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The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Gold seen at highest annual price for five years in 2018, says GFMS

Gold would average USD 1,360 an ounce this year, up 8 per cent from 2017.

8 May 2018 2:20 PM IST

Mutual funds industry has added 32 lakh new investors over the last one year mainly due to a spirited promotion campaign by the industry, a senior Amfi official said on Wednesday.

Mutual funds log Rs 1.4 lakh crore inflow in April

Investors are moving towards financial asset class for investment instead of buying traditional asset classes.

8 May 2018 2:08 PM IST

Maruti Suzuki MD and CEO Kenichi Ayukawa (right) and senior ED R.S. Kalsi pose with new Swift after its launch at the Auto Expo 2018 in Greater Noida. (Photo: PTI)

Maruti to check 52,686 new Swift, Baleno for faulty brake vacuum hose

Brake vacuum hose is a rubber pipe that creates and releases vacuum while applying brake.

8 May 2018 1:59 PM IST

Along with increasing its fleet size to 10 planes, AirAsia India also expects to have a headcount of around 1,000 by the end of March next year.

AirAsia India to connect Surat from Bengaluru starting June

AirAsia will fly daily to Surat from Bengaluru with an Airbus A20 plane.

8 May 2018 1:36 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank shares soar nearly 9 per cent post Q4 results

Total income on consolidated basis rose to Rs 33,760 crore as against Rs 28,603 crore.

8 May 2018 1:29 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex pares gains, up 95 points in late morning deals

The broader Nifty-50 index was trading up by 23.50 points, or 0.22 per cent at 10,739.00.

8 May 2018 11:47 AM IST

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 extends gains, climbs 181 points on global cues

NSE Nifty traded above the 10,750 mark by gaining 43.05 points, or 0.40 per cent, to 10,758.55.

8 May 2018 10:09 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee slips 7 paise against dollar in early trade

Rupee is trading at 67.20 against dollar in early trade due to appreciation of American currency overseas.

8 May 2018 9:44 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Banks to opt for liquidation if bid prices are low: SBI

The first set of 12 large corporate defaulters identified by the central bank in June last year.

8 May 2018 8:59 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Private firms to do taxpayer profiling, fraud analysis

Infosys has been barred from bidding for the GSTNâ€ˆproject to avoid conflict of interest.

8 May 2018 8:53 AM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Walmart likely to announce Flipkart deal before end of week: sources

Walmart and Google parent Alphabet Inc will buy up to 75 per cent of Flipkart.

8 May 2018 8:25 AM IST

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

Oil prices fall as market awaits Trump decision on Iran

WTI crude futures CLc1 fell 63 cents, or 0.9 per cent, to $70.10 a barrel.

8 May 2018 8:17 AM IST