Business

Sectoral indices such as healthcare, IT, teck, consumer durables, realty, metal and banking, ruled higher, rising by up to 0.96 per cent.

Fed funds rate futures are pricing in a little over 50 percent chance of two more rate hikes this year, a small change from around 50 percent priced in before the Fed's decision.

Railway Minster Goyal, who is also the interim Finance Minister, said that wifi service is already being made available at CSCs

FDI inflows stood at USD 60 billion in the previous fiscal. The figure includes equity inflows, reinvested earnings and other capital.

According to the DIPP Secretary, in the past four years of Modi government FDI inflows took a leap from USD 152 billion to USD 222.75 billion

Market observers pointed out that the healthy buying in banking, metal and capital goods stocks supported the key indices' northward trajectory.

According to the RTI replies, the Pr-CCIT, Hyderabad had stated that it had written off a total of Rs 3002.20 crores in two financial years, 2016-2017 and 2017-2018.

The state-run telco has inked a pact with Softbank to co-work on "interest areas" and is also in talks with the Japanese telecom company's investee company Paytm for a tie-up, the official said.

Air India Express, the wholly-owned subsidiary of state-run carrier Air India has been ranked second and the budget carrier IndiGo placed at fifth position in a Global Flight Pricing Report prepared by Melbourne-based Rome2rio -- a multimodal travel plann...

Germany's largest lender Deutsche Bank said it will slash over 7,000 jobs globally and dramatically scale back its investment banking activities as it seeks to turn the page on years of losses.

Prices of diesel and petrol in India have surged to a record high, stoking opposition criticism of Prime Minister Narendra Modi's administration for causing hardship to ordinary people.

The rupee had gained 27 paise at 67.80 against the US currency on suspected RBI intervention to stem further fall in the domestic currency on May 16, 2018.

Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada's central bank - steps down at the end of June 2019.

According to Infosys, the network is being used by the banks to run a successful pilot of Finacle Trade Connect, a blockchain technology based solution developed specifically to address the trade finance process requirements of banks.

Yesterday, the rupee had lost 56 paise -- the second biggest single-day fall of 2018 -- to end at a new 16-month low of 68.07 as panic dollar demand rattled the currency market.

Towards the fag-end of the session, both key indices Sensex and Nifty entered the negative terrain reacting to the reports that the Congress would offer support to the JD(S) to form the government in Karnataka.