Business

  • Sensex
    Aug 28, 2015 10:13 IST

    Sensex continues recovery, climbs 350 points in early trade

    The benchmark BSE Sensex rallied over 350 points to 26,582.13 in early trade on Friday on continued buying by investors as the September series in the derivatives segment began on a strong note.

  • Bombay Stock Exchange
    Jul 31, 2015 09:50 IST

    Rupee weakens by 12 paise against dollar in early trade

    The rupee declined by 12 paise to 64.10 against the US dollar in early trade on Friday, extending weakness for the second day due to appreciation of the American currency overseas.

  • Raghuram Rajan
    Aug 27, 2015 23:20 IST

    Reforms cannot be shots in dark, lead to uncertainties: Rajan

    Uncertainty and slow pace of economic reforms can come in the way of India's economic growth potential, Reserve Bank of India (RBI) governor Raghuram Rajan has warned, while listing out a raft of policy priorities which needed immediate attention.

  • China, stock market
    Aug 28, 2015 00:12 IST

    Talent exodus at China’s market regulator led to Monday crash?

    At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent. The idea was to reform its stock markets.

  • Members of labour union holding a protest against Punjab government in Patiala.
    Aug 28, 2015 00:14 IST

    Govt proposes graded minimum wage hike, unions stand by strike

    In an attempt to break the impasse with the central trade unions (CTU’s) protesting against the government’s unilateral move to amend labour reforms, the finance minister Arun Jaitley-led inter-ministerial panel on Thursday offered a graded hike in the minimum wages of workers.

  • Rupee
    Aug 28, 2015 10:06 IST

    Rupee up at 66.02 against dollar in early trade

    The rupee recovered marginally by two paise to 66.02 against the US dollar in early trade on Friday amid gains in stock markets.

  • Uncomfortable seats
    Aug 27, 2015 23:06 IST

    PM 'concerned' over predatory pricing by domestic airlines

    Prime Minister Narendra Modi has expressed concern over predatory pricing by domestic airlines, which is giving a bad name to the industry, minister of state for aviation Mahesh Sharma has said.

  • Jan Dhan Yojana
    Aug 27, 2015 23:01 IST

    Year of Jan Dhan: Targets met, focus now on inactive accounts

    As the Narendra Modi government's flagship scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) completes one year on Friday with 174.5 million accounts and a total deposit of Rs 20,769.33 crore, the goalpost for banks is now likely to shift.

  • Godrej
    Aug 27, 2015 20:04 IST

    Rs 1 lakh penalty slapped on Godrej for selling goods above MRP

    The apex consumer commission has imposed a cost of Rs one lakh on Godrej and Boyce Manufacturing Company Ltd penalising it for selling goods at more than maximum retail price (MRP), and also dismissing its plea challenging a state commission's order.

  • Future Group
    Aug 27, 2015 19:06 IST

    CCI clears Future Group-Bharti Retail's Rs 750-crore deal

    Competition commission has given a green light to the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.

  • Gold
    Aug 27, 2015 16:06 IST

    Gold falls below Rs 27,000 on global cues

    Tracking a weak overseas trend and slackened demand from jewellers at prevailing levels, gold continued its losing streak for the third straight day and tumbled by Rs 380 to Rs 26,650 in Delhi on Thursday.

  • Sensex
    Aug 27, 2015 10:05 IST

    Sensex surges 517 points after Fed hints at delaying rate hike

    The benchmark BSE Sensex on Thursday staged a strong comeback and jumped 517 points -- its biggest single-day jump in two weeks -- to reclaim the 26,000-mark on gains in healthcare and realty stocks after the US Fed said a case for rate hike in September seemed "less compelling".

  • China, stock market
    Aug 27, 2015 09:25 IST

    China stocks rise early as Wall Street calms global markets

    A strong rebound on Wall Street helped calm global markets after days of wild volatility, helping China's major stock indexes rise on Thursday.

  • Indian currency notes
    Aug 27, 2015 09:50 IST

    Rupee gains 10 paise to Rs 66.04 against US dollar

    The rupee recovered by 10 paise to settle at 66.04 against the American currency on fresh selling of dollar by banks and exporters amid a smart rebound in local equity markets.

  • App
    Aug 27, 2015 00:46 IST

    Coming soon, an app to help you file tax returns

    In a bid to make tax filing easier, the Central Board of Direct Taxes (CBDT) is exploring to come up with a mobile app that is expected to let users connect and check their tax account wherever they are in the world.