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

Rupee hits 6-mth low of 71.40 against USD; dives 62 paise on global...

The domestic currency has lost 71 paise in the past two sessions.

13 Aug 2019 6:59 PM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Banks report reduction in NPA; seek steps to address stress in NBFCs:...

Participating banks suggested that government should simplify GST framework and lower GST rates to enhance tax...

13 Aug 2019 6:35 PM IST

Amazon declined to put a price tag on the program, called Amazon Future Engineer, but said it will take up a big chunk of the USD 50 million that it committed to spend on computer science education last year.(AP Photo/Richard Vogel, File)

Amazon in advanced talks to buy 8-10 per cent stake in Future Retail

The deal with the Future Retail is expected to close in the next few weeks, sources close to the development said.

13 Aug 2019 5:18 PM IST

Union Minister and Lok Janashakti Party chief Ramvilas Paswan

Five-star hotels must give explanations for overcharging on bananas,...

Union Minister Ram Vilas Paswan wondered how five-star hotels could charge Rs 442 for two bananas and Rs 1,700 for two...

13 Aug 2019 4:05 PM 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.

Silver touches all-time high mark of Rs 45,000; gold falls Rs 100

Gold is trading at Rs 38,370 per 10 gram in the national capital, according to the All India Sarafa Association.

13 Aug 2019 3:51 PM IST

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

Sensex plummets 624 points on global sell-offs; RIL soars 10 pc

The 30-share Sensex settled 623.75 points, or 1.66 per cent, lower at 36,958.16.

13 Aug 2019 3:39 PM IST

At present diesel cars at Maruti, which sells one car out of two bought in the country, account for almost a third of its sales.

Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers...

Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.

13 Aug 2019 3:15 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

India, Russia to boost ties to achieve USD 30 bn bilateral trade by...

In 2018-19, the bilateral trade between the countries stood at USD 8.3 billion.

13 Aug 2019 2:59 PM IST

Mahendra Singh Dhoni

Former Indian cricket captain MS Dhoni invests in CARS24

CARS24 is among the largest platforms for buying and selling cars in the country.

13 Aug 2019 2:48 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

RIL shares zoom to decade high after company announces plan to turn...

The scrip opened the day on a bullish note and jumped 12.09 per cent to Rs 1,302.50 on the BSE.

13 Aug 2019 12:57 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio's First Day First Show scare, multiplex players express confidence...

Jio First Day First Show - customers would be able to watch movies in their living rooms on the release day itself.

13 Aug 2019 12:42 PM IST

2020 will be the year of boom for the real estate market in India and (the trend) it is likely to stay for the next three to four years.

Allianz to invest USD 150 mn in office development platform managed by...

The platform, Godrej BTC (GBTC I), targets the development of premium Grade-A offices in tier one cities in India.

13 Aug 2019 12:22 PM IST