2017 will be a defining year for Flipkart: Sachin Bansal
2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has sai...
Hopeful of resolving issues to roll out GST from April 1: Arun Jaitley
Finance Minister Arun Jaitley today reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all...
Sensex surged over 151 points in opening trade today
Sensex surged over 151 points to breach the 27,000-level and Nifty hit the crucial 8,300-mark in opening trade today following widespread gains as inv...
RBI informed a day before note ban
The Reserve Bank of India has said the government sounded it out on the demonetisation of high-denomination notes.In a note to a parliamentary committ...
World Bank drops India's growth rate to 7%
The World Bank has decelerated India's growth for 2016-17 fiscal to 7 per cent from its previous estimate of 7.6 percent. In its latest report, the Wo...
Sensex climbs 139 points in early trade
The benchmark BSE Sensex gained over 139 points in early trade on Tuesday, snapping its two-day falling streak, supported by value-buying in select bl...
BIS revises Indian Standard on gold hallmarking
Bureau of Indian Standards (BIS) said it has revised Indian Standard on gold hallmarking, which is effective from January 1 this year.The hallmarked g...
Global crude oil prices slips
Global crude oil prices slipped, as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were adhering to...
No additional levy on use of cards at petrol pumps: Dharmendra Pradhan
Petroleum and Natural Gas minister Dharmendra Pradhan said neither the customers nor petrol pump dealers will bear additional charges on digital trans...
Sensex down 53 points in early trade today
The benchmark BSE Sensex slipped 53 points in late morning trade, tracking positive trade in Asian equities even as Oil&gas, Power, Utilities, Tel...
FPIs net outflow at $ 3bn in 2016
Foreign funds pulled out more than 3 billion dollars, from the Indian capital markets in 2016, making it the worst period in last eight years in terms...
General Anti-Avoidance Tax Rule to start from April 2017
The General Anti-Avoidance Rule,GAAR, will kick in from April 1, 2017 said the Central Board for Direct Taxes today. GAAR was part of the 2012-13 Budg...
India’s Forex reserves up by USD 625.5 mn to USD 360.296 bn
India's foreign exchange reserves have recorded a rise of USD 625.5 million to reach USD 360.296 billion in the week ended 30th December 2016. ...
India’s GDP growth estimated at 7.1% this year
The Gross Domestic Product (GDP) growth is estimated at 7(point)1 per cent in 2016-17 as compared to 7(point)6 per cent in 2015-16. Releasing th...
EPFO makes Aadhar mandatory for its pensioners
Employees' Provide Fund Organisation (EPFO) has made Aadhaar mandatory for its about 50 lakh pensioners and around four crore subscribers. Ce...
Sensex up 103 points in early trade today
The market made a solid opening today as the benchmark Sensex gained over 103 points taking support from domestic investors, extending its yesterday's...
Process of counting old 500 & 1000 rupees notes returned to banks still on: RBI
The Reserve Bank has said, the process of counting old 500 and 1000 rupee notes that were returned to the banks is still on. RBI said, as the scheme t...
Paytm gets final nod from RBI to launch payments bank
PayTM, India’s largest wallet service has finally got the permission from Reserve Bank of India to launch the Paytm Payments Bank.“At Paytm Payments B...
Sensex rebounds 171 points on higher Asian cues
The benchmark BSE Sensex rebounded over 171 points and the NSE Nifty regained the 8,200-mark in the opening trade today, reflecting gains in Asia afte...
Net profit of listed private sector companies recorded 16% growth in 2nd quarter: RBI
The Reserve Bank of India has said that net profit of listed private sector companies recorded a robust growth of 16 per cent in the second quarter of...
IBM India names Karan Bajwa as MD
Technology giant IBM today said it has appointed Karan Bajwa Managing Director of its India operations. He succeeds Vanitha Narayana, who has been ele...
Sensex advanced over 58 points in early trade
The benchmark BSE Sensex advanced over 58 points in early session today on continuous buying by domestic institutional investors amid strong global le...
Government says nearly Rs.23,500 cr realized via disinvestment this year so far
Government has realized around 23500 crore rupees during the current financial year so far from disinvestment of its stake in Central Public Sector En...
Sensex recoups 43 points on positive infra data
The BSE Sensex made a modest recovery of over 43 points at the start today on fresh buying, buoyed by a pick-up in infrastructure sector in November c...
Finland to pay unemployed basic income of USD 587 per month
Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros (USD 587), in a social ex...
SBI pushes merger of 5 associate banks to next fiscal year
SBI Chief Arundhati Bhattacharya has hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank could be pushed to the next fin...
Housing and corporate loans set to become cheaper as banks reduce lending rate by upto 1.48%
Housing, auto and corporate loans are all set to become cheaper with half a dozen PSU and private banks steeply reducing benchmark lending rate by up ...
Sensex begins 2017 on negative note
Stock markets opened on a subdued note on the first trading day of 2017, with the benchmark BSE Sensex falling over 132 points in early trade on profi...
SBI cuts lending rate by 90 bps
A day after Prime Minister Narendra Modi asked banks to priorities lending towards poor and lower middle class, country's largest lender SBI cut...
Petrol price hiked by 1.29/litre; diesel by 97 paise
Petrol price has gone up by one rupee 29 paise and diesel by 97 paise per litre excluding state levies as the new rates will came into effect from mid...
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