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According to CII, strong rural consumption is reflected in sectors such as consumer non-durables, 2-wheelers and tractors.

CII to focus on enhancing industry competency, job creation

Employment generation would focus on education, skills, livelihood, human resource development.

15 May 2019 7:38 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Exports grow marginally, imports up 4.5 per cent in April

Oil imports grew by 9.26 per cent to USD 11.38 billion and non-oil imports expanded by 2.78 per cent.

15 May 2019 7:24 PM IST

Grofers works closely with 4,000-5,000 small merchants who help the company fulfill its orders.

Grofers raises USD 200 mn led by SoftBank Vision Fund for market...

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 6:14 PM IST

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

Rupee rises for 2nd straight day; settles up 10 paise at 70.34 vs USD

Forex traders said the rupee strengthened after the RBI announced a plan to conduct the open market operation.

15 May 2019 6:02 PM IST

With six different storage class options, Amazon S3 provides the broadest array of cost-optimization options available in the cloud today.

Amazon Web Services launches availability zone in Mumbai

Microsoft and the new entrant Google are also upping their play in the cloud services market, which is led by AWS.

15 May 2019 5:42 PM IST

Indias mammoth rail network is truly a mass transportation system, with railway track cut through some of the most densely populated cities, flanked by shanty towns, in the nation of more than 1.3 billion people. (Photo: AP)

Govt plans to sell 15 pc in RITES via OFS; to fetch about Rs 700 cr

Railways consultancy firm RITES got listed on the bourse in July 2018 after it raised about Rs 466 crore through an IPO.

15 May 2019 5:01 PM IST

NAtional Stock Exchange.

NSE fines 250 companies for non-compliance with listing regulations

The move is in accordance with Sebi's circular that had put in place a standard operating procedure to check...

15 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 tumbles 204 points; Nifty ends below 11,200

After gyrating over 500 points, the 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88.

15 May 2019 4:09 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold loses sheen, falls Rs 135 on tepid demand

Gold is trading at Rs 33,260 per 10 gram in the national capital on lacklustre demand from jewellers.

15 May 2019 4:08 PM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Next government seen relying on RBI rate cuts to spur growth

The two finance ministry officials said the government expects at least another 50 bps cut by August.

15 May 2019 3:38 PM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Citi, Paytm tie up to issue credit cards, offer 1 pc cashback on...

Citi is already one of the largest credit card issuers in India with over 2.7 million cards in March 2019.

15 May 2019 3:35 PM IST

File photo of a Jet Airways flight.

Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet...

Darwin Platform Group has offered Rs 14,000 crore to acquire Jet Airways, its CEO Rahul Ganpule said.

15 May 2019 2:49 PM IST