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Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI may cut rates by 0.25 pc in Feb or April policy review: BofAML

Central bank maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review.

6 Dec 2018 2:58 PM IST

The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.

ADB enters an arrangement with World Bank for co-financed projects

In 2017, ADB operations totalled USD 32.2 billion, including USD 11.9 billion in co-financing.

6 Dec 2018 2:33 PM IST

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

Fitch projects rupee to weaken to 75 against dollar by 2019 end

The domestic unit is one of the worst performing currency against the USD in Asia so far.

6 Dec 2018 2:17 PM IST

Shares of IL&FS Investment Managers were trading 3.94 per cent lower at Rs 6.59 apiece on BSE.

IL&FS Investment Managers' board appoints 2 new additional directors

The board of directors of the company by resolutions passed by circulation on December 6, 2018.

6 Dec 2018 11:53 AM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys inaugurates new technology, innovation hub in US

The company also announced that it has hired more than 7,000 American workers in the last 18 months.

6 Dec 2018 11:25 AM IST

OnePlus community members across cities can avail the tickets by following these easy steps. (Photo: ANI)

OnePlus to launch 5G smartphone next year, partners EE

The Indian government is also upbeat on 5G deployment in the country with Telecom Minister Manoj Sinha.

6 Dec 2018 10:55 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee falls 54 paise, touches 71 level against US dollar

The rupee opened weak at Rs 70.82, then fell further to 71 against the American currency.

6 Dec 2018 10:16 AM IST

Trai had recommended that airlines be allowed to offer both internet and mobile communication services to flyers with certain conditions.

Mobile calls, internet on flights may start next month

The telecom ministry is awaiting the views of the law ministry on in-flight connectivity.

6 Dec 2018 10:04 AM 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 cracks over 300 points, Nifty drops below 10,700

The NSE Nifty was trading 94 points, or 0.87 per cent, lower at 10,688.90.

6 Dec 2018 9:57 AM IST

The exorbitant commissions have been adversely impacting revenues, business and the livelihood of hoteliers.

Hotels, online travel agents set to clash over pricing

The OTAs normally charge commissions ranging from 12 to 15 per cent from the hotels on the bookings made by them.

6 Dec 2018 1:46 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Etihad may come to rescue for Jet

Its desperate attempts to raise funds failed miserably eventually leading to its closure.

6 Dec 2018 1:20 AM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

Banks can't change return on loans midway, says RBI

RBI asks banks to link all floating rates to external benchmark like repo.

6 Dec 2018 1:19 AM IST