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

Rupee rises 8 paise to 69.38 vs USD in early trade

Forex dealers said, the local currency gained strength amid weakening of the greenback in overseas markets.

10 Jun 2019 10:33 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 rallies over 350 pts; Nifty above 11,900

Early trade on Monday was driven by gains in IT and banking stocks amid positive global and domestic cues.

10 Jun 2019 10:27 AM IST

Monthly inflation and industrial production data (Wednesday), Budget related developments this week will be other triggers for the market. (Photo: Pixabay | Representational)

Monsoon arrival may cheer market

Monsoon arrival and its advance as the week progresses is likely to cheer agri-input stocks.

10 Jun 2019 4:33 AM IST

The overall pepper production in India was projected to be nearly 60,000 tonne. But the actual quantity may well be much less as production in Karnataka and Kerala, two key pepper producing states, were hit by inclement weather.

Pepper exports may dip this year

Two varieties of pepper from Wayanad--Malabar Garbled and the Tellichery Extra Bold--are of great demand in the...

10 Jun 2019 4:30 AM IST

IFIN, which has been found to be funding its own revenues for several years, was the main source of funds for the IL&FS group entities.

IL&FS brass ignored early warning by whistleblower

The scam at IL&FS hit last year after several group entities defaulted on repayments dues.

10 Jun 2019 4:26 AM IST

SBI said it would launch repo rate-linked home loans from July 1. More lenders are likely to follow suit, as SBI is the market leader with around 35 per cent of share.

Transmission of RBI rate cut is finally happening

RBI may again ask banks to link loans to repo or G-sec.

10 Jun 2019 4:22 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet...

As per the Basel III regulations, Central Bank said, it will be required to maintain minimum common equity tier I ratio...

9 Jun 2019 1:53 PM IST

PM Modi has set an ambitious target of nearly tripling the countrys total renewable energy capacity to 175 gigawatt (GW) by 2022, spurring global firms including Japans SoftBank and Goldman Sachs to invest in solar projects in India. (Photo: PTI | Representational)

Power minister positive on achieving 175 GW renewable energy target

The overall renewable energy established capacity has reached 80,000 MW level. 24,000 MW is under installation.

9 Jun 2019 12:15 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Pre-Budget consultations; Sitharaman to meet economists, industry...

The state finance ministers are also expected to give their suggestions for Budget 2019-20.

9 Jun 2019 11:59 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST Council to meet soon, may fix Rs 50 cr turnover threshold for...

The turnover threshold for entities to generate e-invoice for B2B sales is likely to be fixed at Rs 50 crore if the GST...

9 Jun 2019 11:39 AM IST

Union transport and surface minister and BJP senior leader Nitin Gadkari

India's infra push: lucrative plans for private players: Nitin Gadkari

The investor makes a lumpsum payment in return for long-term toll collection rights backed by a sound tolling system.

9 Jun 2019 11:33 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Assocham for raising tax exemption limit to Rs 5 lakh in Budget

The government is scheduled to present its first full Budget on July 5, for the current financial year.

9 Jun 2019 11:19 AM IST