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MRF to invest Rs 4,500 crore for tyre project in Gujarat

The announcement by India's largest tyre maker MRF also says that the investment will be in a phased manner.

Jan 12, 2017

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Budget 2017: NITI Aayog not in favour of raising income tax exemption limit

Niti Aayog, the Indian government's think-tank, would want the threshold for the 10 percent tax rate to be increased, instead.

Jan 12, 2017

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RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017

At the International Financial Services Centre (IFSC), RBI chief Urjit Patel speaks about government debt, inflation and interest subvention.

Jan 12, 2017

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Power Grid Corporation, NTPC lead Sensex, Nifty rally; TCS Q3 results, December inflation data awaited

Shares of Power Grid Corporation (PGCIL) and NTPC gain more than 3 percent in early trade; benchmark indices Sensex, Nifty up 0.40 percent.

Jan 12, 2017

Volkswagen pleads guilty in carbon emission scandal; agrees to pay $4.3 billion as settlement

Volkswagen has agreed to new audits and oversight by an independent monitor over a period of three years.

Jan 12, 2017

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Sensex crosses 27,000 mark, Nifty closes at 2-month high; IndusInd Bank gains 6%

The Sensex, Nifty rally was led by metal and bank stocks; Coal India, Tata Steel and ICICI Bank, IndusInd Bank were top gainers.

Jan 11, 2017

Rupee vs US dollar, rupee projection, demonetisation, GST, UBS report, Indian currency

Indian rupee could fall sharply against US dollar by FY2018; Nifty to hit 8,800 by December: UBS

The Indian rupee could fall to 73 to the US dollar by end of FY2018, while the 50-scrip NSE Nifty could rise to 8,8800, says UBS.

Jan 11, 2017

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Axis Bank Q3FY2017 preview: Net profit likely to fall sharply, say brokerages

India's third-largest private sector lender Axis Bank, facing money-laundering charges, is expected to report a fall in its net profit for Q3.

Jan 11, 2017

Play

What is next for the FTSE 100 in 2017?

The FTSE 100 ended 2016 with an all time high of 7,142.

Jan 11, 2017

financial planning, personal finance, tax savings, priya sunder

Almost 40 per cent of our 3,000-plus clients are women: Financial planner Priya Sunder

Priya Sunder (PS), financial planner and director of an investment advisory firm shares her views on approach to investments in an interview with IBT.

Jan 11, 2017

Asian shares at 2-month high, markets await Trump news conference

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to two-month highs.

Jan 11, 2017

Indian auto sales plunge to lowest numbers in 16 years, as demonetisation bites

For the calendar year 2016, Indian automobile sector recorded a growth of 9.17 percent.

Jan 11, 2017

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PM Modi at Vibrant Gujarat 2017: India on the threshold of becoming world's most digitised economy

Addressing the inauguration ceremony of Vibrant Gujarat Global Summit, the PM said that the government is working to adopt and absorb newer technologies.

Jan 10, 2017