Business

India's fuel demand in 2016 grew at its highest pace in at least 16 years as low oil prices for most of the year boosted demand for gasoline and aviation fuels.

IT stocks fell as much as 4 per cent on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

The rupee had closed steady at 67.96 against the US dollar on Friday amid renewed selling in the domestic equity against the backdrop of sustained capital outflows.

India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US President-elect Donald Trump with Mexico and China, industry chamber Assocham said on Sunday.

A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an intriguing inverse relationship between the pair.

The all powerful GST Council headed by the Finance Minister will meet the representatives of six crucial sectors, including IT, telecom, banking and insurance on Tuesday, to assess the implementation hurdles under the new GST regime.

When Ratan Tata retired as chairman of Tata Sons Ltd in 2012, he proposed a change in the laws governing the relationship between India's largest conglomerate and its key shareholder, according to sources familiar with the situation.

Responding to an RTI application filed by activist Venkatesh Nayak, the RBI refused to disclose the minutes of the crucial meetings of Central Board of Directors on the issue of demonetisation citing section 8(1)(a) of the transparency law.

Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.

As the country reels under the impact of demonetisation, CNBC-TV18's Shereen Bhan in an exclusive interview spoke to the top financial analyst Ruchir Sharma who said that while Prime Minister Narendra Modi's demonetisation move has surprised global observ...

The average transaction at PoSes was Rs 1,714 for November and Rs 1,643 for December compared to Rs 2,229 in October, says an SBI Research report.

A day after resigning from the boards of six listed Tata firms, Cyrus Mistry on Tuesday took the legal route in his fight against the Tatas by filing suit in National Company Law Tribunal against Tata Sons.

The Reserve Bank of India is expected to meet its target 'comfortably' as CPI inflation is likely to remain well below 5 per cent over the first half of 2017, an HSBC report says.

India's surprise move to abolish high-value rupee notes has undermined the central bank's reputation for competence and independence, even as it remains a credible institution, Standard & Poor's director Kyran Curry said on Wednesday.

Tata Motors' independent director Nusli Wadia, who will next week face shareholders' vote called by Tata Sons for his removal, on Wednesday said he had differences with Ratan Tata over continuation of Nano which has proved to be a serious drain on the fin...

According to data on the wholesale price index (WPI) released by the Commerce and Industry Ministry, the annual inflation rate was 2.04 percent in November last year.