Business

The Bombay Stock Exchange said the new facilities will help investors limit losses without capping profit potential.

Economic Affairs Secretary Shaktikanta Das said India is prepared for Brexit, even though Britain is India most important trading partner and its exit from European Union will affect India's economics but India is prepared to face it.

Hopes of more foreign funds on the back of sharp recovery in domestic equity market also boosted the value rupee against the dollar, a forex dealer said.

"NRIs can now open NPS Accounts online if they have Aadhaar Card or PAN card," the Finance Ministry said in a statement.

The Centre is planning to roll out the indirect tax from the next financial year beginning April 1, 2017, but the GST bill has been pending in Rajya Sabha because of stiff opposition from the Congress party.

Cautious stance adopted by participants ahead of next week's RBI monetary policy too influenced trading sentiment, brokers said.

According to the Economic Survey, GDP growth is expected to be flat in the current fiscal year.

As if cricket records weren’t satisfying enough, the cricket god might has also broken all records when it comes to chivalry.

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing of a MoU between SEBI and FSRA.

Foreign Portfolio Investors and Foreign Institutional Investors sold shares worth a net Rs 362.19 crore on Wednesday as per the provisional data issued by stock exchanges.

The 8.7% interest rate for 2015-16, earlier ratified by the ministry, was lower than the 8.8% recommended by EPFO.

Broader markets, however, came under pressure as investors locked in gains, pulling down the small-cap and mid-cap index by 0.52 per cent and 0.50 per cent, respectively.

In US dollars, Infosys net profit grew 7% to $533 million in the March quarter from $498 million in the year-ago period while revenues rose 13.3% to $2.44 billion from $2.15 billion a year ago.

In line with the overall trend, the broader markets too displayed a better mood with small-cap index rising 0.91 per cent and mid-cap gaining 0.60 per cent.

The RBI is part of the multi-agency group announced by the government to probe the list which has names of nearly 500 Indians.