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Prime Minister Narendra Modi at the Vibrant Gujarat Global Summit 2017, in Gandhinagar, Gujarat. (Photo: AP)

Cash-starved SMEs in Gujarat triggered banks' recap

Modi was already facing criticism from some businesses for the disruption to the economy caused by note ban and GST.

27 Oct 2017 10:50 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee weakens 25 paise against US dollar

Forex dealers said the dollar strengthened against major global currencies which hit the rupee sentiment.

27 Oct 2017 10:21 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex touches new high at 33,270.62, Nifty breaches 10,366-mark

Major gainers were Kotak Bank, Cipla, NTPC, Maruti, Tata Motors, Adani Ports, Sun Pharma and L&T.

27 Oct 2017 10:15 AM IST

Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year. (Photo: AFP)

Twitter says it could turn first-ever profit, shares soar

Twitter has put in efforts to hook people through live-streaming deals, like professional golf and news programs.

27 Oct 2017 10:01 AM IST

United Spirits on Friday reported an 85.57 per cent increase in its net profit at Rs 153.1 crore for the quarter ended September 30. (Photo: Pixabay)

United Spirits records 85 per cent rise in Q2 net profit

The company's brands include those of McDowell's No 1 family, Royal Challenge, Antiquity and Black Dog scotch, among...

27 Oct 2017 9:49 AM IST

China tops the tally with 167 such companies followed by the US which has 121, says a Credit Suisse report.

India ranks 3rd in list of family-owned businesses

in terms of average size, the ranking changes much more in favour of developed markets, the report said.

27 Oct 2017 5:13 AM IST

Asian billionaires compared to 563 of the super-rich in the US, though the total wealth of American billionaires is still higher at $2.8 trillion compared to $2.0 trillion in Asia, said a report published on Thursday by UBS and PwC that tracks 1,542 billionaires globally.

Chinese boom helps Asia pip US in billionaires count

The total wealth of billionaires rose by 17 percent in 2016 to $6.0 trillion after falling in 2015, said the report.

27 Oct 2017 5:06 AM IST

Prime Minister Narendra Modi

Political gains may be key for policy, says Experts

Policies to contain a shade of populism till election.

27 Oct 2017 5:00 AM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Businesses can now claim GST transition credit till Nov 30

TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on July...

26 Oct 2017 8:57 PM IST

The Telecom Department and UIDAI are going to put in place a method for mobile number verification of NRIs and foreign tourists.

SIM verification method for NRIs, tourists likely in 2-3 weeks

Operators have been asked to submit by November 15 a blueprint of the process to operationalise new modes of SIM...

26 Oct 2017 8:48 PM IST

Vodafone on Friday launched its SuperWeek plan that offers unlimited calling and 500 MB data at about Rs 69 with 7 days of validity. (Photo: PTI)

Vodafone offers unlimited calls, 500 MB data for 7 days at Rs 69

Repeat purchases of the pack can be made, Vodafone said, adding that the new packs are available now.

26 Oct 2017 8:17 PM IST

SBI chief Arundhati Bhattacharya

Ex-SBI chief says banks should've been given more time for note ban

According to former SBI chairman Arundhati Bhattacharya, more time was required to assess if note ban was a correct...

26 Oct 2017 8:07 PM IST