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The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Broader market remains positive

The Sensex was up 157.14 points at 39,592.08, while Nifty was up 51 points at 11,847.50.

27 Jun 2019 1:42 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Rise in investors demanding unclaimed money

The Ministry of Corporate Affairs (MCA) expects to receive 24,000 claims this year against just about 2,000 two years...

27 Jun 2019 1:41 AM IST

The increase is sharper in eastern states like West Bengal and Assam where 40 per cent of the portfolio has average ticket size of more than Rs 60,000.

Rising exposure of MFI loans per lender worries industry

Industry observers are concerned about this leading to higher levels of defaults in the event of unforeseen...

27 Jun 2019 1:39 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

FPIs bump up stock buy ahead of Budget

FPIs have been net buyers of Indian equities worth Rs 78,402 crore this year so far, but in June so far their buying has...

27 Jun 2019 1:37 AM IST

The central bank also clarified that the data can only be shared with the foreign regulators after its approval.

Data related to payments to be stored only in India

RBI says data processed abroad to be brought in 24 hours & deleted.

27 Jun 2019 1:35 AM IST

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

Rupee settles 21 paise higher at 69.15 to US dollar

At the interbank foreign exchange market, the rupee opened at 69.40 a dollar and advanced to a high of 69.07 during the...

26 Jun 2019 8:29 PM IST

Electronic payments has given us a new way to pay, but it must not replace cash payments. (Photo: Pixabay)

Data related to payments to be stored only in India: RBI

In case payment processing is done abroad, data should be deleted there and brought back to India within 24 hours, said...

26 Jun 2019 6:47 PM IST

The ubiquitous sight of people defecating in the open continues to repulse Mumbaikars. (Photo: Shripad Naik)

Inflation pinches much less for expats than average Indian

Mumbai continues to be the most expensive city for expats in India and Kolkata is the cheapest, claims a study.

26 Jun 2019 6:30 PM IST

Reliance Infrastructure on Monday said it has signed an agreement with Adani Transmission (ATL) to transfer its Western Region System Strengthening Scheme power transmission assets. Photo: RInfra website

Reliance Infrastructure shares zoom 18 pc on Rs 7,000-cr project win

The scrip jumped 17.44 per cent to close at Rs 60.95 on the BSE. During the day, it climbed 24.85 per cent to Rs 64.80.

26 Jun 2019 6:03 PM IST

Reserve Bank of India (RBI)

RBI panel on MSME suggests Rs 15,000 cr fund to support industry

The contribution of the sector in the economy is currently constrained due to several challenges affecting growth in the...

26 Jun 2019 4:33 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.

Sensex rises 157 points; metal, power stocks rally

Extending its gains for second session, Sensex settled 157.14 points, or 0.40 per cent, higher at 39,592.08.

26 Jun 2019 4:25 PM IST

In a written reply to Lok Sabha, Mines Minister Pralhad Joshi said in 2018-19 India produced 206.4 MT iron ore while in 2017-18 the output was 200.9 MT. (Photo: File)

No shortage of iron ore in country: Mines Minister

As on date, 20 iron ore blocks -- having a reserve of 583.057 MT -- have been auctioned.

26 Jun 2019 4:05 PM IST