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Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex opens higher despite weak macro data

NSE Nifty went up by 15.55 points, or 0.14 per cent, to 10,822.05.

14 May 2018 10:23 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 gains 12 paise against dollar in early trade

Rupee is trading at 67.21 against dollar in early trade on fresh selling of the US currency by exporters and banks.

14 May 2018 9:33 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB scam: RBI declines to share copies of inspection reports

The scam, considered to be the biggest ever fraud in India's history, came to light earlier this year.

14 May 2018 9:24 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Centre may cut excise duty on petrol, diesel

Government faced strong criticism for holding on to higher duty on petrol and diesel to meet revenue.

14 May 2018 9:17 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)

RBI printing more notes to build cash reserves

The new currencies would not be released for circulation, but would be kept as reserves.

14 May 2018 9:12 AM IST

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

Oil ebbs from multi-year highs on surge in US drilling

Brent and WTI last week reached their highest since November 2014 at $78 and $71.89 per barrel respectively.

14 May 2018 9:05 AM IST

Online travel agency MakeMyTrip and e-commerce giant Flipkart have tied up for online bookings of hotels and flights.

Taxmen seek info on Walmart deal

Under Section 195 of the Act, anyone making payment to non-residents is required to deduct tax (commonly known as...

14 May 2018 1:52 AM IST

NBFCs market share in real estate funding is expected to reach 17.8 per cent by FY20 from 13.7 per cent currently.(Representational image)

Realty cos turn to NBFCs

Analysis shows that the cash flow cover falls with adverse movements.

14 May 2018 1:49 AM IST

Flawless white diamonds, among largest ever offered, to go on sale. (Photo: Pixabay)

Diamond business in India will continue to grow this year: De Beers

India will grow exceptionally, which was affected since last two year due to implementation of GST and demonetisation.

13 May 2018 3:03 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Tax department to seek share purchase pact from Flipkart

The department currently is going through the Section 9(1) of the Income Tax law, which deals with indirect transfer...

13 May 2018 2:01 PM IST

IBM has reported that the active number of participants in its 401(k) pension plan fell to 84,350 last year

IBM India says cyber security a gold mine for jobs

Cyber security professionals are "more productive" as it is a margin accretive vertical.

13 May 2018 1:53 PM IST

E-rickshaw tyres will attract GST at the highest slab of 28 per cent.

28 pc GST to be levied on e-rickshaw tyres, says AAR

e-rickshaws are motor vehicles under the Motor Vehicle Act and are registered as such with the local transport...

13 May 2018 1:46 PM IST