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To continue the uptrend, the market has to close above the recently made lifetime high which is 12,040 level.

Market may remain volatile this week

According to technical analysts, while the sentiment is on the bulls' side, breaking the high might be difficult.

27 May 2019 3:22 AM IST

FPIs had resumed selling in the first half of May after domestic markets witnessed heavy inflows of around $10 billion in previous three months.

FPIs pump in over Rs 5,800 crore post-polls

More investment in stock market seen.

27 May 2019 3:15 AM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

Niti Aayog for revamp of Indian statistical system

The government has set a disinvestment target of Rs 90,000 crore for 2019-20.

26 May 2019 2:03 PM IST

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

Jaypee Infra insolvency: Creditors' meet on May 30 to discuss NBCC bid

At present, bankers and NBCC are negotiating on the latter's bid to acquire Jaypee Infratech.

26 May 2019 1:56 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

COAI urges new govt to ease telecom sector's financial woes, review...

The industry also wants the government to look at making spectrum prices more affordable.

26 May 2019 11:29 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs pull out Rs 4,375 crore in May so far

FPIs withdrew a net sum of Rs 2,048 cr from equities and Rs 2,309.86 cr from the debt market.

26 May 2019 11:21 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Single authority for sanctioning, processing GST refunds likely by...

A single window tax refund in a federal, democratic economy would be a massive jump in ease of doing business.

26 May 2019 11:16 AM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.

L&T picks up Mindtree shares worth Rs 316 cr between May 20-24

The infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore.

26 May 2019 10:37 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin to launch ETF with bank stocks, fin institutions this fiscal

Govt is looking at diversifying the ETF basket by including stocks public sector banks and financial institutions.

26 May 2019 10:35 AM IST

Jet Airways founder and former chairman Naresh Goyal

Jet Airways founder Naresh Goyal and wife stopped from leaving India:...

Local media said the Goyals had been traveling to Dubai for a connecting flight to London.

26 May 2019 10:23 AM IST

The company is manufacturing module and solar panels, which were cheaper and durable, for Indian markets, general manager(business development) of Adani Solar Cecil Augustine told reporters. (Photo: File)

Adani Solar aims at 50 per cent market share, says company official

Currently 80 per cent of solar panels available in India are made in China.

25 May 2019 9:10 PM IST

India is poised to move on a higher growth trajectory provided such politically motivated attempts to discredit India and dent its credibility and progress is appropriately countered, said CAs. (Photo: pixabay)

Government orders revamp, merges NSSO, CSO into NSO

Statistics and Programme Implementation issued an order on May 23 regarding the restructuring of the ministry.

25 May 2019 8:24 PM IST