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Sensex down 71 points on weak Asian cues

The benchmark Sensex fell by about 71 points to slip below the key 27,000-mark in the opening trade today, on sustained foreign fund outflows amid wea...

Cooperative banks can't accept deposits under PMGKY: Govt

Government clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The ...

100% FDI under consideration in food processing sector: Sadhvi Niranjan

Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti has said cent percent Foreign Direct Investment in food processing sector is be...

Apple depicts Qualcomm as a shady monopolist in $1bn lawsuit

Apple is suing mobile chip maker Qualcomm for $1 billion in a patent fight pitting the iPhone maker against one of its major suppliers.The 100-page co...

Canara Bank Q3 net profit up at Rs.322 crore

Public sector lender Canara Bank on Friday reported nearly three-fold jump in net profit at Rs 321.88 crore for the third quarter ended December 31, 2...

Tax evasion upto Rs.2 crore bailable offence: GST Council

The GST council has decided that tax evasion up to Rs. 2 crore will be a bailable offence.To make the Goods and Services Tax or GST regime less onerou...

Start recovery of Rs.6,203 cr from Mallya: Debt Recovery Tribunal

The Debt Recovery Tribunal today ordered the SBI-led consortium of banks to start the process of recovering Rs 6,203 crore, at annual interest rate of...

Sensex skids 81 points in early trade on weak Asian cues

The Sensex shed almost 81 points to 27,227.78 in early trade as participants cut down bets amid lacklustre Asian cues and nervous investors await Dona...

Tata Motors launches passenger car Hexa

Tata Motors, struggling with its passenger car business for many years now, yesterday launched the much-awaited SUV, the Hexa, positioning it as a lif...

Sensex moves up 26 points in early trade today

The benchmark Sensex moved up nearly 27 points in early trade today, extending yesterday's gain on sustained buying by participants amid a mixed trend...

CCEA gives approval for listing five GIC companies in stock exchanges

The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for listing five government-owned General Insurance Companies in stoc...

9.2 lakh cr rupees remonetised till date: Urjit Patel

RBI Governor Urjit Patel appeared before the Parliamentary Standing Committee on Finance and briefed the panel about government's recent decision to d...

30 more countries interested to join AIIB: China

Thirty more countries have applied for joining the China-sponsored Asia Infrastructure Investment Bank, in which India is the second largest sharehold...

Sensex regains 134 points on Asian leads

The benchmark Sensex rebounded 134 points and the NSE Nifty retook the 8,400-mark today after metal and other blue-chip stocks jumped amid a mixed tre...

13.6% growth in foreign tourist arrivals in Dec 2016

Foreign tourist arrivals in India surged by 13.6 per cent to 10.37 lakh in December on year-on-year basis earning foreign exchange of over 16,800 cror...

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 ...