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Digital transactions in October shot up to 965 million transactions, the highest ever so far. (Photo: Pexels)

Business

Over 3,133 cr digital transactions in FY19, positive trend for ongoing...

The government has set a target of over 4,000 crore digital transactions in the ongoing financial year.

10 July 2019 8:35 PM IST

Reliance Jio has said it will launch Indias cheapest feature phone for an effective price of Rs zero. (Photo: PTI)

Business

Jio retains lead over older telcos in AGR for March quarter: Trai data

The teledensity in India declined from 91.45 as on December 2018 to 90.11 as on March 2019, Trai report said.

10 July 2019 8:24 PM IST

Representational image of an Indigo aircraft.

Business

IndiGo shares plummet over 11 pc; m-cap drops by Rs 6,423 cr on...

The scrip tanked 10.73 per cent to close at Rs 1,397.75 on the BSE. During the day, it plunged 17.54 per cent to Rs...

10 July 2019 8:03 PM IST

Leading stock exchange BSE will auction investment limits for foreign investors to purchase government bonds worth over Rs 11,000 crore tomorrow.

Business

Auto stocks fall up to 3 pc after SIAM's sales data

Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.

10 July 2019 7:40 PM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

Business

India to get Swiss bank details of all Indians from September

The first set in September would be followed by further despatches on a yearly basis, according to Switzerland's FDF.

10 July 2019 7:29 PM IST

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

Business

Rupee trips 7 paise to 68.58 vs USD

A weak trend at the domestic equity markets and global trade tensions kept sentiment subdued, traders said.

10 July 2019 6:41 PM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs can opt for corporate route to avail lower tax surcharge: CBDT...

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association...

10 July 2019 6:10 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Business

Cabinet approves bill to merge 13 labour laws into single code

Proposed Code on Occupational Safety, Health and Working Conditions Bill, 2019, would enhance the coverage of workers...

10 July 2019 5:44 PM IST

Ravi Shankar Prasad said the campaign has become a peoples movement. (Photo: ANI)

Business

Telcos to install over 57,500 mobile towers in rural areas in FY'20:...

'BharatNet' project is being implemented to offer broadband connectivity to all 2.5 lakh Gram Panchayats (GPs) in India.

10 July 2019 5:21 PM 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.

Business

Sensex ends 174 points lower; Bajaj Finance loses 5 per cent

After swinging nearly 400 points during the day, Sensex settled 173.78 points or 0.45 per cent lower at 38,557.04.

10 July 2019 4:16 PM IST

Business

Gold, silver prices remain flat

In Delhi, gold of 99.9 per cent and 99.5 per cent purity held flat at Rs 34,870 per 10 gram and Rs 34,700 per 10 gram.

10 July 2019 3:51 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

Business

ArcelorMittal to cut more than 2,000 jobs, shares drop

The company expected headline results to fall by at least 650 million rand (USD 45.78 million) in the first half of its...

10 July 2019 3:36 PM IST