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The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July...

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.

28 Jun 2019 3:20 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices fall as market awaits G20, OPEC meeting

OPEC+ members agreed to curb oil output by 1.2 million barrels per day from January 1.

28 Jun 2019 11:17 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee rises 15 paise against dollar in early trade

Rupee is trading in a narrow range as forex traders took a cautious approach ahead of the G20 Summit.

28 Jun 2019 10:20 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Market turns cautious amid weak global cues as G20 meet begins

The 30-share index was trading 39.58 points, or 0.10 per cent, lower at 39,546.83.

28 Jun 2019 10:03 AM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi bars MFs from standstill agreements

Early this year, the Essel Group companies, which had raised over Rs 7,000 crore from mutual funds against debt...

28 Jun 2019 2:41 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Global cues dictating local market trend

The market ended flat on Thursday F&O series in a highly choppy trading session.

28 Jun 2019 1:42 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee settles 8 paise higher at 69.07 against US dollar

Rupee movement was confined to a narrow range as forex traders took a cautious approach ahead of the G20 Summit.

27 Jun 2019 7:21 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi issues stricter regulations for mutual funds, promoters pledge

Sebi board took a call on key changes over credit rating firms, promoters' pledge of shares, liquid funds and royalty...

27 Jun 2019 6:35 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex, Nifty end marginally lower on futures and options contracts...

After swinging over 300 points, the 30-share BSE Sensex settled 5.67 points, or 0.01 per cent, lower at 39,586.41.

27 Jun 2019 4:09 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold climbs Rs 180 on buying by jewellers despite weak global trend

Gold of 99.9 pc and 99.5 pc purity jumped by Rs 180 each to Rs 34,350 and Rs 34,180 per 10 gram, respectively.

27 Jun 2019 4:02 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee slips 17 paise to 69.32 vs USD in early trade

Rupee opened weak at 69.29 at interbank forex market and then fell further to 69.32, down 17 paise over its last close.

27 Jun 2019 10:16 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex rises over 100 pts, Nifty above 11,850

The 30-share index was trading 88.07 points, or 0.22 per cent, higher at 39,680.15 at 0930 hours.

27 Jun 2019 9:57 AM IST