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The Nifty Infrastructure Index also gained 2.94 per cent.

Infra stocks gain on big investment hopes

The Bank of America Merrill Lynch Global Research report said lower interest rates will support economic recovery and...

25 May 2019 1:53 AM IST

Ind-Ra estimates that nearly 60 million tonne of the actual production of iron ore from these mines could be disrupted.

Delay in ore mines auction may disrupt steel output in FY20

Interestingly, of the last major auctions of about 88 iron ore deposits, only a handful has started to operate.

25 May 2019 1:51 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Further upsides likely next week

While the Sensex ended 298 points or 0.76 per cent lower at 38,811, the Nifty was down 80 points or 0.69 per cent at...

25 May 2019 1:47 AM IST

(Photo: Pixabay)

RB enters liquid detergent market with Woolite

The detergent market in India is divided into three segments - premium, mid-range, and popular.

25 May 2019 1:45 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Re rises 49p on yuan appreciation, oil fall

The greenback eased against its major counterparts tracking lower US yields and poor Purchasing Managers Index data from...

25 May 2019 1:41 AM IST

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

Draft liquidity norms for NBFCs released

NBFCs will have to maintain minimum high quality liquid assets of 100 per cent of total net cash outflows over the...

25 May 2019 1:41 AM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Forex reserves decline by USD 2.05 bn to USD 417.99 bn

In the previous week, the reserves had risen by USD 1.368 billion to reach USD 420.055 billion.

24 May 2019 7:39 PM IST

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

Rupee surges 49 paise against US dollar on PM Modi's landslide win

However, concerns over ongoing US-China trade tariff tussle continued to hurt forex market sentiment.

24 May 2019 7:30 PM IST

Out of the 30,000-odd J&K youth, who were trained under its Udaan scheme, more than 18,000 have received job offers from prestigious corporate houses. (Representational image)

11.38 lakh jobs created in March in formal sector, shows ESIC data

As per ESIC's latest payroll data, around 1.48 crore jobs were generated in 2018-19 financial year.

24 May 2019 7:23 PM IST

The main business of Rural Electrification Corporation (REC) Ltd is to finance power sector.

REC Ltd net profit rises 50 pc to Rs 1,256 crore in March quarter

REC Ltd's consolidated net profit for 2018-19 was Rs 5,741.38 crore, up from Rs 4,450.52 crore a year ago.

24 May 2019 6:24 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland Q4 net dips 12 pc at Rs 653 crore

For 2018-19 fiscal, the firm reported a consolidated profit of Rs 2,194.6 crore as against Rs 1,813.82 crore in 17-18.

24 May 2019 5:04 PM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Post PM Modi led BJP victory, Sensex gains 623.33 points to close at...

Analysts believe the victory of Modi-led coalition will ensure continuation in reform measures initiated during NDA's...

24 May 2019 4:08 PM IST