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On a capital base of Rs 5 crore, the union said LICs valuation surplus was Rs 53,211.91 crore.

LIC staff union to hold walk-out strike to protest against IPO

The walk-out will take place at all offices of the insurance behemoth across the country.

4 Feb 2020 12:54 PM IST

Alphabet shares slipped slightly in after-market trades that followed release of the earnings report.

Alphabet shares fall as Google misses on sales

Alphabet has blamed currency exchange rates and its constant tweaking of features, saying that it is not focused on...

4 Feb 2020 12:02 PM IST

The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition.

New tax structure gives option to save tax: Revenue Secy

In the new regime, 5 per cent tax is levied on an annual income between Rs 2.5 lakh and Rs 5 lakh.

4 Feb 2020 11:01 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee rises 19 paise against US dollar in early trade

Rising crude prices, foreign fund outflows and strengthening of the American currency weighed on the local unit.

4 Feb 2020 10:25 AM IST

N Chandrasekaran

Remove tags to get more women in workforce: Tata Sons Chairman

Chandrasekaran made the comments here last evening while responding to a related question after the launch the book...

4 Feb 2020 10:12 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex rallies over 400 points; Nifty above 11,800

The 30-share BSE index was trading 438.16 points or 1.10 per cent higher at 40,310.47.

4 Feb 2020 10:08 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

Real estate stakeholders disappointed by Budget 2020

The industry was hoping that the government will come up with measures to boost housing demand.

3 Feb 2020 1:16 PM IST

Tesla is working exclusively with longtime partner Panasonic to supply batteries for its upcoming Model 3.

Panasonic third-quarter profit rises 3 per cent, beating estimates

Panasonic maintained its profit forecast for the year through March at 300 billion yen.

3 Feb 2020 1:07 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Small savings rate may see moderation next quarter: DEA secy

Government refrained from cutting interest rates on small savings schemes, including Public Provident Fund.

3 Feb 2020 12:02 PM IST

On Monday Hinduja Group flagship Ashok Leyland, Indias third biggest commercial vehicle maker, said it will observe a total of 59 non-working days in five plants this month.

Ashok Leyland sales down 40 pc at 11,850 units in Jan

Light commercial vehicle sales last month stood at 3,901 units as compared to 4,870 units in January 2019, down 19.8 per...

3 Feb 2020 11:31 AM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

India's manufacturing sector activity hits near 8-year high in January

The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January

3 Feb 2020 11:26 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee slips 34 paise to 71.66 against US dollar in early trade

Rupee weakened amid concerns of fiscal slippage and rising coronavirus outbreak fears.

3 Feb 2020 10:26 AM IST