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

Rupee rises 13 paise to 69.22 vs US dollar in early trade

Forex dealers said foreign fund inflows and selling of the American currency by exporters supported the rupee.

25 Jun 2019 10:58 AM IST

Congressman Mike Pompeo. (Photo: AP)

India, US nearing industrial security pact for defence technology...

After years of hesitation, India signed an agreement in 2016 to allow both countries to access each other's military...

25 Jun 2019 10:24 AM 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 falls over 150 points; IT stocks drag

Top losers in Sensex included HCL Tech, Sun Pharma, Hero MotoCorp, Asian Paints, Tata Steel, TechM, TCS and IndusInd...

25 Jun 2019 10:05 AM IST

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.

Follow-up buying seen emerging in market

The index consolidated in a range throughout the day and ended around the 11700 mark.

25 Jun 2019 4:21 AM IST

The tourists will get an opportunity to visit the deep inside the coal mines in Bhandewada and Ukani to understand the intricacies involved in coal mining.

Manikaran eyes lithium refinery

In the new scheme of things, the two companies will contribute their respective skills, resources and know-how towards...

25 Jun 2019 4:17 AM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Promoters sell 10 per cent in Emami, raise Rs 1,230 crore

The company had earlier resolved to pare the debt of Emami Group and the latest move aims at doing that in the next 6 to...

25 Jun 2019 4:10 AM IST

Hyundai, Indias second biggest Korean car makers new attractive sub-compact SUV model Venue has bucked the trend of steep falling cars sales in Asias third biggest economy.

Hyundai Venue crosses 34,000 bookings

The sales of Maruti Vitara Brezza, which were between 13,000 units to 14,000 units every month, had come down to about...

25 Jun 2019 4:04 AM IST

Flipkart CEO Binny Bansal.

Binny makes $76.4 million more from stake sale

Bansal transferred 539,912 equity shares to FIT Holdings SARL, Walmart's Luxembourg entity.

25 Jun 2019 3:58 AM IST

RBI Deputy Governor Viral Acharya

After Viral Acharya's exit, MPC may turn less hawkish

Acharya's departure will remove from the Monetary Policy Committee its most articulate hawk.

25 Jun 2019 3:54 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI launches CMS for filing online complaints against banks, NBFCs

The RBI also plans to introduce a dedicated Interactive Voice Response (IVR) system for tracking the status of...

24 Jun 2019 8:37 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

IPO in long-term strategy, currently focused on driving e-commerce...

Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold.

24 Jun 2019 8:09 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Jalan panel on RBI's capital size again defers report submission till...

The ECF panel will meet again in July and will submit the report post Budget.

24 Jun 2019 7:39 PM IST