Business
Housing Sales Up 7% in Jan-June in 8 Cities; Unsold Stock Down
In Delhi-NCR property market (sales-launches) dropped by 8% and 41%, respectively, despite fall in prices by 4%.
Rupee Ends Steady at 67.95 Against Dollar
The rupee opened sharply higher 67.77 a dollar against Monday's closing level of 67.95 at the Interbank Foreign Exchange (Forex) and moved up further to 67.71 a dollar on initial selling of dollars by banks and exporters due to weakness of dollar in the o...
Ken Miyauchi to Replace Nikesh Arora as SoftBank President
Miyauchi held 1,101,230 shares of SBG as of March 31, 2016, according to a statement by SoftBank
Govt Relaxes FDI Norms in Civil Aviation, Defence, Pharma
The government has done away with the clauses pertaining to the 'state-of-art' technology.
Raghuram Rajan's Successor Will be Announced Shortly, Says Jaitley
The government appreciates the good work done by him (Rajan) and respects his decision: Jaitley
Standard Chartered Denies Statement on Vijay Mallya
The bankers' counsel had, however, said, "If the bankers had colluded with Mallya, we would not have been waging a court battle against the high-profile defendant."
Nifty Ends Above 8100, Sensex Down 201 Points
About 964 shares have advanced, 1628 shares declined, and 165 shares are unchanged.
Exports Post Marginal Drop in May as Non-Oil Sectors Recover
Imports, too, dipped by 13.16 per cent to USD 28.44 billion
Nearly All States on Board on GST, Tamil Nadu Moots Amendments
The GST Bill is the biggest tax reform in 10 years and the Narendra Modi government is desperate to pass it in Parliament over consecutive sessions.
All Online Purchases to Attract GST, Says Model Law
The model GST law, which has 162 clauses and 4 schedules, has also suggested a jail terms of up to 5 years and fine for violation of the provisions of the statute.
India Records 10-Year Low In Public Private Investments
India low investments pulled down global investments
Cruel of Me to Spoil Media's Fun: RBI Governor Rajan on His 2nd Term
"The decision is taken after discussion between the incumbent and the government. The best I can do is to point you towards the statements of the Finance Minister and the Prime Minister," Rajan said.
Centre Acting Tough to Bring Back Black Money: Venkaiah Naidu
The Parliamentary Affairs Minister claimed that international treaties entered into during the Congress regime are coming in the way of bringing back black money as they have clauses on secrecy.
Why Raghuram Rajan is Much Revered at RBI
Rajan is credited with stabilising the volatile rupee and bringing down inflation.
Industrial Output Growth Down to 0.1% in March; at 2.4% in FY16
The manufacturing sector, which accounts for over 75% of the index, declined by 1.2% in March against a growth of 2.7% in same month a year ago.