Home » Business

Business - Page 848

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex falls on foreign fund outflow in early trade

The 30-share index dropped over 85.77 points, or 0.24 per cent, to 35,982.56 in morning trade.

1 Jan 2019 10:44 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

New Year cheer: Rupee rises 15 paise against dollar in early trade

Increased selling of the American currency by exporters and banks also supported the domestic currency.

1 Jan 2019 10:36 AM IST

Shaktikanta Das

Banking sector on -"course to recovery-" as NPAs recede: RBI

According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

31 Dec 2018 6:02 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Govt not seeking RBI reserves to meet fiscal deficit: Jaitley

The RBI was maintaining a reserve of 28 per cent.

31 Dec 2018 5:57 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank, SBI Life join hand for bancassurance partnership

This will empower the consumer to address their complete financial needs under one roof.

31 Dec 2018 5:49 PM IST

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

Indian equities end 2018 on a sluggish note

The broader NSE Nifty edged lower by 2.65 points, or 0.02 per cent, to 10,862.55.

31 Dec 2018 4:31 PM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

E-commerce FDI norms should be applied on domestic online players...

The Confederation also asked the minister to set up an independent regulatory authority for the sector.

31 Dec 2018 3:11 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom, Reliance Jio extend validity of asset sale pact to June 28

Reliance Communications had earlier asserted that the requirement of giving bank guarantee as per DoT's demand.

31 Dec 2018 1:37 PM IST

Sensex opened higher at 26,756.66.

National polls, trade war and crude oil: A cautious new year ahead for...

Experts believe the overall movement for the benchmark Sensex may also end up in 2019 at around 5 per cent.

31 Dec 2018 12:02 PM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

EPFO may give subscribers option to increase stock investments in new...

The EEFO is now developing a software that would help show retirement savings in cash and ETFs components separately.

31 Dec 2018 11:53 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST rates may get political tinge in election year

The GST council's fitment committee would take a final decision with all states on board.

31 Dec 2018 11:03 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)

Rupee gains 20 paise against dollar in opening trade

At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.76 against the US dollar.

31 Dec 2018 10:56 AM IST