBI has allowed options trading in commodity derivatives. SEBI's board approved the proposal at its meeting in Mumbai. Ajay Tyagi, Chairman of the Se...
Govt extends service tax return filing date to April 30
The Centre has extended the last date for filing service tax return by five days to April 30, in a relief to lakhs of service providers. Every re...
Infosys launches AI platform Nia for businesses
Building on the success of the its first-generation AI platform, Infosys Mana and its Robotic Process Automation (RPA) solution, AssistEdge, Infosys o...
Sensex slips from record, edge down on F&O expiry
Stock markets came off their peak and turned weak today after three back-to-back sessions of gains as the benchmark Sensex slipped in view of April de...
RBI to issue new Rs 5, 10 coins
Mumbai: The Reserve Bank of India will soon put into circulation new Rs 10 coins that have been minted to commemorate 125th year of National Archives ...
Sensex,Nifty scale lifetime highs on fund inflow
The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 -- both lifetime highs -- in opening trade today on sustained...
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