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

Fearing for their jobs, Air India unions oppose privatisation bid

The forum of 13 unions have decided to oppose the privatisation move, said a union functionary.

8 July 2019 8:03 PM IST

Inflows to equity schemes jump three-times in June: Amfi data

Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74...

8 July 2019 7:52 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

8 July 2019 7:49 PM IST

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

Rupee drops 24 paise to 68.66 against US dollar amid equity meltdown

Foreign institutional investors pulled out Rs 401.99 crore on Monday, hitting the rupee sentiment.

8 July 2019 6:40 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.

Over Rs 3 lakh cr investor wealth eroded as stock market plunges

Intra-day, the 30-share Sensex fell sharply by 907.91 points to 38,605.48. It closed at 38,720.57, down 792.82 points.

8 July 2019 5:51 PM IST

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Agriculture Minister expresses concern over delay in sowing of kharif...

The Centre is in touch with the states to jointly tackle the situation if there is any drought like situation.

8 July 2019 5:40 PM IST

The home goods retailer has already spent close to $750 million procuring Indian sites for four stores.

Will hold consultations on relaxing local sourcing norms for single...

We would try to make it more simple for retailers to comply with the provisions of sourcing, said Ramesh Abhishek.

8 July 2019 5:20 PM IST

21 Regional Rural Banks amalgamated, says govt

The roadmap proposes to bring down the number of RRBs to 38 from 56, said MoS Finance Anurag Thakur.

8 July 2019 5:01 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold prices rule flat after two-day rally on custom duty hike

Gold is trading at Rs 35,470 per 10 gram in the bullion market here after rising for two consecutive days post Budget.

8 July 2019 4:04 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs...

8 July 2019 3:50 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Over 3.81 lakh new jobs created in central govt departments in last...

Over 53,000 new jobs were created in indirect tax departments and 29,935 in direct tax departments.

8 July 2019 2:53 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex plunges 793 points on Budget woes, global selloff

After plunging over 907 points, the 30-share index settled 792.82 points or 2.01 per cent lower at 38,720.57.

8 July 2019 2:50 PM IST