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HDFC AMC's shares tank after FMP rescue

Shares of HDFC Asset Management Company, which had run up sharply in the past few weeks, fell 6.32 per cent on Tuesday,...

19 Jun 2019 2:21 AM IST

The question now will be what operations are centrally managed and controlled.

Business

Mauritius rule changes may hit offshore funds

Funds may lose tax benefit after rule amendment.

19 Jun 2019 2:19 AM IST

Business

PM Narendra Modi meets key secretaries in run up to Budget

PM Modi is likely to have discussed the reforms road map for every department.

18 Jun 2019 7:10 PM IST

This is the first time the ministry has proposed to tighten the rules to check fake driving licences to ensure road safety in the country.

Business

Govt to remove minimum educational qualification requirement for...

Removal of the requirement will open up employment opportunities for a large number of unemployed persons, especially...

18 Jun 2019 6:54 PM IST

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

Business

Rupee snaps 3-day losing streak; rises 21 paise to 69.70 vs USD

Forex dealers said selling of dollars by exporters and gain in other Asian currencies supported rupee.

18 Jun 2019 5:51 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 86 points higher; Jet Airways nosedives 41 per cent

Overall market sentiments turned a bit optimistic in view of lower crude oil prices and strengthening rupee.

18 Jun 2019 4:14 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business

Jet stock plummets 53 pc, over Rs 400 cr investor wealth drained

Insolvency proceedings against Jet Airways likely to begin this week.

18 Jun 2019 3:53 PM 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.

Business

Gold edges up by Rs 100, silver rises Rs 130

Gold is trading at 33,720 per 10 gm at the bullion market on the back of positive demand from local jewellers.

18 Jun 2019 3:48 PM IST

Prime Minister Narendra Modi (Representional Image)

Business

Modi readying to sell off weak PSU banks to fund rural homes

India's central bank and the govt is in the midst of cleaning up a banking system saddled with the world's worst NPA...

18 Jun 2019 3:28 PM IST

The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals working in areas with shortages of qualified American workers. (Photo: Representational | File)

Business

Indian-American population up by 38 pc in 7 yrs, 630,000 undocumented:...

The increase in illegal Indian-Americans can be attributed to Indian immigrants overstaying visas, the report said.

18 Jun 2019 1:14 PM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

Business

Goyal asks companies to submit concerns on draft e-commerce policy in...

The draft national e-commerce policy has proposed setting up a legal and technological framework for restrictions on...

18 Jun 2019 12:54 PM IST

First half of FY20 will see a net addition of 11.5 lakh jobs across sectors. However, H1 will see a slower growth of three per cent as the elections have affected the hiring sentiments.

Business

Manufacturing, infrastructure to add 58,200 jobs in Apr-Sept FY20

According to TeamLease Services report for April-September FY20, these industries will witness a 2 pc increase in net...

18 Jun 2019 12:53 PM IST