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

Spencer's Retail to buy Nature's Basket in USD 43 million deal

Spencer's, a part of RP Sanjiv Goenka Group (RPG), runs its own grocery stores in parts of the country.

17 May 2019 4:48 PM 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)

Sensex soars 537 points; Nifty reclaims 11,400-mark

The 30-share BSE benchmark closed 537.29 points, or 1.44 per cent, higher at 37,930.77.

17 May 2019 4:00 PM IST

The gold bars of 99.9 per cent purity were found inside the pockets.

Gold slides by Rs 160 on muted demand, weak global trend

Gold is trading at Rs 33,170 per 10 gram in the national capital due to tepid demand from jewellers.

17 May 2019 3:46 PM IST

The Taj Mahal Hotel on Mansingh Road. (Photo: PTI)

IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel...

Investments will be done over the next three years and the joint platform will look at potential hotel assets in India.

17 May 2019 3:22 PM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

Bitcoin sinks abruptly after seven weeks of recovery

After many lackluster months, the price of bitcoin started to rally from early April, hitting a 10-month high earlier...

17 May 2019 3:09 PM IST

Warning against 'Taliban' tendencies, Anand Mahindra praises Mahatma...

The chairman of Mahindra Group tweeted 'some things must remain sacred.'

17 May 2019 2:54 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

US-China trade tensions may lead to dumping of Chinese goods in India:...

Chinese exports accounted about 18 per cent of the total US imports in 2018, representing 2.34 pc of the US GDP.

17 May 2019 2:43 PM IST

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

NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech

The NCLAT also allowed nine homebuyers' associations representing around 5,000 buyers to file intervention application.

17 May 2019 2:24 PM IST

15th Finance Commission chairman N K Singh.

Land, labour reforms to push economic growth: N K Singh

Central government debt is estimated at 48.9 per cent as a percentage of GDP for 2018-19.

17 May 2019 2:20 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Five effects of Jet Airways's collapse on airline industry

Airport operators and oil marketing companies have lost a big customer with Jet Airways' collapse.

17 May 2019 2:13 PM IST

China could have a larger share of the Indian market than earlier, provided it plays fair.

GSP countries like India to benefit from US trade war with China:...

Trump announced that US intends to terminate India's designations as a beneficiary country under the GSP programme.

17 May 2019 12:00 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Nissan's Saikawa to stay on as president, Renault chief to join board:...

The appointments are likely to be announced on Friday and presented for approval at a shareholder meeting in June.

17 May 2019 11:27 AM IST