Business
Rahul Bajaj Bats for Urjit Patel in RBI Autonomy Row, Warns Govt Against Invoking Section 7
Rahul Bajaj hoped that at the forthcoming board meet of the central board of the RBI on November 19, the regulator and government will reconcile by ceding some space, but made it clear that if Section 7 is invoked, Urjit Patel has no other option but to r...
Jayesh Sanghrajka Appointed as Infosys' Interim Chief Financial Officer
Infosys said, Jayesh Sanghrajka has spent 13 years in the company over two stints and has performed various leadership roles in the finance function.
Air India Eyes Rs 800 Crore from Sale of Over 70 Properties
Last month, Air India had put 14 properties on sale, in cities such as Mumbai, Kolkata, Chennai, Bengaluru, Pune and Amritsar.
WPI Inflation Rises to 5.28% in October on Costlier Fuel
According to the government data released on Wednesday, food articles witnessed softening of prices with deflation at 1.49 per cent in October, against 0.21 per cent September.
Tata Begins Talks to Buy Controlling Stake in Cash-Strapped Jet Airways: Report
After posting its third consecutive quarterly loss on Monday, debt-laden Jet Airways said it planned to cut flights on less profitable routes and add capacity in more lucrative markets.
India Yet to Recover from Demonetisation, Scars More Visible Now: Manmohan Singh
Ex-PM Manmohan Singh called Narendra Modi's overnight ban on Rs 500 and Rs 1,000 notes an "ill-fated and ill-thought exercise".
Nehru Said RBI Autonomy Subject to Govt Direction, It's Still True: Top Govt Functionary
The top functionary, who did not want to be named, also cited several instances of clash the earlier governments at the Centre, right from the Nehru-led dispensation to the UPA's, had with the central bank over policy issues which at times led to the resi...
Rupee Does U-turn, Nosedives 67 Paise Against US Dollar
On Friday, the rupee clocked its biggest single-day gain in over five years, surging by 100 paise to close at 72.45 against the US dollar. The domestic currency had gained 150 paise in the previous two sessions.
Sensex Drops 61 Points on Negative Global Cues, Weak Rupee
The Sensex fell below the 35,000-level to touch a low of 34,811.60 due to heavy selling pressure in view of foreign capital outflows and weak global cues.
Amid Trade War With US, Xi Pledges to Open China's Markets Wider to an Impatient World
Xi said China would "step up" efforts to stimulate imports, lower tariffs, ease customs clearance procedures.
Global Factors, Rupee, Oil to Drive Stock Markets in Diwali Week
The BSE and NSE will conduct a special 'Muhurat' trading session on Wednesday, November 7.
RBI to Help Shadow Banks Refinance Debt as Default Worries Loom
The RBI said banks could now provide partial credit enhancement to refinance bonds issued by NBFCs and housing finance companies (HFCs) with tenors of not less than three years.
LPG Cylinder Price Hiked: Here's How Much You Need to Shell Out
For the month of November, LPG consumers will pay Rs. 505.34 per cylinder at subsidised rates, and Rs. 939 per cylinder at non-subsidised rates.
Sensex Slips Over 150 Points; Financial, Energy Stocks Drag
Besides, mixed corporate earnings so far did not help in sustaining last session's positivity on the domestic bourses. The benchmark indices Sensex and Nifty Monday rose over 718 points and 220 points,
Paytm's Parent Company One97 Communications Widens Net Loss to Rs 1,490.4 Crore
A separate filing of Paytm E-commerce – which operates as Paytm Mall – showed that Paytm's e-commerce venture had registered a net loss of Rs 1,787,55 crore in FY2017-18 as against a loss of Rs 13.63 crore in the previous financial year.
L&T Finance Q2 Net Profit Jumps 66 Percent to Rs 560 Crore
The company had posted a net profit of Rs 338 crore in the corresponding July-September period of 2017-18.