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ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round

Oil and Natural Gas Corp bid for 26 blocks on its own and another 11 with partners.

2 May 2018 1:20 PM IST

The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.

ADB board to discuss 'Strategy 2030' to build 'prosperous' Asia

Economic Affairs Secretary Subhash Chandra Garg will represent India at the meet.

2 May 2018 1:03 PM IST

Volkswagen AGs Czech division Skoda said it will shift some production of sport-utility vehicles (SUVs) to Germany to meet growing demand for its models.

Volkswagen's Skoda shifts some SUV production to Germany

Skoda said it will assign some production of its latest Karoq SUV to a Volkswagen plant in Germany.

2 May 2018 12:49 PM IST

Indian Railways (Photo: PTI)

Railways reverse auction will save Rs 20,000 crore annually

Currently, Indian Railways has an annual total capex of Rs 1,50,000 crore.

2 May 2018 12:34 PM IST

Shares in Samsung BioLogics Co Ltd tumbled nearly 20 per cent on Wednesday.

Samsung BioLogics loses USD 6 billion in stocks

Samsung BioLogics reported a 1.9 trillion won (USD 1.77 billion) net profit in 2015.

2 May 2018 12:23 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland sales up 78.8 per cent in April

Hinduja Group flagship company Ashok Leyland on Wednesday reported 78.8 per cent jump in total sales.

2 May 2018 12:12 PM IST

Apple iPhone 8, iPhone 8 Plus use LCD panels (Representative Image)

Apple putting lot of energy in India to tap opportunities, says Tim...

Apple's Mac set a new March quarter revenue record, including new records in both the Americas and Greater China.

2 May 2018 12:05 PM IST

A total of eight out of 23 industry groups in the manufacturing sector grew in July 2017 compared to the corresponding month last year.

Manufacturing sector growth rises marginally in April: PMI

Nikkei India Manufacturing Purchasing Managers Index (PMI), rose from 51.0 in March to 51.6 in April.

2 May 2018 11:23 AM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold futures rise 0.24 per cent on global cues

Globally, gold rose 0.48 per cent to USD 1,309.90 an ounce in Singapore.

2 May 2018 11:10 AM IST

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

Bonds gain after RBI relaxes foreign investment rules

The benchmark 10-year bond yield was down 5 basis points at 7.72 per cent by 0337 GMT.

2 May 2018 11:00 AM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj Auto total sales up 26 per cent in April

The company had sold 3,29,800 vehicles units in the same month last year.

2 May 2018 10:18 AM IST

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

Sensex, Nifty turn cautious ahead of US Fed policy outcome

NSE Nifty turned choppy and was trading 1.75 points, or 0.02 per cent, lower at 10,737.60.

2 May 2018 10:14 AM IST