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The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Sensex, Nifty hit fresh highs; bank stocks drive rally

Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800.

18 Jan 2018 4:13 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Trai holds industry-wide consultation on spectrum auction

The last auction held in 2016 had seen a muted response mainly because of high spectrum cost.

18 Jan 2018 4:06 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India Ratings projects economic growth at 7.1 pc next fiscal

Ind-Ra expects retail and wholesale inflation to come in at 4.6 per cent and 4.4 per cent.

18 Jan 2018 3:40 PM IST

Security is ensured by the unique property that quantum correlations can only be shared between the devices that created them, ensuring no hacker can learn the key.(credit : Pixabay)

Maharashtra to ditch data hubs for virtual cloud storage

Cloud technology is a virtual space that allows one to store data as well shares it with multiple users.

18 Jan 2018 2:45 PM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

Foreign exchange earnings in 2017 grow by 17 per cent in 2017

Growth rate in FEEs in rupee terms in December 2017 over December 2016 has increased to 17.9 per cent.

18 Jan 2018 10:41 AM IST

SBI is Indias largest public sector lender. (Photo: PTI)

SBI to raise Rs 20,000 cr for affordable housing, infra

Bank did not specify whether the borrowing would be in rupee denomination or foreign currency.

18 Jan 2018 10:36 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

GST Council may simplify returns filing norms on Thursday

GSTN has launched an initial trial run for e-way bill mechanism in which 10 states have joined.

18 Jan 2018 10:32 AM IST

Bombay Stock Exchange

Sensex hits another peak of 35,476; Nifty at 10,887 mark

The 30-share index rallied by 394.88 points, or 1.12 per cent, to hit the peak of 35,476.70.

18 Jan 2018 10:03 AM IST

Lower opening in the domestic equity market put the rupee on the back foot.

Rupee up 5 paise against dollar in early trade

Rupee is trading at at 63.83 against dollar at Interbank forex market on sustained foreign capital inflows.

18 Jan 2018 9:43 AM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

India's gold imports up 53 per cent to 846 tonne

Global prices of gold remained lower between USD 1,200 per ounce and USD 1,300 per ounce.

17 Jan 2018 5:42 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Direct tax mop-up jumps 19 pc to Rs 6.89 lakh cr this fiscal

Collections till January 15, 2018 represent over 70 pc of Rs 9.8 lakh crore revenue target from direct taxes.

17 Jan 2018 5:32 PM IST

By hiring top talent from Indias leading educational institutions, we will take our disruptive offline-to-online model to more brands and retailers across the country.

Paytm Mall to recruit 150 graduates from IITs, IIMs

Talent acquisition is aimed at bolstering Paytm Mall operations, and is in line with its long-term strategy.

17 Jan 2018 4:30 PM IST