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The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Reliance Capital shares tumble over 11 pc after ratings downgrade

The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE.

23 Sept 2019 12:37 PM IST

The Taj Mahal Hotel on Mansingh Road. (Photo: PTI)

Hotel stocks rally up to 9 per cent on GST rate cut

Post market hours on Friday, the GST Council reduced tax rate on hotel room tariffs, a move aimed at giving a boost.

23 Sept 2019 12:30 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Investor wealth zooms Rs 10.50 lakh cr in two days of market rally

The market capitalisation of BSE-listed firms jumped Rs 10,53,495.23 crore to Rs 1,49,05,246.57 crore so far in two...

23 Sept 2019 12:11 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Oil prices will ease if global tensions do not flare up: Pradhan

The price of crude oil has already reduced by a few dollars per barrel, Pradhan said.

23 Sept 2019 11:42 AM 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 to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 11:05 AM IST

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

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee slips 9 paise against USD in early trade

Foreign fund inflows and higher opening in domestic equity market supported the domestic currency.

23 Sept 2019 10:32 AM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Sensex surges over 1,300 points, regains 39,000 mark

Except IT, all other indices are trading higher led by the FMCG, infra, auto, bank, metal and energy.

23 Sept 2019 9:41 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Experience more relevant than what you learnt: Das on his history...

RBI governor Shaktikanta Das praises his predecessors Urjit Patel and Raghuram Rajan.

23 Sept 2019 9:18 AM IST

Thomas Cook India Group. (Photo: Twitter)

Over 1 lakh tourists stranded as Thomas Cook collapses, 22,000 jobs...

The repatriation of 600,000 tourists, including around 150,000 seeking government help returning to the UK.

23 Sept 2019 8:40 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Promoters fudging sales data to boost stock prices

This company already has a wonderful history of statutory auditors resigning, arrest of CEO/CFO for GST violations etc.

23 Sept 2019 1:04 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

More upside could be in store

According to experts, the tax cut decision will drive the market in the short run.

23 Sept 2019 12:55 AM IST