Business
Rupee Slides for 2nd Day, Down 8 Paise at 64.24
Business April 28, 2017 06:50 PM
The rupee lost further ground today and finished lower by 8 paise at 64.24 a dollar on sustained month-end demand for the US currency from
Sensex, Nifty Scale Lifetime Highs on Fund Inflow, Asian Cues
Business April 26, 2017 10:25 AM
The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 -- both lifetime highs -- in opening trade
Sensex Climbs 168 Pts on RIL Earnings, Positive Global Cues
Business April 25, 2017 10:06 AM
The benchmark BSE Sensex climbed almost 168 points in early session today as sentiments rose with Reliance Industries' better-than-expected fourth quarter earnings numbers which were
  • The rupee strengthened by 10 paise to 64.34 against the US dollar in early trade today on increased selling of the American currency by banks
Rupee Gains 12 Paise Against US Dollar
Business April 24, 2017 10:41 AM
The rupee recovered by 12 paise to 64.49 against the US dollar in early trade today on increased selling of the American currency by exporters
Rupee Logs 1st Fall in 3 Days, Down 5 Paise to 64.61
Business April 21, 2017 07:23 PM
Snapping its two-session uptrend, the rupee today slipped by 5 paise to 64.61 a dollar due to demand uptick for the American currency and persistent
Wipro Sacks Hundreds of Employees Post Annual 'Performance Appraisal'
Business April 20, 2017 07:45 PM
The country's third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal". According
Rupee Logs First Gain in 3 Days, Up 5 Paise
Business April 19, 2017 07:20 PM
The rupee today staged a mild recovery after two sessions of losses and edged up 5 paise to end at 64.58 a dollar on fresh
Rupee Falls by 11 Paise Against Dollar on Fund Outflows
Business April 18, 2017 07:48 PM
The rupee lost further ground against the US currency today ending lower by 11 paise at 64.63 on dollar demand from importers amid growing geopolitical
ED Issues Notice to Karti Chidambaram for Forex Violations
Business National April 17, 2017 05:23 PM
The Enforcement Directorate (ED) has issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violations of the FEMA
Data War: Airtel Doles Out Free Data to Postpaid Subscribers
Business April 16, 2017 03:10 PM
Mobile operator Bharti Airtel is handing out free high-speed data to its postpaid subscribers for the next three months to counter aggressive offerings by newcomer
Digital Transactions Shoot Up 23 Times Post Note Ban to 64 Lakh
Business April 14, 2017 06:35 PM
Digital transactions increased by about 23 times in March to nearly 64 lakh, with total value of Rs 2,425 crore, from last November when demonetisation
Ravi Venkatesan Named Infosys Co-Chairman
Business April 13, 2017 07:48 PM
Infosys today elevated its Independent Director Ravi Venkatesan as co-Chairman, a move that is being widely seen as a step taken by the Board to
Retail Inflation Hits 5-Month High of 3.81% in March
Business April 12, 2017 06:49 PM
Retail inflation jumped to 5-month high of 3.81 per cent in March on costlier protein items, edible oils and non-food products like fuel and light.
