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Sensex climbed 122 points to finish the day on high

Sensex up 132 points despite weak macro data

BSE Sensex settled 131.52 points, or 0.38 per cent, higher at 34,865.10.

15 Oct 2018 4:10 PM IST

Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in Indian financial history for digital lending business and app-based financing, the Germany-based company said in a release on Monday.

Kreditech gets first-of-its-kind licence for digital lending business

The consumer lending industry in India is witnessing major disruption through technological innovation.

15 Oct 2018 4:03 PM IST

Telecom Minister Manoj Sinha

Bharat Net project will be completed by March 2019: Telecom Minister...

The project is aimed at facilitating delivery of e-governance, e-health, e-education, e-banking and other services.

15 Oct 2018 3:33 PM IST

President Ram Nath Kovind (Photo: PTI)

India needs more young women in engineering, tech space: President...

He said these are exciting times for India which is a country on the rise and the world's fastest-growing large economy.

15 Oct 2018 3:24 PM IST

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

Govt hopes to finalise partners for strategic oil reserves within a...

India's government approved two strategic petroleum reserve sites with a total capacity of 6.5 million tonnes in June.

15 Oct 2018 3:12 PM IST

Deputy Governor S S Mundra

BankBazaar appoints former RBI DG Mundra as advisor

BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the...

15 Oct 2018 2:29 PM IST

The scrip of IL&FS Engineering and Construction Company touched its upper circuit limit of Rs 25.32, up 10 per cent.

Saudi-based ICD halts plan for USD 1 billion fund with IL&FS

The ICD is a multilateral development institution that supports the economic development of its 53 member countries.

15 Oct 2018 2:09 PM IST

IL&FS lawyer argued the company would face 70 to 80 legal suits across the country if the moratorium was not granted.

NCLAT stays proceedings against IL&FS, group companies

NCLT had turned down its plea for 90 days moratorium over the loans taken by the IL&FS and its subsidiaries.

15 Oct 2018 12:59 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

China slaps anti-dumping duty on chemical from US, Japan

The tariffs will take effect from October 16, with levies set at 123.4 per cent on US suppliers and 41.1 per cent on...

15 Oct 2018 12:54 PM IST

During the sale, Snapdeals orders grew 2.5X, driven by great value offers across categories like fashion, home goods, and kitchen accessories.

New buyers drive growth during Snapdeal's Mega Diwali sale

Snapdeal's five day Mega Diwali Sale as 38 per cent of all orders placed during the sale are by new buyers.

15 Oct 2018 12:32 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Wholesale inflation rises to 5.13 pc in Sept on rising fuel, food...

The WPI inflation was 4.53 per cent in August.

15 Oct 2018 12:31 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold futures rise 0.38 per cent on fresh bets

Gold is trading at Rs 31,968 per 10 grams in futures trade as participants created fresh positions.

15 Oct 2018 11:32 AM IST