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

Rupee falls 9 paise to 68.94 vs USD in early trade

The rupee opened weak at 68.89 at the interbank forex market and slipped further to 68.94, showing a decline of 9 paise.

31 July 2019 10:48 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex slips over 150 points amid trade war fears

Most investors preferred to stay on the sidelines ahead of the US Federal Reserve's meeting, traders said.

31 July 2019 10:09 AM IST

Reserve Bank of India (RBI)

RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST

Subir Gokarn was appointed the deputy governor of the RBI in 2009 for a term of three years and had the distinction of being the youngest deputy governor at that time. (Photo: File | PTI)

Former RBI deputy governor Subir Gokarn passes away

In November, 2015, Gokarn was appointed as an executive director on the board of the IMF.

31 July 2019 9:27 AM IST

Sterling Biotech bank fraud case: ED grills Ahmed Patel's son-in-law

Irfan Siddiqui's statement was recorded under PMLA after he was grilled about his purported links with Sandesara...

31 July 2019 9:05 AM IST

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.

Index breaches strong support

The border market saw much severe selling with BSE Mid-Cap Index down 1.58 per cent and BSE Small-Cap Index down 2.13...

31 July 2019 2:13 AM IST

Porsche, the German super sports luxury car maker, has launched the Porsche Macan SUV facelift in India, with entry-level, four-cylinder model priced at Rs 69.98 lakh, and the V6-engined Porsche Macan S priced at Rs 85.03 lakh to boost sales in Asias third biggest economy.

Porsche launches new Macan sports at Rs 70 lakh

The entry-level Macan packs a 2.0-litre, four-cylinder turbo-petrol engine that develops 252hp and 370Nm of torque.

31 July 2019 2:11 AM IST

Private sector lender Axis Bank on Tuesday failed to meet street expectations as it reported higher slippages and had higher write-offs during Q1FY20.

Axis Bank numbers disappoint Street

The bank said it downgraded Rs 2,242 crore into the BB pool during the quarter mostly from stressed groups.

31 July 2019 2:07 AM IST

Chairman of the Aditya Birla Group, Kumar Mangalam Birla. (Photo: PTI)

Birla: Cement demerger this quarter

While addressing shareholders at the 122nd AGM of the company here on Tuesday, Birla said during 2018-19.

31 July 2019 2:03 AM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Indiabulls shares plunge again

Analyst says Indiabulls Group was in a structural downtrend as its business model had been shaken.

31 July 2019 1:59 AM IST

Lonely at the top?

In 1999, he was roped in by IT veteran Ashok Soota when Subroto Bagchi, Rostow Ravanan and KK Natarajan were launching...

31 July 2019 1:56 AM IST

Caf© Coffee Day owner V G Siddhartha

Coffee Day, Sical stocks hit lower circuit

Income Tax department had attached 4.5 per cent Mindtree stake to cover any tax liabilities prior to stake sale to L&T.

31 July 2019 1:06 AM IST