Business
Rupee Shines on Macro Data Lift, Climbs 19 Paise to 64.89
A stronger opening in domestic stocks and the dollar's reduced strength against some currencies overseas kept the rupee on a firm ground, traders said.
SEBI Orders Release of Triumph International Finance India's Accounts
Last month, SEBI had ordered the attachment of bank and demat accounts and the mutual fund folios of Triumph International Finance India after the company failed to pay a fine imposed on it by the regulator in April 2003 for violating securities regulatio...
September Retail Inflation at 3.28 Percent; Unchanged From August
Primary contributors to September inflation are housing and fuels categories, which have hardened due to HRA effect on housing and global crude price effect on fuel prices.
Markets Turn Cold After Macro Estimates, Nifty Drops Below 10k
The International Monetary Fund (IMF) on Tuesday lowered India's growth projection to 6.7 percent in 2017, lower than its earlier estimate, unnerving investors, analysts said.
Market Rally Continues, Sensex Above 32,000
Retail investors and domestic financial institutions built up positions ahead of release of data sets of IIP for August and inflation for September, to be released on Thursday.
Attempts to Derail GST Have Failed, Says Finance Minister Arun Jaitley
India is now capable of taking big decisions and implementing them at a large-scale, the union finance minister said.
Anti-dumping Duty Imposed on Certain Chinese Steel Products
The commerce ministry had found that 'wire rod of alloy or non-alloy steel' has been exported to India at below the normal value due to which domestic industry has suffered material injury.
Pepsico India CEO Shivakumar Quits, to Join Aditya Birla Group
Shivakumar has been replaced by Ahmed El Sheikh, Senior Vice President and General Manager for PepsiCo Egypt and Jordan, PepsiCo India said in a statement.
India Post Payments Bank to Promote Financial Inclusion: Manoj Sinha
Sinha exhorted the postal employees to continue reorienting themselves with technological changes and disruptions in order to bring innovative offerings to consumers, all the while upholding the societal values.
GST, Demonetisation Having Desired Impact, Says Arun Jaitley
Arun Jaitley, in his key note address via video conference -- to the Berkeley India Conference, said that there is public support to the reforms being undertaken by the governments of the day both at the Centre and state levels.
Hit by Criticism, GST Council to Make Returns Filing Easier for SMEs
The GST Council may consider relaxing return filing timeline for small and medium enterprises (SMEs), defer reverse charge mechanism, and reopen registration for composition scheme for the third time to March 31, 2018.
Stake Sale in Insurance Arms to Help Banks on Bad Loans: Moody's
"The initial public offerings (IPOs) of these banks' insurance subsidiaries are credit-positive because the banks will receive proceeds that will strengthen their loss-absorbing buffers," Moody's Investor Services said in a note released in Singapore.
BSE Ask Brokers to Submit Net Worth Info in e-format by October 31
In case a member fails to submit the details within the prescribed timeline, the exchange will impose fine and can also deactivate the trading terminals.
Core Sector Growth Rises to 4.9% in August; Highest in 5 Months
These eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had witnessed 3.1 percent expansion in August last year.
Sensex Pulls 332 Points Higher Ahead of RBI Meet, on Global Cues
Looking good for the third day, the 30-share index advanced 331.56 points, or 1.05 percent, to 31,615.28. Auto, metal, consumer durables and realty stocks hit a sweet spot.
UK's Monarch Airlines Ceases Operations, Flights Cancelled
Tough competition in the airlines sector has been putting pressure on weaker European carriers and driving consolidation, with Air Berlin and Alitalia filing for insolvency this year and seeking new investors for parts of their business.