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Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty turn choppy on weak global cues

The 30-share index trading lower by 54.01 points, or 0.15 per cent, at 35,324.59.

4 July 2018 10:17 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee gains 10 paise in opening trade

A higher opening in the domestic equity market influenced the rupee uptrend.

4 July 2018 10:05 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC posts 33 per cent increase in investment profits

As at March 31, 2018, LIC balance sheet increased to Rs 27.91 lakh crore compared to Rs 25.29 lakh crore.

4 July 2018 9:03 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices climb on tightening US market

US crude inventories fell by 4.5 million barrels in the week to June 29 to 416.9 million barrels.

4 July 2018 8:51 AM IST

Telecom Minister Manoj Sinha

Centre to clear Voda-Idea merger after DoT okays

It is estimated to have over 40 crore mobile customers from day 1 and 41 per cent revenue market share for the combined...

4 July 2018 1:17 AM IST

Prime Minister Narendra Modi. (Photo: PTI/File)

Limit populist spend ahead of polls: UBS

Urges Reserve Bank to hike rates in its next meeting.

4 July 2018 1:17 AM IST

Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

Nitin Gadkari rules out stopping highway toll collection

The minister said toll collection can "never go" if funds are to be raised for constructing roads.

3 July 2018 7:41 PM IST

Evidence suggests that Tether may have been used to manipulate the price of bitcoin.

Supreme Court backs RBI ban on virtual currency

RBI had restricted all the banks and financial institutions from using crypto currency.

3 July 2018 7:01 PM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB to shutter most operations at fraud-hit Mumbai branch, say sources

India's second-largest state lender seeks to tighten controls and restore its reputation.

3 July 2018 5:48 PM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

Telecom Commission to discuss new policy on July 11

It aims to attract USD 100 billion or about Rs 6.5 lakh crore investments in the digital communications sector by 2022.

3 July 2018 5:35 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

3 July 2018 5:27 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

IHH Healthcare submits fresh bid for Fortis

The company had earlier scrapped its decision to opt for the offer by the Munjal-Burman combine to invest Rs 1,800 crore...

3 July 2018 5:19 PM IST