Business

The Sensex has gained 4,278.64 points, or 16.88 per cent, for the entire fiscal 2016-17. The gauge had touched the year's high of 29,824.62 (intra-day) on March 17 this year.

There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday.

The apex policy making a body for indirect taxes, CBEC is being rechristened as the Central Board of Indirect Taxes & Customs (CBIC) in the run up to the Goods and Services Tax regime to be rolled out from July 1.

State Bank of India (SBI) chief Arundhati Bhattacharya has been ranked 26th in the Fortune's top 50 greatest leaders. She is the only Indian corporate leader in the list.

In nominal terms, forex reserves decreased to USD 1.3 billion during reporting period against an increase of USD 8.7 billion a year ago. In the April-December period, current account balance decreased to USD 11.6 billion, while in the year-ago period it h...

The rupee declined by 27 paise to 65.57 per dollar in early trade on Wednesday amid gains in the US currency in global markets.

The rupee regained its dominance after a brief consolidation phase and ended on Monday at a fresh 16-month high of 65.36 against the American currency in the face of dollar unwinding from exporters and banks.

Prime Minister Narendra Modi said on Sunday that India should become an international diamond trading hub in addition to its present status as cutting and polishing hub.

"The Committee would thus expect a more thorough exercise next year onwards. Keeping in view the above constraints, the Committee would suggest that the financial year may also be correspondingly shifted to calendar year and the budget date be further adv...

The rupee rose by another 47 paise to hit a new 16-month high at 65.22 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained foreign fund inflows and increased selling of the US currency by exporters and banks.

Prices of sugar and confectionery items rose by 18.83 per cent in February while inflation in milk and milk product increased by 4.22 per cent

As the State Bank of India and Debt Recovery Tribunal push for arrest of businessman Vijay Mallya for defaulting on loans, the government and banks are preparing the ground to take tough action on bank loan borrowers who are capable of repaying but have d...

Paytm has withdrawn the 2 percent fee on adding money to mobile wallets using credit cards, a merely two days after introducing the levy.

Apart from the increased demand for the American currency from importers and banks, its strength against other currencies overseas pulled down the rupee.

Providing a rationale for re-introducing penalty for non-maintenance of minimum balance in its savings accounts from April 1, State Bank of India chief Arundhati Bhattacharya on Wednesday said the public sector lender needs funds to balance the oeprationa...

The stocks were a picture of contrast on Tuesday as the Sensex developed cold feet ahead of the key exit poll findings, coming off its 2-year high and shy of the 29,000-mark at the close.