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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

File image of a man counting cash at a petrol pump.

Diesel price continues to rise, petrol stagnant

Diesel in Delhi is being retailed at Rs 75.46 per litre and Rs 77.31 per litre in Kolkata.

15 Oct 2018 10:59 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex slips 71 points on negative economic data, weak rupee

The NSE index Nifty trading lower by 21.85 points, or 0.21 per cent, at 10,450.65.

15 Oct 2018 10:24 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 falls 36 paise to 73.93 against dollar in early trade

A volatile opening of the equity markets also impacted the domestic currency.

15 Oct 2018 9:46 AM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM IST

The Centre aims at creating two or three large entities with integrated operations across oil exploration, refining and marketing. (Photo: DC)

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 8:46 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs pull out Rs 26,600 crore in two weeks

Overseas investors had put in a net amount of Rs 7,400 crore in the capital markets in July-August.

15 Oct 2018 8:22 AM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Emerging economies fail to contain outflows

The G24 statement said all emerging markets were adversely affected by excessive capital flow volatility.

15 Oct 2018 1:28 AM IST