Rupee advances gains against dollar
The rupee gained 10 paise to trade at over 2-1/2 year high of 63.31 against the US dollar in early session today on increased selling of the American ...
Air India ties up with UAE banks to acquire 3 B777 aircrafts
State-owned Air India has tied up with UAE-based First Abu Dhabi Bank as well as Standard Chartered Bank and Mashreq Bank to avail short-term loans fo...
Govt announces new Savings Bonds
The Government of India on Thursday announced to launch 7.75 percent savings bonds to enable resident citizens and Hindu Undivided Families (HUF) to i...
Crude oil prices fall slightly
Global crude oil prices fell slightly yesterday, from the two-and-half-year highs, as high output in the United States and also Russia undermined ongo...
Rupee loses 8 paise against dollar in early trade
The rupee weakened by 8 paise to trade at 63.61 against the US dollar in opening session today due to increased demand for the American currency from ...
Sensex rebounds 123 points in opening trade on Asian cues
The benchmark BSE Sensex recovered by over 123 points in early trade today, halting its three- session falling streak on fresh spell of buying in rece...
Sensex succumbs to late sell-off; auto, IT slip
Benchmark Sensex ended marginally lower in volatile trade today after cautious investors trimmed their portfolios ahead of corporate results despite f...
Apple acquires Canadian software startup Buddybuild
Apple has acquired a Canadian software startup named Buddybuild in its efforts to woo app developers. The deal was reported by TechCrunch and BuddyBui...
Marketing VP Kanika quits Snapdeal to join a consulting firm
Snapdeal's marketing vice president Kanika Kalra who spearheaded the e-commerce firm's 'Unbox Zindagi' brand change campaign has quit to join consulti...
Cabinet to approve mandatory use of jute gunny bags to pack food grains today
The Cabinet is likely to approve today a proposal for mandatory use of jute gunny bags or sacks to pack food grains such as wheat, rice and other food...
RBI bonds scheme not closed: Finance Ministry
Finance Ministry today said RBI Bonds Scheme has not been closed but the interest rate on such papers lowered to 7(point)75 per cent.Economic Affairs ...
Sensex rises 158 points in early trade
The benchmark Sensex staged a strong come back in early trade today gaining over 158 points on widespread buying by participants in banking, auto, pha...
Rupee retreats from 2 -1/2 year high
The rupee retreated from 2-1/2 year high level to trade lower by 8 paise at 63.56 against the US currency in opening session on some dollar buying by ...
Sensex marginally up 9 points in late morning
The benchmark Sensex was trading flat in late morning deals, slightly up by 9 points on mild bouts of buying in energy, IT, auto and power sectors des...
SBI cuts base rate by 30 basis points
The State Bank of India on Monday reduced the base rate and benchmark prime lending rates by 30 basis points each, which will benefit nearly 80 lakh c...
Core sectors' growth hits over 1-year high of 6.8% in November
Eight core sectors expanded at the fastest pace in more than a year at 6 point 8 percent in November 2017 on account of robust performance in segments...
Snapchat CEO throws $4 mn party on NY’s Eve
San Francisco: Snapchat might be facing a tough time due to intense competition from Instagram, but when it comes to partying, the company has no riva...
Salil Parekh Set To Take Over As Infosys CEO Tomorrow
Salil Parekh is all set to take charge as Infosys CEO tomorrow as the over $10 billion company looks to bring back the focus on revenue growth and bus...
Rupee climbs 15 paise against US dollar
The rupee rose by 15 paise against the US dollar to trade at 63.72 in late morning deals on dollar selling by banks and exporters.The rupee opened mar...
Sensex advances 30 points
Stocks were flat in a choppy trade during morning session with the benchmark BSE Sensex advancing by 30 points in absence of cues as financial markets...
India is 2nd fastest growing major economy in 2017 in world: Arun Jaitley
Finance minister Arun Jaitley said that despite the slowdown in 2016-17, as per the IMF, India was the fastest growing major economy in 2016 and...
Govt cautions people against risks in investing in Virtual Currencies
Finance Ministry cautioned people dealing in virtual currencies saying these are not legal tender and have no protection. Noting that there has been a...
Government issues Ponzi scheme alert over cryptocurrencies
The finance ministry has warned these currencies are vulnerable to hacking due to the fact they are stored in electronic format and suffer potential m...
Gold breaks above $1,300/0z , on way to best year since 2010
Gold hit its highest in two and half months on Friday and remained on track for its biggest annual rise since 2010 as a wilting dollar, political tens...
IDBI Bank gets ₹2,729 crore capital from government
Public sector IDBI Bank has received capital infusion of ₹2,729 crore from the government.“The government has on December 29, 2017 infused share appli...
Jeff Bezos tops on Forbes' biggest billionaire gainers list
Amazon’s CEO and founder Jeff Bezos added USD 34 billion in 2017, one-third of his total wealth today, becoming the topper in the list of the Biggest ...
Mega deal between Ambanis to help Reliance Jio take on Bharti Airtel
Reliance Jio is expected to intensify its fight with rival telco Bharti Airtel as the Mukesh Ambani-owned company buys out key assets from Anil Ambani...
SoftBank-led consortium to buy 17.5% stake in Uber
SAN FRANCISCO: A consortium led by SoftBank Group will buy a large number of shares of Uber Technologies in a deal that values the ride-services firm ...
Cancer-causing asbestos found in Claire's cosmetics for children, pulled off shelves
Popular jewellery and accessory maker Claire's has stopped the sale of some of its makeup products after a television news report revealed that its co...
Facebook scraps the test asking users to sign up with Aadhaar names
World’s largest social networking site Facebook has scrapped a new test feature in which it asked people to use the name they had provided on their Aa...
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