Home » Business

Business - Page 969

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 rallies over 300 points, Nifty reclaims 11,300-mark

The 30-share BSE index recovered by 305.88 points, or 0.82 per cent, to 37,427.10 in early trade.

21 Sept 2018 10:12 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 at 2-week high, gains 53 paise in early trade

Rupee is trading at 71.84 against dollar Interbank Foreign Exchange on increased selling of American currency by...

21 Sept 2018 9:35 AM IST

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart warns Trump tariffs may force price hikes: letter

The letter comes days after US President Donald Trump slapped tariffs on $200 billion worth of Chinese goods.

21 Sept 2018 9:22 AM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Amazon, Samara Capital invests in 'More' owner Witzig

The companies did not disclose the deal size, reports pegged the transaction at about Rs 4,200 crore.

21 Sept 2018 9:15 AM IST

With digital payments being increasingly integrated into social networking sites, allowing buyers and sellers to transact seamlessly, we could see a further lowering of barriers against the adoption of new payment methods, PayPal said.

It's time for social commerce, says PayPal

According to the survey, merchants showed significant confidence in social commerce with over 79 per cent selling...

21 Sept 2018 1:41 AM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Finance Ministry hikes interest rates on small savings

As per the finance ministry notification, the interest rate on popular PPF has been increased to 8 per cent for the...

21 Sept 2018 1:34 AM IST

CCI approves ArcelorMittal's acquisition of Essar Steel

The acquisition of Essar Steel is proposed to be undertaken through multiple steps.

20 Sept 2018 6:47 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.

Finance Ministry pegs dollar value at Rs 73.65 for computing import...

The conversion rate for computation of duty on export of goods has been fixed at Rs 71.95 to a dollar.

20 Sept 2018 6:39 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

India to pay in rupees for Iranian oil

India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal.

20 Sept 2018 6:29 PM IST

Dena Bank is a public sector bank,

BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad...

The merged bank may need additional tier 1 capital depending on internal accruals for FY19.

20 Sept 2018 6:05 PM IST

RBI governor Urjit Patel

Preventive vigilance better governance tool for public institutions:...

Percentage of vigilance cases against RBI employees' vis- -vis the total staff strength of the Bank stood on average at...

20 Sept 2018 5:59 PM IST

Youngsters are using WhatsApp to consume news. (Photo: Pixabay)

IT Ministry mulls third notice to WhatsApp; may insist on message...

WhatsApp has turned down the Indian government's demand to provide it with a solution to track origin of messages.

20 Sept 2018 5:52 PM IST