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

Rupee recovers 21 paise against US dollar

Forex dealers said heavy buying in domestic equities propped up the rupee.

11 Jun 2019 7:18 PM IST

Reserve Bank of India (RBI)

New RBI norms to give more lenders headroom to resolve large NPAs:...

New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.

11 Jun 2019 7:10 PM IST

CII on Sunday said businesses across several key sectors are seeing firm growth in sales and orders.

Bring down corporate tax to 18 per cent sans exemptions: CII

Government has already reduced corporate tax to 25 per cent for companies having turnover of less than Rs 250 crore.

11 Jun 2019 6:47 PM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

Auto component industry seeks stable road map for EV transition

Govt should adopt a pragmatic approach to create a stable and long-term road map for a transition to EVs, said industry...

11 Jun 2019 6:37 PM IST

Tata Steel gave no update on the future of the rest of its UK assets including Britains biggest steel plant at Port Talbot in Wales.

EU blocks Thyssenkrupp-Tata steel merger plan

The aim of the merger had been to create the second largest European steel company behind multinational giant...

11 Jun 2019 5:25 PM IST

Even if companies can continue to sell components without being subject to US restrictions, any disruption to Huaweis operations will have a knock-on effect on its suppliers. (Photo: AP)

Huawei denies being bound by Chinese spy laws

Huawei currently provides the most advanced -- and least expensive -- 5G technology in the world.

11 Jun 2019 5:17 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 furthers gains for 3rd session on robust global cues

After rallying nearly 300 points during the day, BSE Sensex settled 165.94 points, or 0.42 pc, higher at 39,950.46.

11 Jun 2019 4:16 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold plunges Rs 360 on tepid demand, weak overseas trend

Traders attributed the decline in gold prices to a weak trend overseas and easing demand from jewellers at the domestic...

11 Jun 2019 4:03 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST council to introduce new GST return system

A transition plan has been worked out, said an official release on 31st meeting of GST Council, said an official...

11 Jun 2019 3:38 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo announces special summer sale, fares start as low as Rs 999

IndiGo is offering customers all-inclusive fare starting at Rs 999 across domestic and Rs 3,499 across international...

11 Jun 2019 3:18 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)

Jet Airways shares plunge nearly 15 per cent

The scrip tumbled 14.41 per cent to Rs 107.15 -- its 52- week low -- on the BSE Sensex.

11 Jun 2019 2:30 PM IST

Youngsters these days are following the trend of switching jobs often.

Only 13 pc employers in India have hiring plans July-Sep quarter:...

According to ManpowerGroup survey, while 13 per cent of employers expect to increase payrolls, none forecast a decrease.

11 Jun 2019 1:55 PM IST