Business
Petrol And Diesel Prices to be Revised Daily From Today
Petrol and diesel prices will be revised on a daily basis from tomorrow in select towns in sync with international rates, much like it happens in most advanced markets.
Thomas Cook India Group Inks Agreement With Kuoni
"We have inked agreement for acquisition of Kuonis global network of destination management specialists, covering 17 countries across the geographies of The Americas, Africa, Middle East, Asia and Australia. The transaction will be completed post customar...
Markets at All-time High, Rupee at 2-Yr High on Hopes of Stability, Reforms
India's benchmark BSE Sensex rose as much as 0.4 percent to hit a record high on Wednesday, surpassing its previous milestone hit in March 2015, while the rupee hit a 20-month against the dollar.
Rupee Near 20-month High; Surges 29 Paise
The rupee rallied 29 paise to trade at nearly 20-month high of 63.97 against the dollar in late morning deals due to persistent selling of the American currency by banks and exporters.
Rupee up 10 Paise at 64.34 Due to Increase in Dollar Selling
The rupee strengthened by 10 paise to 64.34 against the US dollar in early trade on Tuesday on increased selling of the American currency by banks and exporters.
Waiving Agricultural Loans Could Cost 2% of India's GDP, Says Chief Economic Advisor
Chief Economic Advisor Arvind Subramanian has expressed concern over the recent waiving of farmers' loans by state governments in India, saying it could increase the deficit by two per cent of the GDP if the practice is carried out nationwide.
BS-III Models: Bajaj's Punjab Sub-dealers on Strike For 3rd Day
Over 200 sub-dealers and some dealers of Bajaj Auto in Punjab have stopped selling bikes from April 18 seeking compensation for the unsold BS-III units following the Supreme Court ban on sale of such models.
Oil Ministry Slams Move to Shut Petrol Pumps on Sunday
Southern states of Tamil Nadu, Kerala, Puducherry, Andhra Pradesh, Telangana, parts of Karnataka -- mostly around Bengaluru -- and some areas of Maharashtra, especially Mumbai, may see petrol pump owners down their shutters on Sundays beginning May 14 to...
US Visa Tightening Signals Aggressive Monitoring: Nasscom
It argued that any "onerous additional restrictions" on the H-1B and L-1 visa systems will hurt thousands of US businesses and their efforts to be more competitive as it will hinder their access to talent.
Fresh Bad Loans Created in Agriculture, SMEs Due to Demonetisation, Says Pronab Sen
It is quite bad, and is likely to get worse. At the moment, we are talking about a non-performing assets (NPAs) level of 9.5% to 10% (of credit outstanding) and a stressed assets number closer to 13%. The likelihood is that these would go up by 2 to 4 per...
Suzuki, Toshiba and Denso to Make Lithium-ion Batteries in India
Suzuki Motor Corporation on Friday said that it has reached a basic agreement with Toshiba Corporation and Denso Corporation for establishment of a joint venture company which will produce automotive lithium-ion battery packs in India.
Infosys Q4 Profit Falls 2.8%; IT Giant to Pay Rs 13,000 Crore to Shareholders
The company expects its 2017-18 revenue to grow between 6.1% and 8.1% in dollar terms and 6.5-8.5% in constant currency terms.
Rupee Softens 11 Paise Against US Dollar
The rupee shed 11 paise to 64.61 against the US dollar in early trade on Wednesday following fresh demand for the American currency from banks and importers.
Rupee Weakens by 13 Paise to 64.65 Against US Dollar
The rupee weakened by 13 paise to 64.65 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market due to the appreciation of the American currency overseas.
Govt Allows Duty-Free Import of Raw Sugar Upto 5 Lakh Tonnes
The government on Wednesday allowed duty free import of raw sugar upto 5,00,000 tonnes to boost domestic supplies and check price rise amid production fall.
Markets Closed on Tuesday on Account of Ram Navmi
Stock, bonds and currency markets will be closed on Tuesday for a market holiday. Trading will resume on Wednesday.