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Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

No better place to invest than in India: Sitharaman

She assured international investors at an interaction session that the government was continuously working to bring...

17 Oct 2019 8:58 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee pares initial losses; settle 11 paise up at 71.43 against USD

Foreign fund inflows also supported the local currency, a forex trader said.

16 Oct 2019 6:23 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex rises for 4th straight session, up 93 points

The broader NSE Nifty rose 35.70 points, or 0.31 per cent, to settle at 11,464.

16 Oct 2019 4:15 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold marches higher; up Rs 120 on festive demand, weaker rupee

Silver also jumped by Rs 489 to Rs 46,809 per kilogram here from its previous close of Rs 46,320 per kilogram.

16 Oct 2019 4:00 PM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex rises for 4th straight session, up 93 points

The broader NSE Nifty rose 35.70 points, or 0.31 per cent, to settle at 11,464.

16 Oct 2019 3:57 PM IST

A subsidiary of public sector lender Punjab National Bank, PNB Housing Finance is in the business of providing home loans.

PNB Housing to raise up to Rs 10,000 cr by issuing bonds in tranches

Shares of the company were trading 13.24 per cent lower at Rs 379.20 on the BSE in the post-noon session.

16 Oct 2019 3:30 PM IST

Bennet & Bernard have now launched a range of eleven uniquely crafted chicken & pork cold cuts which will be available at all the leading supermarkets across Goa.

Bennet & Bernard Group forays into FMCG space, launches cold cuts in...

The company will soon go pan India and is focused on creating an exclusive range of processed foods.

16 Oct 2019 2:00 PM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Oil prices edge higher as OPEC hints at deeper output cuts

US West Texas Intermediate (WTI) crude CLc1 had gained 16 cents or 0.3 per cent to USD 52.97 a barrel.

16 Oct 2019 12:13 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro rises over 3 per cent after Q2 earnings

The company had registered a net profit of Rs 1,889 crore in the year-ago period.

16 Oct 2019 12:03 PM IST

A three-metre-high metal fence topped with razor wire in a North Korean port marks the front line of the United Nations ban on coal exports by Pyongyang. (Photo: PTI/ File/Representational)

Govt readies policy to attract foreign investment in coal mining

India's coal demand to rise more than 21 per cent from current levels to 1.2 billion tonnes in 2023, says Joshi.

16 Oct 2019 11:51 AM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani Wilmar eyes Rs 36,000 cr from consumer business in 5 years

Adani Wilmar clocked total revenue of Rs 28,000 crore in FY'19 of which Rs 18,000 crore came from consumer busines.

16 Oct 2019 11:26 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee slips 17 paise against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 71.60 then fell to 71.71 against the US dollar.

16 Oct 2019 10:25 AM IST