Business
Government hikes tariff value on imported gold, silver
The government on Monday raised the import tariff value on gold to USD 363 per 10 grams and silver to USD 499 per kg, taking strong cues from the global market.
Sensex closes at over 37 points up, Nifty scales 8,355 mark
After severe cut on Wednesday, the market has opened higher Thursday on strong macro data.
Spicejet to add three new flights, 137 connections
Country's second largest low-cost carrier Spicejet on Wednesday said it will add three new flights and 137 routes from August 29.
BSNL gets government nod to hive off towers into separate arm
On hiving off BSNL towers into a separate company, the source said consequent to this approval, the DoT is authorised to constitute an inter-ministerial group for working out the capital and organisational structure of the new company after market valuati...
In shadow of Chinese rout, India fights illegal 'dabba' market
A crack team of regulators and specially trained police are spearheading India's efforts to stamp out the country's "shadow" market in shares and commodities.
Rupee ends 13 paise lower against dollar
The rupee ended lower by 13 paise at 63.52 against the US dollar.
Chinese stocks tumble sharply on shattered investor confidence
Shanghai Composite Index sank 5.9 per cent to finish at 3,507.19 points while the Shenzhen Component Index slumped 2.94 per cent to close at 11,040.89 points.
Sensex rebounds, ends 133 points up and Nifty closes above 8500 for the 1st time since April 17
The Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday with a resounding 'No'.
A delayed but improved GST far better than a hasty and flawed one, say wary business leaders
Opposition from business groups comes as Arun Jaitley wants to push through GST Bill calling it India's biggest tax reform since independence.
Sensex down 84 points, Nifty ends in red
The market on Thursday continued its upward journey with the benchmark BSE Sensex rebounding 166 points to 27,895.97 on buying in capital goods, realty and banking shares.
Government unveils plan to boost cashless economy, tackle tax fraud
India is among the most cash-intensive economies in the world, with a cash-to-GDP ratio of 12 percent, almost four times that of markets such as Brazil and Mexico
Sensex snaps 75 points to 27,729.67 as Greece woes resurface
After trading in positive zone for most part of the day, the index plunged over 200 from a high of 27,948.24 at the fag-end tracking losses in European stocks.
India looking to expand industrial presence in South East Asia: NSIC
National Small Industries Corporation Ltd (NSIC) has said it is looking at areas of mutual cooperation between Indian and Singaporean enterprises to expand India's industrial presence in South East Asia.
Industrial production grows at 4.1% in April against 2.1% in March
The industrial growth for March too has been revised upwards to 2.5 per cent from 2.1 per cent, as per the data released by the government on Friday.
Banks see new bad debt rules as step in right direction
Indian banks have welcomed new rules that could allow them to take majority stakes in troubled companies as a warning to wayward entrepreneurs, even if the provisions will not apply to the bulk of struggling loans from past years.
RBI allows banks to takeover ownership of stressed firm
Providing more teeth to lenders, RBI on Monday allowed banks to take control of debt-laden companies by converting loans into equity, if a debt restructuring fails to revive them within a stipulated timeframe.
