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Asian shares rise as US interest rates ease, China steps up yuan defence

The dollar extended losses on Thursday as China stepped up efforts to support the yuan.

Jan 6, 2017

People line up outside an ATM at a State Bank of India branch

Loan growth at historic low even as banks are awash with cash after demonetisation

But now that banks have slashed MCLR rates almost 80-90 bps at one go, SBI expects a credit growth rebound, at least in the housing sector.

Jan 6, 2017

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New study shows the brain’s ability to recognise faces continues to grow into adulthood

A new study has revealed that in humans, the part of the brain that’s responsible for face recognition continues to grow into adulthood. The results are surprising, since brain development is largely thought to involve synaptic pruning, rather than growth.

Jan 6, 2017

bombay dyeing, share price, land sale, bombay dyeing expansion, nusli wadia

Bombay Dyeing shares gain 13% in 4 days

On a revival and restructuring, 137-year-old Bombay Dyeing shares are steadily gaining.

Jan 5, 2017

sensex, nifty, india news,economic survey 2017, idea cellular share price, sensex live updates, top losers

JSW, Jindal Steel, Vedanta spurt on BSE; HSBC slashes India Q3 growth rate estimate

The Sensex closes 245 points higher after select shares rise; HSBC pegs India's December quarter growth rate at 5 percent.

Jan 5, 2017

Budget 2017: Govt expects direct and indirect tax targets to exceed budget estimates this fiscal

Higher tax revenues are expected to balance the divestment shortfall and help the government stick to its fiscal deficit target of 3.5 percent for 2016-17.

Jan 5, 2017

q3fy2017 preview, q3 it results, infosys q3, tech mahindra q3, wipro q3, tcs q3, bse sensex

Q3 results: Tech Mahindra, HCL Tech likely to outperform Infosys, TCS and Wipro in revenue growth

Infosys, Wipro, TCS are likely to report downbeat Q3 results; Tech Mahindra, HCL Tech could buck the trend, say analysts.

Jan 5, 2017

hannover reinsurance india irdai five companies swiss munich scor players insurance in india booming

With more reinsurers making a foray, India on way to emerge as global reinsurance hub

Soon, at least half a dozen global reinsurers are expected to enter the India insurance market. It is expected to quadruple from its current size of $60 billion over the next 10 years.

Jan 5, 2017

jkumar infra mumbai metro rail share price stock upgrade edelweiss

MMRDA invites bids for 2 more metro lines project in Mumbai

Once the contract is awarded, the work is expected to begin around May-June 2017.

Jan 5, 2017

Opposition meets CEC Nasim Zaidi, demands Budget Session 2017 be held after March 8

The Opposition is against the Centre's decision to present the Budget on February 1 — two days before the assembly polls in Punjab and Goa.

Jan 5, 2017

Bajaj Auto workers' union threatens hunger strike at Akurdi plant in Pune over 'anti-worker activities'

The union accused the management of harassing its members and also demanded to reinstate eight workers dismissed two years back.

Jan 5, 2017

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Next generation malaria vaccine trial passes first hurdle with strong results

A ‘next generation’ vaccine for malaria has shown success in its first human trial. The phase 1 study saw a strong immune response in 10 healthy volunteers. The vaccine was created by genetically engineering the malaria parasite to make it weaker. Scientist removed the three genes needed for it to successfully infect and cause disease in humans. None of the participants developed malaria symptoms, and showed a strong protective antibody response.

Jan 5, 2017

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Business news

Asian shares rise as US interest rates ease, China steps up yuan defence

Loan growth at historic low even as banks are awash with cash after demonetisation

New study shows the brain’s ability to recognise faces continues to grow into adulthood

Bombay Dyeing shares gain 13% in 4 days

JSW, Jindal Steel, Vedanta spurt on BSE; HSBC slashes India Q3 growth rate estimate

Budget 2017: Govt expects direct and indirect tax targets to exceed budget estimates this fiscal

Q3 results: Tech Mahindra, HCL Tech likely to outperform Infosys, TCS and Wipro in revenue growth

With more reinsurers making a foray, India on way to emerge as global reinsurance hub

MMRDA invites bids for 2 more metro lines project in Mumbai

Opposition meets CEC Nasim Zaidi, demands Budget Session 2017 be held after March 8

Bajaj Auto workers' union threatens hunger strike at Akurdi plant in Pune over 'anti-worker activities'

Next generation malaria vaccine trial passes first hurdle with strong results

What is Fat Cat Wednesday?

Ramco Systems, Jubilant Life shares jump on deal wins

Tata Sons now plans to expel Cyrus Mistry from its board