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Retail chains have reported muted same store sales growth (SSSG) in the June quarter and the SSSG in the September quarter too is expected to remain soft due to the ongoing macroeconomic slowdown.

Retail sales to stay soft this quarter

At 4.1 per cent in Q1 FY20, Jubilant Foodworks saw the lowest SSG in nine quarters and the growth was 25.9 per cent in...

4 Sept 2019 12:51 AM IST

That engine, which would allow the trucks to conveniently travel the same distances as todays conventional diesel trucks, would be a flex-fuel model that could run on pure gasoline, pure alcohol, or blends of these fuels. (Photo: ANI)

Truck sales see deep plunge in August

Sales at M&M fell 28 per cent at 14, 684 vehicles, down from 20,326 units.

4 Sept 2019 12:47 AM IST

Liquidity could ease post-the budget announcement of pooled asset purchase of Rs 1 lakh crore by PSU banks, the benefits of which are expected to be visible from H2FY20.

Doubting stock market punishes PSU banks

Investors are not convinced about the ability of anchor banks to absorb their weaker partners.

4 Sept 2019 12:42 AM IST

Telecom major Bharti Airtel fell close to 10 per cent intra-day, but recovered later posting more than 3 per cent gain.

Sensex falls by 770 points, rupee down

Only IT and healthcare stocks were able to buck the trend on account of a sharp weakening in the rupee.

4 Sept 2019 12:39 AM IST

(Photo: Nitesh Jeiya)

The introvert's motorbike affair

The bike offers an LCD screen that displays basic indicators like speedometer, odometer, gear indicator and so on.

4 Sept 2019 12:12 AM IST

The CoC rejected the bids of Suraksha Realty and NBCC in the second round held in May-June this year.

SC seeks revised plan from NBCC on completing stalled Jaypee group...

A bench of justices A M Khanwilkar and Dinesh Maheshwari issued notice to NBCC and sought its reply by September 5.

3 Sept 2019 7:17 PM IST

Prakash Javadekar (Photo: G.N. Jha)

Govt doesn't subscribe to Singh's views on handling of economy:...

Earlier this week, former PM Manmohan Singh had said the state of economy was 'deeply worrying'.

3 Sept 2019 6:15 PM IST

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

Rupee tanks 97 paise to 9-month low on weak macro data, strong dollar

Rupee came under pressure after official data released on Friday showed that GDP growth fell to an over six-year low of...

3 Sept 2019 6:02 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 prices gain Rs 538 to Rs 38,987 per 10 gm

In the international market, gold prices ruled at USD 1,530 an ounce in New York while silver was quoted at USD 18.50 an...

3 Sept 2019 5:06 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank expects to complete merger with Allahabad Bank by March 31

Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.

3 Sept 2019 3:46 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex crashes 770 points following weak macroeconomic data

A slew of recent macroeconomic data on GDP, core sectors and auto sales are pointing towards a deepening economic...

3 Sept 2019 3:46 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Union Cabinet clears over Rs 9,000 cr capital infusion in IDBI Bank

Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash...

3 Sept 2019 3:15 PM IST