Raghuram Rajan says there were better options than demonetisation
Former RBI governor Raghuram Rajan has revealed that he did not favour demonetisation as he felt the short term economic costs associated with such a ...
Samsung launches portable solid state drive T5 in India
Samsung Electronics on Friday launched the Samsung Portable solid state drive (SSD) T5 with latest 64-layer V-NAND technology that enables it to deliv...
Rupee slips 4 paise against dollar
The rupee depreciated by 4 paise to 63.94 against the US currency in early trade today on dollar demand from importers.The rupee's weakness against th...
Sensex up 71 points as September F&O opens strong
The benchmark BSE Sensex gained over 71 points to 31,801.80 in early trade today on continued buying by domestic institutional investors despite weak ...
Almost 99% of demonetised notes back in system: RBI report
The Reserve Bank of India today in its annual report confirmed that almost 99 per cent of banned Rs 500 and Rs 1000 notes that were demonetised last N...
Rupee weakens 5 paise against dollar
The rupee depreciated by 5 paise to 64.06 against the US dollar in early trade today on month-end demand for the American currency from importers and ...
Sensex slips 51 points ahead of F&O expiry
Stock markets turned weak today as the benchmark Sensex fell by almost 51 points in early trade as investors adopted a cautious approach in view of Au...
Rupee rebounds 8 paise against dollar
The rupee today rebounded by 8 paise to 63.94 against the US currency in early trade on increased selling of the dollar by exporters and banks.Currenc...
Sensex rises 193 points in early trade
The benchmark BSE Sensex recovered over 193 points and the Nifty regained the 9,800-mark in early trade today on buying in banking, oil and FMCG stock...
Income Tax dept. seeks ₹32,320 cr from Hutchison over Vodafone deal
The Income Tax Department has slapped a ₹32,320 crore demand in tax, interest and penalty on Hong Kong-based Hutchison for alleged capital gains it ma...
Sensex tanks 150 points in early trade
The benchmark BSE Sensex fell over 150 points in early trade on Tuesday on profit booking in power, banking and capital goods stocks amid weak Asian c...
DIPP releases next edition of consolidated FDI policy
The Commerce and Industry Ministry released the next edition of its consolidated FDI policy document, incorporating all the changes made over the past...
I-T dept again warned people against cash dealings of Rs.2 lakh
The Income Tax Department once again warned people against cash dealings of 2 lakh rupees and more, saying any violation of this cap will invite stric...
Rupee slips by 5 paise against US dollar
The rupee weakened by 5 paise against the US currency to trade at 63.96 in opening session today due to month-end dollar demand from importers and ban...
Sensex rises by 179 points in early trade
The benchmark BSE Sensex advanced 179 points and the NSE Nifty reclaimed the 9,900-mark in early trade today on strong gains in IT, pharma and FMCG st...
NCLAT directs McDonald's and Bakshi to settle row, re-open 169 outlets for now
The National Company Law Appellate Tribunal (NCLAT) today asked US fast food giant McDonald's and its estranged Indian JV partner Vikram Bakshi to con...
Nandan Nilekani appointed as new Infosys Chairman
New Delhi: Nandan Nilekani was on Thursday named Infosys Chairman after R Seshasayee and co-chair Ravi Venkatesan quit.Nilekani, who was CEO of the co...
RBI to introduce Rs.200 note tomorrow
The new Rs 200 currency note will be introduced in the market tomorrow, Reserve Bank of India said today.The new denomination has Motif of Sanchi Stup...
5% GST applicable on selling of space for advertisement in print media: Centre
Government has clarified that five percent GST is applicable on selling of space for advertisement in print media if an agency buys space from the new...
Rupee goes up 7 paise against US dollar
The rupee today went up 7 paise to 64.05 against the dollar that remained shaky after US President Donald Trump's comments about a government shutdown...
Sensex climbs over 110 points after Asian uptrend
Indian stocks today shrugged off weakness in US markets as the Sensex surged over 110 points, with domestic investors doing the job amid positive Asia...
Infosys successor: Investors want Nandan Nilekani to return, join board
As many as 12 key domestic institutional investors (DIIs) have written to Infosys, batting for co-founder Nandan Nilekani's appointment to the board, ...
Rupee stretches gains, up 5 paise at 64.05
The rupee firmed up by 5 paise to 64.05 against the US dollar in early trade today on sustained selling of the American currency by banks and exporter...
IT department begins probe in promotion scam
Vikas Rasal could be the tip of an iceberg and small victim in a big illegal syndicate working between the states and the Centre to promote a non-reve...
Hyundai launches next gen Verna priced at Rs 7.99 lakh
Hyundai Motor India Ltd (HMIL) today launched a new version of its mid sized sedan Verna with an introductory price starting at ₹7.99 lakh ( ex-showro...
Mercedes launches AMG GTR in India
German luxury carmaker Mercedes- Benz today launched AMG GT R in India with prices starting at Rs 2.23 crore (ex-showroom).The company also introduced...
Govt puts urad, moong dal imports under restricted category
The government put imports of Urad and Moong dal under the restricted category and fixed an annual cap of three lakh tonnes for their import. Th...
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...
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