Business
Sensex Drops over 200 Points in Early Trade; Nifty Tests 12,200
Kotak Bank was the top laggard in the Sensex pack, shedding up to 1.25 per cent, followed by Tata Steel, Hero MotoCorp, HDFC duo, PowerGrid and Titan.
In a Major Jolt to Get Hold on Mumbai Airport, Tribunal Restrains Adanis from Buying Bidvest Stake
The tribunal has also asked Bidvest to maintain status quo on its stake but asked GVK, which owns 50.5 per cent in the airport, to compensate it for the delay by way of paying interest on the agreed share purchase agreement (Rs 1,248 crore) till the pende...
Finance Minister to Launch Social Media Campaign on Budgetary Terms
The ministry has also launched another campaign on Budget promises and delivery with tag 'Hamara Bharosa'.
ED Files Chargesheet against Former BPSL CMD Sanjay Singal in Money Laundering Case
Sanjay Singal was placed under arrest on November 22 last year under the Prevention of Money Laundering Act (PMLA) after he was questioned in connection with the case.
Fuel Prices Drop for Second Consecutive Day Across Indian Cities
In just two days, petrol and diesel prices became cheaper by 29 paise across the country. International crude rates however were up marginally after signing of Sino-US trade deal.
Amazon Not Doing India a Favour by Investing a Billion Dollars, Says Commerce Minister Piyush Goyal
Goyal also expressed wonder why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, incurring huge losses adding that it needs to be looked upon.
UN Lowers India's Growth Forecast; Expects Momentum to Pick up in 2020
According to the United Nations World Economic Situation and Prospects (WESP) 2020, a growth rate of 2.5 per cent is possible in 2020, but a flare up of trade tensions, financial turmoil, or an escalation of geopolitical tensions could derail a recovery.
Exports Dip Fifth Month in a Row by 1.8 Per Cent in December 2019
Imports too declined by 8.83 per cent USD 38.61 billion, bringing down the trade deficit to USD 11.25 billion during the month under review. The trade deficit during December 2018 was USD 14.49 billion.
Govt will Put Restrictions on Imports of Products Under 'Others' Category: Piyush Goyal
Piyush Goyal said India is facing 'big' problem in the country's imports of a category called 'others' and in that category, all sorts of stuff is being imported into the country.
'Will Lead to Unwanted Complication in Growth Issues': Analysts' Warning After Govt Data Indicates High Inflation
Official data released showed the consumer price inflation fastened to 7.35 per cent in December, driven largely by a massive increase in vegetable prices.
In Initiative to Help Startups, Microsoft Chooses 54 Indian Companies to 'Strengthen Indian Ecosystem'
54 startups were selected from Gujarat, Maharashtra, Rajasthan, Kerala and Telangana and will receive a year-long mentorship programme and a two-day founder bootcamp.
Hitting 5-Year High, Retail Inflation Spiked to 7.35% in December; Rising Onion Prices Among Reasons
The retail inflation based on Consumer Price Index (CPI) was 2.11 per cent in December 2018 and 5.54 per cent in November 2019.
Sensex, Nifty End at Record Highs, Infosys Rallies 5% Amid Positive Domestic and Global Cues
After rallying nearly 300 points to its record intra-day high of 41,899.63, the 30-share BSE index settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 per cent.
Dollar Stands Firm as US-China Trade Deal to be Signed Today
The imminent deal, ending an 18-month trade dispute, has investors hoping for a revival in global growth. That offered support to trade-exposed Asian currencies such as China's yuan and the Australian dollar, as well as the greenback.
Yes Bank, Infosys, D-Mart, Edelweiss Financial Among Key Stocks in Focus Today
Yes Bank Ltd shares dropped over 8% after the board approved raising of funds up to Rs 10,000 crore via QIP/ GDRs/ADRs/ FCCBs/or any other methods on private placement basis.
Tata Motors Global Sales Dip 3 Per Cent to 97,348 units in December
Global wholesale units of all Tata Motors' commercial vehicles and Tata Daewoo range last month stood at 34,526 units, down 15 per cent, from December 2018, the company said in a statement.