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FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs' net outflow from equities at Rs 7,300 cr in Dec so far

Fiscal deficit data overshadowed a strong GDP growth of 6.3 per cent for September quarter.

25 Dec 2017 11:10 AM IST

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

GST refund woes hit Bengal jewellery exports

An additional Rs 4,000 crore worth of jewellery manufactured in the state was also exported from ports like Mumbai.

25 Dec 2017 10:42 AM IST

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

Economic growth may touch 7 per cent in 2018: report

Inflation may range between 4 to 5.5 per cent towards the second half of the next calendar year.

25 Dec 2017 10:31 AM IST

Open to improvements in Aadhaar-based privacy framework: Jaitley

Jaitley pointed out that curb on linkages through Aadhaar has led to huge savings for the government.

25 Dec 2017 10:25 AM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance aims to become big clean energy provider: Mukesh Ambani

India is one of the world's biggest users of coal, and renewable energy.

25 Dec 2017 10:19 AM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Offshore India funds, ETFs register USD 565 mn inflows in Nov

India-focussed offshore funds have seen an investment of USD 501 million last month.

25 Dec 2017 10:13 AM IST

Founder Chairman of Infosys N R Narayana Murthy

Murthy hits out at AI hype, greedy leaders

Tells bizmen to put pay hikes for themselves on hold.

25 Dec 2017 1:21 AM IST

In 2017 till date, overseas investors have invested just Rs 49,835 crore.

Small investors fuel MFs' rise to equity dominance

According to AMFI, the assets under management of the MF industry stood at Rs 22.79 lakh crore in November 2017.

25 Dec 2017 12:07 AM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Assocham expects India to grow at 7 per cent in 2018

Assocham said weak base of earnings in sync with the lowering of GDP growth in later part of 2017 would also help the...

25 Dec 2017 12:07 AM IST

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

Negative bias against dollar weighs on rupee

Forex market rupee resumed lower at 64.15 from last Friday's close of 64.04 on fresh bouts of dollar demand.

23 Dec 2017 6:16 PM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Air India launches direct Amritsar-Nanded flight

The plane will depart from Amritsar at 10.55am and arrive at Nanded at 1.10pm.

23 Dec 2017 5:57 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys completes Rs 13,000 crore buyback

Share buybacks typically improve earnings per share and return surplus cash to shareholders.

23 Dec 2017 5:01 PM IST