Business
Govt Mulls Insurance Guidelines for Mobile Wallet Transactions
Government has initiated talks with mobile wallet players and insurance companies to work out a mechanism to enable an insurance framework for electronic wallet transactions.
Maruti Hikes Prices by Upto Rs 8,014 With Immediate Effect
Country's largest carmaker Maruti Suzuki India on Friday hiked prices of its entire product range by upto Rs 8,014 with immediate effect.
Rupee Trims Early Gains, Down 2 Paise at 68.20
The rupee surrendered its early strong gains against the American currency and ended marginally lower by two paise at 68.20 despite dollar outlook remaining lacklustre.
Demonetisation Has Negative Impact on Jobs, SMEs: Assocham Survey
A majority of the respondents stated that the SMEs have been hit and would still suffer the lingering effect for one more quar
Reliance Q3 Profit Rises 4% to Rs 8022 cr, GRM at $10.80/bbl
Reliance Industries, the flagship company of Mukesh Dhirubhai Ambani Group, said profit on standalone basis increased 4.1 percent sequentially to Rs 8,022 crore in the quarter ended December 2016.
Budget Relief For Banks: FICCI's Recomendations
The banking sector is in flux following the demonetisation policy of the Centre. The Federation of Indian Chambers of Commerce has following suggestions to the ease the sector’s problems from the Union Budget of 2017-18.
Low Inflation Must for Meaningful Interest Rate Regime: Urjit Patel
RBI Governor Urjit Patel on Wednesday made a strong case for keeping inflation low on durable basis saying it is "essential prerequisite" for meaningful interest rate structure to increase investments for better growth.
Rupee Gains 17 Paise Against Dollar in Early Trade
Rupee strengthened by 17 paise to 68.04 against the dollar in early trade at Interbank Foreign Exchange on fresh selling of the US currency by exporters and banks.
Notes Ban to Further Hit GDP Growth: P Chidambaram
With the country's GDP growth being projected to slow down to 7.1 per cent, former Union Finance Minister P Chidambaram on Saturday said demonetisation will further hit the economy.
US Dollar Ends Sharply Higher Against Rupee
The US dollar ended sharply higher against the rupee at 68.22/23 per dollar and the pound sterling also finished higher at Rs 83.91/93 at the Interbank Foreign Exchange (FOREX) market on Monday.
Demonetisation has Hit Business: Tata Steel
Private sector steel major Tata Steel on Tuesday said demonetisation has impacted its business, but exuded confidence that the situation would improve soon.
Saudi Arabia to Sell 49% of Aramco Within Decade: Report
The kingdom is looking to diversify its oil-dependent economy and has already announced cutbacks after its 2015 deficit snowballed to $97 billion (93 billion euros).
Trying My Best, Says Arun Jaitley as GST Logjam Continues
Finding no common ground on the issue of dual control or cross empowerment that deals with assessee jurisdiction, the Goods and Services Tax (GST) Council's 7th meeting that came to an end on Friday raised grave concerns about its April 1 implementation d...
Rupee Recovers 11 Paise in Early Trade
The rupee recovered by 11 paise to 67.92 against the US dollar in opening trade on Wednesday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks amidst higher opening in the domestic equity market.
4 Tata Firms to Vote on Cyrus Mistry's Removal as Director
In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards.
Cyrus Mistry Vows to Continue Fight Against Tatas
A day after being voted out as TCS' director, Cyrus P Mistry took the moral high ground, saying over 70 per cent of non-promoter shareholders either voted against the resolution to remove him or abstained.
