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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 prices up Rs 50, silver gains Rs 234

Silver prices gained Rs 234 to Rs 45,460 per kg from Saturday's close of Rs 45,226 per kg.

16 Dec 2019 3:53 PM IST

Shaktikanta Das

RBI saw slowdown, acted ahead of time by cutting interest rates from...

In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

16 Dec 2019 11:52 AM IST

Finance minister Nirmala Sitharaman

FM Sitharaman to hold pre-Budget meetings with stakeholders beginning...

FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.

16 Dec 2019 11:16 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex rallies 175 points to hit record high; Nifty tests 12,100

After starting significantly higher, the Sensex pared gains to trade 15.33 points or 0.04 per cent up at 41,025.04.

16 Dec 2019 10:19 AM 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 rises 8 paise to 70.75 against USD in early trade

Forex traders said the weakening of the US dollar vis-a-vis other currencies overseas also supported the rupee.

16 Dec 2019 10:09 AM IST

Adani Infrastructure

Adani Transmission gets LoI for project in Maharashtra

According to the statement, this will be Adani Transmission's first ever 400 kV substation facility in Mumbai.

14 Dec 2019 3:55 PM IST

In return, the United States would suspend tariffs on Chinese goods due to go into effect on Sunday and reduce others, US officials said. (Photo: Representational)

US China trade deal cuts tariffs for Beijing promise of big farm...

Beijing has agreed to import at least USD 200 billion in additional US goods and services over the next two years.

14 Dec 2019 1:18 PM IST

In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by USD 1.891 billion to USD 421.258 billion, according to the data.

Forex reserves soar to touch all-time high of USD 453 billion

The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644...

14 Dec 2019 11:06 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex zooms 428 pts; Nifty ends near 12,100

After hitting a high of 41,055.80 points, the 30-share BSE Sensex ended 428 points, or 1.05 per cent, higher at...

13 Dec 2019 4:04 PM IST

Moodys also affirmed Indias local-currency senior unsecured rating and other short-term local-currency rating.

Moody's cuts India's GDP growth forecast to 5.6 pc for 2019

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

13 Dec 2019 1:51 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 rises 33 paise to 70.50 against USD in early trade

Forex traders said the news that the US and China are very close to reaching a trade deal supported the local unit.

13 Dec 2019 12:10 PM IST

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

Sensex rises over 250 points on strong global cues; Nifty above 12K

After rising 284 points in early session, the 30-share Sensex was trading 244.04 points or 0.60 per cent higher at...

13 Dec 2019 11:58 AM IST