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$The Union Commerce Secretary Anup Wadhawan said, \The benefits in absolute sense and a percentage of trade involved are very minimal and moderate.$ Business

India to impose retaliatory tariff on 29 US items from June 16

A notification with this regard will be issued by the finance ministry soon, sources said.

14 Jun 2019 5:21 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 closes 289.29 points lower at 39,452; bank stocks drag

Bucking the weak market trend, L&T, Sun Pharma, Vedanta, PowerGrid and TCS rose up to 0.80 per cent.

14 Jun 2019 3:49 PM IST

Times have changed what we saw as smartphones and computers as the window to the world, will soon see the television as the next open window.

Business

India ad spend likely to be Rs 697 billion in 2019: Report

The 2019 estimate is up from January's projection of 10.6 per cent growth in ad spend, and 10.8 per cent in 2018, the...

14 Jun 2019 3:27 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Business

Gold surges Rs 300 on fresh buying, strong global trend

Gold is trading at Rs 33,870 per 10 gram in the bullion market on fresh buying by jewellers and a firm trend overseas.

14 Jun 2019 3:08 PM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)

Business

Sitharaman's pre-budget meeting underway with Social Sector Groups...

Union Budget will be presented on July 5 followed by presenting the Economy Survey on July 4.

14 Jun 2019 2:32 PM IST

At present diesel cars at Maruti, which sells one car out of two bought in the country, account for almost a third of its sales.

Business

Passenger vehicle retail sales dip 1 pc in May: FADA

Two-wheeler sales declined by 8.6 per cent to 14,07,361 units last month as compared with 15,40,377 units in the...

14 Jun 2019 2:24 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Jet Airways shares continue downward trend; tank 15 per cent

The scrip tumbled 13.37 per cent to Rs 79.65 -- its multi-year low -- on the BSE.

14 Jun 2019 1:16 PM IST

Turnover of the co-operative rose by 34 per cent to Rs 27,851.74 cr during 2018-19, from Rs 20,787.55 cr in the previous year.

Business

IFFCO FY19 net profit down 10 pc at Rs 841 cr, turnover up 34 pc at Rs...

IFFCO's total production of fertilisers increased to 81.49 lakh tonnes last fiscal year, from 78.71 lakh tonnes.

14 Jun 2019 12:57 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

Business

WPI inflation at nearly 2-yr low at 2.45 pc in May

Wholesale Price Index inflation in May is the lowest in 22 months, since July 2017.

14 Jun 2019 12:49 PM IST

Dr Reddys said it will receive sales-based royalties on a quarterly basis.

Business

Dr Reddy's to sell 2 neurology branded products to Upsher-Smith Labs...

Under the agreement, Dr Reddy's will receive USD 70 million as upfront consideration, USD 40.5 million in near-term...

14 Jun 2019 11:44 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Business

Anarock budget wish list for realty sector: More bank funds, ITC...

The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.

14 Jun 2019 11:35 AM IST

Mobiquity creates digital products for brands like Amazon Web Services, Rabobank, Philips, Wawa, Backbase and Otsuka.

Business

Hexaware acquires US-based Mobiquity for USD 182 million

Hexaware had reported revenues of USD 180 million (Rs 1,264 crore) in the January-March 2019 quarter.

14 Jun 2019 10:45 AM IST