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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 up 136 points, Nifty above 10,800 in late morning

The 30-share index was trading higher at 35,580.61, showing a gain of 136.94 points, or 0.39 per cent.

11 Jun 2018 11:42 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

May inflation likely to hit four-month high on oil price surge: report

Consumer price inflation is likely to have accelerated in May, due in large part to a rise in fuel inflation.

11 Jun 2018 11:24 AM IST

Bentayga V8 price starting with Rs 3.78 crore, ex-showroom Mumbai,.

Bentley's 'Sensible' Bentayga V8 launched in India

The V8 is not only touted as the more 'sensible' version but also the sportiest.

11 Jun 2018 11:10 AM IST

Bombay Stock Exchange

Sensex up 149 points, Nifty tops 10,800 in early trade

All the sectoral indices, led by healthcare, realty, and power, were trading in the green with gains of up to 0.86 per...

11 Jun 2018 9:58 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee up 10 paise against dollar

Rupee is trading at 67.40 amid weakness in the greenback against other currencies overseas.

11 Jun 2018 9:39 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI seeks on payments data storage every fortnight

A payment bank official on the condition of anonymity confirmed receipt of the RBI letter.

11 Jun 2018 9:20 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

GST won't stop oil price fluctuations: Economic advisor

GST will not prevent price fluctuations as India is a massive importer of crude.

11 Jun 2018 9:11 AM IST

Under the PSC regime, oil firms are allowed to recover their cost first before earnings from blocks are shared with the government.

Govt plans to reward oil cos with additional exploration rights

Move to open up additional revenue opportunities for incumbent companies.

11 Jun 2018 9:02 AM IST

According to it, 92 per cent of the CEOs are expecting an improvement in consumption demand while 82 per cent said the capacity utilisation at Indian factories are set to increase.

Boost in job creation likely, says survey

Coming to the infra sector, CEOs stated that there is a 'discernible pick-up' now as compared to a few years ago.

11 Jun 2018 12:35 AM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB expects Rs 8,000 crore recovery from NPAs this month

The bank, with its focus on recovery of dues from defaulters, has managed to surpass the total amount recovered in the...

10 Jun 2018 7:41 PM IST

Baba Ramdev promoting Patanjali Chyawanpras

Patanjali to submit revised bid tomorrow to acquire Ruchi Soya

Patanjali group has submitted its undertaking of having no objection to the 'Swiss Challenge' process adopted by the...

10 Jun 2018 5:55 PM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

CAIT threatens nationwide agitation over Walmart-Flipkart deal

The deal will increase malpractices manifold in e-commerce spectrum, it said.

10 Jun 2018 5:45 PM IST