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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures ease on low demand

The oil for delivery in November, however, was up by Re 1, or 0.03 per cent, to Rs 3,760 per barrel in 483 lots.

9 Oct 2019 2:02 PM IST

In phase 1, Raymond Realty is expected to achieve a top line of over Rs 3,500 crore with a profit margin of over 25 per cent during a period of five years.

Virtuous Retail buys land worth Rs 700 cr from Raymond

Virtuous Retail to invest Rs 1,700-cr more on the project.

9 Oct 2019 1:16 PM IST

Generally, most social media posts of NGOs revolve around largely planned fund raising activities where they provide economic relief on emergency surgery to the patient.

How Social Media is playing vital role in crowd-funding for a social...

The country constituting the highest number of Facebook users at 241 million.

9 Oct 2019 12:50 PM IST

Similar trend was seen on the NSE, where the Housing Development and Infrastructure Ltd (HDIL) stock hit its 52-week low of Rs 3.20 down 4.48 per cent over its previous closing price.

Shares of HDIL hit lower circuit; fall 4.73 per cent

On the BSE, the stock of the company fell 4.73 per cent to its lower circuit limit of Rs 3.02, which was also its...

9 Oct 2019 12:44 PM IST

The extension is effective from October 10 October to April 9 next year. (Photo: ANI)

RBI extends Chhibber's term as J&K Bank's interim CMD for 6 months

Chibber took over the bank's reins for three months in June following the removal of Parvez Ahmed from the post by the...

9 Oct 2019 12:09 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI lowers rates on non-repo-linked loans by 10 bps

The rate reduction is not applicable to the repo-linked loans.

9 Oct 2019 10:46 AM IST

The discussions failed to reduce tensions as the United States slapped tariffs on USD 34 billion worth of Chinese goods in early July, triggering an immediate dollar-for-dollar retaliation from Beijing. (Photo: File | Representational)

US visa move against China casts pall over talks to end trade war

The State Department did not name the Chinese officials affected by the visa clampdown.

9 Oct 2019 10:36 AM 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, Nifty cautious in early trade amid weak global cues, fund...

The 30-share index was trading 36.04 points or 0.10 per cent higher at 37,568.02.

9 Oct 2019 10:27 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 20 paise against dollar in early trade

The rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar,

9 Oct 2019 10:24 AM IST

Prakash Javadekar (Photo: G.N. Jha)

Country to get BS-VI fuel from next April: Environment minister...

An investment of Rs 60,000 crore has been made for this. It vehicular pollution by 80-90 per cent, said Prakash...

8 Oct 2019 8:45 PM IST

A donation of Rs one crore has been made to the famous hill shrine of Lord Venkateswara at nearby Tirumala by Chairman of tech major HCL, Shiv Nadar.

Not just govt, everyone should help solve nation's problems: Shiv...

HCL founder-chairman Shiv Nadar was speaking at a Vijaydashmi event organised by RSS.

8 Oct 2019 8:34 PM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

E-tailers could see USD 6 billion sales this festive season: RedSeer

In the first phase of the festive sale, E-commerce companies are estimated to have registered sales of close to USD 3...

8 Oct 2019 7:33 PM IST