Tesla Overtakes Top US Automaker General Motors In Market Value
Business April 11, 2017 12:06 PM
Tesla Motors overtook top US automaker General Motors in market capitalisation today following an upbeat report by an investment analyst citing the electric carmaker's "captivating"
Sensex Logs a Fall of 131 Points as Caution Sets In
Business April 10, 2017 05:35 PM
Stocks retreated for the third day today as the Sensex slumped 131 points to end at 29,576, a nearly two-week low, ahead of the start
Jio Complimentary Offer Not in Sync With Regulations, says Trai
Business April 07, 2017 04:32 PM
Trai Chairman R S Sharma today said the telecom regulator has advised Reliance Jio to stop 'complimentary' service offer as it was not in accordance
  • The rupee weakened by 13 paise to 64.65 against the US dollar in early trade today at the Interbank Foreign Exchange market due to appreciation
India Ranks 9th Among 41 Countries in Corruption in Business
Business National April 06, 2017 03:33 PM
India ranks ninth among 41 countries in bribery and corrupt practices in businesses, according to the findings of a recent survey. Nearly 78 per
SEBI Survey Says 78 Percent Of Indian Investors Still 'Call In' Trades Than Use The Internet
Business April 05, 2017 07:36 PM
When it comes to stock trading, a vast majority of 78 per cent investors in India continue to "call in" their trades, while just 22
Rupee Slides for 2nd Day, Down 8 Paise at 64.24
Business April 28, 2017 06:50 PM
The rupee lost further ground today and finished lower by 8 paise at 64.24 a dollar on sustained month-end demand for the US currency from
Sensex Ends Below 30,000, Rings in Biggest Gain in Six Weeks
Business April 28, 2017 05:37 PM
Market benchmark Sensex hit a soft patch for the second day running as it retreated from record highs to close below the 30,000 mark today
Jaitley Cautions Against Rising Trend of Protectionism
Business April 28, 2017 04:22 PM
Finance Minister Arun Jaitley today sounded a note of caution on protectionism, saying the world should debate whether it would make the global economy more
Sensex, Nifty Scale Lifetime Highs on Fund Inflow, Asian Cues
Business April 26, 2017 10:25 AM
The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 -- both lifetime highs -- in opening trade
Rupee Near 21-Month High, Gains 19 Paise in Early Trade
Business April 26, 2017 09:47 AM
The rupee appreciated by 19 paise to trade at nearly 21-month high of 64.07 against the dollar in early trade today at the Interbank Foreign
Sensex Climbs 168 Pts on RIL Earnings, Positive Global Cues
Business April 25, 2017 10:06 AM
The benchmark BSE Sensex climbed almost 168 points in early session today as sentiments rose with Reliance Industries' better-than-expected fourth quarter earnings numbers which were
Rupee Up 10 Paise in Early Trade
Business April 25, 2017 09:53 AM
The rupee strengthened by 10 paise to 64.34 against the US dollar in early trade today on increased selling of the American currency by banks
Rupee Gains 12 Paise Against US Dollar
Business April 24, 2017 10:41 AM
The rupee recovered by 12 paise to 64.49 against the US dollar in early trade today on increased selling of the American currency by exporters
Sensex Up 97 Pts in Early Trade Ahead of RIL Earnings
Business April 24, 2017 10:19 AM
The BSE benchmark Sensex gained over 97 points in early trade today as investors took to optimistic buying ahead of Reliance Industries' quarterly earnings amid
Rupee Logs 1st Fall in 3 Days, Down 5 Paise to 64.61
Business April 21, 2017 07:23 PM
Snapping its two-session uptrend, the rupee today slipped by 5 paise to 64.61 a dollar due to demand uptick for the American currency and persistent
Sensex Slips 57 Pts, Ends in Red for Second Week
Business April 21, 2017 05:22 PM
Benchmark Sensex frittered away a good start to finish 57 points lower today, with investors choosing to book profits amid mixed global cues. The
Wipro Sacks Hundreds of Employees Post Annual 'Performance Appraisal'
Business April 20, 2017 07:45 PM
The country's third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal". According
Rupee Edges Up to 64.56 Vs US Dollar
Business April 20, 2017 07:00 PM
The rupee managed to pull things back towards the fag-end and edged higher by 2 paise to 64.56 a dollar on emergence of mild selling
