Friday, Dec 09, 2016 | Last Update : 11:13 AM IST

Economy

RBI governor Urjit Patel (Photo: PTI)

Issued Rs 4.27 lakh crore notes post notes ban: RBI

The RBI has also made arrangements for supply of adequate quantity of banknotes in various denominations to the public through banks.

The newly-issued Rs 500 notes.

Costly shot at stash

After 30 days of cash shortage, we try to look at how far India has succeeded in flushing out black money from the system.

(Representational Image)

No service tax on debit, credit card payments up to Rs 2000

Move likely to give an option to go cashless to cash-starved populace clamouring for more money in hand.

Finance Minister Arun Jaitley speaks in the Lok Sabha. (Photo: PTI)

Govt wants Rs 59,970 crore for extra spending

Biggest spending Rs 6 lakh crore sought for intorducing Market Stabilisation Scheme.

Market

Globally, gold rose 0.4 per cent to USD 1,178.36 an ounce in Singapore.

Gold prices fall by Rs 59 on profit-booking

Gold is trading at Rs 27,855 per 10 ten grams.

 OPEC and non-OPEC oil producers will meet again this weekend in Austria's capital to discuss the details of last week's agreement.

Oil prices rise on US crude stock decline

International Brent crude futures were trading up 4 cents at $53.04 a barrel.

Bombay Stock Exchange

Sensex surges 300 points, Nifty above 8,200-mark

NSE Nifty regained the key 8,200-mark by surging 100.45 points or 1.23 per cent to 8,202.50.

Rupee is trading at 67.44 against the dollar in early trade.

Rupee gains 19 paise against dollar in early trade

Forex dealers said weakness in the dollar against other currencies overseas supported the rupee.

Credit Suisse on Wednesday revised its 2017 gold price to $1,338 per ounce from its prior view of $1,438.

Gold firm on weaker dollar ahead of ECB meeting

US gold futures GCcv1 were nearly flat at $1,177 an ounce.

Companies

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.

ED to probe Rs 22 cr alleged fraud at AirAsia

The probe will also look at a specific transaction of Rs 12 crore, out of Rs 22 crore, made to a Singaporean firm.

Representational image.

Bring natural gas under GST: Qatar's RasGas

Gulf company says move will make taxes on green fuel uniform and spare consumers from cascading multiple levies.

 Ousted Tata Sons Chairman Cyrus Mistry

Negative returns in Tata Steel Europe a risk to group: Mistry

Total capital employed in Tata Steel Europe grew from Rs 67,000 cr in FY12 to Rs 93,500 cr in FY15.

The entire drive is to serve not only Yes Bank customers but the general public, he said, adding the bank is servicing its own customers well through ATMs and branch network.

Soon, Ola cabs will drive to your doorstep with cash

Both Yes Bank and Ola cabs are working on that solution and it requires system and technology integration.

Autos

Sales of commercial vehicles were down 11.58 per cent at 45,773 units in November. (Representational Image)

Car sales edge up in Nov, passenger vehicles up 1.82 pc

Vehicle sales across categories registered a decline of 5.48 per cent at 15,63,665 units, from 16,54,407 in November 2015.

The Stepway Edition introduces quite a few changes to both the exterior and the interior of the car.

Renault introduces Lodgy Stepway Edition

The new edition has a starting price tag of Rs 9.43 lakh that goes all the way up to Rs 11.26 lakh (ex-showroom, Delhi).

The Benelli 302R employs a newly designed trellis frame which is significantly lighter than the older frame and also improves the handling dynamics of the bike.

Upcoming new bikes in December

The 302R will be the first fully-faired motorcycle from the Italian maker in the Indian market.

Let's see what the ‘Crest’ editions has to offer.

VW launches Polo, Ameo and Vento Crest editions

All three cars are available at monthly EMIs of Rs 10,999, Rs 14,999 and Rs 11,999, respectively.

The Clubman is expected to cost around Rs 40 lakh.

Mini Clubman India launch on December 15

Mechanically, the Indian variant is likely to be offered with the 2.0-litre, four-cylinder, diesel and petrol engines.

In Other News

Tata Steel UK plant

Tata steel shares surge 5 percent in morning trade

Shares of the company opened on a bullish note, then surged to touch an early high of Rs 432.60.

In the second week, between November 16 to 22, the flow was Rs 11,347 crores. (Photo: PTI)

Jan Dhan sees dip in inflows

The average per account deposit in Jan Dhan accounts is Rs 13,113 for this entire period from 8th November to 2nd December.

Ratan Tata

Ratan Tata writes letter to stakeholders

Tata appealed to shareholders to support the EGM resolution.

GDP growth estimate lowered to 7.1% from earlier projection of 7.6% for FY 16-17.

Rates held: Bold move from RBI, says finance ministry

Global cues and volatile market had RBI’s hands tied.