Home » Business

Business - Page 451

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.

WPI inflation eases to near 2-year low at 2.02 per cent in June

WPI inflation in June is the lowest in 23 months, since July 2017, when it was at 1.88 per cent.

15 July 2019 12:38 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices edge lower as China's GDP growth slows

Brent crude futures for September fell 21 cents to USD 66.51 a barrel.

15 July 2019 10:59 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee rises 16 paise against dollar in early trade

Rupee is trading at 68.53 against dollar, driven by positive opening in domestic equities and easing crude oil prices.

15 July 2019 10:11 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 jumps over 250 points; Infosys rallies 5 per cent

The 30-share index, however, gave up some gains to trade 164.84 points, or 0.43 per cent, higher at 38,901.07.

15 July 2019 10:07 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI to come out with mobile app for currency notes identification

RBI has been sensitive to the challenges faced by the visually challenged in conducting their day to day business with...

15 July 2019 9:43 AM IST

The future of China is not rosy, but perhaps the most surprising aspect is that Muslim nations around the world are keeping mum about the fate of the Uyghurs; nobody has so far dared to question China about its Muslim policy.

China GDP growth slows to 6.2 per cent in second quarter

The slowing economy makes it more difficult for President Xi Jinping to fight back forcefully against the US.

15 July 2019 9:21 AM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank reports USD 259 mn alleged fraud by Bhushan Power &...

Bhushan Power & Steel among the first 12 companies referred by RBI to a bankruptcy court for a debt resolution process.

15 July 2019 8:35 AM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Crude oil demand growth to remain stable

Going forward OPEC expects global demand for its crude oil to decline next year as their rivals continue to pump more...

15 July 2019 8:03 AM IST

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.

Q1 earnings to drive market

According to experts, the market has entered a consolidation mode after the disappointing Budget that failed to meet...

15 July 2019 7:59 AM IST

As circular trading was becoming rampant in the import of cut and polished diamonds, the government increased duties twice last year to check this.

Jobs hit as diamond industry cuts output

According to him, multiple issues are affecting the industry. Companies have been facing working capital crunch due to...

15 July 2019 7:55 AM IST

The financial performance of the sector is expected to remain under stress as traditional brokers like Axis Securities and Angel Broking have moved to fixed/subscription based business models.

Discount brokers race ahead of other players

HDFC Securities, Share-khan and Kotak Securities are ranked as the third, fourth and fifth largest brokerags, according...

15 July 2019 7:51 AM IST

Tata Steel is countrys major steel producer.

Tata Steel's Q1 consolidated steel output grows 9 pc to 7.61 MT

The company's output in the year-ago period was at 6.97 MT, Tata Steel Ltd said in a BSE filing.

14 July 2019 8:37 PM IST