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Sensex, Nifty both surged on Thursday ahead of release of numbers on IIP and inflation later in the day. (Photo: AFP)

Q2 reportcard, PMI data to drive markets this week

Over the last week, the Sensex recorded handsome gains of 767.26 points or 2.37 per cent.

29 Oct 2017 4:09 PM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Note ban anniversary on Nov 8: RBI says still verifying banned notes

The RBI said it has processed about 1,134 crore pieces of Rs 500 notes and 524.90 crore pieces of Rs 1,000 notes.

29 Oct 2017 3:47 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC holds board-meeting at high sea

ONGC's new Chairman Shashi Shanker convened the company's 299th board meeting at a platform on Mumbai High field on...

29 Oct 2017 3:29 PM IST

Amazon CEO, Jeff Bezos

Amazon CEO Jeff Bezos topples Bill Gates to become richest man in the...

Amazon stocks zoomed 13 per cent, its biggest leap in two and a half years, swelling Bezos' portfolio by USD 10.4...

29 Oct 2017 1:55 PM 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.

Businesses under composition scheme to soon start filing GST returns

Around 15 lakh businesses opted for composition scheme, which allows them to pay taxes at a concessional rate.

29 Oct 2017 1:34 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

Govt may rope in LIC in PSU bank recap programme

Finance Minister Arun Jaitley last week said that there were multiple options before the government for recap bonds.

29 Oct 2017 12:58 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

GSTN officials to call taxpayers for feedback on portal

GSTN Chairman Ajay Bhushan Pandey said about 500 calls a day are made from a full fledged call centre.

29 Oct 2017 12:43 PM IST

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

FPI inflow to captial market rises to USD 3 billion in October

This follows a net outflow of over Rs 10,000 crore from the capital markets in the month of September.

29 Oct 2017 12:35 PM IST

Aadhaar is a 10-digita unique identity given to every Indians.

Govt, bank staff to biometrically sign off Aadhaar enrolment

A process for this additional layer of security is being evolved and the proposed mechanism is likely to be in place by...

29 Oct 2017 12:18 PM IST

Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

Russian, Japanese cos keen on supplying amphibious aircrafts: Gadkari

The government has already urged global investors to tap the potential of seaplanes in the country.

29 Oct 2017 11:55 AM IST

Lower interest rates coinciding with a hard discount or some other money-saving offer is likely to propel fence-sitting buyers to enter the market, says property consultant Jones Lang LaSalle. (Photo: Pixabay)

Lower rates, discounts to bring fence-sitting buyers in market

It is frequently said that buyers may be waiting for lower interest rates on home loans, especially in affordable...

29 Oct 2017 10:54 AM IST

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

SBI General posts Rs 251 crore profit in Q2

The company's gross premium increased to Rs 926 crore from Rs 690 crore a year ago.

29 Oct 2017 10:19 AM IST