Business

Washington: The US has said it is encouraged by the economic reforms being pursued by the Indian government, and appealed to it to consider taking additional steps towards facilitating trade. "We have seen a positive recognition from the…
Read More...

Mumbai: After yesterday's crash, the benchmark Sensex today fell further by over 122 points and Nifty dipped below the 8,200 mark in early trade today on sustained selling by funds and investors after RBI took a cautious stance on economic…
Read More...

Mumbai: Extending its decline, the BSE Sensex tanked over 640 points on IMD's lowering monsoon forecast for this year and RBI taking a cautious stance on the economic recovery even as it cut policy rates by 25 basis points. In its second…
Read More...

Mumbai: Reserve Bank Governor Raghuram Rajan on Tuesday cut the key interest rate by 0.25 per cent, third time this year, meeting market and government expectations of boosting growth by lowering borrowing cost. While the RBI cut the repo…
Read More...

Mumbai: The benchmark BSE Sensex rose over 53 points in the opening trade today on sustained buying by investors ahead of the Reserve Bank's monetary policy review amid a mixed trend overseas. The 30-share index, which had gained 342.28…
Read More...

New Delhi: Thanks to benign inflation and better fiscal numbers, bankers and industry leaders expect RBI to lower its key policy rate tomorrow to support economic activity and boost investment. The wholesale inflation hit a new low of…
Read More...

New Delhi: Gold prices today drifted by Rs 105 to trade at a three-week low of Rs 27,225 per ten grams at the bullion market owing to slackened demand from jewellers amid a weak global trend. Silver remained under selling pressure and…
Read More...

New Delhi: Diversified business entity Bajaj Group today announced a contribution of Rs 10 crore to the Prime Minister's Relief Fund to aid rehabilitation and rebuilding efforts in the earthquake-ravaged Nepal. A further sum of Rs 50 lakh…
Read More...

Mumbai: Shares of Sun Pharmaceutical Industries tumbled 11 per cent today after the company's fourth quarter earnings came below market expectations. The stock plunged 11 per cent to Rs 869.50 on the BSE. At the NSE, it dipped 10 per cent…
Read More...

New Delhi: Jet fuel price was hiked by a steep 7.5 per cent today and rates of non-subsidised cooking gas (LPG) by Rs 10.50 per cylinder in step with global firming of rates. Price of aviation turbine fuel (ATF), or jet fuel, in Delhi was…
Read More...