Business

The stock, which was trading at Rs 33.50 on August 9, touched a yearly high of Rs 66.50 on September 7.

Dealers said early losses in domestic equity markets and unabated foreign fund outflows weighed on the rupee.

The wider Nifty of NSE fell by 22.90 points or 0.23 per cent to 10,118.25 as 28 of its constituents led by ICICI Bank, Hindalco, Coal India, Bank of Baroda and Gail dropped up to 1.94 per cent.

A Supreme Court bench led by Chief Justice of India Dipak Misra had given a go ahead to the auction proceedings for Sahara group's super luxurious Aamby Valley resort town following the failure of Sahara chief Subrata Roy to deposit substantial amount of...

"We have kept long deadlines for GST filing. For at least six months the taxpayers have to file their own assessment. There will be no extension later," said Revenue Secretary Hasmukh Adhia.

Federal Bank will be conducting the Online Assessment Test on 24th September for Scale-I Probationary Officers posts and on 26th September for Clerk vacancies for candidates who had successfully registered for the same on or before 4th September 2017.

After the rollout of GST, although petroleum products were not covered under the Goods and Services Tax, however, a significant change that happened was that the prices of petrol and diesel started being revised or changed daily as opposed to the previous...

Only three operators -- Reliance Jio, Bharti Airtel and state-run BSNL -- reported subscriber additions in the month, while eight other operators including Idea Cellular and Vodafone, saw a decline.

Former RBI governor Raghuram Rajan's statement assumes significance as the government recently initiated the process of second round of consolidation in public sector banks by constituting an Alternative Mechanism to oversee proposals of amalgamation.

Last year in July, RBI had net bought $ 1.4 billion of dollar. In FY17, it net purchased $ 12.351 billion of the US currency as it bought $ 71.764 billion and sold $ 59.413 billion in the spot market.

If the consensus is met, it would be the highest since April, but below the RBI's medium-term target of 4.0 percent for the tenth consecutive month.

Prominent gainers were L&T, M&M, Dr Reddy's, Coal India, HDFC Bank, Reliance Industries, HDFC Ltd, Tata Motors, Axis Bank, Hind Unilever, Adani Ports, Sun Pharma and Maruti Suzuki, rising by up to 1.34 per cent.

West Bengal Finance Minister Amit Mitra said besides exempting artisans, the 21st meeting of the highest decision making body of the GST exempted clay idols from the tax.

It is a measure of Rajan's stabilising hand that he and the RBI slowly got the Indian economy back on track.

The RBI has been facing flak from the opposition parties for demonetisation and delay in disclosing figures on the junked notes, even as the government has maintained that the November 8, 2016 decision to ban Rs 500/1,000 notes in circulation at that time...

The 30-share index fell by 50.58 points, or 0.15 per cent, to quote at 31,595.88. It had gained 258.07 points in the previous session.