Automobile major Maruti Suzuki will stop selling all diesel fuelled cars from April 1, 2020 as new emission norms kick in from next year. According to the company’s Chairman R.C. Bhargava, the company will stop selling diesel cars from April 1, 2020 as car prices will rise due to the implementation of Bharat Stage-VI emission […]
Kolkata: India’s e-commerce regulations need more consultation with American companies that have invested in India, according to a senior US official. Acting Assistant Secretary of Commerce and Director General of the US Foreign Commercial Service for the Department of Commerce, Ian Steff on Friday said some of the e-commerce regulations have not received the type […]
New Delhi: China-based Transsion Holdings’ itel Mobile is set to launch a new feature-packed smartphone in India on May 16 that would take Redmi 6A head on. Industry sources told IANS on Monday that the power-packed itel device is likely to be launched below Rs 5,000. On the other hand, the 2GB and 16GB Redmi […]
Mumbai: Key equity indices opened marginally higher but turned range-bound on Tuesday over weak global cues and increasing nervousness owing to the ongoing general elections. Markets saw a lack of participation owing to the heightened US-China trade tension. China on Monday retaliated with $60 billion tariffs against $200 billion worth of tariffs that US slapped […]
Mumbai: The Nifty on Monday advanced by a massive 421.10 points to 11,828.25, its largest gain since 2008, as exit polls showed the BJP-led National Democratic Alliance getting a comfortable majority in the just-concluded general election. The BSE Sensex jumped by a healthy 1421.90 points or 3.75 per cent, closing at 39,352.67, just short of […]
Mumbai: Markets hit record highs on Tuesday’s opening session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 in early trade. The Sensex touched a fresh life time high of 39,571.73 during the opening session of the trade on Tuesday. At 9.29 […]
Mumbai: The benchmark Sensex managed to close 140 points higher on Wednesday amid record volatility as fresh nervousness gripped the market ahead of the general election results. The India VIX or the fear gauge shot up to 30.18, a four year high level as the euphoria around the exit polls seemed dying down. Index gains […]
New Delhi: The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried class and must be kept away from avoidable risks like infrastructure NBFCs. Faced with liquidity crunch after IL&FS default […]
Mumbai: Indian equities seem to now have discounted the return of Prime Minister Narendra Modi. The Sensex after surpassing the historic highs is trading just over 300 points higher. At 1.27 p.m., the Sensex was up by 338.65 points or 0.87 per cent to 39,448.86 after its surpassed the 40,000 mark within minutes into Friday’s […]
Kolkata: Private sector Federal Bank is looking at a 20 per cent growth in business in the current fiscal, an official said on Wednesday. “We are pursuing a 20 per cent year-on-year growth in business, including deposits and credit, in 2019-20,” Federal Bank MD and CEO Shyam Srinivasan said. The lender had posted a net […]
Mumbai: The Reserve Bank of India on Wednesday constituted a task force on development of secondary market for corporate loans. The six-member task force will have T. N. Manoharan, Chairman of Canara Bank, as its chairperson and will submit its report by the end of August 2019. The RBI said that the terms of reference […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Tuesday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 40,267.62 on Monday, opened lower at 40,196. Minutes into trading, it was quoting at 40,155.50, down by 112.12 points, or 0.28 per cent. At the National Stock […]
Mumbai: The key Indian equity indices opened on a positive note on Monday, in line with the Asian stocks, with the BSE Sensex trading 320 points higher. Both the domestic and Asian investor sentiment strengthened after US President Donald Trump on Friday announced that he would not impose 5 per cent tariffs on Mexican exports, […]
Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 39,974.18, then touched a high of 39,982.10 and a low of 39,780.00. It is trading at 39,788.61 down by 161.85 points or 0.41 per cent fro its Tuesday’s […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 39,756.81 points on Wednesday, opened lower at 39,679.35 points. Minutes into trading, it was quoting at 39,651.30 points, down by 105.51 points, or 0.27 per cent. At […]
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