Indian Business
Gold snaps 4-day rally on subdued demand

Snapping the fourday rally, gold prices on Friday witnessed a fall of Rs 80 to Rs 33,220 per 10 gram at the bullion market in the national capital on sluggish demand from jewellers, according to the All India Sarafa Association

18 Jan 2019, 05:59 PM IST

More From Indian Business

Reliance to invest Rs 3 lakh cr in Gujarat in next 10 years: Ambani

Indias richest person Mukesh Ambani on Friday committed to invest Rs 3 lakh crore in various projects in the next 10 years in Gujarat, that may range from energy and petrochemical
18 Jan 2019, 03:23 PM IST

Dr Saundarya Rajesh first Indian to be conferred with the Prestigious “Winds of Change” Award

One of Indias key Diversity and Inclusion strategists and the catalyst for second careers for women, Dr Saundarya Rajesh of AVTAR receives a global recognition as the first Interna
18 Jan 2019, 03:16 PM IST

Rupee slips 21 paise against US dollar in early trade

The rupee on Friday depreciated 21 paise to 7124 in early trade in the forex market amid strengthening American currency and rising crude prices
18 Jan 2019, 10:17 AM IST

Sensex, Nifty start on a volatile note; Sun Pharma tanks 10 pc

The BSE benchmark Sensex and NSE Nifty on Friday started on a volatile note tracking heavy selling on pharma and banking banking counters amid weakening rupee
18 Jan 2019, 10:07 AM IST

Flipkart India raises Rs 1,431 crore from parent firm

Flipkart India, the wholesale arm of Walmartowned ecommerce company Flipkart, has received about Rs 1,431 crore from its Singaporebased parent, according to documents filed with th
17 Jan 2019, 05:58 PM IST

GDP growth likely to be tad higher at 7.5 pc in FY20, says India Ratings and Research

The countrys economy is likely to grow a tad higher at 75 per cent in 201920 on account of steady improvement in major sectors industry and services, said India Ratings and Resear
17 Jan 2019, 05:54 PM IST

RBI-industry meet: India Inc pitches for rate cut to prop up growth

Ahead of the monetary policy review, India Inc on Thursday urged the Reserve Bank of India RBI to cut interest rate and reserve ratio to prop up growth
17 Jan 2019, 05:51 PM IST

May need more currency as GDP size increasing: RBI official

With the countrys GDP size increasing in quantitative terms, there could be need for more currency in the economy, a Reserve Bank of India official said on Thursday
17 Jan 2019, 04:02 PM IST

India's e-commerce curbs could hit online sales by USD 46 bn by 2022: report

Indias new foreign investment restrictions for its ecommerce sector, which includes giants such as Amazoncom Inc and Walmartowned Flipkart, could reduce online sales by 46 billion
17 Jan 2019, 02:52 PM IST

NGT slams Volkswagen for not depositing Rs 100 crore as per its 2018 order

The National Green Tribunal NGT on Thursday slammed German auto major Volkswagen for not depositing Rs 100 crore in accordance with its November 16, 2018 order and directed it to s
17 Jan 2019, 01:12 PM IST

PACL case: Sebi panel receives details of additional 13,863 properties

Markets regulator Sebi on Wednesday said the committee headed by Justice R M Lodha in the PACL Ltd case has received details of additional 13,863 properties of the real estate firm
17 Jan 2019, 11:35 AM IST

SBI says lenders in talks for Jet Airways' restructuring plan

State Bank of India SBI said on Thursday lenders of Jet Airways Ltd were considering a plan to resolve the debt issues of the Indian carrier, amid increasing prospects of a bailout
17 Jan 2019, 11:22 AM IST

Sensex rises over 100 points on sustained DII buying

Extending gains for the third session, the BSE benchmark Sensex on Thursday rose over 100 points tracking sustained buying by domestic institutional investors and positive global c
17 Jan 2019, 10:29 AM IST

Rupee opens 9 paise higher against US dollar

The rupee appreciated by 9 paise to 7115 against the US dollar in opening trade on Thursday, driven by positive opening in domestic equities and weakening greenback in overseas mar
17 Jan 2019, 10:28 AM IST

Indian equities end flat on May's Brexit defeat

Broadly negative global cues, especially owing to the political uncertainty in the UK, subdued the Indian equity market on Wednesday
16 Jan 2019, 05:22 PM IST

Mukesh Ambani in top Global Thinkers list of Foreign Policy

Richest Indian Mukesh Ambani has featured in the top Global Thinkers 2019 ranking of the prestigious Foreign Policy publication alongside the likes of Alibaba founder Jack Ma, Amaz
16 Jan 2019, 04:53 PM IST

RBI Governor to meet industry chambers on Thursday

Reserve Bank of India RBI Governor Shaktikanta Das will meet industry chambers on Thursday to understand their issues and concerns
16 Jan 2019, 03:13 PM IST

