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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.

Nifty sees bearish flag breakdown

The Sensex breached the 37,000 level while the Nifty ended below the 10800 mark.

23 Aug 2019 5:33 AM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

India's new festival splurge: Grocery and apparel

Transactions at grocery stores accounted for 24 per cent of the total volume on Independence Day.

23 Aug 2019 1:39 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth seen falling to 6 per cent and GVA to 5.8 per cent in Q1

Icra attributed this to a slowdown in the expansion of industry (from 9.8 per cent to 5 per cent) and agriculture (from...

23 Aug 2019 1:37 AM IST

The report also pointed out that illegal sand mining ban, stalling of construction has hit sales of tractor.

Cheerless festival ahead for autos

On government's intervention with a stimulus package, he said there was no certainty if this would happen.

23 Aug 2019 1:34 AM IST

Keeping the flood scenario in many parts of the country, recently the Insurance Regulatory and Development Authority of India (IRDAI) advised insurance companies to expedite claim settlement.

Floods: Insurers expect over Rs 1,000-cr claims

Two senior officials of a public sector insurance company said the industry expects as many as 10,000 floods-related...

23 Aug 2019 1:31 AM IST

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

Oil companies stop fuel supply to Air India at 6 airports due to...

However, an official said the flight operations of the airline are currently normal and unaffected.

22 Aug 2019 8:25 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Small startups with turnover up to Rs 25 cr to get promised tax...

Since the intention was to support the small startup, the turnover limit of Rs 25 crore was considered reasonable, CBDT...

22 Aug 2019 8:18 PM IST

Prices for the Maruti Suzuki XL6 start from Rs 9.80 lakh and go up to Rs 11.46 lakh (ex-Delhi).

Maruti Suzuki XL6 premium MPV launched at Rs 9.8 lakh

The XL6 is a premium MPV based on the Ertiga and will be sold via the manufacturer's Nexa outlets.

22 Aug 2019 7:43 PM IST

Yamaha XSR250 would be part of Yamahas XSR Heritage lineup consisting of XSR155 and XSR900.

Yamaha XSR250 on the cards?

Upcoming 250cc retro roadster could be based on the Yamaha MT-25.

22 Aug 2019 7:09 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

EPFO approves changes in Employees' Pension Scheme to restore...

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement...

22 Aug 2019 6:46 PM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee crashes to over 8-mth low of 71.81 against USD

Tumbling equities and incessant foreign fund outflows weighed on sentiment.

22 Aug 2019 6:19 PM IST

US President Donald Trump

Report shows US deficit to exceed USD 1 trillion next year

Federal debt, which is already high by historical standards, is on an unsustainable course, said Phillip Swagel of CBO.

22 Aug 2019 5:48 PM IST