India to surpass China to become 2nd largest oil demand centre in 2019

India will surpass China to become the second largest oil demand growth centre globally in 2019 on back of buoyant auto fuel and LPG consumption, research and consultancy group Wood Mackenzie said on Tuesday

22 Jan 2019, 04:22 PM IST
Gold extends gains on jewellers' buying
22 Jan 2019, 03:57 PM IST

Govt likely to circumvent PESB route to fast-track hiring of directors at Air India

In order to fasttrack the hiring of directorlevel executives at Air India, the Union Civil Aviation Ministry is likely to conduct the appointment process through its searchandselec
22 Jan 2019, 11:19 AM IST

Sensex drops over 100 points on profit-booking, weak global cues

The benchmark BSE Sensex fell over 100 points on Tuesday after a fivesession winning spree as investors cashed profits in IT, metal, banking, consumer durables, power and auto shar
22 Jan 2019, 10:33 AM IST

Sensex jumps 192 points; RIL surges 4 per cent

The BSE benchmark Sensex continued its winning run for the fifth straight session on Monday, rallying 192 points, and the NSE Nifty inched toward the 11,000 mark, riding on strong
21 Jan 2019, 05:16 PM IST

LIC completes acquisition of 51 per cent stake in IDBI Bank

IDBI Bank on Monday said insurance behemoth LIC has completed acquisition of 51 per cent controlling stake in the bank, making it the lenders majority shareholder
21 Jan 2019, 03:33 PM IST

Kotak Mahindra Bank Q3 profit rises 23 per cent to Rs 1,291 crore

Private lender Kotak Mahindra Bank on Monday reported a 23 per cent growth in net profit to Rs 1,291 crore for the third quarter ended December 31, on higher net interest income
21 Jan 2019, 03:31 PM IST

Printing of Budget documents begins with 'Halwa' ceremony

Minister of State for Finance and senior officials of the Finance Ministry on Monday observed the symbolic Halwa Ceremony to mark the launch of formal printing of documents relatin
21 Jan 2019, 03:29 PM IST

Nepal bank announces ban of Indian notes above Rs 100

Nepals central bank has announced the ban of Indian currency notes with denominations above Rs 100
21 Jan 2019, 10:56 AM IST

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

Indian billionaires saw their fortunes swell by 2,200 crore a day last year, with the top 1 per cent of the countrys richest getting richer by 39 per cent as against just 3 per ce
21 Jan 2019, 10:30 AM IST

Sensex jumps 250 points; Nifty tests 10,950

Rising for the straight fifth session, the benchmark Sensex rallied 250 points after opening on a cautious note on Monday, on continued buying in select bluechips by domestic inves
21 Jan 2019, 10:11 AM IST

PNB case: 2 senior executives fired

The government has sacked two senior executives of staterun Punjab National Bank PNB for allegedly failing to prevent a 2 billion fraud, two sources with direct knowledge of the ma
20 Jan 2019, 02:46 PM IST

FPI outflow crosses ₹4,000 cr in January so far

Foreign investors have pulled out more than 4,000 crore from the Indian capital markets so far in January, highlighting their cautious stance towards the country
20 Jan 2019, 01:44 PM IST

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 jeweller
18 Jan 2019, 05:59 PM IST

Sensex, Nifty end marginally higher; RIL shines post Q3 show

Markets closed marginally higher Friday after a volatile session as investors largely stuck to index heavyweights despite positive global cues
18 Jan 2019, 04:26 PM IST

Fuel prices witness marginal rise in Delhi, Mumbai

Fuel prices witnessed a marginal rise on Friday
18 Jan 2019, 03:26 PM IST

Adani announces Rs 55,000 cr investment in Gujarat in next 5 years

Billionaire Gautam Adani on Friday announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the worlds largest solar park, a copper
18 Jan 2019, 03:24 PM IST

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