Sensex Extends Gains, Up 86 Pts on Bargain Hunting
Business April 20, 2017 06:24 PM
Markets finished higher for the second straight session today, with benchmark Sensex rising 86 points as investors snapped up recently beaten down counters amid upbeat
FinMin Approves 8.65% Rate on EPF for 2016-17
Business April 20, 2017 03:55 PM
Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8.65 per cent interest rate on EPF deposits for 2016-17. The minister's
Rupee Logs First Gain in 3 Days, Up 5 Paise
Business April 19, 2017 07:20 PM
The rupee today staged a mild recovery after two sessions of losses and edged up 5 paise to end at 64.58 a dollar on fresh
Sensex Back in Green, IMD Forecast Holds Out Hope
Business April 19, 2017 05:36 PM
A normal monsoon forecast by IMD kept the hope factor alive for stocks today as the Sensex closed higher -- albeit marginally -- after four
With A Rs 4.6 Lakh Crore Debt, RBI Asks Banks To Closely Monitor Loans To Telecom Sector
Business April 19, 2017 12:42 PM
The RBI asked banks to make higher provisioning for loans to the telecom sector on Tuesday. The sector is facing financial stress and the RBI
Paytm in Talks to Raise Over $1 Bn Funding From SoftBank
Business April 19, 2017 10:26 AM
Fintech company Paytm is believed to be in discussions with Japanese conglomerate SoftBank to raise over USD 1 billion. The deal, if successful, will value the
Rupee Falls by 11 Paise Against Dollar on Fund Outflows
Business April 18, 2017 07:48 PM
The rupee lost further ground against the US currency today ending lower by 11 paise at 64.63 on dollar demand from importers amid growing geopolitical
IMF Trims India's Growth Forecast to 7.2 Per Cent for 2017
Business April 18, 2017 06:53 PM
The IMF today trimmed India's annual growth forecast by 0.4 percentage points to 7.2 per cent for 2017, citing the impact of demonetisation. "In India, the
Sensex Surrenders Early Gains, Sheds 95 Pts on Global Cues
Business April 18, 2017 06:00 PM
Benchmark Sensex gave up its early gains to end lower for the fourth straight session today as investors booked profits amid rising geopolitical concerns. Global markets
ED Issues Notice to Karti Chidambaram for Forex Violations
Business National April 17, 2017 05:23 PM
The Enforcement Directorate (ED) has issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violations of the FEMA
Data War: Airtel Doles Out Free Data to Postpaid Subscribers
Business April 16, 2017 03:10 PM
Mobile operator Bharti Airtel is handing out free high-speed data to its postpaid subscribers for the next three months to counter aggressive offerings by newcomer
Digital Transactions Shoot Up 23 Times Post Note Ban to 64 Lakh
Business April 14, 2017 06:35 PM
Digital transactions increased by about 23 times in March to nearly 64 lakh, with total value of Rs 2,425 crore, from last November when demonetisation
'Pepsi to Sell Bottled Water at Same MRP,' Paswan Warns Strict Action Against Dual MRPs
Business April 14, 2017 03:55 PM
Pepsi's bottled mineral water Aquafina will be sold at the same MRP across the country, Food and Consumer Affairs Minister Ram Vilas Paswan said today. Also,
Ravi Venkatesan Named Infosys Co-Chairman
Business April 13, 2017 07:48 PM
Infosys today elevated its Independent Director Ravi Venkatesan as co-Chairman, a move that is being widely seen as a step taken by the Board to
Rupee Rebounds 26 Paise to 64.41 Against US Dollar
Business April 13, 2017 07:11 PM
The rupee today staged a smart rebound and closed 26 paise higher at 64.41 against the US dollar on account of fresh selling of the
Markets Feel the Infosys Heat, Sensex Dives 182 Pts
Business April 13, 2017 06:28 PM
 Technology stocks took a beating today after Infosys' share buyback plan and revenue outlook failed to move investors as the Sensex dropped 182 points to
Infosys Reports Marginal Growth of Rs 3,603 Crore in Q4 Profit, Firm to Pay Rs 13,000 Crore To Shareholders
Business April 13, 2017 10:30 AM
The country's second-largest IT services firm Infosys today reported a marginal growth in consolidated net profit at Rs 3,603 crore for the quarter ended March
Retail Inflation Hits 5-Month High of 3.81% in March
Business April 12, 2017 06:49 PM
Retail inflation jumped to 5-month high of 3.81 per cent in March on costlier protein items, edible oils and non-food products like fuel and light.
