Business news

BSE closes points 32.14 down on Feb 5

New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar.

Feb 5, 2015

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate

Feb 5, 2015

Russia will Add 200 New Aircraft to Defense Arsenal to Maintain Higher Operational Readiness

With the NATO encroachment reaching Russian borders, the world's largest country has decided to enhance its air superiority by inducting 200 new aircraft, including the Sukhoi Su-35 (Flanker) aircraft and a range of helicopters.

Feb 5, 2015

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BSE closes points 168.8 down on Feb 4

New Delhi, Feb 4 (ANI): Trading at the Bombay Stock Exchange today closed 168.8 points down to stand at 28,831.25. At the National Stock Exchange the Nifty closed 50.80 points down to stand at 8,705.75. KSCL and WOCKPHARMA were among the top gainers of Group A with an increase of 10.65% and 9.84% along with DEN and PMCFIN with an increase of 5.93% and 4.96% respectively, while the top losers of Group A include ALEMBIC PHARMACEUTICALS LTD and JUBILANT with a decrease of 10.78% and 9.96% along with SHREECEM and CROMPTON GREAVES LTD with a decrease of 6.79% and 6.01% at the close of the markets. The Auto sector is down 243.93 points at 19,701.95, while the banking sector is down 273.28 points at 21,915.25 and the reality sector is up 17.39 points at 1,807.19. The Indian currency is up 0.24% at Rs 61.80 per dollar.

Feb 4, 2015

SpiceJet Announces Special Offer for Valentine's Day; One-way Ticket Starts at ₹1,599

The scheme is available on all domestic routes and onward flights on SpiceJet network on first-come-first-serve basis.

Feb 4, 2015

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

The finance minister is expected to use the amount unspent by government agencies to help cover the budget deficit.

Feb 4, 2015

AirAsia India launched a week-long sale offering one-way tickets prices as low as Rs 699 including taxes.

AirAsia India Planning To Launch Red-Eye Flights; Fares May Go Down

AirAsia India is planning to launch red-eye flights.

Feb 4, 2015

World's Top Sovereign Wealth Funds Listen to Modi's Reform Plans

He was addressing 20 top global investors who manage assets worth about $11 trillion globally

Feb 4, 2015

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BSE closes points 122.13 down on Feb 3

New Delhi, Feb 3 (ANI): Trading at the Bombay Stock Exchange today closed 122.13 points down to stand at 29,000.14. At the National Stock Exchange the Nifty closed 40.85 points down to stand at 8,756.55. VIDEOCON INDUSTRIES LTD. and DHFL were among the top gainers of Group A with an increase of 7.90% and 6.15% along with FRL and SSLT with an increase of 6.12% and 5.95% respectively, while the top losers of Group A include JSW ENERGY and PNB with a decrease of 10.14% and 8.44% along PFC and JET AIRWAYS with a decrease of 6.94% and 6.20% at the close of the markets. The Auto sector is down 131.66 points at 19,945.88 while the banking sector is down 593.57 points at 22,188.53 and the reality sector is down 25.88 points at 1,789.80. The Indian currency is down 0.12% at Rs 61.72 per dollar.

Feb 3, 2015