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The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Govt appoints Michael Patra as RBI Deputy Governor

Patra will serve as the deputy governor for three years from the time of his appointment.

14 Jan 2020 12:11 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: sources

The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

14 Jan 2020 11:00 AM IST

Amazon has since not responded to further requests for comment. (Representational image/ Photo: AFP)

India orders antitrust probe of Amazon, Walmart's Flipkart

Walmart in 2018 invested USD 16 billion to buy a majority stake in India's Flipkart, its biggest ever deal.

14 Jan 2020 10:57 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee rises 8 paise against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.04 per cent to...

14 Jan 2020 10:28 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex, Nifty off to choppy start amid weak macro data

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were the among the top losers in the Sensex pack.

14 Jan 2020 10:14 AM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation rises to 7.35 per cent, highest in 5 yrs

Surge in food/vegetable prices triggers fresh growth concerns.

14 Jan 2020 3:05 AM IST

India ordered an investigation of Amazon.com Inc and Walmarts Flipkart on Monday over alleged violations of competition law in the latest setback for US e-commerce giants operating in the country.

Antitrust probe ordered against Amazon, Flipkart

Flipkart is fully compliant with all laws and is currently reviewing the CCI order, senior vice president Rajneesh...

14 Jan 2020 1:35 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Earnings cheer stocks, indices at new peak

The BSE Mid-cap Index gained 0.87 per cent and Small-cap, 0.95 per cent.

14 Jan 2020 1:31 AM IST

The report also showed that during September 2017 to August 2019, around 2.97 crore new subscribers joined the ESIC scheme.

Oyo, Walmart add to job gloom

Oyo's Ritesh Agarwal said, Some roles at Oyo will become redundant, but not saying how many.

14 Jan 2020 1:28 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI buys net USD 6.93 billion in currency market in November: report

The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.

13 Jan 2020 12:30 PM IST

Global benchmark Brent touched a near four-month high above USD 70 before ending last week below USD 65.

Oil dips on easing US-Iran tensions, eyes on China trade deal

Brent crude was down 13 cents, or 0.2 per cent, at USD 64.85 per barrel.

13 Jan 2020 11:48 AM IST

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart sacks around 50 executives in India restructuring: sources

The move underscores the struggles Walmart has faced in expanding its wholesale business in India.

13 Jan 2020 11:02 AM IST