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The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Sensex tanks 318 pts; Nifty closes below 11,600

The 30-share Sensex settled 318.18 points or 0.81 per cent lower at 38,897.46.

18 July 2019 4:03 PM IST

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

Amit Shah to head ministerial panel on Air India sale

The AISAM has been reconstituted. It is now a four- member panel, against five members earlier, said a source.

18 July 2019 3:54 PM IST

Finance Minister Nirmala Sitharaman

7 indirect tax-related laws being amended: FM Sitharaman

The government would also be bringing changes to seven laws related to direct taxes.

18 July 2019 3:00 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures fall on global cues

On the Multi Commodity Exchange, crude oil for delivery in July contracts shed Rs 8, or 0.2 per cent, to Rs 3,908 per...

18 July 2019 1:39 PM IST

Ghosn was rearrested by prosecutors last week while out on bail in Tokyo after they announced they were investigating new allegations against him. (Photo:AP)

Ghosn sues Nissan and Mitsubishi for breach of contract: report

Ex-chief of both Renault and Nissan Carlos Ghosn, is awaiting trial in Japan on charges of fraud.

18 July 2019 1:28 PM IST

Reliance Industries Limited

Reliance Brands completes acquisition of Hamleys

In India, Reliance Retail had the master franchise for the brand and operates 88 stores across 29 cities.

18 July 2019 1:17 PM IST

Sebi regulates Indias capital market. (Photo: PTI)

CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry

The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.

18 July 2019 12:37 PM IST

GoAir will increase the number of current aircrafts from 23 to 37 by the year-end.

GoAir may start flights to Bhutan from New Delhi

Following the launch of the services, GoAir will become the first domestic private carrier to fly to Bhutan.

18 July 2019 12:12 PM IST

Mindtree offers Smart Alert Management and Smart Reconciliation Management.

Mindtree board appoints L&T chief A M Naik as non-executive chairman

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

18 July 2019 11:18 AM IST

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

Rupee rises marginally by 9 paise to 68.73 vs USD in early trade

Traders said foreign fund outflows and cautious opening in domestic equities weighed on the local unit.

18 July 2019 10:39 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.

Sensex drops over 100 points; Yes Bank slumps over 10 per cent

Bharti Airtel, HDFC duo, ITC, Kotak Bank and Hero MotoCorp were the gainers, rising up to 1.30 per cent.

18 July 2019 10:14 AM IST

Nasscom president R. Chandrashekhar claimed that top five IT companies hired additional 50,000 people between January to March in 2017.

Demand for digitally skilled talent to grow at 35 pc CAGR:NASSCOM

By 2022, 54 per cent of all employees will require significant reskilling and upskilling, said NASSCOM's Debjani Ghosh.

18 July 2019 10:07 AM IST