Markets

Is Jio's new charge on inter-network calls bid to kill two birds with one stone?

With the new 6-paise charge on inter-network calls Reliance Jio may be eyeing increased profitability and higher market valuation.

Oct 11, 2019

Petrol, diesel prices continue downward trend

According to the Indian Oil website, petrol rates in Delhi, Kolkata, Mumbai and Chennai are: Rs 73.42/litre, Rs 76.07/litre, Rs 79.03/litre and Rs 76.25/litre respectively.

Oct 11, 2019

Lakshmi Vilas Bank put under prompt corrective action framework

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Lakshmi Vilas Bank placed under regulatory restrictions over high leverage last month will have to explore other ways to raise capital; IndiaBulls may turn to share buyback.

Oct 10, 2019

Asia-Pacific 2019 growth to slow to 5.8% on trade tensions: World Bank

Economic growth in the region is forecast to slip to 5.8% in 2019 from 6.3% in 2018.

Oct 10, 2019

Sensex, Nifty retreat as banks fall; Indiabulls dips 9%, Airtel top gainer

The broader NSE Nifty was down 0.35 per cent at 11,273.60 by 0437 GMT, while the benchmark BSE Sensex was weaker by 0.31 per cent at 38,060.12.

Oct 10, 2019

Reliance to resume Venezuela oil loadings, says actions compliant to US sanctions

A spokesperson for Reliance said on Wednesday it has been supplying Venezuela with fuels, including diesel, permitted under US sanctions in exchange for the refined products.

Oct 10, 2019

Markets today: Sensex opens on positive note; Nifty trades at 11,129.85 points

The Nifty was trading at 11,129.85 points on Wednesday morning.

Oct 9, 2019

Gold sales likely to decline 50% on Dhanteras due to weakening demand

Gold imports have nosedived due to higher prices and an increase in import duty.

Oct 9, 2019

US blacklists 28 Chinese entities amid tense atmosphere; quick trade deal unlikely

The move by the US Commerce Department could deepen divisions between Washington and Beijing at a critical juncture in their 15-month trade war.

Oct 8, 2019

YES Bank seeks police probe over fake news; woos Microsoft for investment

Private lender YES Bank seeks multidisciplinary team to investigate the spread of alleged false news that has hit the bank's market cap; bank seeks strategic investment from Microsoft or one of the two other tech firms it is in talks with

Oct 7, 2019

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month.

Oct 7, 2019

Will RBI cut rates further as market takes hit from fifth successive reduction?

Markets slumped on weak sentiment after RBI cut the repo rate by an expected 25 basis points to 5.15%; the central bank maintains accommodative guidance as it adjusts economic growth estimates for the full year to 6.1% from 6.9%.

Oct 5, 2019

Amazon, Flipkart vie for top festival season honours; both report record sales

Even while claiming higher sales than the rival during this festival season, both Flipkart and Amazon are thrilled that record orders from tier-3 cities helped them scale the biggest-ever festival sales during the six-day period that ended on Friday.

Oct 5, 2019

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

Is Jio's new charge on inter-network calls bid to kill two birds with one stone?

Petrol, diesel prices continue downward trend

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Asia-Pacific 2019 growth to slow to 5.8% on trade tensions: World Bank

Sensex, Nifty retreat as banks fall; Indiabulls dips 9%, Airtel top gainer

Reliance to resume Venezuela oil loadings, says actions compliant to US sanctions

Markets today: Sensex opens on positive note; Nifty trades at 11,129.85 points

Gold sales likely to decline 50% on Dhanteras due to weakening demand

US blacklists 28 Chinese entities amid tense atmosphere; quick trade deal unlikely

YES Bank seeks police probe over fake news; woos Microsoft for investment

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

Will RBI cut rates further as market takes hit from fifth successive reduction?

Amazon, Flipkart vie for top festival season honours; both report record sales

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

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]