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The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex biggest weekly loss, falls 258 pts

Nifty 50 index during the week fell 122.30 points, or 1.48 per cent, to finish at 8,139.45.

17 Dec 2016 1:11 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Digital currency too will fill up gap: Arun Jaitley

Says demonetisation will create new Indian normal as one that existed for past seven decades is unacceptable.

17 Dec 2016 12:18 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Jaitley says RBI will complete remonetisation soon

Finance Minister says India has capacity to implement demonetisation as it was no longer a fragile economy.

17 Dec 2016 11:11 AM IST

CEO General Motors Mary Barra

New rival for Tesla in autonomous vehicles

General Motors announces plans to expand testing of driverless automobiles.

17 Dec 2016 4:04 AM IST

US states blame Aurobindo Pharma for price fixing; shares dip

US states blame Aurobindo Pharma for price fixing; shares dip

It sank 4.25 per cent to Rs 665.35 and by noon it was trading at Rs 674.45, down 2.94 per cent.

17 Dec 2016 3:57 AM IST

Ratan Tata (Photo: PTI/ File)

I will not quit trusts soon, says Ratan Tata

Wadia had filed a Rs 3,000 crore defamation suit against Ratan Tata, Tata Sons and its directors.

17 Dec 2016 3:49 AM IST

Telecom Minister Manoj Sinha

DoT issues notices to six telcos for underpayment

As per this report, total under-reporting of Adjusted Gross Revenue (AGR) is Rs 46,045.75 crore for the period from...

17 Dec 2016 3:42 AM IST

Sources from the Thane police said that the police informed income tax officials and now they are interrogating the accused.

Undisclosed income worth Rs 2,600 crore found since November 8

Income Tax department has carried out searches in 291 cases across the country and survey in 295 cases since November 8.

17 Dec 2016 3:33 AM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

No official estimation of black money, says FM

RBI stresses on skillful solution to pileup of bad loans.

17 Dec 2016 3:25 AM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Customers dupe Paytm of Rs 6 lakh, CBI starts probe

It alleged that customers illegally appropriated money refunded in their bank accounts and wallets.

17 Dec 2016 1:00 AM IST

Political parties depositing old notes exempt from Income Tax

Political parties depositing old notes exempt from Income Tax

Section 13A of the Income Tax Act, 1961 grants exemption from tax to political parties in respect of their income.

16 Dec 2016 8:24 PM IST

The searches conducted by Income Tax Department between April 2014 and November 2016 on 1,356 groups of assess led to admission of undisclosed income of Rs 31,277 crore apart from seizure of undisclosed assets worth Rs 2,164 crore

No estimate of black money before or after note ban: FM

14,044 surveys conducted after note ban resulted in detection of undisclosed income of Rs 30,492 crore.

16 Dec 2016 4:53 PM IST