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And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee opens 12 paise down at 71.15 against US dollar

Forex traders said cautious opening in domestic equities weighed on the rupee.

20 Dec 2019 10:23 AM IST

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

Sensex jumps over 100 points to scale fresh peak; Nifty nears 12,300

The 30-share BSE Sensex was trading 102.51 points or 0.25 per cent higher at 41,776.43 in opening session.

20 Dec 2019 9:56 AM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai to drive in Aura compact sedan in January

The South Korean carmaker has invested Rs 1,000 crore to design and develop this new car for the Indian.

20 Dec 2019 1:46 AM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Kerala seeks better data access to get out of GST compensation

"These states are heavy borrowers and the government entities also come to markets for borrowing," said Aditi Nayar,...

20 Dec 2019 1:42 AM IST

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1. Though it was reinstated later for other export sectors, it is still not available for apparels and made-ups.

Apparel exporters await Rs 5,000 crore refunds

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1.

20 Dec 2019 1:37 AM IST

The group flagship Tata Consultancy Services, which has the second largest market capitalisation, gained 2.83 per cent on the BSE, closing at Rs 2,228.65 and its market capitalisation stood at Rs 8,36, 275.22 crore.

Market shrugs off ruling against Tata

Most other Tata Group stocks closed in the green with humble gains, including Tata Power, Titan Company, Tata Coffee,...

20 Dec 2019 1:34 AM IST

Reserve Bank of India

MPC minutes hint at rate cut in February

Green shoots seen, capex cycle may be turning up.

20 Dec 2019 1:31 AM IST

Onions may not be a staple , at less than one per cent of Indias total food production, or about 800 grams a month per person per month on average, but the bulb is not inessential.

High onion prices figured prominently in RBI MPC meeting, minutes show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing...

19 Dec 2019 7:37 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

The resolution professional (RP) Ashish Chawcharia requested three weeks time to float the EoI.

19 Dec 2019 7:24 PM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee settles 6 paise down at 71.03 against US dollar

Forex traders said the rupee ended on a weak note as importers rushed for hedging amid expectations of intervention by...

19 Dec 2019 5:46 PM IST

A recent announcement by the countrys chief executive that the government will be focusing on the Ease of Doing Business Index ranking was a welcome development. (Representational image)

DPIIT optimistic of India breaking into top 50 in 'ease of doing biz'...

India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.

19 Dec 2019 5:33 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold continues to witness muted trend, up marginally by Rs 12

Silver prices declined by Rs 65 to Rs 45,485 per kg against the previous close of Rs 45,550, HDFC Securities said.

19 Dec 2019 4:39 PM IST