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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

Top gainers in the Sensex pack included ICICI Bank, Infosys, HDFC, IndusInd Bank, Tata Motors, Kotak Bank, Axis Bank, L&T, Yes Bank and HUL, spurting up to 2.64 per cent. (Photo: File | PTI)

Sensex, Nifty rally to fresh record highs; Yes Bank surges 7 pc

The 30-share BSE Sensex settled 115.35 points, or 0.28 per cent, higher at its fresh closing record of 41,673.92.

19 Dec 2019 4:21 PM IST

Airtel will take over Telenor Indias spectrum, licenses and operations, including its employees and customer base of 44 million.

Airtel shuts down 3G network in Karnataka, shifts customers to 4G

Airtel added that it will continue to provide 2G network services in Karnataka to serve the connectivity needs of...

19 Dec 2019 3:06 PM IST

Erratic and excessive rainfall this year would trim the countrys foodgrain production by 1.14 million tonnes in the Kharif crop season of 2019-20, estimates released by the Union Agriculture Ministry on Monday showed.

Centre makes standard format for ration cards, asks states to follow...

Under the initiative, eligible beneficiaries would be able to avail entitled foodgrains under the National Food Security...

19 Dec 2019 2:12 PM IST

Nearly 44 per cent of Alto sales contribution comes from young customers less than 35 years of age.

Maruti Suzuki launches new variant of Alto, priced at Rs 3.80 lakh

The new variant comes with aero edge design, dual-tone interiors, high-fuel efficiency, and latest safety features.

19 Dec 2019 1:44 PM IST