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Few large retail outlets have already started advertising the downward revised prices of FMCG items.

DPIIT proposes national retail policy as part of its 100-day action...

A national retail policy will be formulated to benefit 65 million small traders, an official said.

30 May 2019 3:13 PM IST

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from...

As many as 13 banks and over 23,000 home buyers have voting rights in CoC. Buyers have nearly 60 per cent votes.

30 May 2019 3:03 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Total M&A, PE deal value drops 79 pc to USD 4,579 mn in April: Report

Total M&A value in April was USD 735 million against USD 19,142 million in the same month a year ago.

30 May 2019 12:03 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI to raise Rs 5,000 cr by issuing Basel III-compliant bonds

Shares of State Bank of India closed 3.29 per cent down at Rs 348.55 apiece on the BSE on Wednesday.

30 May 2019 10:23 AM IST

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

Rupee rises 12 paise to 69.71 vs USD in early trade

Rupee rise was driven by positive opening in domestic equities and weakening of the greenback in overseas markets.

30 May 2019 10:15 AM IST

GMR Infrastructure

Impairment hit GMR Infra's Q4 loss at Rs 2,341 cr

The company had reported Rs 4.81 crore profit after tax during the same quarter in FY18.

30 May 2019 10:09 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, Nifty start on a positive note ahead of F&O expiry

After rising over 100 points in opening session, the BSE Sensex was trading 94 points, or 0.24 per cent, higher at...

30 May 2019 9:55 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Banks can use Aadhaar for KYC with customer's consent: RBI

RBI said that 'Proof of possession of Aadhaar number' has been added to the list of Officially Valid Documents.

30 May 2019 9:35 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Signs of weakness in underlying trend

On the NSE, ten out of eleven sectoral indices ended lower, led by the NSE Nifty PSU Bank down 2.8 per cent.

30 May 2019 2:37 AM IST

Globally, e-pharma presents a total addressable market size of $9.3 billion as of 2019 and is estimated to grow at a CAGR of 18.1 per cent to reach $18.1billion by 2023.

E-pharma market to touch $2.7 bn by 2023: EY India

At present the e-pharma market is estimated to be $360 million, a recent report titled: 'e-pharma: Delivering Healthier...

30 May 2019 2:32 AM IST

US Treasury Department continues to keep China in the list.

US removes India from currency monitoring list

India meets only one out of the three criteria, a significant bilateral surplus with the US in the list.

30 May 2019 2:28 AM IST

The top losers included Tata Motors (-2.46 per cent), Maruti Suzuki (-2.33 per cent), Eicher Motors (-1.71 per cent), Ashok Leyland (-1.64 per cent), Bajaj Auto (-2.25 per cent).

Auto stocks skid ahead of May sales numbers

Passenger vehicle, two-wheelers and tractors may see sharper volume decline as compared to medium and heavy commercial...

30 May 2019 2:24 AM IST