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

Rupee falls 17 paise against USD on rising crude, capital outflow

A strengthening US dollar against major currencies overseas also weighed on the rupee sentiment, forex traders said.

16 July 2019 6:18 PM IST

The other banks which reported large number of frauds to the apex bank during the period include Axis Bank (189), Bank of Baroda (176) and Citibank (150). (Representational Image)

Taxmen detect Rs 37,946 crore fraud in FY19

In 2018-19, 1,620 cases of fake invoicing were detected involving Rs 11,251.23 crore, and 154 persons were arrested.

16 July 2019 4:34 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex rises 234 points; Yes Bank soars 11 per cent

The 30-share barometer swung 329 points during the day between an intra-day high of 39,173.89 and a low of 38,845.27.

16 July 2019 4:19 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman

Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

16 July 2019 4:08 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Who all have to file their income tax returns

You need to file ITR if your gross total income (excluding deductions) surpasses the exemption limit.

16 July 2019 3:54 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.

Gold rises Rs 100 on fresh buying, silver jumps Rs 355

Gold is trading at Rs 35,570 per 10 gram in the national capital on fresh buying from jewellers.

16 July 2019 3:39 PM IST

It also has features such as rear parking sensors, anti-glare interior rear view mirror, rear windscreen defogger with timer.

Skoda launches limited edition Rapid at Rs 6.99 lakh

The edition, which is powered by 1.6 litre petrol engine, is equipped with essential safety features.

16 July 2019 2:44 PM IST

At present, Coca-Cola company and its bottlers in India annually procure 70,000 metric tonnes of mango pulp worth Rs 500 crore.

Coca-Cola appoints Sarvita Sethi as VP M&A for India & South West Asia

Sethi, a qualified chartered accountant, has worked across North Western Europe and Central and Southern Europe zones.

16 July 2019 1:57 PM IST

TVS Apache RTR 200 Fi E100 will be environmentally friendlier and cheaper to run than its petrol-powered counterparts.

Ethanol-powered TVS Apache RTR 200 Fi E100 launched at Rs 1.2 lakh

It is Rs 8,600 more expensive than petrol-powered Apache RTR 200 4V ABS, which is priced at Rs 1.11 lakh.

16 July 2019 1:47 PM IST

Bentley EXP 100 GT will be powered by a quad electric motor making 1,500Nm of torque, and will boast a range of up to 700km.

Bentley celebrates 100th anniversary with all-electric EXP 100 GT

The battery-powered Bentley EXP 100 GT concept car looks straight out of a sci-fi flick.

16 July 2019 1:14 PM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Govt denies possibility of reintroduction of Old Pension Scheme

In 2004, government introduced National Pension Scheme (NPS) and made mandatory for all Central government employees.

16 July 2019 1:02 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL shares bounce back; jump 6 per cent

The scrip jumped 5.97 per cent to Rs 51.40 on the BSE.

16 July 2019 12:00 PM IST