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

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

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Business

Samsung Venture invests USD 8.5 million in 4 Indian startups

SVIC hopes to make 100 investments in Indian startups over the next three-five years.

10 July 2019 3:09 PM IST

Equipment used by the sand mafia for illegal mining in the Narmada.

Business

21 states have framed rules to curb illegal mining: Minister

State governments, he said, are empowered to make rules for prevention of illegal mining, transportation and storage of...

10 July 2019 2:56 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Business

No proposal to privatise Railways: Goyal

Railway Minister Piyush Goyal said 'no specific passenger train has been identified to be run by private payers so far.'

10 July 2019 2:03 PM IST

This initiative comes as a part of the Railways drive to go green as it also aims at boosting the nations sugarcane industry.. (Photo: PTI | Representational)

Business

Railways recruiting people for over 2.94 lakh vacancies: Govt

In 2018-19, action was initiated to fill up 2,94,420 job vacancies in Railways.

10 July 2019 1:55 PM IST

Corn is a fave ingredient during the monsoon, with high nutrient values. Come, try out these delicacies.

Business

MMTC postpones tender to import corn: Traders

The previous tender deadline was Tuesday, July 9. Offers must now remain valid up to July 18.

10 July 2019 1:33 PM IST