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sebiapprovesnewkycnormsforfpis

Sebi approves new KYC norms for FPIs

The Securities and Exchange Board of India (SEBI) has approved new KYC norms for foreign portfolio investors. Stating this the SEBI Chairman Ajay...

rupeerecovers28paiseagainstusdollarinearlytrade

Rupee recovers 28 paise against US dollar in early trade

Mumbai: The rupee Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign ...

petroldieselratesscalenewhighs

Petrol, diesel rates scale new highs

New Delhi: After a one-day hiatus, petrol and diesel prices Tuesday were hiked again to new highs.While rates were not changed on Monday, a 10 paise p...

sensexrecoversover100pointsonvaluebuyingglobalcues

Sensex recovers over 100 points on value-buying, global cues

Mumbai: The BSE Sensex rebounded over 100 points in opening trade on Wednesday on value-buying in recently battered stocks amid strength in the rupee ...

reliancecommunicationsexittelecom;tofocusonrealestate:anilambani

Reliance Communications exit telecom; to focus on real estate: Anil Ambani

Mumbai: Billionaire Anil Ambani on Tuesday announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to...

rupeerecovers10paiseagainstusdollar

Rupee recovers 10 paise against US dollar

Mumbai: After a weak start, the rupee Tuesday recovered 10 paise to 72.41 against the US dollar amid volatility in early trade on fresh selling of the...

airtellaunchesrs419plantooffer105gbdatafor75days

Airtel launches Rs 419 plan to offer 105GB data for 75 days

Airtel has launched yet another new plan to notch up its rivalry against Reliance Jio. The company has announced a new Rs 419 prepaid plan that offers...

samsungtolaunchtwonewsmartphones

Samsung to launch two new smartphones

In an attempt to take on Chinese smartphone brands in India, Samsung is set to launch two new smartphones — Galaxy J6+ and Galaxy J4+ — in India this ...

sensexcracks350pointsonprofitbooking

Sensex cracks 350 points on profit-booking

Mumbai: The benchmark BSE Sensex sank over 350 points in early trade on Monday after two sessions of gains as investors cashed profits in consumer dur...

rupeeagainbreaches72markdown81paiseinearlytrade

Rupee again breaches 72-mark, down 81 paise in early trade

Mumbai: The rupee depreciated 81 paise to 72.65 against the dollar in early trade Monday at the forex market, despite the government’s steps to stem a...

indiasexportsrecordfastergrowthtotouchthreemonthhighofover19%inaugust

India's exports record faster growth to touch three month high of over 19% in August

The country's exports rose at the fastest pace in three months to reach 27.84 billion US dollars in August on account of healthy growth in petroleum p...

20lakhpeoplejoinmodifiedjandhanscheme

20 lakh people join modified JanDhan scheme

New Delhi: As many as 20 lakh people have joined the modified Pradhan Mantri Jan Dhan Yojna (PMJDY), taking the total number of account holders in the...

lenovorefreshes‘legion’gamingportfolioinindia

Lenovo refreshes ‘Legion’ gaming portfolio in India

In line with its plans to double its efforts in the gaming market, Lenovo India refreshed its ‘Legion’ portfolio of gaming laptops, towers and monitor...

reservebanktopurchasegovtsecurities(gsecs)worthrs10000croreonsept19

Reserve Bank to purchase govt securities (G-secs) worth Rs.10,000 crore on Sept 19

The Reserve Bank to purchase government securities (G-secs) worth Rs 10,000 crore on September 19, a move aimed at inducing liquidity in the system. T...

wpiinflationdropsto4monthlowof453pcinaugust

WPI inflation drops to 4-month low of 4.53 pc in August

New Delhi: Inflation based on wholesale prices eased to a four-month low of 4.53 per cent in August on softening of prices of food articles, especiall...

sensexupover150points

Sensex up over 150 points

Mumbai: The BSE Sensex was trading nearly 200 points higher in late morning deals on sustained buying in most sectors led by realty, metal, power, bas...

rupeestrengthensby50paiseagainstdollar

Rupee strengthens by 50 paise against dollar

Mumbai: Continuing its recovery, the rupee Friday strengthened by 50 paise to 71.68 against the dollar in early trade in the forex market on the gover...

indexofindustrialproductionforjuly2018higherby66%ascomparedtolastyear

Index of Industrial Production for July 2018 higher by 6.6% as compared to last year

Quick Estimates of Index of Industrial Production, IIP for the month of July 2018 was 6.6 percent higher compared to same period last year. Minis...

sensexclimbs300pointsonpositiveeconomicdata

Sensex climbs 300 points on positive economic data

Mumbai: The BSE benchmark Sensex reclaimed the 38,000-mark by surging over 300 points in opening trade on Friday on heavy buying by domestic instituti...

unitedbankofindiaincreasesmclrby5basispoints

United Bank of India increases MCLR by 5 basis points

New Delhi: Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent acr...

retailinflationfellto10monthlowof369percentinaugust

Retail inflation fell to 10-month low of 3.69 per cent in August

Retail inflation fell to a 10-month low of 3.69 per cent in August on the back of easing prices of fruits, vegetables and other food items. It stood b...

indianrupeeinchescloserto73hits7291$

Indian rupee inches closer to 73, hits 72.91/$

Mumbai: Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning.The rupee has been on a down slide owing to inf...

bsnltoget4gspectrumnextmonth:official

BSNL to get 4G spectrum next month: Official

MUMBAI: BSNL is set to receive 4G spectrum next month which will enable it to commercially roll out services from March, a senior official said Tuesda...

sensexniftybackingreenalleyesonmacrodata

Sensex, Nifty back in green, all eyes on macro data

Mumbai: The BSE benchmark Sensex recovered by over 100 points and the NSE Nifty reclaimed the 11,300-mark in opening trade Wednesday following fresh p...

bharatpetroleumtoskipiranoilpurchasesinoctober

Bharat Petroleum to skip Iran oil purchases in October

NEW DELHI: India's state-run Bharat Petroleum Corp will skip purchase of Iranian oil in October due to turnaround at its plants, a source privy to the...

sensexniftyturnchoppyonmixedasiancues

Sensex, Nifty turn choppy on mixed Asian cues

Mumbai: The BSE benchmark Sensex Tuesday rose 95 points, but soon turned choppy on weak global cues amid lingering global trade war concerns.The 30-sh...

rupeerecovers15paiseagainstusdinearlytrade

Rupee recovers 15 paise against USD in early trade

Mumbai: The rupee Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and expo...

googlereadytocomplywithrbinormsforpaymentservices:official

Google ready to comply with RBI norms for payment services: official

New Delhi: Internet major Google is learnt to have agreed to follow the RBI's local data storage norm for payment services but wants time until Decemb...

rupeehitslifetimelowof7218againstusdollar

Rupee hits lifetime low of 72.18 against US dollar

Mumbai: The rupee on Monday slumped to a fresh record low of 72.18 by falling 45 paise against the US dollar on strong demand for the US currency from...

irdaitosettimelineforlictocutstakeinidbibankto15percent

IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent

The Insurance Regulatory and Development Authority of India yesterday said it will set the timeline to reduce LIC's shareholding in IDBI Bank from 51 ...

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