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Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex cracks over 550 points; Nifty drops below 10,600

The 30-share index plummeted 551.74 points, or 1.55 per cent, to 35,121.51 in opening session.

10 Dec 2018 10:13 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee falls 59 paise against US dollar in early trade

Rupee is trading at 71.40 against the US dollar in early trade at the interbank foreign exchange.

10 Dec 2018 10:07 AM 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.

45 per cent of tax credit refunds are stuck

India's exports had risen by 17.86 per cent in October to $26.98 billion.

10 Dec 2018 1:53 AM IST

Krishnamurthy Subramanian

Centre appoints ISB professor as new CEA

Krishnamurthy, who has been appointed for three years, fills in the role that Arvind Subramanian abruptly vacated in...

8 Dec 2018 1:16 AM IST

The iconic Air India building on Queens necklace in Mumbai may be consumed by the survival woes of the national carrier.

LIC, GIC show interest in buying Air India building in Mumbai

Air India management has been trying to pare burden by monetising non-core real estate properties.

7 Dec 2018 5:51 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold prices dip on sluggish buying by jewellers

Gold is trading at 32,100 per 10 gram in the bullion market here due to subdued buying by local jewellers.

7 Dec 2018 4:08 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex rebounds 361 points on positive global cues; Kotak Bank up 9 pc

The broader NSE Nifty jumped 92.55 points, or 0.87 per cent, to 10,693.70.

7 Dec 2018 3:57 PM IST

Mutual funds' asset base rises 8 pc to Rs 24 lakh crore till Nov-end

The total asset base of all the fund houses put together was Rs 22.79 lakh crore in November last year.

7 Dec 2018 3:27 PM IST

Tata Communications Ltd is set to invest about USD 100 million in the the Internet of Things (IoT) in the next few years. (Photo: Pixabay)

Tech-enabled alternative lending bridging the gaps in India's credit...

Indian economy has been on an upward growth trajectory over the past few years and is now pegged at $2.6 trillion.

7 Dec 2018 2:13 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

NCLT directs Era Infra RP to admit ICICI Bank as financial creditor

The resolution professional (RP) had declined to accept ICICI Bank's claims worth Rs 700 crore.

7 Dec 2018 1:41 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Keep more capital buffer for your own interest: RBI ED to banks

Banks with capital will get going and those without it will be punished by the ecosystem.

7 Dec 2018 12:22 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL to buy Iranian oil in Jan after six-month gap: sources

HPCL would continue to buy Iranian oil on a regular basis during the waiver period.

7 Dec 2018 11:16 AM IST