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The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.Business
Upsides likely once 12,102 bar is crossed

The Nifty index ended 165.75 points or 1.39 per cent higher at 12,088.55.

4 Jun 2019 2:19 AM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.Business
MFIs stay resilient to liquidity crisis

Those who have already reported, have recorded a growth of 37 per cent.

4 Jun 2019 2:18 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.Business
Fitch cuts ICICI, Axis rating

BB rating indicates speculative grade and BBB points to good credit quality.

4 Jun 2019 2:18 AM IST

Reserve Bank of India (RBI)Business
Batliboi barred from auditing banks

The central bank added that the action taken in the matter has been communicated to the Institute of Chartered...

4 Jun 2019 2:18 AM IST

A fall in US treasury yields and bets for the US interest rate cut weighted on the greenback.Business
Rupee, bond rally on global, local tailwinds

The rupee ended higher by 42 paise at 69.25 on Monday compared to its previous closing.

4 Jun 2019 2:18 AM IST

Addressing a conference on Insolvency and Bankruptcy Code (IBC) at Hong Kong on Thursday, IBBI chief MS Sahoo observed that \in addition to rescuing viable firms, which is the sole objective of IBC; resolution plans under IBC have yielded 200 per cent of liquidation value for creditors.\Business
Haircut compared to amount due, but bonus compared to liquidation...

According to Sahoo, the resolution plans have yielded about 200 per cent of liquidation value for creditors.

4 Jun 2019 2:17 AM IST

\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)Business
India Inc pitches for land and labour reforms to achieve double-digit...

To target GDP growing up to 10 per cent by 2023-24, the total investment requirement is estimated at USD 5.74 trillion.

3 Jun 2019 6:40 PM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.Business
Telecom minister promises dialogue with industry on outstanding...

The telecom sector is burdened with staggering debt levels and cut throat competition.

3 Jun 2019 6:23 PM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEOBusiness
Commerce Ministry to hold meet on Jun 6 to discuss ways to boost...

Board of Trade (BoT) would seek views of all stakeholders on the forthcoming foreign trade policy.

3 Jun 2019 5:48 PM IST

Opposition parties were trying to spread bitterness, casteism and regionalism in the country to target the BJP, Union Minister Ravi Shankar Prasad alleged. (Photo: ANI/Twitter)Business
Ravi Shankar Prasad warns social media firms on platform misuse

IT Ministry, last year, began work on tightening rules for social media and online companies, for which it held wide...

3 Jun 2019 5:28 PM IST

Reserve Bank of India (RBI)Business
RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM 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.Business
Sensex, Nifty close at record highs on rate cut hopes

The 30-share Sensex also saw its all-time peak in intra-day trade at 40,308.90.

3 Jun 2019 4:18 PM IST

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