Business

Through the $52.4 billion deal, announced on Thursday morning, Disney would be able to distribute its programming on Star India, operator of 69 TV channels in eight languages, as well as the popular Hotstar streaming service. Disney also would gain global...

The 30-share index was lower by 94.02 points, or 0.28 per cent, at 33,361.77. It had gained 858.61 points in the previous three sessions.

Kharola, a 1985-batch Karnataka cadre officer, assumed charge from Rajiv Bansal.

The launch has given an extra kick to the cyptocurrency's scorching run this year. It has nearly doubled in price since the start of December, but recent days saw sharp moves in both directions, with bitcoin losing almost a fifth of its value on Friday af...

The 30-share Sensex was trading higher by 190.36 points, or 0.57 percent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto.

A higher opening in domestic stocks supported the rupee, forex dealers said.

The rupee had lost 14 paise to end at 64.52 against the US dollar on Wednesday after RBI decided to keep the key policy rates unchanged and raised the inflation forecast.

The benchmark BSE Sensex fell by 100.07 points, or 0.30 per cent, to 32,702.37 in early trade.

November's Nikkei/IHS Markit Services Purchasing Managers' Index fell to 48.5 - its lowest since August - from 51.7 in October, well below the 50 mark that separates expansion from contraction.

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income.

"Expectations of implementation of the GST beginning July 1, 2017 led to some disruptions in supply during the April- June quarter with the quarterly growth rate declining to 5.7 per cent."

The study 'Invisible Work, Invisible Workers - The Sub- Economies of Unpaid Work and Paid Work' has been compiled on the basis of a research conducted in in the four districts of Maharashtra, Telangana and Uttarakhand.

Stock markets continued to show strength that bolstered rupee sentiment, currency traders said. However, the dollar's clout overseas weighed heavy on the domestic unit.

According to a ministry statement, hundreds of LPG consumers had complained about non-credit of subsidy amount into their accounts during the past few weeks.

India in July opened 2.8 million sq km of sedimentary basins for oil and gas exploration under the Open Acreage Licensing (OAL) regime in a bid to raise domestic production and cut excessive dependence on imports.

Vodafone India has a net debt of USD 8.2 billion.