Sensex jumps 100 points; Nifty reclaims 10,900 mark

Extending gains for the second session, the BSE benchmark Sensex on Wednesday rose over 100 points tracking heavy buying by domestic institutional investors after the government s
16 Jan 2019, 10:50 AM IST

Government working on domestic manufacturing of aircraft: Prabhu

The government is working on a blueprint for the domestic manufacturing of aircraft and also looking at aircraft financing from within the country, Civil Aviation Minister Suresh P
15 Jan 2019, 05:40 PM IST

Gold rises for second day, silver gains

Extending its gain for the second straight day, gold prices on Tuesday gained marginally by Rs 25 to Rs 33,125 per 10 gram at the bullion market in the national capital on firm tre
15 Jan 2019, 04:20 PM IST

Cabinet likely to consider capital infusion proposal for Exim Bank

The Union Cabinet in its meeting scheduled on Wednesday is likely to consider fund infusion in ExportImport Bank of India Exim Bank, sources said
15 Jan 2019, 04:14 PM IST

Qatar Airways CEO: Not interested in Jet Airways as backed by 'enemy' state

Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debtladen Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an enemy of Qatar, it
15 Jan 2019, 04:14 PM IST

E-way bill to be integrated with NHAI's FASTag to track GST evasion from April

The GST eway bill system is likely to be integrated with NHAIs FASTag mechanism from April to help track movement of goods and check GST evasion
15 Jan 2019, 04:08 PM IST

RBI imposes monetary penalty of Rs 10 million on Bajaj Finance Ltd

The Reserve Bank of India RBI has imposed a monetary penalty of Rs 10 million on Bajaj Finance Limited for violation of Fair Practices Code
15 Jan 2019, 02:56 PM IST

Silver futures surge 0.27% on global cues

Silver for delivery in March traded higher by Rs 105, or 027 percent, at Rs 36,965 per kg in a business turnover of 18,023 lots at the Multi Commodity Exchange
15 Jan 2019, 02:41 PM IST

Sensex surges over 340 points on expectations of rate cut

Sensex surged over 340 points during the afternoon session of the trade on Tuesday as lower inflation figures gave way to expectations of an ease in the monetary policy by the cent
15 Jan 2019, 02:30 PM IST

India's nuclear doctrine based on policy of minimum credible deterrence: Foreign Secretary Vijay Gokhale

Young diplomats from 27 countries are participating in the fellowship programme here that aims at equipping them with the knowledge and perspectives on various contemporary disarma
15 Jan 2019, 11:32 AM IST

Manish Sisodia accuses BJP of 'exploiting' traders through GST

Delhi Deputy Chief Minister Manish Sisoida lashed out at the BJP on Monday and accused it of exploiting traders through the goods and services tax GST
15 Jan 2019, 10:46 AM IST

Rupee depreciates 10 paise against USD; falls below 71 mark

The rupee depreciated by 10 paise and fell below the 71 per dollar mark in opening trade on Tuesday amid strengthening greenback, sustained foreign fund outflows and surging crude
15 Jan 2019, 10:37 AM IST

Airtel to deploy pre-5G mobile network tech for Kumbh this week

Bharti Airtel plans to deploy pre5G network technology for its customers at the worlds largest congregation Kumbh Mela to be held between January 15 and March 4 in Allahabad
14 Jan 2019, 06:01 PM IST

Sachin Bansal invests Rs 150 crore in Ola

Flipkart cofounder Sachin Bansal has pumped in about Rs 150 crore in ridehailing platform Ola, according to documents filed with the Corporate Affairs Ministry
14 Jan 2019, 05:58 PM IST

Ananth Narayanan steps down as Myntra-Jabong CEO

Fashion etailer Myntra on Monday said its CEO Ananth Narayanan has quit, a development that ends months of speculation about his exit following a recent rejig at its parent group F
14 Jan 2019, 05:54 PM IST

Sensex drops over 150 pts on weak IIP data

The benchmark BSE Sensex ended over 150 points lower Monday as foreign investors cut down bets on disappointing IIP data and weak trend in other Asian markets
14 Jan 2019, 05:19 PM IST

Infosys shares gain nearly 4 per cent on share buyback

Shares of Infosys on Monday rose by nearly 4 per cent after the company approved a Rs 8,260crore share buyback and also raised its revenue growth forecast
14 Jan 2019, 01:32 PM IST

India's December wholesale inflation eases to 3.80%

Indias annual rate of inflation based on wholesale prices eased to 380 per cent in December 2018 from 464 per cent in November, official data showed here on Monday
14 Jan 2019, 01:13 PM IST

RBI net-seller of dollars in November, unwinding USD 644 million

The Reserve Bank remained a net seller of dollars in November 2018, as it sold USD 644 million of the greenback on a net basis in the spot market, according to the latest data from
13 Jan 2019, 04:41 PM IST