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There was some resentment towards such people, particularly in the rural areas that later voted overwhelmingly in favour of leaving the European Union, or Brexit , meaning the British exit from the EU.

Brexit effect: Indian ultra-rich rush for London property

London property was available at an effective discount of 20 per cent between the EU referendum and October 2019.

15 Nov 2019 2:28 AM IST

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

Moody's cuts GDP growth forecast to 5.6 per cent for this fiscal

Moody's had on October 10 cut India's economic growth forecast for 2019-20 fiscal to 5.8 per cent from an earlier...

15 Nov 2019 2:24 AM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Telecom stocks crash over DoT move

Rough estimates indicate Vodafone Idea may have to pay Rs 28,300 crore and Bharti Airtel, Rs 21,000 crore as per the...

15 Nov 2019 2:21 AM IST

Prime Minister Narendra Modi (Photo: PTI)

Number of CPSEs rises under Modi govt

The BSE data also shows that the big-ticket stake sale under the Modi government has been to exchange traded funds.

15 Nov 2019 2:18 AM IST

The dates for filing the reconciliation statement has also been extended accordingly.

Deadline for filing GST annual returns extended; forms simplified

The earlier deadline for filing of GSTR-9 and GSTR-9C for 2017-18 was November 30, 2019, while that for 2018-19 was...

14 Nov 2019 5:01 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex ends 170 points higher; bank, IT stocks save the day

After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at...

14 Nov 2019 4:14 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

SpiceJet shares drop 6 pc on reporting quarterly loss

SpiceJet on Wednesday reported widening of net loss to Rs 462.58 crore in the September quarter.

14 Nov 2019 4:10 PM IST

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

'RBI to cut rates by 40 bps by Feb despite high inflation'

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the...

14 Nov 2019 4:04 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 prices up marginally by Rs 15

Gold is trading at Rs 38,995 per 10 gram in the national capital as rupee appreciation limited the upside.

14 Nov 2019 3:39 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Retail inflation may average at 4 per cent in FY20: SBI report

In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier...

14 Nov 2019 3:19 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

WPI dips marginally to 0.16 pc in Oct due to subdued non-food prices

Retail inflation as measured by the consumer price index (CPI) touched a 16-month high as it rose to 4.62 per cent in...

14 Nov 2019 2:59 PM IST

The new bike replaces the companys 125cc model CB Shine SP.

HMSI launches BS VI-compliant SP 125 bike priced at Rs 72,900

The new model is around 11 per cent costlier than the outgoing model and, as per the company, delivers 16 per cent...

14 Nov 2019 2:11 PM IST