Adani Power Falls for 2nd Day, Tanks 9% on SC Verdict
Business April 12, 2017 06:10 PM
Shares of Adani Power slumped 9 per cent today after the Supreme Court said that power distribution firms cannot charge "compensatory tariff" from consumers and
Sensex Slides 145 Pts as Geo-Political Worries Build
Business April 12, 2017 05:26 PM
A build-up in tension linked to geo-political developments gave markets the blues today as the Sensex lost 145 points at 29,643 while domestic investors sat
Gold Hits Over 1-Month High, Zooms Rs 410 on Global Worries
Business April 12, 2017 03:06 PM
Gold made the most of rising geo-political uncertainty as it rose for the second straight day, with prices surging Rs 410 to an over one-month
Delhi Court Issues Fresh NBW Against Mallya in a FERA Violation Matter
Business April 12, 2017 02:08 PM
A Delhi court today issued an open ended non-bailable warrant against beleaguered businessman Vijay Mallya in a case of allegedly evading summons in a FERA
Tesla Overtakes Top US Automaker General Motors In Market Value
Business April 11, 2017 12:06 PM
Tesla Motors overtook top US automaker General Motors in market capitalisation today following an upbeat report by an investment analyst citing the electric carmaker's "captivating"
Sensex Logs a Fall of 131 Points as Caution Sets In
Business April 10, 2017 05:35 PM
Stocks retreated for the third day today as the Sensex slumped 131 points to end at 29,576, a nearly two-week low, ahead of the start
Settling EPF Claims Through Mobile Phone to Be a Reality Soon
Business April 10, 2017 04:25 PM
Nearly four crore members of retirement fund body EPFO will soon be able to settle their claims like EPF withdrawal through mobile application UMANG.
Flipkart Raises USD 1.4 Bn From Microsoft, eBay, Tencent
Business April 10, 2017 04:15 PM
In a biggest round of funding by an Indian Internet company till date, e-commerce company Flipkart today raised USD 1.4 billion from blue-chip technology companies
Jio Complimentary Offer Not in Sync With Regulations, says Trai
Business April 07, 2017 04:32 PM
Trai Chairman R S Sharma today said the telecom regulator has advised Reliance Jio to stop 'complimentary' service offer as it was not in accordance
Rupee Slips 13 Paise Against US Dollar
Business April 07, 2017 09:59 AM
The rupee weakened by 13 paise to 64.65 against the US dollar in early trade today at the Interbank Foreign Exchange market due to appreciation
India Ranks 9th Among 41 Countries in Corruption in Business
Business National April 06, 2017 03:33 PM
India ranks ninth among 41 countries in bribery and corrupt practices in businesses, according to the findings of a recent survey. Nearly 78 per
RBI Retains Policy Rate at 6.25%, Cites Upside Risk to Inflation
Business April 06, 2017 03:13 PM
The Reserve Bank left its benchmark lending rate unchanged at 6.25 per cent today for the third policy review in a row citing upside risk
Sensex Remains in Red as RBI Keeps Repo Rate Unchanged
Business April 06, 2017 03:03 PM
Market benchmark BSE Sensex was trading lower by 63 points at 29,911.37 in late afternoon trade after the RBI kept its key policy rate unchanged. The
Sensex Trips 122 Points Ahead of RBI Policy
Business April 06, 2017 11:21 AM
Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 points in
Rupee Sheds 18 Paise Against US Dollar
Business April 06, 2017 09:56 AM
The rupee depreciated 18 paise to 65.05 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh demand for
Air India Ticket Sales to US Up By 100 Per Cent After Luggage Ban On Flights From 'Muslim Countries'
Business April 06, 2017 09:48 AM
The US ban on large electronic devices as hand luggage on flights originating from some Gulf countries pushed up Air India's ticket sales to the
SEBI Survey Says 78 Percent Of Indian Investors Still 'Call In' Trades Than Use The Internet
Business April 05, 2017 07:36 PM
When it comes to stock trading, a vast majority of 78 per cent investors in India continue to "call in" their trades, while just 22
GST Bills in RS, Oppn Questions Preparedness on New Tax Regime
Business April 05, 2017 07:21 PM
The Rajya Sabha today took up the four bills related to the GST, with the Opposition questioning the government's preparedness to implement the indirect tax
Rupee Back to Winning Ways, Zooms 16 Paise to 17-Month High
Business April 05, 2017 06:54 PM
The rupee today staged a stellar come back after a brief pause and hit a fresh 17-month peak of 64.87 by gaining 16 paise against
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