Business

Mumbai: The benchmark BSE Sensex dropped for the sixth day today to record its longest losing run in four months as foreign funds continued to offload shares on fears that below normal rains will result in higher inflation. With today's…
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New Delhi: Finance Ministry has returned an Oil Ministry proposal to allow market price for part of the natural gas produced by firms like ONGC and Reliance Industries from difficult fields. "Finance Ministry has made certain observations…
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Mumbai: Continuing its losing streak for the sixth straight session, the benchmark BSE Sensex fell another 76 points in early trade today on sustained selling by funds and retail investors coupled with weakening global markets. The…
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Mumbai: The benchmark BSE Sensex today plunged by 245 points to 26,523.09 -- its lowest in nearly eight months -- on heavy selling in FMCG stocks amid prevailing drought fears and RBI's cautions stance on economic recovery. The 30-share…
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Mumbai: The benchmark BSE Sensex staged a modest recovery by rising over 58 points in early trade today as shares of Coal India, Wipro, TCS and Bajaj Auto led the gains on value-buying by participants after recent losses. However, caution…
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New Delhi: Private sector lender YES Bank today said it will raise USD 1 billion (about Rs 6,400 crore) by fresh equity and Rs 10,000 crore through Non Convertible Debentures (NCDs) and bonds. The bank's shareholders, at its Annual General…
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New Delhi: Finance Minister Arun Jaitley will meet the heads of public sector banks on June 12 to review the banks' annual performance and bad loans situation as also to persuade them to pass on RBI's rate cut benefit to borrowers for…
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Dhaka: Anil Ambani-led Reliance Power today signed an agreement to invest USD 3 billion in setting up a mega power plant and a floating LNG import terminal in Bangladesh which faces acute power shortages. Reliance Power will set up a 2…
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Mumbai: The benchmark BSE Sensex shrugged off its initial weakness and rebounded over 164 points to 26,978.22 in late afternoon trade today on value-buying as the much-awaited monsoon finally arrived in Kerala. Key blue-chips Coal India,…
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Mumbai: The benchmark BSE Sensex stretched its losses for the fourth straight day today, falling over 84 points in early trade on sustained selling by participants, triggered by weak domestic as well as global cues. The 30-share index…
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