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The slowdown in the automobile industry, some of which have continued from FY19 and intensified in FY20, would result in a sharp decline across segments. However, tractor volumes, recovering in August 2019, has brought some cheer to the industry due to an improvement in monsoons and Kharif sowing, along with an early festive season. Tractors had clocked a 14 per cent decline during April-July.

Auto sales to decline sharply across segments this fiscal

It said the PV sales decline would be in the range of 4-7 per cent and M&HCV trucks would drop in the 0-5 per cent range...

30 Aug 2019 1:19 AM IST

HDFC Standard Life Insurance has elevated its executive director and chief financial officer, Vibha Padalkar, to the post of managing director and chief executive officer for a period of three years, effective Wednesday.

HDFC Life, AMC turn stars of the market

Post listing, the two companies have added Rs 1,60,978.02 crore to HDFC Group's market cap.

30 Aug 2019 1:08 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold crosses record Rs 40,000-mark as recession fears seep in

Record-breaking run for the second day, gold spurted by Rs 250 to a fresh life-time high Rs 40,220 per 10 grams.

29 Aug 2019 4:37 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 tanks 383 points on F&O expiry; Nifty ends below 11,000

After a highly volatile session, the 30-share Sensex ended 382.91 points, or 1.02 per cent, lower at 37,068.93.

29 Aug 2019 3:59 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Govt is determined to privatise Air India: Union Civil Aviation...

Government was committed to privatisation of Air India as its debt has become totally unsustainable.

29 Aug 2019 3:44 PM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Economic growth seen slipping in April-June, more stimulus expected

Slowdown has been driven by a fall in household savings and banks' increased bad loans, which has hit private...

29 Aug 2019 3:04 PM IST

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

Pradhan seeks Japanese investment in steel sector

Steel companies in Japan have already shown interest to invest in India on manufacturing activities.

29 Aug 2019 2:11 PM IST

Piyush Goyal presents the interim budget; the highlight of the budget was the Prime Minister Kisan Samman Nidhi Yojana, meant to benefit the farmer.

Govt has decided to achieve 100 pc electrification of railway in 10...

The railways minister also said he has a mission that in next 10 years, Indian Railways will be running on renewable...

29 Aug 2019 2:03 PM IST

Tax2win is changing the way Indian file their taxes

This yearly drama seems to be part of a whole new world, one which is quite complex and chaotic.

29 Aug 2019 1:59 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Stimulus package 'too little, too late' to prevent decline in auto...

Initial stimulus package is not enough to stop the decline in the automotive market, Fitch said.

29 Aug 2019 1:32 PM IST

Why do we focus on gender as early as pregnancy, and if its planning, what are we planning? (Photo: Pixabay)

How leaders can reduce 'The Workplace Gender Gap'

Gender gap needs to be dealt with at two levels, one at the organisation level and the other at the functional level.

29 Aug 2019 1:27 PM IST

The stock of Indiabulls Housing Finance closed 1.7 per cent higher at Rs 1,006.60 on the BSE.

Indiabulls Housing Finance shares drop 8 pc on Nifty replacement

Nestle India will replace Indiabulls Housing Finance in the benchmark Nifty 50 index from September 27.

29 Aug 2019 1:16 PM IST