Business
Rupee Spurts 10 Paise Against Dollar, Equities Support
The rupee made a positive start on Thursday by firming up 10 paise to 64.45 against the dollar, with domestic equities playing along.
Karnataka IT and Biotechnology Dept Grants Rs 3.18 cr to 12 Start-ups
The Karnataka IT and Biotechnology department on Wednesday granted Rs 3.18 crore to fund 12 start-ups in the areas of agriculture, biotechnology, security, communications and robotics.
Govt to Divest 5 Percent in RCF on June 29-30; to Raise Rs 200 Crore
The government will sell over 2.75 crore equity shares in Rashtriya Chemicals and Fertilisers (RCF) on June 29-30 for about Rs 200 crore as part of its plan to divest shares in PSUs.
How to Link Your Aadhaar Card With PAN? Find Out Here
Aadhaar Card must be linked with various other accounts to avail benefit from government schemes, file IT returns, have a bank account or even get a new mobile connection.
Sensex Falls Over 76 points, Nifty Slips Below 9,500
Markets swung into weakness as the Sensex fell over 76 points on Wednesday and the NSE Nifty slipped below the 9,500 mark as investors brought down their bets ahead of the derivatives expiry.
Bank of International Settlements Warns of Risks to Global Economic Growth
The Bank of International Settlements (BIS) on Sunday urged governments to allow growth trends toward long-term averages to target structural reform while warning against inflation and protectionist winds.
Five Things You Need to Know About GST
The Goods and Services Tax is being hustled as the game-changer for Indian Economy.
Whole Foods Shares Keep Rising in Bidding War Speculation
Whole Foods Market Inc shares added to their gains on Monday after Amazon.com Inc announced plans last week to buy the upscale grocer, with investors betting that rivals could step in to create a bidding war.
Infosys Terms Negative Media Coverage, Activist Investors as Risk Factors
Terming negative media coverage and actions of activist shareholders as risk factors, global softare major Infosys on Tuesday informed the market regulators that such activities could adversely affect its stock prices and execution of strategies.
With GST, Airlines Might Face Taxation Air Pockets
Airlines seem to be preparing for turbulence with the implementation of the GST regime as certain segments of aviation business, including movement of spare parts, might attract more taxes.
British Pound Slips After UK Election Shock, Dollar Gains
The British pound plunged to a seven-week low on Friday after a shock election result cast doubt on Britain's talks to leave the European Union, but global equity markets rallied with key indices on Wall Street hitting new record highs.
Online Banking to Kill Physical Banks in 5-6 Years: Amitabh Kant
Low cost Internet based transactions and business efficiency due to technology advancements are expected to kill physical banks in next 5-6 years, NITI Aayog CEO Amitabh Kant said on Thursday.
Rupee Dips Further by 8 Paise Ahead of RBI Policy
The rupee was trading lower by 8 paise at 64.51 against the US dollar in early trade on Wednesday at the forex market amid caution ahead of the RBI's bi-monthly policy meet outcome due later in the day.
GST Council Clears Rules, States Agree to July 1 Rollout
The GST Council on Saturday cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax.
G7 Leaders End Summit Split on Climate Change, More United on Trade
The summit of Group of Seven wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they hoped were long settled.
India Gold Demand Drops Off as Buyers Await New Tax Regime
Gold demand in Asia tapered off this week as buyers took to the sidelines in India to await a new national tax policy and as China entered a seasonal slowdown.
