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The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex gains 353 points; Nifty reclaims 11,000 level

After surging 515 points during the session, the 30-share Sensex settled 353.37 points or 0.96 pc higher at 37,311.53.

14 Aug 2019 4:13 PM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

More forced lending to NBFCs can land banks in trouble: Fitch

Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.

14 Aug 2019 4:02 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 proposes to dilute stake in credit card business

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

14 Aug 2019 3:58 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

HPCL files revised shareholding; lists ONGC as promoter

Securities and Exchange Board of India had asked HPCL to re-file shareholding pattern to stock exchanges by August 13,...

14 Aug 2019 3:32 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank reviews fixed deposit rates; here are the latest FD rates

Senior citizens continue to get higher interest rates than the general public.

14 Aug 2019 3:27 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

7 benefits of filing your income tax return

To avoid penal actions, ensure that you file your income tax return on or before the August 31, 2019 deadline.

14 Aug 2019 2:53 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

Wholesale inflation in July falls to multi-year low of 1.08 per cent

Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.

14 Aug 2019 12:36 PM IST

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

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM IST

Reliance Industries limited

Moody's says Reliance stake sale to Aramco credit positive

RIL also entered a deal with BP to sell 49 pc stake in its fuel marketing business in India for USD 1 billion.

14 Aug 2019 11:51 AM IST

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

Rupee rises 55 paise to 70.85 against USD in early trade

Forex traders said US delaying new tariffs on Chinese electronics to December 15, also helped investor sentiments.

14 Aug 2019 11:39 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex, Nifty rebound on positive global cues

Easing inflation numbers, released after market hours on Tuesday, too helped the recovery in domestic market sentiment,...

14 Aug 2019 10:12 AM IST

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

Consumption-driven growth causing 'serious slowdown' warns SBI MF

Personal consumption spend has outgrown household income, leading to household savings plummeting to a low 21 pc.

14 Aug 2019 9:52 AM IST