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Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Mukesh Ambani in top Global Thinkers list of Foreign Policy

With a fortune of USD 44.3 billion, Mukesh Ambani displaced Jack Ma in 2018 as Asia's richest man.

16 Jan 2019 4:44 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex, Nifty end marginally higher amid mixed global cues

After swinging nearly 200 points, the 30-share BSE Sensex index settled 2.96 points, or 0.01 per cent, higher at...

16 Jan 2019 4:12 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold rises for 3rd day, surges to Rs 33,190 per 10 gm

Gold is trading at Rs 33,190 per 10 gram at the bullion market here due to increased demand from jewellers.

16 Jan 2019 4:01 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI Governor to meet industry chambers on Thursday

Meeting comes ahead of the sixth bi-monthly monetary policy statement for 2018-19 scheduled to be announced on Feb 7.

16 Jan 2019 3:01 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI may take dovish stance in Feb policy with softer inflation

The report expect a 50 basis points of rate cut in the first half of 2019.

16 Jan 2019 1:49 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

IOC to raise USD 3 billion more in overseas loan

IOC is already in market to raise USD 900 million through a bonds issue .

16 Jan 2019 1:36 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Etihad offers to invest in Jet Airways at 49 per cent discount: report

Etihad is required to make an open offer to shareholders for a majority of the shares once its stake goes past 25 per...

16 Jan 2019 1:23 PM IST

Facebook is allowing advertisers access to this hidden personal information for custom audience.

Facebook to invest USD 300 million in local news initiatives

The move comes at a difficult time for the news industry, which is facing falling profits and print readership.

16 Jan 2019 12:56 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Corporate tax may be cut to 25 per cent for turnover up to Rs 500 cr

Companies above Rs 250 crore turnover currently pay a basic corporate tax rate of 30 per cent.

16 Jan 2019 11:18 AM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM IST

PepsiCo Chairman Indra Nooyi has joined US President-elect Donald Trumps advisory council. (Photo: AP)

White House considering former PepsiCo CEO for top job at World Bank

Donald Trump's daughter Ivanka Trump was helping lead the search for a new World Bank president to succeed Jim Yong Kim.

16 Jan 2019 10:58 AM IST

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)

After weak opening, rupee rises 13 paise against dollar

Forex dealers said, selling of the American currency by exporters supported the rupee.

16 Jan 2019 10:25 AM IST