Markets

RBI cuts repo rate by 25 bps to 5.15%; GDP growth for FY20 adjusted to 6.1%

The lending rates were reduced in a bid to reverse the consumption slowdown and shore-up growth.

Oct 4, 2019

US widens trade war; slaps 25 percent tariffs on European goods, 10 percent on Airbus

But no tariffs will be imposed on EU-made aircraft parts used in Airbus' Alabama assembly operations or those used by rival US planemaker Boeing Co, safeguarding US manufacturing jobs.

Oct 3, 2019

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Markets today: Sensex jumps 250 points, Nifty above 11,000-mark in opening trade

The 30-share Sensex recovered by 0.65 percent at 38,917.39, and the Nifty by 0.60 percent at 11,543.75.

Oct 1, 2019

Signs of revival? FPI invests Rs 7,850 crore into stock market in September

The news has come as a major relief for the government as FPIs were net sellers in July and August.

Oct 1, 2019

Amazon, Flipkart festive sale: E-tailers offer big discounts despite economic slowdown

Booming sales in tier-two and lower cities helped e-tailers such as Amazon and Flipkart achieve their biggest ever opening.

Sep 30, 2019

Will RBI cut interest rate by 40 bps for 5th successive time this year?

Most experts expect a rate cut though they differ on the quantum ranging between 15 and 40 basis points; Finance Minister Nirmala Sitharaman's growth push is likely to guide RBI's monetary policy

Sep 29, 2019

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LPG crisis looming? Cooking gas shortage could worsen during festival season

LPG vendors may begin rationing of LPG cylinders to customers as the effect of Houthi attacks on Saudi oil installations and fire at ONGC's Uran plant affects supplies in Karnataka, Maharashtra, Punjab, and Goa amid domestic shutdowns

Sep 28, 2019

Markets today: Sensex slips 300 points, Nifty drops below 11,500

The key Indian equity indices opened on a negative note; Sensex was down over 300 points at 38,790, the Nifty50 on the NSE slipped 92 points to breach the 11,500-mark.

Sep 25, 2019

Improving supplies set to trim fuel prices that rose for eighth day in a row

International crude may soften as Houthis talk of halting further attacks and Saudi production gets back to near-normal levels despite reigning geopolitical tensions.

Sep 24, 2019

India's strategic drive for LNG source diversification gets a boost with US deal

Petronet LNG will invest $2.5 billion in Tellurian Petronet's Louisiana project under proposed tie-up concluded in the presence of Prime Minister Narendra Modi

Sep 23, 2019

Is Thomas Cook a casualty of Brexit uncertainty as lenders remain tightfisted?

Prolonged Brexit uncertainty is to partly blame for the failure of the world's oldest travel group to raise enough cash to service debt leading to bankruptcy.

Sep 23, 2019

Markets today: Sensex surges over 1,000 points, Nifty crosses 11,650 mark

Financials were among the top gainers, with the Nifty banking index, which tracks both state-owned and private-sector lenders, rising up to 5.5%.

Sep 23, 2019

Will Sitharaman's tax tweak snare capital fleeing China over US trade war?

Finance Minister Nirmala Sitharaman's sweeping reforms slashing corporate tax rates to bring them at par with most South Asian and Southeast Asian nations are expected to trap investments headed even to low-tax destinations like Bangladesh and Vietnam.

Sep 21, 2019

Will US restore India's GSP status during Modi visit?

The GSP programme, which allowed duty-free entry for up to $5.6 billion worth of annual exports to the US, was removed for "lack of reciprocal market access" of US exports in the Indian market".

Sep 21, 2019

FM Sitharaman announces steps to boost liquidity, demand

FM Sitharaman's liquidity drive gives the economy a booster shot of demand rise

Credit fairs by public sector banks will bring early festival cheer to consumers as corporate tax bonanza will put on steroids PM Modi's FDI push after Howdy Modi.

Sep 20, 2019

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Markets

RBI cuts repo rate by 25 bps to 5.15%; GDP growth for FY20 adjusted to 6.1%

US widens trade war; slaps 25 percent tariffs on European goods, 10 percent on Airbus

Markets today: Sensex jumps 250 points, Nifty above 11,000-mark in opening trade

Signs of revival? FPI invests Rs 7,850 crore into stock market in September

Amazon, Flipkart festive sale: E-tailers offer big discounts despite economic slowdown

Will RBI cut interest rate by 40 bps for 5th successive time this year?

LPG crisis looming? Cooking gas shortage could worsen during festival season

Markets today: Sensex slips 300 points, Nifty drops below 11,500

Improving supplies set to trim fuel prices that rose for eighth day in a row

India's strategic drive for LNG source diversification gets a boost with US deal

Is Thomas Cook a casualty of Brexit uncertainty as lenders remain tightfisted?

Markets today: Sensex surges over 1,000 points, Nifty crosses 11,650 mark

Will Sitharaman's tax tweak snare capital fleeing China over US trade war?

Will US restore India's GSP status during Modi visit?

FM Sitharaman's liquidity drive gives the economy a booster shot of demand rise

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]