Business
Sensex Stages Strong Comeback in Early Trade, Gains 149 Points
The 30-share index was trading higher by 149.05 points, or 0.46 percent at 32,746.23. All the sectoral indices led by capital goods, power, oil & gas and PSU were trading in the green with gains of up to 1.20 percent.
Sensex Dives 205 Points on RBI Status Quo, Inflation Outlook
Benchmark Sensex slumped 205 points to end at 32,597.18, while the broader Nifty finished at 10,044.10, down 74.15 points.
India Says Debt Rollover Risk in Next Five Years Low
The rollover risks will get further mitigated through buyback or switching of short-end bonds with longer tenure papers by the government in the market, it said in its quarterly debt management report.
GST Impact: Poor Demand Drops Service Sector's Purchase Index to 3-month Low in November
Despite unfavourable demand conditions, service providers continued to add to their workforce numbers as the level of business sentiment in the service sector for the next 12-months rose at the strongest pace since July.
Arun Jaitley Likely to Present First Post-GST Budget on February 1
The Budget session of Parliament may begin on January 30 with President Ram Nath Kovind addressing the Joint Session of both the Houses of Parliament, a senior government official said.
Business, Competition, Money, Success and Family: Mukesh Ambani, Unplugged
It’s rare to see Mukesh Ambani, Chairman of Reliance Industries and the richest Indian, have a candid conversation on business, competition and future. It’s rarer to have him discuss money, success, family and dreams. One got to see him up close and perso...
Rupee Drops 24 Paise Vs US Dollar in Early Trade Ahead of GDP Data
Currency dealers said apart from increased month-end demand for the US currency from importers and a lower opening of the domestic equity markets, dollar's gains against other currencies overseas on upbeat US economic growth data weighed on the rupee.
India Passing Through Fast Formalisation of Economy: Jaitley
Speaking at a State Bank of India (SBI) event here, he said India is seeing "the replacement of a cash dominated economy with a more formal and digitised economy. One of the great changes will be the way India spends its money".
NBFCs to Continue to Dominate MSME Credit Market: Report
As of fiscal 2017, the MSME credit market stood at Rs 14 trillion which may grow by 11 per cent each in the next two years, rating agency Crisil said today.
Larsen & Toubro Wins $1.3 Billion Construction Contract
According to a statement, the Mumbai Trans Harbour Link contract involves construction of a 21.8 km (13.6 mile)bridge connecting Mumbai mainland with Navi Mumbai.
Moody's Rate Hike: Are Stock Markets on The Cusp of a Boom or a Bust?
While a majority of experts are of the opinion that stocks are set to skyrocket by next month, there are many who think otherwise.
State-owned Oil Firms Betting on Natural Gas as Next Big Thing
Indian Oil, Bharat Petroleum and Hindustan Petroleum are planning to raise gas contributions to between 5 and 15 percent of their incomes over the next few years, up from nearly none now, company executives said.
Sensex Zooms 414 Points After Moody's Ups India Rating
The 30-share Sensex climbed 414 points, or 1.25 per cent, to trade at 33,520.82. The gauge had rallied 346.38 points in the previous session.
GST, Low Industrial Growth Drag Down Q2 Net by 1.5%: Report
At the same time, the study found that net sales growth slowed down to 7 percent after registering a growth of 10 percent in the same period year-ago.
Rupee Trades With 11-Paise Loss Against Dollar at 65.32
The benchmark BSE Sensex went up 163.80 points, or 0.49 percent, to 32,924.24 in early session.
L&T IT Arm Sets Up Global Design Centre in Israel
Larsen & Tubro (L&T) Technology Services Ltd is also in talks with Israeli universities and institutes for collaboration in research and development projects and create opportunities for growth with industry players and Israeli start-ups.
