Ishaat Hussain replaces Cyrus Mistry as TCS Chairmain
Tata Sons has appointed Ishaat Hussain as the Chairman of the group's hugely successful IT firm TCS in place of Cyrus Mistry, who was ousted last mont...
Banks to remain open on Saturday & Sunday to help exchange their old notes
Banks across the country will remain open on Saturday and Sunday as the government gears up to implement demonetisation of high-denomination currency ...
Direct tax collection on 10.6% to Rs.3.77 lakh cr
Direct tax collections have soared over 10 per cent during the April-October period of 2016-17 of current financial year on higher personal tax receip...
Deposits above Rs.2.5 lakh to invite penalty on income mismatch
The Government has warned that the cash deposits above 2 lakh 50 thousands rupees threshold under the 50-day window can attract tax plus a 200 percent...
New series of Rs.500 & 2000 notes to be available from today
Union Finance Minister Arun Jaitley has said that the new series of 500 and 2,000 rupees notes will be available in banks and post-offices from today ...
Stock markets tumble, rupee down; investors lose Rs.6 trn
Stock markets tumbled today with an estimated Rs 6 lakh crore getting wiped off from the invested wealth within seconds of opening trade as Sensex plu...
Sensex crashes 1,689 points on black money crackdown, US election
On frantic selling, stock market benchmark BSE Sensex crashed nearly 1,689 points and Nifty plunged by over 541 points on early US election trends sho...
Real estate shares tumble 20 pc in early trade
Realty stocks plunged up to 20 per cent in early trade today with scrips of Unitech and DLF taking a major hit following the government’s measures to ...
Rupee dives 23 paise on black money crack down
Rupee plummeted by 23 paise to 66.85 against the US dollar in early trade today on the government’s surprise move to ban Rs 500 and Rs 1,000 currency ...
Gold demand drops 28% to 195 tonnes in Q3
Demand for gold in India for the third quarter of calendar year 2016 (Q3 CY16) declined 28% to 194.8 tonnes when compared with 271.1 tonnes in the sam...
Banks to open more counters, work extra hours to exchange notes
Banks will open additional counters and work extra hours beginning Thursday to help people exchange Rs 500 and Rs 1000 notes that have been declared i...
Sensex surges 142 points ahead of US election
The benchmark BSE Sensex gained nearly 142 points in early trade today, extending its yesterday’s rally driven by revived investor confidence on impro...
RBI appoints M Rajeshwar Rao as new ED
The Reserve Bank has appointed M Rajeshwar Rao as Executive Director following G Mahalingam's taking voluntary retirement from the central bank. RBI s...
Sensex rallies 317 points on FBI reprieve for Clinton
Reversing its five-day losing streak, the benchmark Sensex surged 317 points and the NSE Nifty reclaimed the 8,500-mark today amid positive developmen...
Petrol price up by 89 paise/litre, diesel by 86 paise
The price of petrol has gone up by 89 paise per litre and diesel by 86 paise a litre. The price hike announced by Indian Oil Corporation is excluding ...
Samsung recalls 2.8 million washing machines in US
Korean electronics major Samsung is recalling about 2.8 million washing machines in the US market after reports of injuries, in an another jolt to the...
CII launches unique platform 'Startup Mentorship Circle'
In view of Prime Minister Narendra Modi’s vision of nurturing entrepreneurship, Confederation of Indian Industry (CII) has launched a unique platform ...
Sensex drops 43 points on weak global cues
BSE Sensex lost further ground this morning by declining 43 points on sustained capital outflows by foreign funds and selling by retail investors amid...
Airtel provides more interconnection points
Bharti Airtel on Thursday said it has provided over 7,000 additional points of interconnect (PoIs) to Reliance Jio, taking the total number of those p...
Govt imposes anti-dumping duty on certain Chinese steel products
Centre has imposed anti-dumping duty on imports of steel wire rods from China to protect domestic manufacturers from cheap in-bound shipments. The Dep...
GST Council finalises 4-tier rate structure
Union Finance Minister Arun Jaitley has said that half the items in Consumer Price Index basket like foodgrains, would not be taxed at all under Goods...
SBI cuts home loan rates by 0.15%
State Bank of India has lowered its interest rates by 0.15% for its home loans up to Rs 75 lakh with effect from November 1, 2016, as part of its fest...
S&P retains India's rating at BBB
Dashing the government's hope of improved credit rating, S&P retained India's rating at 'BBB-' with a stable outlook and ruled out any upgra...
Sensex slides further by 81 points today
Continuing its downward trend, the BSE Sensex fell about 81 points and the NSE Nifty broke below the 8,500-mark in early trade today amid weak global ...
India's gross-value added growth to hit 7.6% this year: DBS
India's gross value added growth is expected to reach 7.6 per cent this year from 7.2 per cent last year. While private sector activity remains subdue...
Pay I-T dues in advance to avoid last minute rush: RBI
Reserve Bank of India has authorized 29 agency banks to accept payments of Income Tax dues. In a press release, the RBI has appealed to tax payers to ...
Sensex crashes 288 points on US poll fears
The benchmark BSE Sensex crashed by 288 points and the NSE Nifty dipped below 8,600 mark in early trade as investors cut down their bets, tracking a w...
Non-subsidised and subsidised LPG prices hiked
State-run oil marketer Indian Oil Corp. (IOC) on Monday hiked prices of non-subsidised LPG, or cooking gas, by Rs 37.50 per cylinder and by Rs 2 for a...
India's manufacturing sector growth hits nearly 2-year high in Oct: PMI
Manufacturing sector growth in India hit a 22-month high in October, driven by a sharp and accelerated increase in new orders, purchasing activity and...
Rupee strengthens 12 paise against US dollar in early trade
The rupee strengthened by 12 paise to 66.67 against the US dollar in early trade on increased selling of American currency by exporters and banks amid...
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