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Business news

Tata Group market cap tumbles $24 billion in 8 months

The Group has 29 listed companies.

Dec 8, 2015

Markets extend losses for fourth straight session, ITC loses 6.5% on 'sin' tax

'Sin' tax refers to tax on products such as alcohol and tobacco.

Dec 7, 2015

Tata Group eyes $350 billion in market capitalisation by 2025, open to acquisitions

The Tata Group's market capitalisation as on 3 December, 2015, was $111.56 billion.

Dec 7, 2015

OPEC News: Iran-Saudi Arabia differences fuel price drop

Oil prices have hit seven-year lows nearing $40 a barrel.

Dec 7, 2015

Uneasy calm in markets ahead of expected US Fed rate hike

It is going to be the first increase in U.S. interest rates in almost a decade,

Dec 6, 2015

India may ban imports of 24-carat gold jewellery to avoid misuse of Asia FTAs

The import duty on the metal was raised to 10 percent in 2013 to curb demand.

Dec 6, 2015

Progress on GST to set the trend for equity markets: Analysts

A US rate hike could potentially lead to a massive pullback of foreign funds from emerging economies.

Dec 6, 2015

Gold prices shrug off US Fed rate hike fears to reclaim Rs 26,000-mark

In contrast to market expectations, international gold prices remain firm despite an improvement in US employment data.

Dec 5, 2015

US Fed rate hike, Chennai floods, ECB easing push Sensex down 2%

Auto and IT companies had to suspend operations at their facilities in Chennai due to floods.

Dec 5, 2015

Edmund Shing on defence spending

Dec 2, 2015

No agreement on oil production ceiling by OPEC members

Iran said it would not consider any production curbs.

Dec 5, 2015

GST panel hands in suggestions; moots 17 to 18 percent revenue neutral rate

The revenue-neutral rate is the rate at which there will be no loss to both state and central governments.

Dec 4, 2015

Sensex falls by 248 points on ECB disappointment

Disappointing easing by the European Central Bank weighs on other Asian stocks as well.

Dec 4, 2015

Infosys, Wipro, HCL Technologies NIIT fall, TCS touches new 52-week low

The S&P BSE IT sector index fell 97.52 points, or 0.90%, to 10,694.50.

Dec 4, 2015

Opec meeting: Crude prices to stay low as cartel can hardly change anything

Why is crude falling? How far down technically is a price bottom?

Dec 4, 2015

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