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With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee gains 23 paise against dollar in early trade

A higher opening in domestic equities and on US-China trade talk supported the domestic currency.

15 May 2019 10:13 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex, Nifty start on a positive note amid firm global cues

The 30-share index was trading 98.07 points, or 0.26 per cent, higher at 37,416.60.

15 May 2019 10:07 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil prices ease on surprise rise in US stockpiles, but Middle East...

WTI crude futures were at USD 61.39 per barrel, down 39 cents, or 0.6 per cent.

15 May 2019 9:56 AM IST

As on March 31, 2019, there were 1,143 cases outstanding under the IBC of which resolution in 32 per cent of the cases was pending for more than 270 days.

IBC process helps recover Rs 70,000 cr bad loans in FY19: Report

The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.

15 May 2019 8:49 AM IST

File photo of a Jet Airways flight.

Jet Airways saga: CEO Vinay Dube, 3 senior executives deboard airline

The carrier's Chief People Officer Rahul Taneja has also put in his papers.

15 May 2019 8:36 AM IST

Paytm Mall has also unveiled the exclusive online launch of Vivobook X507 on its platform, available through Asus offline retail stores.

Paytm Mall probe reveals up to Rs 10 crore fraud

A company spokesperson clarified quantum of the fraud would be less.

15 May 2019 8:27 AM IST

Jaypee Infratechs Interim Resolution Professional (IRP) Anuj Jain too favoured voting process for the revised offer.

Jaypee Committee of Creditors decides to vote on NBCC bid

Bankers who participated in the CoC meet here opposed putting the NBCC's bid to vote and pitched for further...

15 May 2019 2:01 AM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Provisioning key theme of bank results in 4th quarter

Credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has come down to 2.75 per cent to 3 per cent in...

15 May 2019 1:55 AM IST

At present diesel cars at Maruti, which sells one car out of two bought in the country, account for almost a third of its sales.

Component firms buckle up for tech shift

Some companies like Schaeffler India have mentioned the impact of this in their recent quarterly calls, she pointed out.

15 May 2019 1:51 AM IST

In the auto sector, the sentiment is muted, with buyers deferring purchases on lack of financing support from the non-bank finance companies, or NBFCs.

Outlook gloomy for auto, brightening for property: Survey

For cars in particular, purchase decisions appear to be getting pushed out to beyond a two-year horizon.

15 May 2019 1:48 AM IST

BMW Motorrad, the premium motorcycle arm of German luxury car maker BMW Group, on Tuesday expanded its bike range with the launch of the all-new BMW F850 GS Adventure bike, priced at Rs 15.40 lakh at pan India showroom to boost sale in Asias third biggest economy.

BMW launches F850 GS bike at Rs 15.40 lakh

This new long-distance touring enduro motorcycle was first unveiled at the 2018 EICMA show in Milan, Italy.

15 May 2019 1:43 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Nifty closes below its intermediate hurdle

In the Nifty 50 basket of shares 34 ended higher while 16 closed lower.

15 May 2019 1:40 AM IST