Business

Debasish Panda replaces Ravi Mittal, who has been elevated as secretary, Ministry of Information and Broadcasting.

The scrip declined 1.37 per cent to Rs 773.80 during the day on the BSE. Later, it closed at Rs 782.95, down 0.20 per cent.

IMF chief economist Gita Gopinath aid euro has been around for a long time but it has not reached the level yet that it was initially expected to achieve, while China has also been trying to internationalise its currency for long without much success.

Stating that the government has laid emphasis on developing a gas-based economy, Dharmendra Pradhan said natural gas is gradually becoming a bridging fuel for low carbon economy in India.

Cipla further said it has a strong track record of maintaining the highest standard of compliance and will work closely with the agency to comprehensively address the observations received.

IndiaMart’s net profit for the December quarter, after deferred tax credit of Rs 22.9 crore, stood at Rs 62 crore as against Rs 27.7 crore in the year-ago quarter and Rs 8.7 crore in the previous quarter.

This is the second-highest number of employees added in 2019. The highest was in July with 19,86,360 employees.

The report comes at a time when India's GDP growth is estimated to have slowed down to a decadal low of 5 per cent in 2019-20 as per official estimates.

Nitin Gadkari was speaking at the inaugural function of the Diamond Jubilee celebrations of Visvesvaraya National Institute of Technology (VNIT) in Nagpur in Maharashtra.

Big ticket investments in the retail space should not hurt small traders who does not have 'lakhs and crores' of rupees, Piyush Goyal said.

Trade optimism also contributed to the market gains. The blue-chip stock index ended above the 29,000 mark for the first time on Wednesday after Beijing and Washington inked the highly anticipated phase-one trade deal.

A Malaysian Minister said that despite the restrictions, the ministry will continuously engage these markets, including through diplomatic channels, to seek amicable solutions to restore market confidence.

After trading on a volatile note through the day, the 30-share BSE Sensex settled 79.90 points or 0.19 per cent lower at 41,872.73.

FPIs invested a net amount of Rs 777 crore in equities and pulled out Rs 3,192.7 crore from the debt segment between January 1-10. This translates into a cumulative net outflow of Rs 2,415.7 crore.

The IT services major reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December quarter.

Cyrus Mistry, a scion of wealthy Shapoorji Pallonji family, had earlier said he was not interested in getting back to the Tata Group in any capacity at all.