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LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex rises over 100 pts, Nifty above 11,850

The 30-share index was trading 88.07 points, or 0.22 per cent, higher at 39,680.15 at 0930 hours.

27 Jun 2019 9:57 AM 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)

India won't bargain national interest in trade talks with US: Goyal

India exported goods worth over USD 6 billion under GSP in 2018.

27 Jun 2019 9:44 AM IST

Reserve Bank of India (RBI)

RBI releases directions on rupee interest rate derivatives

These regulations were framed with a view to guide the initial evolution of the market through prescriptive...

27 Jun 2019 9:29 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

G&J sector wants gold duty to be 4 per cent

GJC has further asked to lower the commission on credit card transactions.

27 Jun 2019 1:49 AM IST

Since January this year it has set up 31 stores in Delhi-NCR, Bangalore and Jaipur. On Tuesday it added four new stores in Pune and one in Lucknow.

CarDekho to expand as used car mkt outperforms

Plans are afoot to enter the lucrative Mumbai, India's financial hub shortly.

27 Jun 2019 1:47 AM IST

Almost half the downgrades by ICRA in FY18 were induced by the weakening business position of entities.

No duty gains to tyre firms

Now experts at ICRA felt that this duty imposition will not have significant impact on tyre demand for domestic tyre...

27 Jun 2019 1:44 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.

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